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.
Seven Bank’s Sustainability
Our sustainability commitment
The Seven Bank Group defines sustainability as “proactively working to resolve environmental and social issues through our business activities and creating value for both the environment and society and the company” and “proactively fulfilling our social responsibilities as a company that is supported by customers and society and that coexists with the environment and society.” Positioning sustainability at the core of our long-term management strategies, the Group is implementing various initiatives aimed at resolving diversifying social issues and creating new value.
Concept of sustainability
We will realize our Purpose through initiatives oriented toward achieving material issues, creating sustainable value for society, customers and the company.
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
Sustainability promotion structure
Sustainability promotion system
Initiatives in FY2024
| Topics | Initiatives to drive actions |
|---|---|
| Response to climate change | ● Reduced CO2 emissions by promoting replacement with new-generation ATMs (reduce power consumption per unit by 40% compared to the previous generation) ● Calculated Seven Bank Group’s consolidated CO2 emission (Scope 2) |
| Human capital management | ● Implemented measures for human resources recruitment/training and cultivation of organizational culture to achieve the Purpose ● Conducted training on DEI under the leadership of the DEI Promotion Subcommittee to promote in-house understanding of DEI |
| Formulation and dissemination of material issues | ● Implemented measures to instill awareness within the company, such as training, toward the promotion of sustainability on a company-wide basis ● Summarized initiatives in each business, including Group companies, and established KPIs |
| Fulfillment of social responsibility (CSR) | ● Took initiatives for future generations, provided support for the visually impaired, and conducted environmental contribution activities with employee participation |
| Strengthening of cooperation with stakeholders | ● Aiming to realize an ATM network that can contribute to solving social and environmental issues, launched an ATM Partner Sustainability Conference with three major supply chain companies |
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）
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.
- Seven Bank’s Sustainability
- Top Message
- Sustainability Management
- ESG
- Environment
- Social
- Corporate Governance
- Materiality
- Materiality top
- Fundamental value
Offer a social infrastructure available anytime with safety and security - Social value
Realize a wide variety of services accessible to anyone, anywhere - Creation of new values
Create unique values beyond our customers’ expectations - Source of value creation
Create a society where everyone can be active - Value creation for the future
Contribute to the prosperity of our society and the future of the Earth
- Social Contribution Activities
- For Future Generations
- Social Contribution Activities
- Other Corporate Information
- Investor Relations
- Company