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Sumitomo Mitsui Banking Corporation (SMBC)Japan
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Created before Nov 2016
Last update: 2021-03-08 00:00:00

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Sumitomo Mitsui Banking Corporation head offices. Photo: 撮影。via Wikimedia Commons (CC BY-SA 3.0)

About Sumitomo Mitsui Banking Corporation (SMBC)

Sumitomo Mitsui Banking Corporation (SMBC) was established in April 2001 through the merger of two leading banks: Sakura Bank and the Sumitomo Bank. Sakura Bank was a descendant of Mitsui Bank, another major Japanese bank, founded in 1876, with operations dating back to 1683. Sumitomo Bank was a Japanese bank, founded in 1895. SMBC is the second largest bank of Japan and also holds branches in the United States, Canada and Europe. Sumitomo Mitsui Financial Group (SMFG) was established in December 2002 through a stock transfer as a bank holding company. SMBC became a wholly owned subsidiary of SMFG.

Website http://www.smbc.co.jp/global/index.html
Headquarters
1-1-2, Marunouchi, Chiyoda-ku
100-0005 Tokyo
Japan
CEO/chair Makoto Takashima
CEO
Supervisor
Bank of Japan
Annual reports CSR report 2020
Annual report 2020
CSR report 2019
Ownership
listed on Tokyo Stock Exchange

SMFG, Sumitomo Mitsui Financial Group, is the holding company of which SMBC is a wholly owned subsidiary. SMFG's shareholder structure can be accessed here.

Complaints and grievances

Sumitomo Mitsui Financial Group does not operate a complaints channel for individuals and communities that may be adversely affected by its finance.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

Related Dodgy Deals

Sumitomo Mitsui Banking Corporation (SMBC) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Policy Assessments

Banks, climate and energy

Bank policy scores on fossil fuel financing

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
6.5
Laggard

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0
Japan
Profile
Score
6.5
1616540400
Last update: 2021-03-24
Explanation

Total: 6.5 points out of 200

2 points out of 120 for oil and gas policy.

4.5 points out of 80 for coal policy.

See: Policy scores Excel sheet

Explanation

A bank can obtain a total of 200 policy points for its fossil fuel policies; 120 possible points for oil and gas policies and 80 possible points for coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 50 points
50.5 - 100 points
100.5 - 150 points
150.5 - 200 points
For more details see this page.

Bank policy scores on fossil fuel expansion

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
2.5
Laggard

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0
Japan
Profile
Score
2.5
1616540400
Last update: 2021-03-24
Explanation

Total: 2.5 points out of 82

0.5 point for a mountaintop removal (MTR) mine exclusion: SMBC does not provide support for coal mining projects that are conducting the MTR method.

2 points for a weak exclusion of coal power projects: SMBC prohibits financing for coal-fired power plants that are not ultra-supercritical.

See: Policy scores Excel sheet

Relevant policies
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00
Explanation

The scores for a bank's policies restricting expansion of fossil fuels - in each area, prohibitions against financing projects and/or companies expanding that area - are aggregated into a fossil fuel expansion policy score.

The point-based policy ranking for fossil fuel expansion consists of the following distribution:

  • Coal mining: 14 points​
  • Coal power: 14 points
  • Other coal: 7 points
  • Tar sands: 7 points
  • Arctic oil and gas: 7 points
  • Offshore oil and gas: 7 points
  • Fracked oil and gas: 7 points
  • LNG: 7 points
  • Other oil and gas: 12 points

A bank can obtain a total of 82 policy points for its fossil fuel expansion policy. Based on this score, banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 20.5 points
21 - 41 points
41.5 - 61.5 points
62 - 82 points
For more details see this page.

Bank policy scores on oil and gas financing

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
2
Laggard

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0
Japan
Profile
Score
2
1616540400
Last update: 2021-03-24
Explanation

Total: 2 points out of 120

0.5 point out of 18 for tar sands policy: see here.

0.5 point out of 18 for Arctic oil and gas policy: see here.

0.5 point out of 18 for fracked oil and gas policy: see here.

0.5 point out of 30 for other/conventional oil and gas policy: see here.

See: Policy scores Excel sheet

Explanation

For tar sands, Arctic oil and gas, fracked oil and gas, offshore oil and gas and LNG, 18 possible policy points can be obtained. For other/conventional oil and gas, 30 policy points can be obtained. In total, a bank can score a total of 120 policy points for its oil and gas policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 30 points
30.5 - 60 points
60.5 - 90 points
90.5 - 120 points
For more details see this page.

Bank policy scores on tar sands

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
0.5
Laggard

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0
Japan
Profile
Score
0.5
1616540400
Last update: 2021-03-24
Explanation

Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: SMBC conducts enhanced due diligence for oil sands businesses when considering lending.

See: Policy scores Excel sheet

Relevant policies
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00
Explanation

The point-based policy ranking above assesses bank policies in four ways:

1) Restriction on direct financing for tar sands projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand tar sands.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for tar sands.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its tar sands policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on Arctic oil and gas

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
0.5
Laggard

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0
Japan
Profile
Score
0.5
1616540400
Last update: 2021-03-24
Explanation

Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding Arctic oil and gas companies: SMBC conducts enhanced due diligence when considering lending for mining projects in the Arctic Circle.

See: Policy scores Excel sheet

Relevant policies
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for Arctic oil and gas projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand Arctic oil and gas. 

