Seven Bank’s Sustainability

Our sustainability commitment

Since its foundation, although the word “sustainability” was not used, the Seven Bank Group has conducted corporate activities, pursuing both social/environmental values and business activities, based on “Corporate Principles,” “management ethos,” and “Code of Conduct.” The Purpose formulated in April 2021 clarified what the existence of Seven Bank is for and what values we should hold most dear. With all the employees holding a common conviction, we accelerate the speed of sustainability promotion and endeavor to create new social values.

Basic Sustainability Promotion Policy

The Seven Bank Group defines sustainability as a combination of the following two elements.

Proactively work on solving environmental and social issues through business activities and create values for both environment/society and the company

Fulfill the social responsibilities we should voluntarily carry out as a business that is supported by customers and society and coexists with the environment and society

When promoting sustainability, we aim to contribute to the SDGs by implementing the following policies.。

  • 1.Help create a more livable society through our business
  • 2.Address social challenges through our business so that "no one is left behind"
  • 3.Create inclusive workplaces where everyone can achieve their full potential
  • 4.Be planetary stewards, paying full consideration to the environment
  • 5.Help non-Japanese citizens of Japan be part of their communities through our business
  • 6.Communicate regularly with the public and give back to society as a good corporate citizen

Toward realization of sustainable growth

People’s lives and the environment surrounding companies have been significantly affected by various social issues, such as unstable international situation, an increase in economic gap, advance in the declining birthrate and aging society, and frequent occurrence of abnormal weather caused by climate changes. In light of such a situation, Seven Bank positioned “contribution to solving social issues” as an essential element for sustainable growth of the Seven Bank Group and one of its growth strategies in the Medium-Term Management Plan, which started in 2021, and placed this objective at the core of its management strategies. Aiming to be a provider of social infrastructure capable of meeting broad-ranging needs beyond the framework of financial services through resolution of diversifying social issues as well as new value creation, we are implementing various initiatives.

Sustainability promotion structure

The Sustainability Committee formulates policies on sustainability and deliberates the appropriateness and validity of important matters. A system has been put in place such that the policies and important matters are referred to and reported to the Executive Committee and the Board of Directors, allowing the top management members to supervise them. The Sustainability Committee is made up of diverse members including external experts and is held approximately three times a year.

Participation in external initiatives

Seven Bank endorses and participates in various initiatives to advance progress in creating a more sustainable world.

Task Force on Climate-related Financial Disclosures (TCFD)

Seven Bank supports the final recommendations regarding disclosure of climate-related financial information published by the TCFD, a body created by the Financial Stability Board, and publicly endorsed the recommendations in December 2021. We are taking steps and improving our disclosures following the TCFD framework.

TCFD

TCFD Consortium

Seven Bank joined the Japan TCFD Consortium in December 2021. Composed of Japanese companies and financial institutions that endorse the TCFD recommendations, the TCFD Consortium is a forum for discussing effective corporate disclosure and measures for using such disclosures to enable better-informed investment decisions by financial institutions and investors.

Financial Behavior Principles for the Formation of a Sustainable Society (PFA21)

Seven Bank signed the Principles for Financial Action for the 21st Century (PFA21) in February 2016. These principles were formulated as action guidelines for Japanese financial institutions wishing to fulfill the responsibilities and roles required of them to create a sustainable society.

Learning environmental and social issues

Visit to an ATM recycling partner site

ATMs that are removed for replacement with the new fourth-generation ATMs and are collected and recycled by our business partners. Through what processes do our products become waste, and are recycled into resources? What kind of work is being done at recycling sites to realize a sustainable, circular society? With the cooperation of one of our business partners, members including primarily the management team spent half a day at a recycling site and pondered upon what we as individuals and a company could do to help realize a circular society.