Created on: 2017-06-27 14:53:47
Last update: 2019-11-04 17:18:56
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About Norinchukin Bank
The Norinchukin Bank (also known as Nochu Bank) is a Japanese cooperative bank, headquartered in Tokyo. It was founded in 1923 by the Japanese government to support its agricultural industry. It provides funding for agricultural, fishing and forestry cooperatives. The bank is also one of Japan’s largest institutional investors and invests in bonds, securitisation products, stocks, private equity and real estate, also through its overseas branches in New York, London and Singapore. The Norinchukin Bank adopted the Equator Principles in 2017, and is profiled as part of BankTrack's Equator Principles Track and Chase project.
13-2, Yurakucho 1-chome, Chiyoda-ku
Kazuto Oku |
President and CEO
Annual report 2019|
CSR report 2019
The Norinchukin Bank is owned by its members: Japan agricultural cooperatives, Japan fishery cooperatives, Japan forestry cooperatives, and related federations, as well as other agricultural, fishery and forestry cooperative organisations that have invested in the bank.
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Voluntary initiativesNorinchukin Bank has committed itself to the following voluntary standards:
The Norinchukin Bank's web page on corporate social responsibility can be accessed here.
Norinchukin Bank and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Norinchukin Bank adopted the Equator Principles in 2017.
Reporting on the Equator Principles
Norinchukin Bank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Norinchukin Bank is in compliance with its reporting obligations. Norinchukin Bank is still in its grace period.
Norinchukin Bank is involved in financing the following Equator Principles projects that BankTrack considers controversial.