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Mizuho Financial GroupJapan

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Last update: 2024-12-17 11:56:31
Mizuho's head office in Chiyoda, Tokyo. Photo: Lombroso via Wikimedia Commons (Public Domain)

Active

This profile is actively maintained
Last update: 2024-12-17 11:56:31
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About
Website https://www.mizuhogroup.com/
Headquarters
1–5–5, Otemachi, Chiyoda–ku 100–8176
Tokyo
Japan
CEO/chair Masahiro Kihara
President & Group CEO
Supervisor
Financial Service Agency (Japan)
Ownership
listed on NYSE, Osaka Securities Exchange & Tokyo Stock Exchange

Mizuho's shareholder structure can be accessed here.

Mizuho Financial Group is one of three Japanese megabanks, along with Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group. Mizuho offers a broad range of service including banking, trust banking and securities, and other business related to financial services. Under the umbrella of the holding company Mizuho Financial Group, their major group companies include Mizuho Bank, Mizuho Trust & Banking and Mizuho Securities. 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.

Sustainability
Commitments
Policies
Voluntary standards

Mizuho's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Environmental policies and targets

Human Rights Policy

Bank policy
2023-09-27 00:00:00 | Mizuho Financial Group

Strengthening initiatives for achieving net zero by 2050

Bank policy
2022-12-29 00:00:00 | Mizuho Financial Group

Strengthening of Sustainability Actions

Bank policy
2022-05-17 00:00:00 | Mizuho Financial Group

Strengthening Sustainability Actions ENG

Bank policy
2022-05-17 00:00:00 | Mizuho Financial Group

Modern Slavery Statement

Bank policy
2022-04-01 00:00:00 | Mizuho Financial Group

Sector policies: weapons, coal-fired power generation, thermal coal mining, oil & gas, hydropower, agriculture, palm oil, lumber & pulp

(Page 68 of Mizuho 2022 Annual report)
Bank policy
2022-03-31 00:00:00 | Mizuho Financial Group

Biodiversity policy

Date listed represents date as accessed on website
Bank policy
2021-02-25 00:00:00 | Mizuho Financial Group

Environmental policy

Date listed represents date as accessed on website
Bank policy
2020-06-15 00:00:00 | Mizuho Financial Group

Environmental and social management policy for financing and investment activity

Bank policy
2020-06-03 00:00:00 | Mizuho Financial Group

Updated policy - Responsible investment and financing

(document in Japanese)
Bank policy
2020-06-01 00:00:00 | Mizuho Financial Group

Code of Conduct

Date listed represents date as accessed on website
Bank policy
2020-03-30 00:00:00 | Mizuho Financial Group

Modern Slavery Statement

Bank policy
2019-09-16 00:00:00 | Mizuho Financial Group

Revisioned policy for coal-fired power generation

(in Japanese)
Bank policy
2019-05-22 00:00:00 | Mizuho Financial Group

Human rights policy

Date listed represents date as accessed on website
Bank policy
2018-06-01 00:00:00 | Mizuho

Anti-Money Laundering Policy

Bank policy
2017-08-29 00:00:00 | Mizuho Financial Group

Environmental Initiatives policy

Bank policy
2016-02-15 00:00:00 | Mizuho Financial Group

Environmental and Social Checklist - Mining

Bank policy
2013-08-05 00:00:00 | Mizuho Bank

Environmental and Social Checklist - Offshore Oil and Gas Development

Bank policy
2013-08-05 00:00:00 | Mizuho Bank

Environmental and Social Checklist - Thermal Power

Bank policy
2013-07-31 00:00:00 | Mizuho Bank
Mizuho Financial Group has committed itself to the following voluntary standards:
Business for Social ResponsibilityTags: corporate social responsibility
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Declaration of biodiversity by KeidanrenTags: biodiversity | corporate social responsibility | Japan
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
Green Bond PrinciplesTags: bond issuance | investment | sustainable development
Montreal Carbon Pledge Tags: carbon | climate change
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Principles for Financial Action towards a Sustainable SocietyTags: climate change | environment | Japan
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Mizuho Financial Group is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Mizuho Financial Group's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Banks flout net-zero targets to cash in on the next LNG boom

With the financing of 156 new liquified natural gas terminals by the end of the decade, major banks and large investors are sponsoring a massive "carbon bomb" in the Earth's atmosphere
BankTrack mentioned
2024-12-09 | Corporate Knights
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks and investors’ unrestricted finance for LNG is fueling a future climate bomb

2024-12-05 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Most large banks still failing to implement UN human rights principles, new BankTrack benchmark finds

Despite gradual progress, banks show little action in addressing impacts, protecting vulnerable groups and supporting affected communities.
2024-11-27 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

COP29: New report on SOCAR highlights Azerbaijan’s damning fossil fuel and human rights record

2024-11-23 | Berlin / Baku | urgewald, CEE Bankwatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

‘The land belongs to Mozambicans, not to France’

Two week long protest continues against TotalEnergies and its Mozambique LNG gas project for resettlement violations in Afungi Communities, Palma District, Cabo Delgado, Mozambique
2024-11-15 | Justiça Ambiental (JA!)/Friends of the Earth Mozambique
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major ‘coal banks’ refuse to stop financing coal power boom in Asia

To stop a wave of new coal development across Asia, the End Coal Finance coalition is asking likely financiers to pledge not to back new coal power projects.
2024-11-14 | Nijmegen | BankTrack, Inclusive Development International, Recourse
Blog
BankTrack news BankTrack blog Partner news Partner blog

Japan’s flawed strategy to keep burning coal

2024-11-06 | Tokyo | Kiko Network, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