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for Arctic oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in Arctic oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on offshore oil and gas

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
0
Laggard

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0
Japan
Profile
Score
0
1616540400
Last update: 2021-03-24
Explanation

Total: 0 points out of 18

See: Policy scores Excel sheet

Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for offshore oil and gas projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand offshore oil and gas.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for offshore oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in offshore oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its offshore oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on fracked oil and gas

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
0.5
Laggard

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0
Japan
Profile
Score
0.5
1616540400
Last update: 2021-03-24
Explanation

Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding fracking companies: SMBC conducts enhanced due diligence when considering lending for shale oil and gas development (hydraulic fracturing).

See: Policy scores Excel sheet

Relevant policies
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for fracked oil and gas projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand oil and gas fracking.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for oil and gas fracking.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its fracking policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on other/conventional oil and gas

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
0.5
Laggard

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0
Japan
Profile
Score
0.5
1616540400
Last update: 2021-03-24
Explanation

Total: 0.5 point out of 30

0.5 point for enhanced due diligence/Equator Principles commitment regarding other/conventional oil and gas companies: SMBC is a signatory to the Equator Principles.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-01-14 00:00:00

Management of environmental risks

Date listed represents date as accessed on website
2021-01-14 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for other/conventional oil and gas projects.

  • None (0), weak exclusion (1.5), strong exclusion (5)

2) Restriction on financing for companies that expand other/conventional oil and gas. 

  • None (0), weak exclusion (3), strong exclusion (7)

3) The bank’s commitment to phase-out financing for other/conventional oil and gas.

  • None (0), financing reduction (1.5), weak phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in other/conventional oil and gas above a certain threshold.

  • None (0), enhanced due diligence/Equator Principles commitment (0.5), weak exclusion threshold (3), strong exclusion threshold (7), full exclusion (10)

A bank can obtain a total of 30 policy points for its other/conventional oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 7.5 points
8 - 15 points
15.5 - 22.5 points
23 - 30 points
For more details see this page.

Bank policy scores on coal financing

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
4.5
Laggard

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0
Japan
Profile
Score
4.5
1616540400
Last update: 2021-03-24
Explanation

Total: 4.5 points out of 80

1 point out of 32 for coal mining policy: see here.

3.5 points out of 32 for coal power policy: see here.

See: Policy scores Excel sheet

Explanation

For both coal mining and coal power, 32 possible policy points can be obtained, while for other coal,16 possible policy points can be obtained. So a bank can obtain a total of 80 policy points for its coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 20 points
20.5 - 40 points
40.5 - 60 points
60.5 - 80 points
For more details see this page.

Bank policy scores on coal mining

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
1
Laggard

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0
Japan
Profile
Score
1
1616540400
Last update: 2021-03-24
Explanation

Total: 1 points out of 32

0.5 point for a mountaintop removal (MTR) mine exclusion: SMBC does not provide support for coal mining projects that are conducting the MTR method.

0.5 point for enhanced due diligence regarding coal mining companies: SMBC conducts enhanced due diligence for coal mining businesses when considering lending.

See: Policy scores Excel sheet

Relevant policies
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal mining projects.

  • None (0), mountaintop removal mining exclusion (0.5), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal mining.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal mining.

  • None (0), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal mining above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal mining policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 8 points
8.5 - 16 points
16.5 - 24 points
24.5 - 32 points
For more details see this page.

Bank policy scores on coal power

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
3.5
Laggard

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0
Japan
Profile
Score
3.5
1616540400
Last update: 2021-03-24
Explanation

Total: 3.5 points out of 32

2 points for a weak exclusion of coal power projects: SMBC prohibits financing for newly planned coal-fired power plants that are not ultra-supercritical.

1 point for the commitment to proportionally reduce financing to coal power companies: SMBC Group aims to phase out its coal project loan balance by 2040, which here is credited as a proportional reduction in coal power finance.

0.5 point for enhanced due diligence regarding coal power companies: SMBC conducts enhanced due diligence on coal power companies.

See: Policy scores Excel sheet

Relevant policies
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal power projects.

  • None (0), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal power.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal power.

  • None (0), proportional reduction (1), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal power above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal power policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 8 points
8.5 - 16 points
16.5 - 24 points
24.5 - 32 points
For more details see this page.

Bank policy scores on coal infrastructure

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2021-03-24
JPN
0
Laggard

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0
Japan
Profile
Score
0
1616540400
Last update: 2021-03-24
Explanation

Total: 0 points out of 16

See: Policy scores Excel sheet

Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal infrastructure projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand coal infrastructure.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for coal infrastructure.

  • None (0), exposure reduction (1), weak phase-out (2), strong phase-out (4)

4) The bank’s commitment to exclude companies active in coal infrastructure above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (4), full exclusion (5)

A bank can obtain a total of 16 policy points for its coal infrastructure policy. Based on this score banks are then classified as laggards (0-4 points), followers (4.5-8 points), front runners (8.5-12 points) or leaders (12.5-16 points)

Laggard
Follower
Front runner
Leader
0 - 4 points
4.5 - 8 points
8.5 - 12 points
12.5 - 16 points
For more details see this page.

Banks and human rights

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
Sumitomo Mitsui Banking Corporation (SMBC)
JPN
2
Laggard

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0
Japan
Score
2
Ranking
Explanation

Sumitomo Mitsui Banking Corporation (SMBC)'s human rights policies, processes and reporting were assessed as part of the Human Rights Benchmark Africa 2021. The bank is assessed as a Laggard, with a total score of 2 out of 14.

