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BankTrack is the international tracking, campaigning and support organisation focused on banks and the activities they finance.
We aim to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices.
Mizuho Financial Group is one of three Japanese "megabanks" (along with Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group). The name "Mizuho" is an archaic Japanese term meaning "golden ears of rice".
The Mizuho Financial Group offers a broad range of service including banking, trust banking and securities, and other business related to financial services through its group companies. Under the umbrella of the holding company Mizuho Financial Group, their major group companies include Mizuho Bank (MHBK), Mizuho Trust & Banking (MHTB) and Mizuho Securities (MHSC). Go here for a full overview of the Group's companies.
The group company Muziho Bank became a signatory of the Equator Principles in October 2003, and was the chair bank of the Equator Principles Association from May 2014 until April 2015.
This profile covers the holding company Mizuho Financial Group, unless indicated otherwise.
1-5-5, Otemachi, Chiyoda-ku
Yasuhiro Sato |
President & CEO
2016 Integrated Report|
2015 Integrated Report
2015 Integrated Report
listed on NYSE Euronext, Osaka Securities Exchange & Tokyo Stock Exchange
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. Mizuho Financial Group adopted the Equator Principles in 2003.
Mizuho Financial Group reports annually on their implementation of the Equator Principles. The 2015 report can be found here.
Mizuho Financial Group further reports on its portfolio of projects financed under the Equator Principles on the Equator Principles website, here.
Mizuho Financial Group is involved in financing the following Equator Principles projects that BankTrack considers controversial.
True leader Front runner Follower Laggard
BankTrack has assessed Mizuho Financial Group on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Mizuho Financial Group is assessed as a Laggard, with a total score of 3/12.
Mizuho Financial Group is reporting on the implementation here.