As interest in preserving the natural environment, such as the protection of biodiversity, is growing worldwide, the financial industry is starting to strengthen its efforts to disclose the risks that its business activities pose to the environment.
Concerning the conservation of the natural environment, there is a growing global interest in the conservation of the natural environment, with the adoption of new goals by various countries at the "COP15" held last month. There is also a movement to disclose the risks of
Under these circumstances, the Sumitomo Mitsui Financial Group will start research with major non-life insurance companies next month on methods for evaluating and disclosing risks that its business activities pose to ecosystems and water resources.
In the future, we would like to support the disclosure of information by our business partners.
Sumitomo Mitsui Financial Group President Jun Ota said, "Megabanks have many customers and have a major role to play in environmental conservation. We will continue to disclose non-financial information, and we will take the lead in the creation of global rules. I want to."
In the financial industry, major financial groups such as Mitsubishi UFJ and Mizuho have begun to consider disclosing the risks of environmental destruction, and there is a growing movement to strengthen their efforts.