As the world chokes in plastic, banks continue to finance plastic production

New research reveals a lack of bank policies dealing with the impact of plastics on climate, nature and humans
2024-10-17 | Amsterdam | BankTrack, Plastic Soup Foundation, Profundo
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major banks fueling biodiversity collapse by $395 billion since the Paris Agreement; Governments failing to reign in banks

New reports reveal escalating financing to destructive sectors and highlight the urgent need for financial sector regulations to achieve Global Biodiversity Goals
2024-10-16 | San Francisco | BankTrack, Amazon Watch, CED Cameroon, Friends of the Earth US, Milieudefensie, Profundo, Rainforest Action Network, Repórter Brasil, Sahabat Alam Malaysia, TuK Indonesia
Blog
BankTrack news BankTrack blog Partner news Partner blog

LNG shipping emissions: A growing climate crisis

2024-10-10 | Stand.earth
Blog
BankTrack news BankTrack blog Partner news Partner blog

Energy supply financing ratios: the next milestone in banks’ climate strategy

The energy supply financing ratio is a key indicator that synthesizes two major challenges in limiting global warming to 1.5°C: the phase-out of fossil fuels and the development of sustainable alternatives.
2024-10-07 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies and financial markets: Financial institutions engaged for decades of pollution

2024-09-30 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global protests call on major banks to stop financing coal miner Adaro

2024-09-30 | Jakarta | BankTrack, Eko, Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

International NGOs call for immediate official investigation into reports of series of atrocities committed by Mozambican security forces near TotalEnergies’ Mozambique LNG premises

2024-09-27 | BankTrack, Friends of the Earth Europe, Friends of the Earth Japan, Friends of the Earth US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

Barclays earned $1.7 billion from company tied to Indigenous land invasion

Financial powerhouses including Barclays, Vanguard and BlackRock made millions from financing Brazilian meatpacker JBS
2024-09-26 | London | Global Witness
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks must overhaul climate targets to deliver emissions cuts, new analysis finds

Reclaim Finance is urging banks to rethink their targets, and in particular to jettison the widely used “financed emissions” and “facilitated emissions” targets.
2024-09-19 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Activists call on Japanese banks to stop funding coal miner Adaro

2024-09-13 | Tokyo, Japan | BankTrack, Eko, Kiko Network, Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack set to publish 2024 Global Human Rights Benchmark in November

50 of the world’s largest banks were invited to provide feedback on draft assessments of their human rights disclosures
2024-07-23 | Nijmegen, Netherlands | Giulia Barbos – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Gulf Coast residents and major organizations call on financial institutions to phase out financing of LNG projects in the Rio Grande Valley

“We will hold any financial institutions that choose to support these projects accountable for such impacts.”
2024-07-22 | New York City | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks fail to substantially respond to communities impacted by ArcelorMittal on climate and human rights concerns

2024-07-18 | BankTrack, Fair Steel Coalition, Reclaim Finance, SteelWatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

Pulp Fiction: the dystopian reality of the origin of your paper

A new report by Environmental Paper Network International debunks the story that paper is ‘green’ and ‘renewable’. Evidence piles up on the ecological and human impacts of the pulp expansion frenzy.  
2024-07-16 | Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coalition calls on European and Japanese banks to stop financing methane gas export projects on the United States Gulf Coast

2024-06-28 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Nippon Steel is a high risk bet on climate chaos

Financiers of Nippon should be wary of the steel company's coal-expansion plans
2024-06-21 | Cherry Achando – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Biggest banks finance more carbon pollution than emissions of Italy, Germany, France and UK combined

New report by ReCommon exposes carbon pollution financed by the world’s biggest banks ahead of G7 finance ministers meeting
2024-05-21 | Rome, Italy | ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JPMorgan Chase, Mizuho, and Bank of America are worst 3 funders

Annual Banking on Climate Chaos report with an updated methodology offers comprehensive look at who’s bankrolling the climate crisis
2024-05-13 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks fall for ArcelorMittal’s shiny claims and finance its dirty flames

Don’t be fooled by ArcelorMittal's “low carbon” sponsorship of the Olympic Games
2024-05-08 | Julia Hovenier – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks have not quit coal, 8 years after the Paris Agreement

Banks in China dominate global coal financing; those in Indonesia are outliers in having increased finance for coal since 2016
2024-05-03 | Nijmegen | Will O'Sullivan – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Japanese Banks Pour Billions Into Fossil Fuel Industry

Analysts warn that the continued fossil fuel support from the Japanese financial industry, showcased by the actions of various banks, insurance companies, asset owners and asset managers, is enabled by loose policies or loopholes. Fixing them is critical for addressing the climate crisis.
BankTrack mentioned
2024-04-24 | Energy Tracker Asia
Blog
BankTrack news BankTrack blog Partner news Partner blog

Residents of Kobe City, Japan, are fighting a coal power plant financed by Japanese megabanks

A Frontline Story of resistance to air pollution and climate change in Japan
2024-04-09 | BankTrack, Kobe Climate Case, No Coal Kobe, Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

The banks financing dirty steel

The world’s major banks continue to support the largest and most polluting steel producers
2024-03-26 | Paris, France | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Still butchering the planet

The big-name financiers bankrolling livestock corporations and climate change – 2024 update
2024-03-18 | London | Feedback
BankTrack news BankTrack blog Partner news Partner blog

Banks driving increase in global meat and dairy production, report finds

Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production
2024-03-18 | London | the Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

Four of the world’s top five banks supporting metallurgical coal expansion are Japanese