Policy: 1/3
Due dilligence: 0.5/5
Reporting: 0.5/3
Remedy: 0/3

Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Sumitomo Mitsui Banking Corporation (SMBC)
2020-12-22
JPN
2019
64
48
75
7.6000000049E+37
0
Japan
Profile
Reporting period
2019
PF deals under EP
64
Project names reported
48
% Project names reported
75
1608591600
Last update: 2020-12-22
Explanation

EP reporting page: https://equator-principles.com/reporting-sumitomo-mitsui-banking-corporation-2019/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

East African Crude Oil Pipeline (EACOP) will disenfranchise local communities in Uganda and Tanzania (By Charity Migwi, Edwin Mumbere and Evelyn Acham)

2021-03-26 | Africa News
blog
external news
our news

NGOs call on 39 JICA bond underwriters and bondholders to urge JICA to stop supporting coal projects in Bangladesh and Indonesia

2021-03-25 | JACSES, Kiko Network, Friends of the Earth Japan, 350.org Japan, Mekong Watch
blog
external news
our news

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

Coal-backing Japanese bank bids for Green Climate Fund partnership

2021-03-15 | Climate change news
blog
external news
our news

Standard Bank reviewing oil pipeline financing concerns

2021-03-03 | Daily Monitor
blog
external news
our news

NGOs' pressure on banks threatens $3.5bn pipeline project financing

2021-03-02 | The East African
blog
external news
our news

263 ONG appellent les banques à ne pas financer la construction de l’oléoduc ougando-tanzanien

2021-03-01 | Agence Ecofin
blog
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our news

Más de 260 ONG piden a bancos no financiar un polémico oleoducto de África

2021-03-01 | Swiss Info
blog
external news
our news

Standard Bank targeted in appeal to avoid financing oil pipeline in East Africa

2021-03-01 | Business Live
blog
external news
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NGOs ask banks not to finance East African oil pipeline

2021-03-01 | Business Maverick
blog
external news
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In Brief: Nonprofits urge banks not to finance oil pipeline in East Africa

2021-03-01 | Devex
blog
external news
our news

Banks targeted in StopEACOP campaign

2021-03-01 | Energy Voice
blog
external news
our news

Organisations call on Standard Bank, others not to finance East African oil pipeline

2021-03-01 | Engineering News
blog
external news
our news

Organizations aim to block funds for East African oil pipeline

2021-03-01 | Mongabay
blog
external news
our news

Banks urged to steer clear of East Africa oil pipeline financing

2021-03-01 | Reuters
blog
external news
our news

South Africa's Standard Bank to assess 'way forward' on East Africa oil pipeline

2021-03-01 | Reuters
blog
external news
our news

Over 260 organisations call on banks not to finance Total’s East African Crude Oil Pipeline

With a final investment decision nearing, African and International organisations warn banks against joining $2.5 billion loan for a “manifestly irresponsible” project • New stopeacop.net campaign website launched.
2021-03-01 | International | BankTrack, 350.org Africa, AFIEGO, Inclusive Development International, IUCN NL
blog
external news
our news

Groundbreaking research reveals the financiers of the coal industry

Today, Urgewald & partners published an analysis of the financiers & investors behind the entire coal industry for the 1st time. One of the shocking results was that banks provide more money to coal than in 2016.
2021-02-25 | urgewald, Reclaim Finance
blog
external news
our news

Greta Thunberg joins Asian charge against Vietnam coal plant

2021-02-01 | Tokyo | Nikkei Asia
blog
external news
our news

Bank lending to plastics industry faces scrutiny as pollution concerns mount

2021-01-07 | Reuters
blog
external news
our news

Five years lost - How the finance industry is blowing the Paris carbon budget

2020-12-10 | Paris | urgewald, Center for Energy, Ecology, and Development (CEED), Friends of the Earth US, Rainforest Action Network, Re:Common, Reclaim Finance
blog
external news
our news

Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
blog
external news
our news

Crude Risk: Risks to banks and investors from the East African Crude Oil Pipeline

Civil society groups issue new finance risk briefing
2020-11-18 | BankTrack, AFIEGO, Both ENDS, Inclusive Development International, Just Share
blog
external news
our news

Bankrolling Extinction: The top 10 banks financing biodiversity loss

Report names HSBC, Bank of America, Mitsubishi Financial & others
2020-10-28 | portfolio.earth
blog
external news
our news

A call to action on the Principles for Responsible Banking: End climate-destructive financing now

2020-10-20 | BankTrack, Rainforest Action Network, and partners
blog
external news
our news

Uganda oil start date in doubt despite crucial agreements

2020-10-13 | Petroleum Economist
blog
external news
our news

Principles for Responsible Banking no obstacle to finance climate destruction

Twenty PRB banks provided over US$1.25 trillion in fossil fuel financing since Paris Agreement
2020-09-22 | Nijmegen | BankTrack, Rainforest Action Network
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Banks are fueling deadly fires, Covid-19 threatens to compound the risks

2020-09-08 | forestsandfinance.org
blog
external news
our news

Banks funnelled over USD 150 billion into companies driving deforestation since Paris Agreement, new data analysis shows

First-ever database reveals true scope of financing of forest-risk commodity companies, amidst global rainforest fires
2020-09-01 | San Francisco | BankTrack, Forests & Finance, Rainforest Action Network
blog
external news
our news

