|Date joined:||28 June, 2002|
|Initiatives:||Net Zero Banking Alliance and Principles for Responsible Banking|
Sumitomo Mitsui Financial Group (SMFG) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card business, investment, mortgage security, venture capital and other credit related businesses. SMFG has 167 consolidated subsidiaries and 53 companies accounted for by the equity method. In day to day operations, their company mission is to provide optimum added value to customers to achieve growth, to create sustainable shareholder value through business growth, and to provide a challenging and professionally rewarding work environment for their dedicated employees. In line with this philosophy, SMFG aims at raising its corporate value sustainability.
Sumitomo Mitsui Financial Group & CSR
On April 1, 2005 the “Group CSR Committee” was established in order to strengthen CSR initiatives. Chaired by the director in charge of the Corporate Planning Department, the committee deliberates on matters of group-wide CSR activities, including social contribution and environmental preservation initiatives. It is their complex financial services which contributes to the healthy development of society. For this purpose, they recognize the importance of the company mission to serve as a crucial part of the public infrastructure and as well as their social responsibilities. With such recognition, SMFG undertakes business operations that contribute to the steady development of Japan and the rest of the world, and endeavor, as a good corporate citizen, to make a positive contribution to society.
On July 1, 2002 one of their primary subsidiaries, Sumitomo Mitsui Banking Corporation (“SMBC”) became a signatory to the United Nations Environment Programme (UNEP) Statement by Financial Institutions on the Environment & Sustainable Development.