2024-03-07 | Tokyo, Japan | Reclaim Finance, SteelWatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers warned of huge risks to communities and biodiversity as Rio Tinto approves world’s biggest mining project

2024-02-26 | Accra, Ghana and Nijmegen, Netherlands | BankTrack, Advocates for Community Alternatives (ACA)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Three years after attempted coup, international banks still ignore the junta’s violent capture of the Myanmar-China pipelines

2024-02-01 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Asia’s top banks are still financing coal due to massive loopholes: report

Despite major Asian banks, namely in Singapore and Japan, announcing coal exclusions in recent years, growing captive coal power in Indonesia and lax restrictions on corporate finance to developers offer new coal financing “havens”, a study finds.
BankTrack mentioned
2024-01-23 | Eco-Business
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coal Havens - Asia’s biggest banks still open for coal business after COP28

The largest banks in India and Indonesia – global hotspots of the coal industry's growth – have no coal exclusion policy
2024-01-23 | Will O'Sullivan – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Wall Street Makes Zero Progress in Energy Finance Transition

The industry needs to get to a 4-to-1 ratio of clean energy versus fossil-fuel financing. At the end of last year, it was 0.73 to 1—little changed from 2021.
2023-12-14 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

67 organisations call on banks to cease financing metallurgical coal

Banks risk stranded assets & climate catastrophe in steel lending without metallurgical coal exclusions
2023-12-07 | Nijmegen | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Confronting a Fossil Future: Stopping the gas detour in renewable-rich Southeast Asia

Massive plans for gas undermine energy transition in renewables-rich Southeast Asia, new research reveals at COP 28
2023-12-03 | Dubai, UAE | Center for Energy, Ecology, and Development (CEED)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Met coal: financial institutions’ missing policies

Since 2016, the world’s biggest banks have provided US$ 557 billion in finance to the 50 biggest developers in the metallurgical sector
2023-11-23 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

124 civil society organisations call on financial institutions to withdraw support for TotalEnergies’ Mozambique LNG project

2023-11-17 | BankTrack, and partners, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

Environmental groups urge funding halt for TotalEnergies' Mozambique project

2023-11-17 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

The financial institutions behind the worst fossil fuel bonds in 2023

2023-11-16 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks have no planned exit from coal for steelmaking

A new briefing from BankTrack calls on banks to urgently restrict finance for metallurgical coal
2023-10-10 | Julia Hovenier – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report and blog: Barclays' bond with Adani

For the sake of the climate, human rights - and for its own good - Barclays should cut ties with Adani after the company's recent scandals
2023-09-18 | BankTrack, The Sunrise Project
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Major global banks are financing deadly US coal plants thanks to loopholes in their climate commitments

Banks continue to fund utility parent companies, despite policies to restrict loans to coal plants
2023-09-01 | Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Silent, invisible danger on Cirebon coast

How coal-power plants slowly compromise people’s lives in Indonesia
2023-08-31 | Jakarta Post
Blog
BankTrack news BankTrack blog Partner news Partner blog

UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations

2023-08-26 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks raised "green" finance for NordGold and then left communities affected by its Guinean goldmine stranded

Six European and Japanese banks helped mining company Nordgold raise $200 million “ESG-linked” financing. But they failed to address the impacts of its Lefa gold mine in Guinea, where affected people are seeking urgent relocation.
2023-08-24 | Nijmegen, Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Decarbonization: steel not making the cut

Analysis by Reclaim Finance shows that few financial institutions have steel targets, and that those that have been adopted are riddled with flaws
2023-08-23 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Convictions in Bribery Investigation at the Cirebon Coal Plant in Indonesia

Friends of the Earth Japan leads request to Japanese public bank and ministry of finance for prompt suspension of their support for the project
2023-08-18 | Friends of the Earth Japan
BankTrack news BankTrack blog Partner news Partner blog

Banks finally dump Whitehaven Coal

2023-07-17 | Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks committed to net zero still funding North Sea oil expansion by Equinor

Over 60 organisations have written to Equinor's biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.
2023-07-04 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Japan megabanks to tighten loan screening over human rights

Move comes in response to pressure from outside groups to address issue
2023-06-28 | Nikkei Asia
Blog
BankTrack news BankTrack blog Partner news Partner blog

Activists call on Japanese megabanks to pull out of Cirebon coal plant

Frontline residents and NGOs visited Japan from Indonesia, petitioning banks to abandon finance for one Cirebon unit and to retire the other
2023-05-31 | Friends of the Earth Japan
Blog
BankTrack news BankTrack blog Partner news Partner blog

Philippines communities are fighting back against gas & LNG build-out in the Verde Island Passage

The region has been designated to become the epicenter of fossil fuel expansion in Southeast Asia
2023-05-25 | BankTrack, Center for Energy, Ecology, and Development (CEED), Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financing mining for transition minerals in South Africa: Are banks doing enough on human rights?

New briefing finds banks linked to companies extracting transition minerals are overlooking serious human rights and environmental concerns
2023-04-26 | Business & Human Rights Resource Centre
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Australia’s big four banks face human rights complaint over Santos Barossa financing

2023-04-05 | Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?