Equator Principles requirements missing for most projects, finds new BankTrack study

Research into 37 projects financed 'under Equator' finds project-level grievance mechanisms or stakeholder engagement processes cannot be evidenced in 65% of cases
2020-08-11 | BankTrack
blog
external news
our news

Fool’s Gold: financial institutions waste billions undermining climate action

Financial institutions risking our renewable energy future by supporting the European coal sector
2020-07-15 | Nijmegen | BankTrack, Greenpeace, urgewald, 350.org Japan, BlackRock, Ember, Europe Beyond Coal, Foundation Development YES Open-Pit Mines NO, Friends of the Earth Finland, Friends of the Earth France, Re:Common, Reclaim Finance, ShareAction
blog
external news
our news

Japan’s big bet on LNG looks increasingly risky

2020-07-08 | Greig Aitken - Global Energy Monitor
blog
external news
our news

International petition: Japan must not support Vung Ang 2 coal power plant in Vietnam

127 organizations from more than 40 countries and regions sign petition to Japanese public and private sectors
2020-05-26 | 350.org Japan, Friends of the Earth Japan, Kiko Network, The Asian Peoples
blog
external news
our news

Saudi Aramco closes US$10bn loan

2020-05-12 | London | Reuters
blog
external news
our news

CSOs react to African Development Bank’s statement rejecting claims of potential pipeline funding

2020-04-24 | BankTrack, 350.org, Africa Institute for Energy Governance, Inclusive Development International
blog
external news
our news

Japan’s 2nd largest bank – Mizuho – announces strictest ESG policies to date in Japan

Japan’s 2nd largest bank – Mizuho – adopts NDPE criteria for forest sector clients and announces strictest ESG policies to date in Japan – This puts the bank well ahead of its competitors SMBC & MUFG
2020-04-22 | Forests & Finance
blog
external news
our news

SMBC misses critical opportunity to be a climate leader

SMBC’s new climate policy falls well short of Mizuho’s
2020-04-20 | Tokyo | Rainforest Action Network
blog
external news
our news

Japan's SMFG to end lending for new coal-fired power plants

2020-04-17 | Tokyo | Reuters
blog
external news
our news

Major blow to Keystone XL pipeline as judge revokes key permit

Campaigners welcomed Wednesday’s ruling as a victory for tribal rights and environmental protection
2020-04-16 | The Guardian
blog
external news
our news

Reckless Keystone XL decision by TC Energy endorsed by JPMorgan Chase, Citi and Canadian peers

Big banks lead multi-billion dollar bond issuances days after company pushes pipeline forward amid global pandemic
2020-04-03 | San Francisco | 350 Seattle, Amazon Watch, Indigenous Environmental Network, Rainforest Action Network
blog
external news
our news

Sumitomo Mitsui to suspend new loans for coal-fired power plants

2020-04-02 | The Japan News
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year 
2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

Pobladores/as se toman terrenos de Forestal Arauco en Laraquete

2020-03-12 | Resumen.cl
blog
external news
our news

Japan’s megabanks complicit in destroying critical carbon sinks & fueling illegality

2020-01-31 | Tokyo | Rainforest Action Network
blog
external news
our news

Total abuses in Uganda: French High Court of Justice declares itself incompetent in favour of the Commercial Court

2020-01-30 | Friends of the Earth France
blog
external news
our news

SMBC seeking partners for ESG ventures

2020-01-16 | The Asset - ESG Forum
blog
external news
our news

Asia's appetite for coal grows, with China the key decider

India's consumption forecast to climb even as renewables flourish
2020-01-13 | Nikkei Asian Review
blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

Aramco IPO: These are the banks and advisers on world's biggest sale

2019-11-03 | Bloomberg
blog
external news
our news

Uganda and DRC CSOs communique on failures in EACOP ESIA public hearings

2019-10-25 | Africa Institute for Energy Governance
blog
external news
our news

Total’s suspension of the East African Crude Oil Pipeline is a chance for Standard Bank and others to think again

2019-09-19 | Ryan Brightwell – BankTrack
blog
external news
our news

Advocates urge International Olympic Committee to prioritize climate action, highlight hypocrisy of touting “sustainable” Tokyo Olympics while Japan finances new coal

Two Japanese megabanks sponsoring the Tokyo 2020 Olympics are major backers of coal
2019-09-16 | Oil Change International
blog
external news
our news

Japan seeks climate leadership at G-20 summit but can’t kick its coal habit

2019-06-27 | The Washington Post
blog
external news
our news

Duty of Care: Total served formal notice for its activities in Uganda

2019-06-27 | Friends of the Earth France
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

Citigroup cancels financing of Indonesian food giant Indofood over palm oil labor abuses

Major Asian, European banks and US brands still linked to controversial company
2019-06-18 | San Francisco, CA | Rainforest Action Network
blog
external news
our news

Activists urge banks not to finance Ugandan oil pipeline

2019-06-07 | Reuters
blog
external news
our news

International Call on Banks: Don’t finance the East Africa Crude Oil Pipeline

African and international groups voice opposition to pipeline development
2019-05-28 | Nijmegen | BankTrack, Inclusive Development International
blog
external news
our news

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
blog
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our news

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
blog
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our news

Where are Japan’s banks in the climate conversation?

