Mizuho Financial Group publishes impact business policy

The policy defines the bank’s course of action on impact-driven businesses.

Mizuho Financial Group and six companies under its umbrella have published its Impact Business Compass, a policy outlining Mizuho’s involvement in the impact business field.

The policy seeks to promote the idea of impact to the economy and society at large by setting out Mizuho’s thought process around impact, exploring the potential of impact-driven business, and defining the group’s course of action, Mizuho said in a press statement.

Mizuho’s impact business will reportedly adhere to three principles: first, to help achieve a sustainable society by providing comprehensive financial and nonfinancial services and solutions for the group’s clients’ business activities; second, to generate intentional impact by collaborating with the group’s clients to co-create value; and finally to foster a positive cycle of impact and revenue and mobilize capital markets to enhance Mizuho’s
clients’ corporate value.

“Driven by our purpose to proactively innovate together with our clients for a prosperous and sustainable future, we will leverage our collective capabilities as a group to partner with our clients in co-creating value and addressing social and environmental challenges,” Mizuho Financial Group said in a statement.

Companies who will adopt the policy include Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, Mizuho Securities, Mizuho Research & Technologies, Mizuho-DL Financial Technology, and Asset Management One.