Two banks made clear they will avoid financing Rovuma LNG, but plenty remain in the frame.
2023-03-20 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

Mozambique shows how JPMorgan Chase and other banks back war and climate chaos

New Banking on Climate Chaos case study
2023-03-16 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

These ‘Net-Zero’ Banks Are Still Pretty Big on Big Oil

A BloombergNEF study reveals how energy financiers that pledged to move away from fossil fuels are way behind.
2023-03-01 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

Just 7% of global banks' energy financing goes to renewables, new data shows

Major global banks are standing in the way of climate targets with new data showing just 7% of their financing for energy companies went to renewables between 2016 and 2022
2023-01-24 | BankTrack, Fair Finance International, Rainforest Action Network, Sierra Club, The Sunrise Project
Blog
BankTrack news BankTrack blog Partner news Partner blog

Throwing fuel on the fire: GFANZ members provide billions in finance for fossil fuel expansion

2023-01-17 | Paris, France /Nijmegen, Netherlands | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders
2022-11-17 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global bank policies ‘dangerously inadequate’ to prevent financing of deforestation, climate chaos and human rights abuses

As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased 160% between 2020 and 2021.
2022-10-18 | Forests & Finance Coalition
BankTrack news BankTrack blog Partner news Partner blog

Santos announces refinancing of syndicated debt facilities

Santos announced it had executed documentation to amend and extend its two syndicated bank loan facilities totalling US$1.25 billion.
2022-08-30 | Santos
Blog
BankTrack news BankTrack blog Partner news Partner blog

Japan’s megabanks: no net-zero banking ambition

All 3 banks keep financing companies with coal expansion plans, without any restriction
2022-08-24 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Finance groups risk being kicked out of Mark Carney-led climate coalition

2022-08-22 | London, UK; and Boston, USA | Financial Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

Jackdaw shows once again Shell is failing on climate. So why are its bankers failing to act?

2022-07-19 | The Hague, The Netherlands | Sumeyra Arslan – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks have arranged US$2.7 trillion in bonds for fossil fuel companies

2022-07-12 | Australia | The Sunrise Project
Blog
BankTrack news BankTrack blog Partner news Partner blog

Publication: Japanese bank financing of the East African Crude Oil Pipeline

Backgrounder on Environmental, Social, and Governance Risk (June 2022)
2022-06-06 | #StopEACOP, Center for International Environmental Law (CIEL), Oil Change International
Blog
BankTrack news BankTrack blog Partner news Partner blog

New Report: Financing a Fossil Future – Tracing the Money Pipeline of Fossil Gas in Southeast Asia

Southeast Asia is spiraling into a fossil future thanks to a massive fleet of gas projects
2022-06-03 | Center for Energy, Ecology, and Development (CEED)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate groups call on Shell’s bankers to stop Jackdaw gas field

UK government’s regulatory approval opens the door for Shell to move ahead with the Jackdaw field
2022-06-03 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Mizuho's revised climate policy prohibits business with new coal clients but still not consistent with Paris 1.5°C target

2022-05-18 | Japan | 350.org Japan
Blog
BankTrack news BankTrack blog Partner news Partner blog

12 banks lend $8 billion to oil and gas expansionist TotalEnergies

2022-05-13 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Carney and Bloomberg must show leadership to stop GFANZ dithering

Only five major GFANZ members have any restrictions on financing new oil and gas supply
2022-04-21 | Paris | BankTrack, urgewald, Climate Action Network International, Reclaim Finance, ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

At least $132 billion in finance for fossil fuels is locking Africa out of a Just Transition, shows new report

African countries kept in fossil fuel stranglehold by Overseas money
2022-03-03 | BankTrack, 350.org Africa, AFIEGO, Africa Coal Network, Alerte Congolaise pour l’Environnement et les Droits de l’Homme (ACEDH), Alliance for Empowering Rural Communities (AERC), Centre for Alternative Development (CAD), Environment Governance Institute (EGI), Friends of the Earth Ghana, Friends of the Earth Mozambique, Friends of the Earth Togo, Innovation for the Development and Protection of the Environment (IDPE), Laudato Si, Lumière Synergie pour le Développement (LSD), Milieudefensie, Oil Change International, Save Okavango (SOUL), Solidarité pour la Réflexion et Appui au Développement Communautaire (SORADEC), Synergie de Jeunes pour le Développement et les Droits Humains (SJDDH), Women Environmental Programme Nigeria, WoMin, Zimbabwe Environmental Law Association (ZELA)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Who is still financing the global coal industry?

New research reveals banks and investors behind the world’s worst climate offenders
2022-02-15 | Berlin | Urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

Proposed conversion of former coal plant to biomass is a high risk for investors, new study shows

Portugal to decide on future of Pego power station by late February
2022-01-27 | Portugal | Biofuelwatch, Environmental Paper Network, Global Forest Coalition, ZERO
Blog
BankTrack news BankTrack blog Partner news Partner blog

Repeat offenders NAB, ANZ and Westpac bankrolling “bet against the Paris Agreement”

NAB, ANZ and Westpac are among 18 global banks that have loaned to a gas processing facility that paves the way for a carbon bomb at the scale of 15 coal power stations.
2022-01-20 | Market Forces
BankTrack news BankTrack blog Partner news Partner blog

Mizuho Financial taps Masahiro Kihara as next president

2022-01-10 | Nikkei Asia
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major Japanese banks linked to Myanmar military cartel

2021-12-21 | Adrian Lakrichi – BankTrack, Justice For Myanmar
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance
2021-12-14 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

New Hope Corporation doubles down on coal during farcical 2021 AGM

2021-11-19 | Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.
2021-11-17 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

A future without coal: banking on Asia's just energy transition

2021-11-10 | Fair Finance Asia
Blog
BankTrack news BankTrack blog Partner news Partner blog

Activists tell banks and investors to stop doing business with the world’s largest meat company JBS

Company's USD 1 billion “sustainability-linked bond” will allow expansion of Amazon deforestation and massive greenhouse gas emissions, say campaigners
2021-11-03 | BankTrack, Forests & Finance
Blog
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JBIC and private banks must reconsider decision to finance LNG Canada project