2018-12-13 | Shin Furuno - 350.org
blog
external news
our news

Explosive reports expose illegal logging and human rights abuses by forestry giant Korindo Group

Tokyo 2020 Olympics implicated in sourcing tainted wood - Japanese and Indonesian banks found financing rainforest destruction
2018-11-11 | Jakarta | Rainforest Action Network, WALHI
blog
external news
our news

Gunvor joins other commodity players with sustainability-linked loan led by ING

Participating banks in the Gunvor facility include ABN Amro, CA Indosuez, Credit Suisse, DBS Bank, KfW Ipex-Bank, Mizuho, MUFG Bank, Nedbank, Rabobank, Raiffeisen, Société Générale, Sumitomo Mitsui Trust Bank and UniCredit.
2018-10-17 | Global Trade Review
blog
external news
our news

Major banks are failing Vietnam by violating Equator Principles commitments in financing coal power projects

2018-10-11 | Market Forces
blog
external news
our news

Pipeline: Stepping stone for Japanese financiers

2018-10-08 | Daily Monitor
blog
external news
our news

New report reveals Japanese financial institutions’ substantial role in climate crisis

2018-09-10
blog
external news
our news

These 3 coal plants might not get Japan funds under new rules

2018-08-27 | Bloomberg
blog
external news
our news

Is Japan finally turning away from coal? Sumitomo Mitsui Trust Bank and Nippon Life start the race to move beyond coal in Asia

2018-07-28 | The Diplomat
blog
external news
our news

プレスリリース:三井住友FG株主総会で森林保護方針強化を求めてアピール(2018/6/28)

Press Release: Mitsui Sumitomo FG General Meeting of Shareholders Seeking to Strengthen Forest Protection Policy Appeal (2018/6/28)
2018-06-28 | Tokyo | RAN
blog
external news
our news

Indofood: the perfect microcosm of how the financial system is still part of the problem

2018-05-31 | RAN
blog
external news
our news

Environmental NGOs respond to statement by Sumitomo Mitsui Financial Group CEO on restricting coal-fired power financing

2018-05-17 | FOE Japan, Greenpeace Japan, Japan Center for a Sustainable Environment and Society
blog
external news
our news

Sumitomo Mitsui signals it may curb coal-fired power financing

2018-05-16 | Bloomberg
blog
external news
our news

Cracks emerge in coal haven as insurers mull funding curbs

2018-05-14 | Bloomberg
blog
external news
our news

Japanese banks betray their commitments and the environment by funding more dirty coal

2018-04-18 | Market Forces
blog
external news
our news

Japanese banks betray their commitments and the environment by funding more dirty coal

2018-04-18 | Market Forces
blog
external news
our news

NGOs Sound the Alarm on Japanese Banks’ Continued Coal Financing

2018-04-09 | Tokyo | Greenpeace Japan, Rainforest Action Network
blog
external news
our news

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.
2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

New report: Towards responsible and inclusive financing of the palm oil sector

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
blog
external news
our news

Japanese Banks ill-Equipped to Reform Banking Practices in Line with the Paris Agreement

2017-10-12 | Tokyo, Japan
blog
external news
our news

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
blog
external news
our news

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
blog
external news
our news

Japanese Banks Failing to Respond to Climate Risks, New Reports Find

2017-06-22 | Rainforest Action Network
blog
external news
our news

28 major banks warned not to finance Trans Mountain pipeline expansion

Over 20 Indigenous and environmental groups deliver urgent letter.
2017-06-09 | BankTrack, Rainforest Action Network, others
blog
external news
our news

Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

- Oil traders Trafigura and Vitol received over $100 billion in loans since 2012
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa
2017-05-23 | Nijmegen | BankTrack
blog
external news
our news

Indigenous leaders launch new campaign to defund all four proposed tar sands pipelines

2017-05-09 | Turtle Island | Mazaska Talks
blog
external news
our news

Major international banks and investors finance devastating impacts of forest-risk commodities

New report finds eight corporate giants in palm oil, pulp and paper, timber and rubber involved in social and environmental scandal; exposes financial banking
2017-04-24 | Tokyo | Rainforest Action Network
blog
external news
our news

Energy Transfer: Which banks continue to support the company behind DAPL?

2017-04-06 | Alison Kirsch - Rainforest Action Network
blog
external news
our news

Banks risk breach of sustainability standards over Indonesian coal plant finance

New report from BankTrack and Greenpeace
2017-04-03 | Nijmegen, Netherlands | BankTrack, Greenpeace
blog
external news
our news

Who's bankrolling TransCanada?

Banking on TransCanada means banking on Keystone XL
2017-03-24 | Alison Kirsch - Rainforest Action Network
blog
external news
our news

Japanese and Singaporean banks step in to finance Indonesian coal plant in face of opposition from communities and environmentalists

After French banks ditch project, BankTrack, Friends of the Earth Japan and 350.org Japan strongly criticise all banks involved
2017-02-28 | Tokyo, Japan and Nijmegen, Netherlands | BankTrack, Friends of the Earth Japan
blog
external news
our news

New online platform reveals banks and investors financing companies linked to tropical forest loss in Southeast Asia

Financial sector under the spotlight in new international push to protect forests and forest communities
2016-09-06 | Singapore | Rainforest Action Network
blog
external news
our news

BankTrack condemns Japanese and Singapore bank financing of Batang coal project in Indonesia as reckless to people and climate

2016-06-06 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack
blog
external news
our news

New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack
blog
external news
our news

Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations
2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network
blog
external news
our news

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.
2014-12-02 | Geneva | BANKTRACK
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

