Key Sustainability Areas

Mizuho has identified and included key sustainability areas in our 5–year Business Plan and business plans for specific areas. We have also set targets/KPI based on our key sustainability areas, and we are advancing sustainability initiatives as a unified group.

Key Sustainability Areas (Materiality)

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Process for identifying key sustainability areas

Sustainability Targets and KPIs

Business (Target/KPI)		Results in FY2020
Industry development & innovation Environmental considerations Sound economic growth	Sustainable finance/ Environmental finance JPY25 trillion total from FY2019 to FY2030 (of which, JPY12 trillion in environmental finance) Credit balance for coal–fired power generation providers based on our Environmental and Social Management Policy for Financing and Investment Activity By FY2030, reduce by 50% compared to FY2019, and by FY2040 reduce to a balance of zero.	Sustainable finance JPY4.7 trillion (of which, JPY1.5 trillion in environmental finance)
Declining birthrate and aging population, plus good health and lengthening lifespans	Asset formation to prepare for the future Net increase in investment products (Individual investors) Total number of individual customer who use investment products Net increase in publicly offered investment trust assets under management	JPY 805.1 billion 1.526 million customers JPY 982.3 billion
Industry development & innovation	Smooth business succession Number of clients provided with consulting Acceleration of innovation and industry transformation Number of IPOs as lead underwriter / rank in terms of underwriting amount	2,183 clients Rank in number of IPOs as lead underwriter:#2 / Rank in terms of IPO underwriting amount: #3

Corporate foundations[Target]
Diversity & Inclusion
Item		Target	Target time frame	Achievement (July 2021)
Percentage of management positions filled by women	General manager equivalent ^1,2	10%	Jul–24	7%
	general manager and manager equivalent ^1,2	20%	Jul–24	18%
Item		Level to be achieved continuously		Achievement (FY2020)
Percentage of management positions filled by employees hired outside Japan ³		65%		64%
Percentage of management positions filled by mid-career hires ⁵		15% or more		15%
Percentage of new graduates hired for management track jobs who are female ¹		30%		37%⁴
Percentage of paid annual leave taken by employees ¹		70%		70%
Percentage of eligible male employees who take childcare leave ¹		100%		98%
1: Japan (Total of Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, and Mizuho Securities) 2: Each equivalent positions are calculated based on internal job level classification. 3: Ex–Japan (Total of Mizuho Bank, Mizuho Trust & Banking, and Mizuho Securities) 4: April 2021 5: Manager equivalent and above, Japan (Total of Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, and Mizuho Securities).
Environmental Burden Reduction
Item・Target				Results in FY2020
CO2 emissions basic unit calculated from electricity usage ⁴ (CO2 emissions/total floor area) Long–term target: Reduce by 19.0% as of FY2030 compared to FY2009 Medium–term target: Reduce by 10.5% as of FY2020 compared to FY2009				Achieved a 34.8% reduction compared to FY2009
Reduce the FY2019 amount of worldwide Scope 1 and Scope 2 greenhouse gas emissions from the eight group companies ⁶ by 35% by FY2030, and aim to become carbon neutral by FY2050.				Achieved a 7.7% reduction compared to FY2019
Green purchasing ratio target for paper of at least 85% ⁴				99.9%
Paper recycling ratio target of at least 95% in FY2020 at major offices in Japan				92.1%
Reduce 7 group companies' ⁴ paper usage in Japan by 1% compared to the previous fiscal year				–21.9%
4:Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, Mizuho Securities, Mizuho Research & Technologies ⁵, Asset Management One, Mizuho Private Wealth Management) 5:Former Mizuho Research Institute and former Mizuho Information & Research Institute 6: Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, Mizuho Securities, Mizuho Research & Technologies, Asset Management One, Mizuho Private Wealth Management, Mizuho Americas)
Financial Education
Item・Target				Results in FY2020
Total financial education participants of 60,000 or more from FY2019 to FY2023				28,365 participants

Process for Identifying Key Sustainability Areas

We identify key sustainability areas in response to the expectations and demands that a variety of stakeholders have for financial institutions (and/or Mizuho in particular) in regards to the sustainable development of the economy, industry, and society, and based on medium– to long–term impact on our corporate value, as well as the strategic importance and affinity of such areas with our strategies. In identifying these areas, we consider which issues we should focus on from the perspective of medium– to long–term risks and opportunities for our in–house companies, units, and groups, and, after deliberation by the Executive Management Committee, the identified areas are confirmed through resolution by the Board of Directors. The key sustainability areas will be revised each fiscal year and incorporated into our business plans based on changes in the business environment.

Medium– to Long–term CSR Policy (up to Fiscal 2018)