NGOs strongly condemn JBIC’s decision to provide public finance that ignores climate crisis and rights of Indigenous peoples ahead of COP 26
2021-10-29 | 350.org Japan, Friends of the Earth Japan, JACSES, Kiko Network, Mekong Watch
Blog
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Meet the banks funding the owners of the Cambo oil field

New research shines a spotlight on the banks backing Shell and Siccar Point Energy
2021-10-29 | #StopCambo
Blog
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Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
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‘Wreckers of the Earth’: 300 London-based companies destroying the planet

2021-10-14 | Corporate Watch
Blog
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Campaigners take action as part of Global Call to end Japan’s fossil fuel finance

2021-10-07 | BankTrack
Blog
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Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
Blog
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East African Crude Oil Pipeline: more banks to stay away from troubled Total project

HSBC and Mizuho among the largest lenders indicating they will steer clear of the widely criticised project
2021-09-14 | BankTrack, #StopEACOP
Blog
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Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance
Blog
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New bank links to Myanmar junta and atrocities found

19 international banks together invest over US$65 billion in shares of companies with ties to the Myanmar military junta
2021-07-28 | BankTrack, Justice For Myanmar
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Japan's banks face rising climate activism despite vetoed motions

2021-06-29 | S&P Global
Blog
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Brazilian meat company JBS issues "sustainability-linked" bonds: Forests & Finance coalition responds

2021-06-25 | Forests & Finance
Blog
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Bondholders challenged JICA to stop supporting coal projects in Bangladesh and Indonesia

2021-06-24 | BankTrack, 350.org Japan, Anthropocene Fixed Income Institute (AFII), Friends of the Earth Japan, JACSES, Kiko Network, Mekong Watch
BankTrack news BankTrack blog Partner news Partner blog

JBS shows SLB label is nothing without scrutiny

2021-06-18 | Global Capital
Blog
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World’s 50 largest banks and investors driving deforestation through weak policies and major investments, new study finds

Top investors BlackRock, Vanguard, State Street, PNB, EPF, GPIF, and KWAP all amongst lowest scoring
2021-06-08 | Forests & Finance
Blog
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Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
Blog
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Revealed: Businesses and banks behind global plastic waste crisis

Just 20 companies produce over 50 per cent of all single-use plastic - Top financial institutions enabling plastic waste identified
2021-05-18 | Minderoo Foundation
BankTrack news BankTrack blog Partner news Partner blog

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
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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
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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
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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
BankTrack news BankTrack blog Partner news Partner blog

Greta Thunberg joins Asian charge against Vietnam coal plant

2021-02-01 | Tokyo | Nikkei Asia
BankTrack news BankTrack blog Partner news Partner blog

Bank lending to plastics industry faces scrutiny as pollution concerns mount

2021-01-07 | Reuters
Blog
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The battle to stop Line 3 is heating up on the ground and across the US

Activists around the US join national day of action to end financing for tar sands pipelines like Enbridge's Line 3
2020-12-14 | Maaike Beenes – BankTrack
Blog
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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, Reclaim Finance, ReCommon
Blog
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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
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Banks Funnelled Over USD 150 Billion Into Companies Driving Deforestation Since Paris Agreement, New Data Analyses Shows

2020-11-16 | Forests & Finance
Blog
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Bankrolling Extinction: The top 10 banks financing biodiversity loss

Report names HSBC, Bank of America, Mitsubishi Financial & others
2020-10-28 | portfolio.earth
Blog
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A call to action on the Principles for Responsible Banking: End climate-destructive financing now

2020-10-20
Blog
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Two sides of the same coin: How the pulp and paper industry is profiting from deforestation in the Amazon rainforest

2020-09-22 | Environmental Paper Network
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

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

2020-09-08 | forestsandfinance.org
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Japan’s big bet on LNG looks increasingly risky

2020-07-08 | Greig Aitken - Global Energy Monitor
Blog
BankTrack news BankTrack blog Partner news Partner blog

Could financial sector vigilance have avoided Vizag gas leak?

India must make Environment, Social and Governance accountability mandatory so that lenders are responsible towards tax payers
2020-07-01 | Shreya Kaushik, Fair Finance India
Blog
BankTrack news BankTrack blog Partner news Partner blog

Massive global shareholder backing for Mizuho climate shareholder proposal

2020-06-25 | Tokyo | Kiko Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Saudi Aramco closes US$10bn loan

2020-05-12 | London | Reuters
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Mizuho says it will stop lending to new coal power projects

2020-04-15 | Tokyo | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2020-03-21 | New York/Amsterdam | Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Mizuho faces shareholder climate resolution, in first for Japan

2020-03-16 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Kiko Network, as Mizuho Financial Group shareholder, files first ever climate resolution in Japan

Kiko Network press release
2020-03-16 | Kiko Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2020-01-31 | Tokyo | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Environment minister opposes Vietnam coal-fired project involving Japan firm

2020-01-22 | The Mainichi
Blog
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Davos financial players pump US$1.4 trillion into fossil fuels: new Greenpeace report

Banks, insurers and pension funds are as culpable for the climate emergency as the fossil fuel industry - especially those at the World Economic Forum Annual Meeting
2020-01-21 | Greenpeace
BankTrack news BankTrack blog Partner news Partner blog

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

India's consumption forecast to climb even as renewables flourish
BankTrack mentioned
2020-01-13 | Nikkei Asian Review
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2019-11-03 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Rio Grande Valley: Big banks urged not to back high risk fracked-gas export terminals

2019-08-14 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

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

BankTrack mentioned
2019-06-27 | The Washington Post
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Mizuho’s new policy on coal-fired power generation financing falls behind Mitsubishi UFJ policy revisions

2019-05-23 | Tokyo | 350.org Japan
BankTrack news BankTrack blog Partner news Partner blog

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

2019-03-20 | Desmogblog.com
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Trans Adriatic Pipeline: France provides massive financial support to controversial gas project

2019-01-17 | Paris, France | Les Amis de la Terre
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

Where are Japan’s banks in the climate conversation?