Decommissioning cost of Fukushima Daiichi might be over US$90billion

2011-04-03 | Tokyo Japan | Finance GreenWatch
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
blog
external news
our news

Top financial institutions still invest US$20 billion in cluster bombs

Activists call on banks and pension funds to disinvest from banned weapon
2009-10-29 | London | Netwerk Vlaanderen
blog
external news
our news

NGOs criticise private banks irresponsible investment in Kazakhstan

2008-10-07 | Italy | CRBM
blog
external news
our news

Environmental groups condemn Japanese and French banks for financing Sakhalin II oil and gas project in Russia

2008-06-17 | Tokyo, San Fransisco, Moscow, Nijmegen | Pacific Environment
blog
external news
our news

Japanese Banks Blasted for Investment Plans in Sakhalin II

Banks to Stay out of Environmentally Unsound Oil and Gas Project in Russia
2008-06-12 | Tokyo | Friends of the Earth Japan
blog
external news
our news

New WWF-BankTrack report: Shaping the Future of Sustainable Finance

New report by BankTrack and WWF on bank policies
2006-01-26 | Davos, Switzerland | WWF UK

Documents

Type:
Year:
ngo documents
2021-04-12 00:00:00

Japan: Major Financier and Buyer of Leakage Palm Oil and Plywood

2021-04-12 00:00:00 | Chain Reaction Research
our publications
2021-03-24 00:00:00

Banking on Climate Chaos 2021

Fossil Fuel Finance Report
2021-03-24 00:00:00 | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
annual reports
2021-03-08 00:00:00

CSR report 2020

2021-03-08 00:00:00 | SMBC
our publications
2021-02-25 00:00:00

Open Letter from over 260 civil society organisations to banks on EACOP

2021-02-25 00:00:00 | 263 CSOs
csr policies
2021-01-14 00:00:00

Management of environmental risks

Date listed represents date as accessed on website
2021-01-14 00:00:00 | Sumitomo Mitsui Financial Group
csr policies
2021-01-14 00:00:00

Environmental policy

Date listed represents date as accessed on website
2021-01-14 00:00:00 | SMBC
csr policies
2021-01-14 00:00:00

Statement on sustainability

2021-01-14 00:00:00 | SMBC
our publications
2020-11-24 00:00:00

"Trust Us, We're Equator Banks": Part II

2020-11-24 00:00:00 | BankTrack
ngo documents
2020-11-19 00:00:00

Letter to banks and investors on Indofood labor exploitation

2020-11-19 00:00:00 | Rainforest Action Network
our publications
2020-11-18 00:00:00

Crude Risk: Risks to banks and investors from the East African Crude Oil Pipeline

2020-11-18 00:00:00 | BankTrack, AFIEGO, Both ENDS, Inclusive Development International, Just Share
ngo documents
2020-10-28 00:00:00

Bankrolling Extinction: The top 10 banks financing biodiversity loss

2020-10-28 00:00:00 | porfolio.earth
our publications
2020-10-20 00:00:00

A Call to Action on the Principles for Responsible Banking: End Climate-Destructive Financing Now

Joint civil society statement
2020-10-20 00:00:00 | BankTrack, Rainforest Action Network, and others
annual reports
2020-07-31 00:00:00

Annual report 2020

2020-07-31 00:00:00 | SMBC
annual reports
2020-07-31 00:00:00

CSR report 2019

2020-07-31 00:00:00 | SMBC
our publications
2020-07-15 00:00:00

Fool's Gold

The financial institutions risking our renewable energy future with coal
2020-07-15 00:00:00 | Europe Beyond Coal, BankTrack, BlackRock’s Big Problem, Ember, Fundacja "Rozwój TAK - Odkrywki NIE”, Friends of the Earth Finland, Friends of the Earth France, Greenpeace, Reclaim Finance, Re:Common, ShareAction, Urgewald, 350 Japan
annual reports
2020-05-19 00:00:00

Annual report 2019

2020-05-19 00:00:00 | SMBC
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00 | Sumitomo Mitsui Banking Corporation
csr policies
2020-04-01 00:00:00

Revision of group mission, vision and values

2020-04-01 00:00:00 | Sumitomo Mitsui Banking Corporation
our publications
2020-03-18 00:00:00

Banking on Climate Change - Fossil Fuel Finance Report 2020

2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club
correspondence
2019-12-10 00:00:00

Letter from BankTrack to SMFG on the bank's progress on its fossil fuel finance since COP24

2019-12-10 00:00:00 | BankTrack
our publications
2019-09-22 00:00:00

Civil Society Statement on the new Principles for Responsible Banking

2019-09-22 00:00:00 | BankTrack and others
correspondence
2019-09-13 00:00:00

Letter from SMBC to BankTrack on PRB implementation

2019-09-13 00:00:00 | SMBC
annual reports
2019-08-07 00:00:00

CSR Report 2018

Date listed represents date as accessed on website
2019-08-07 00:00:00 | Sumitomo Mitsui Financial Group
correspondence
2019-05-28 00:00:00

Letter from Inclusive Development International and BankTrack to Standard Bank, Stanbic Bank Uganda and SMBC on Standard bank's role in arranging finance for the East African Crude Oil Pipeline

2019-05-28 00:00:00 | Inclusive Development International and BankTrack
ngo documents
2019-05-21 00:00:00

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
2019-05-21 00:00:00 | Europe Beyond Coal
csr policies
2019-03-31 00:00:00