2018-12-13 | Shin Furuno - 350.org
Blog
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COP24: New research reveals the banks and investors financing the expansion of the global coal plant fleet

Japanese banks top lenders, Chinese banks top underwriters; US companies biggest institutional investors in the coal plant pipeline
2018-12-05 | Katowice, Poland | BankTrack, urgewald
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

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

2018-10-11 | Market Forces
Blog
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New report reveals Japanese financial institutions’ substantial role in climate crisis

2018-09-10
BankTrack news BankTrack blog Partner news Partner blog

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

2018-08-27 | Bloomberg
Blog
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HSBC's shift on energy lending has Suncor throwing its toys out of the pram

But new policy is no isolated move - finance for tar sands will dry up, just as it is doing for coal.
2018-08-09 | Ryan Brightwell – BankTrack
Blog
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Marubeni - playing on both sides of the energy transition

The Japanese conglomerate could be a leader in renewables, but its coal expansion plans should place it beyond the pale for responsible banks.
2018-08-01 | Lucie Pinson – Les Amis de la Terre
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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
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Liberian communities harassed after calling on banks to halt $1.5 billion loan to Wilmar over landgrabbing concerns

2018-07-26 | Inclusive Development International
Blog
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“A small step forward on climate change risk management, but bolder action required”

Environmental NGOs Respond to Release of New Mizuho Financial Group Financing Policy
2018-06-15 | FOE Japan, Greenpeace Japan, JACSES, Kiko Network, Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

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

2018-05-31 | RAN
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

Cracks emerge in coal haven as insurers mull funding curbs

BankTrack mentioned
2018-05-14 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

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

2018-04-18 | Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2018-04-18 | Market Forces
Blog
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NGOs Sound the Alarm on Japanese Banks’ Continued Coal Financing

2018-04-09 | Tokyo | Greenpeace Japan, Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
Blog
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Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network
Blog
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Japanese Banks ill-Equipped to Reform Banking Practices in Line with the Paris Agreement

2017-10-12 | Tokyo, Japan
Blog
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Report Shines a Light on Hidden Backers of World’s Most Destructive Coal Project

2017-10-12 | Inclusive Development International
Blog
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“Responsible” investors under scrutiny for investing in climate-destroying banks

2017-09-26 | Rainforest Action Network
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

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

2017-08-01 | Mandy Haggith – Environmental Paper Network
BankTrack news BankTrack blog Partner news Partner blog

Mizuho Bank Presented with “2017 Irresponsible Bank Japan Award” in front of Annual Shareholder Meeting

2017-06-23 | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

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

2017-06-22 | Rainforest Action Network
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

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

2017-05-09 | Turtle Island | Mazaska Talks
Blog
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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
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Energy Transfer: Which banks continue to support the company behind DAPL?

2017-04-06 | Alison Kirsch - Rainforest Action Network
Blog
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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
BankTrack news BankTrack blog Partner news Partner blog

Who's bankrolling TransCanada?

Banking on TransCanada means banking on Keystone XL
2017-03-24 | Alison Kirsch - Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Mizuho’s Statement on the Dakota Access Pipeline Project

2016-12-16 | Mizuho
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
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New BankTrack Human Rights Impact Briefing: Drummond and paramilitary violence in Colombia

2016-05-25 | Nijmegen | BankTrack
Blog
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New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

RBS sells further North American loan portfolio to Mizuho

2015-04-27 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Mizuho to Buy RBS Loans in North America for $3 Billion

2015-02-26 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Mizuho must lead by example as new Equator Principles chair, says BankTrack

2014-05-01 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls for strengthening of Green Bond Principles

Combatting climate change needs real commitments instead of loose guidelines - Banks must urgently curb fossil fuel financing
2014-04-14 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

2013-04-10 | RAN
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack mentioned
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack mentioned
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Sakhalin II: new environmental violations brought to light

Banks once more warned for risks of being involved
2007-06-27 | United States of America | Pacific Environment
Blog
BankTrack news BankTrack blog Partner news Partner blog

Who has adopted the Equator Principles?

Confusion at the EP Secretariat highlights grave flaws in implementation
2007-03-22 | Utrecht | CEDHA
Blog
BankTrack news BankTrack blog Partner news Partner blog

Sakhalin II: Six banks face serious decision

now that the Russian government has revoked the environmental permits
2006-09-15 | London, United Kingdom | Pacific Environment
Resources
Documents
Videos
Links

Banking on biodiversity collapse 2024

Partner publication
2024-10-16 00:00:00 | Forest and Finance Coalition

Banking on a climate shipwreck

Exposing the role of global banks in the expansion of maritime fossil gas
NGO document
2024-10-10 00:00:00 | Stand.earth

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA

Response Tracking – Letter to 20 banks on ArcelorMittal, sent June 10th 2024

NGO document
2024-07-17 00:00:00 | BankTrack

Suzano's Pulp Fiction

Comparing words and deeds of the world’s largest eucalyptus pulp producer
NGO document
2024-07-16 00:00:00 | EPN