Modern Slavery Statement

2019-03-31 00:00:00 | SMBC
csr policies
2019-03-05 00:00:00

Response to climate change

Date listed represents date as accessed on website
2019-03-05 00:00:00 | Sumitomo Mitsui Financial Group
csr policies
2019-03-05 00:00:00

Statement on human rights

2019-03-05 00:00:00 | Sumitomo Mitsui Financial Group
ngo documents
2018-12-10 00:00:00

Bank Policy Matrix

2018-12-10 00:00:00 | Forests & Finance Coalition
correspondence
2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to SMFG on Demands FBNT campaign

2018-10-16 00:00:00 | BankTrack and 120 organisations
annual reports
2018-06-30 00:00:00

Annual Report 2018

2018-06-30 00:00:00 | Sumitomo Mitsui Financial Group
csr policies
2018-06-18 00:00:00

Policy for business associated with environmental and social risk

2018-06-18 00:00:00 | SMBC
correspondence
2018-05-18 00:00:00

Letter from FoE Japan and 170 NGOs to Japanese government, JBIC, JICA, NEXI on Japanese government must stop financing Cirebon and Indramayu coal power plants

2018-05-18 00:00:00 | FoE Japan and 170 NGOs
annual reports
2018-03-31 00:00:00

CSR Report 2017

2018-03-31 00:00:00 | Sumitomo Mitsui Financial Group
annual reports
2018-03-31 00:00:00

Annual Report 2017

2018-03-31 00:00:00 | Sumitomo Mitsui Financial Group
ngo documents
2018-02-28 00:00:00

How banks contribute to human rights violations: responses to the Business & Human Rights Resource Centre

2018-02-28 00:00:00 | Business & Human Rights Resource Centre
ngo documents
2017-11-30 00:00:00

Major international banks continue to finance palm oil company Indofood despite evidence of systemic labor abuses

Forest & Finance Briefing
2017-11-30 00:00:00 | RAN, TuK Indonesia & Profundo
ngo documents
2017-11-30 00:00:00

The human cost of conflict palm oil - revisited

How PepsiCo, Banks and the Roundtable on Sustainable Palm Oil perpetuate Indofood's worker exploitation
2017-11-30 00:00:00 | RAN, OPPUK & International Labor Rights Forum
ngo documents
2017-06-13 00:00:00

Japanese and Malaysian banks and investors continue to pump billions of dollars into forest-risk companies, without adequate environmental and social safeguards

2017-06-13 00:00:00 | RAN, TuK Indonesia & Profundo
correspondence
2017-06-06 00:00:00

Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO

2017-06-06 00:00:00 | Rainforest Action Network et al
annual reports
2017-04-06 00:00:00

CSR Report 2016

2017-04-06 00:00:00 | Sumitomo Mitsui Financial Group
our publications
2017-04-03 00:00:00

The Cirebon 2 coal power plant and the Equator Principles

2017-04-03 00:00:00 | BankTrack and Greenpeace
ngo documents
2017-03-27 00:00:00

Financiers of IOI and Asia Pulp & Paper (APP) face material ESG risks from failure to respect land tenure rights

2017-03-27 00:00:00 | RAN, TuK & Profundo
annual reports
2017-03-26 00:00:00

CSR Report 2016

2017-03-26 00:00:00 | Sumitomo Mitsui Financial Group
ngo documents
2017-02-28 00:00:00

IndoAgri's new sustainable palm oil policy ails to address key environmental, social and governance (ESG) risks

2017-02-28 00:00:00 | RAN, TuK & Profundo
ngo documents
2017-01-17 00:00:00

Dirty Bankers

How HSBC is financing forest destruction for palm oil
2017-01-17 00:00:00 | Greenpeace
correspondence
2016-11-30 00:00:00

Letter from 500 organisations to SMBC on financing DAPL

2016-11-30 00:00:00 | 500 organisations
ngo documents
2016-11-07 00:00:00

Protecting the Leuser Ecosystem

A Shared Responsibility
2016-11-07 00:00:00 | Rainforest Action Network
bank documents
2016-09-13 00:00:00

Sumitomo Mitsui response to BankTrack

2016-09-13 00:00:00 | Sumitomo Mitsui
bank documents
2016-08-15 00:00:00

Performance and Goals of CSR Initiatives of SMFG Companies

SMBC
2016-08-15 00:00:00
our publications
2016-06-30 00:00:00

Banking with Principles? Second Edition June 2016

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2016-06-30 00:00:00 | BankTrack
our publications
2016-06-02 00:00:00

Green Paper, Red Lines

Requirements for pulp and paper industry finance
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
our publications
2016-02-16 00:00:00

Human Rights Impact Briefing #1:Labour standards violations in IOICorporation’s Malaysian plantations

2016-02-16 00:00:00 | BankTrack
our publications
2015-05-04 00:00:00

The end of coal?

2015 Coal Finance Report Card
2015-05-04 00:00:00 | BankTrack, Rainforest Action Network and Sierra Club
ngo documents
2015-02-16 00:00:00

Tycoon-controlled oil palm groups in Indonesia - Executive Summary

2015-02-16 00:00:00 | TuK, Profundo
ngo documents
2015-01-09 00:00:00

Japanese Banks' Involvements in Human Rights Violations based on 4 Cases

Executive Summary of Fair Finance Guide Japan 1st Case Study
2015-01-09 00:00:00 | Published by A SEED JAPAN, JACSES and PARC
correspondence
2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

2014-12-10 00:00:00 | EPN
our publications
2014-12-02 00:00:00

Banking with Principles?

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2014-12-02 00:00:00 | BankTrack
ngo documents
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin
correspondence
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
our publications
2010-04-27 00:00:00

Close the Gap

Benchmarking investment policies of international banks
2010-04-27 00:00:00 | BankTrack
ngo documents
2009-10-01 00:00:00

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

2009-10-01 00:00:00 | Netwerk Vlaanderen, et. al.

Links

Fair Finance Japan - SMFG

Fair Finance Guide Japan
http://fairfinance.jp/bank/banks/smfg/

SMBC's web page on corporate social responsibility

http://www.smbc.co.jp/aboutus/english/csr/

SMFG's web page on corporate social responsibility

http://www.smfg.co.jp/english/responsibility/

Standard Bank and Sumitomo Mitsui Banking Corporation: Don’t finance the East Africa Crude Oil Pipeline

https://act.350.org/sign/stop-east-africa-crude-oil-pipeline/

Petition urging Total to cancel EACOP

https://secure.avaaz.org/campaign/en/stop_the_total_disaster_loc/

Matarbari coal power plants: Sumitomo, Japanese companies threaten communities and climate in Bangladesh

https://www.marketforces.org.au/stop-matarbari-coal-power-projects/

Policies

Voluntary initiatives

Sumitomo Mitsui Banking Corporation (SMBC) has committed itself to the following voluntary standards:
  • Banking Environment Initiative
  • Carbon Disclosure Project
  • Equator Principles
  • Global Reporting Initiative
  • Global Reporting Initiative- G3 Reporting Framework
  • ISO 14001
  • Principles for Financial Action towards a Sustainable Society
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Task Force on Climate-related Financial Disclosures
  • UNEP Finance Initiative
  • United Nations Global Compact

Investment policies

SMBC's corporate social responsibility falls under SMFG. SMFG's CSR web page can be found here.

Year:
csr policies
2021-01-14 00:00:00

Management of environmental risks

Date listed represents date as accessed on website
2021-01-14 00:00:00 | Sumitomo Mitsui Financial Group
csr policies
2021-01-14 00:00:00

Environmental policy

Date listed represents date as accessed on website
2021-01-14 00:00:00 | SMBC
csr policies
2021-01-14 00:00:00

Statement on sustainability

2021-01-14 00:00:00 | SMBC
csr policies
2020-04-16 00:00:00

Revision of ESG financing policies

2020-04-16 00:00:00 | Sumitomo Mitsui Banking Corporation
csr policies
2020-04-01 00:00:00

Revision of group mission, vision and values

2020-04-01 00:00:00 | Sumitomo Mitsui Banking Corporation
csr policies
2019-03-31 00:00:00

Modern Slavery Statement

2019-03-31 00:00:00 | SMBC
csr policies
2019-03-05 00:00:00

Response to climate change

Date listed represents date as accessed on website
2019-03-05 00:00:00 | Sumitomo Mitsui Financial Group
csr policies
2019-03-05 00:00:00

Statement on human rights

2019-03-05 00:00:00 | Sumitomo Mitsui Financial Group
csr policies
2018-06-18 00:00:00

Policy for business associated with environmental and social risk

2018-06-18 00:00:00 | SMBC

Equator Principles

Implementation and reporting

Sumitomo Mitsui Banking Corporation (SMBC) is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

active

Atlantic Coast Pipeline United States

Pipeline Transportation of Natural Gas
active

Cirebon 2 coal power plant Indonesia

Coal Electric Power Generation
active

Coastal GasLink pipeline Canada

Pipeline Transportation of Natural Gas
active

Dakota Access Pipeline United States

Pipeline Transportation of Crude Oil
target

East African Crude Oil Pipeline (EACOP) Uganda

Pipeline Transportation of Crude Oil
on record

Hazelwood coal power plant Australia

Coal Electric Power Generation
active

MGT Teesside biomass power station United Kingdom

Biomass Electric Power Generation
active

Mozambique LNG Mozambique

LNG Terminal | Pipeline Transportation of Natural Gas
active

Nghi Son 2 coal power plant Vietnam

Coal Electric Power Generation
active

Rio Grande LNG Terminal United States

LNG Terminal
active

Tanjung Jati-B 2 (TJB2) coal power plant Indonesia

Coal Electric Power Generation
on record

Trans Adriatic Pipeline (TAP) - international -

Oil and Gas Extraction
active

Van Phong I Vietnam

Coal Electric Power Generation
active

Vung Ang II coal power plant Vietnam

Coal Electric Power Generation
on record

Batang Coal Power Project Indonesia

Coal Electric Power Generation
on record

Block 31, Yasuni National Park Ecuador

Oil and Gas Extraction
on record

Camisea pipeline project Peru

Pipeline Transportation of Natural Gas
on record

El Dorado International Airport Colombia

Aviation
on record

Kashagan oil project Kazakhstan

Oil and Gas Extraction
on record

Liquified Natural Gas (LNG) project Papua New Guinea

LNG Terminal
on record

Rio Madeira dams: Jirau and Santo Antonio Brazil

Hydroelectric Power Generation
on record

Sakhalin II oil and gas project Russian Federation

Oil and Gas Extraction
on record

Trans Mountain Pipeline Expansion project (TMEP) Canada

Pipeline Transportation of Crude Oil

Good moves

Year:
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