Open letter to EU & Japanese banks to end finance for LNG in the Gulf South, US

NGO document
2024-06-28 00:00:00 | BankTrack

Climate & Nature-related report 2024

Other bank document
2024-06-19 00:00:00 | Mizuho Financial Group

Letter from BankTrack to Mizuho Financial Group on Risks of Mizuho Financial Group's relationship with ArcelorMittal

Correspondence
2024-06-10 00:00:00 | BankTrack

UNSUPERVISED - The carbon pollution of the world’s largest banks

NGO document
2024-05-21 00:00:00 | ReCommon

Banking on climate chaos 2024

Fossil fuel finance report 2024
BankTrack publication
2024-05-13 00:00:00 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club

Still Banking on Coal press release

Commercial Banks Still Deep into Coal 8 Years After Paris
Partner publication
2024-05-02 00:00:00 | Urgewald

Commercial Banks Still Deep into Coal 8 Years After Paris

NGO document
2024-05-02 00:00:00 | Urgewald

Sustainability Progress 2024

Other bank document
2024-04-12 00:00:00 | Mizuho Financial Group

Still Butchering the Planet

Partner publication
2024-03-18 00:00:00 | Feedback

Finance for War. Finance for Peace

How values-based banks foster peace in a world of increasing conflict
Other document
2024-02-28 00:00:00 | Banca Etica Group and the Global Alliance for Banking on Values (GABV)

Annual report 2023

Annual report
2024-02-13 00:00:00 | Mizuho

Letter from BankTrack to Mizuho Financial Group on Ending support for metallurgical coal

Correspondence
2023-12-07 00:00:00 | BankTrack

Letter from BankTrack to Mizuho Financial Group on posco relining plans

Correspondence
2023-11-29 00:00:00 | BankTrack

Letter from BankTrack, ACA, CTEA to Mizuho Financial Group on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-23 00:00:00 | BankTrack, ACA, CTEA

今なお続く製鉄用石炭への融資

なぜ銀行は原料炭から撤退すべきか
BankTrack publication
2023-10-12 00:00:00 | Julia Hovenier, BankTrack

Still bankrolling coal (for steel)

Why banks must quit metallurgical coal
BankTrack publication
2023-10-10 00:00:00 | Julia Hovenier, BankTrack

Human Rights Policy

Bank policy
2023-09-27 00:00:00 | Mizuho Financial Group

Letter from BankTrack and 60 civil society groups to 20 bank financiers of Equinor on Equinor's proposed North Sea field Rosebank

Letter to financiers of Equinor on their client's ownership of Rosebank
Correspondence
2023-07-04 00:00:00 | BankTrack and 60 civil society groups

Annual report 2019

Annual report
2023-06-19 00:00:00 | Mizuho

TCFD Report 2023

Other bank document
2023-06-15 00:00:00 | Mizuho Financial Group

Will San Miguel Power a World Made Better?

Partner publication
2023-06-12 00:00:00 | CEED

Letter from BankTrack to Mizuho on financial ties to Nordgold's Lefa gold mine in Guinea

Correspondence
2023-05-04 00:00:00 | BankTrack

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
BankTrack publication
2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

BankTrack publication
2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network

Annual report 2022

Annual report
2023-01-19 00:00:00 | Mizuho Financial Group

Strengthening initiatives for achieving net zero by 2050

Bank policy
2022-12-29 00:00:00 | Mizuho Financial Group

BankTrack Global Human Rights Benchmark 2022

BankTrack publication
2022-11-17 00:00:00 | BankTrack

Who is financing fossil fuel expansion in Africa?

BankTrack publication
2022-11-15 00:00:00 | Urgewald, BankTrack, 350.org Africa, Africa Coal Network & Oilwatch Africa, et al.

Letter from BankTrack and Mars se Drine to Mizuho financial Group on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine

Letter from BankTrack, 350.org, Bank on our Future and Uplift to 25 banks on Shell's proposed Jackdaw gas field

Correspondence
2022-06-03 00:00:00 | BankTrack, 350.org, Bank on our Future and Uplift

Japanese Bank Financing of the East African Crude Oil Pipeline (EACOP)

Backgrounder on ESG risks
NGO document
2022-06-01 00:00:00 | Oil Change International, CIEL, #StopEACOP

Strengthening of Sustainability Actions

Bank policy
2022-05-17 00:00:00 | Mizuho Financial Group

Strengthening Sustainability Actions ENG

Bank policy
2022-05-17 00:00:00 | Mizuho Financial Group

Modern Slavery Statement

Bank policy
2022-04-01 00:00:00 | Mizuho Financial Group

Sector policies: weapons, coal-fired power generation, thermal coal mining, oil & gas, hydropower, agriculture, palm oil, lumber & pulp

(Page 68 of Mizuho 2022 Annual report)
Bank policy
2022-03-31 00:00:00 | Mizuho Financial Group

Banking Asia's Future

How to Align with National Climate Plans
Other document
2022-03-31 00:00:00 | Aviva: Asia Research and Engagement

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
BankTrack publication
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald

Annual report 2021

Annual report
2022-03-29 00:00:00 | Mizuho Financial Group

Actions speak louder: Assessing bank responses to human rights violations

BankTrack publication
2021-12-14 00:00:00 | BankTrack

Letter from BankTrack to Mizuho Financial Group on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack

Letter from Mizuho to BankTrack on response to letter regarding investments in Myanmar

Correspondence
2021-10-29 00:00:00 | Mizuho

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
NGO document
2021-09-23 00:00:00 | Reclaim Finance

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

NGO document
2021-08-19 00:00:00 | BankTrack

TCFD Report 2021

Other bank document
2021-06-30 00:00:00 | Mizuho

Asian Banks Continue to Finance the Palm Oil Refining Sector as Leakage Declines

NGO document
2021-06-28 00:00:00 | Chain Reaction Research

Forests & Finance 2021 Briefing - Is Your Money Destroying Rainforests or Violating Rights?

NGO document
2021-06-23 00:00:00 | Forests and Finance

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

NGO document
2021-04-12 00:00:00 | Chain Reaction Research

Biodiversity policy

Date listed represents date as accessed on website
Bank policy
2021-02-25 00:00:00 | Mizuho Financial Group

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

NGO document
2021-02-25 00:00:00 | 263 CSOs

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

BankTrack publication
2020-11-24 00:00:00 | BankTrack

Letter to banks and investors on Indofood labor exploitation

NGO document
2020-11-19 00:00:00 | Rainforest Action Network

Bankrolling Extinction: The top 10 banks financing biodiversity loss

NGO document
2020-10-28 00:00:00 | porfolio.earth

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

Joint civil society statement
BankTrack publication
2020-10-20 00:00:00 | BankTrack, Rainforest Action Network, and others

Fracking Fiasco: The banks that fueled the U.S. shale bust

NGO document
2020-09-24 00:00:00 | Rainforest Action Network

Fool's Gold

The financial institutions risking our renewable energy future with coal
BankTrack publication
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

Environmental policy

Date listed represents date as accessed on website
Bank policy
2020-06-15 00:00:00 | Mizuho Financial Group

Guidance for Climate-related Financial Disclosure (TCFD) Report 2020

Other bank document
2020-06-10 00:00:00 | Mizuho Financial group

Environmental and social management policy for financing and investment activity

Bank policy
2020-06-03 00:00:00 | Mizuho Financial Group

Updated policy - Responsible investment and financing

(document in Japanese)
Bank policy
2020-06-01 00:00:00 | Mizuho Financial Group

Annual integrated report 2020

Annual report
2020-03-30 00:00:00 | Mizuho Financial Group

Code of Conduct

Date listed represents date as accessed on website
Bank policy
2020-03-30 00:00:00 | Mizuho Financial Group

Banking on Climate Change - Fossil Fuel Finance Report 2020

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

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

Correspondence
2019-12-10 00:00:00 | BankTrack

Civil Society Statement on the new Principles for Responsible Banking

BankTrack publication
2019-09-22 00:00:00 | BankTrack and others

Modern Slavery Statement

Bank policy
2019-09-16 00:00:00 | Mizuho Financial Group

Revisioned policy for coal-fired power generation

(in Japanese)
Bank policy
2019-05-22 00:00:00 | Mizuho Financial Group

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal

Annual integrated report 2018

Annual report
2019-03-29 00:00:00 | Mizuho Financial Group

Bank Policy Matrix

NGO document
2018-12-10 00:00:00 | Forests & Finance Coalition

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

Correspondence
2018-10-16 00:00:00 | BankTrack and 120 organisations

Human rights policy

Date listed represents date as accessed on website
Bank policy
2018-06-01 00:00:00 | Mizuho

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

Correspondence
2018-05-18 00:00:00 | FoE Japan and 170 NGOs

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

NGO document
2018-02-28 00:00:00 | Business & Human Rights Resource Centre

Letter from Mizuho to Business and Human Rights Resource Centre, BankTrack on How banks contribute to human rights violations

Correspondence
2018-01-15 00:00:00 | Mizuho

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

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

The human cost of conflict palm oil - revisited

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

Banks: High Carbon, Hidden Risks

NGO document
2017-09-25 00:00:00 | Rainforest Action Network

Anti-Money Laundering Policy

Bank policy
2017-08-29 00:00:00 | Mizuho Financial Group

Independent review 2016 ESG Performance Report of Mizuho Financial Group

NGO document
2017-06-20 00:00:00 | Rainforest Action Network

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

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

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

Correspondence
2017-06-06 00:00:00 | Rainforest Action Network et al

Integrated report 2017

Annual report
2017-04-30 00:00:00 | Mizuho Financial Group

The Cirebon 2 coal power plant and the Equator Principles

BankTrack publication
2017-04-03 00:00:00 | BankTrack and Greenpeace

Sime Darby urged to resolve long-standing land rights conflict before stock exchange listing of its plantation division

NGO document
2017-01-31 00:00:00 | RAN, TuK & Profundo

Dirty Bankers

How HSBC is financing forest destruction for palm oil
NGO document
2017-01-17 00:00:00 | Greenpeace

Letter from Mizuho Bank to BankTrack on Dakota Access Pipeline

Correspondence
2016-12-05 00:00:00 | Mizuho Bank

Letter from 500 organisations to Mizuho Bank on financing DAPL

Correspondence
2016-11-30 00:00:00 | 500 organisations

Protecting the Leuser Ecosystem

A Shared Responsibility
NGO document
2016-11-07 00:00:00 | Rainforest Action Network

2016 Integrated Report

Annual Review
Annual report
2016-09-30 00:00:00 | Mizuho Financial Group

Green Paper, Red Lines

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

Human Rights Impact Briefing #2: Drummond and paramilitary violence in Colombia

BankTrack publication
2016-05-25 00:00:00 | BankTrack

Letter from Mizuho to BankTrack on Drummond Human Rights Impact Briefing

Correspondence
2016-04-08 00:00:00 | Mizuho

2015 Integrated Report

Includes CSR report
Annual report
2016-02-29 00:00:00 | Mizuho Financial Group

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

BankTrack publication
2016-02-16 00:00:00 | BankTrack

Environmental Initiatives policy

Bank policy
2016-02-15 00:00:00 | Mizuho Financial Group

The end of coal?

2015 Coal Finance Report Card
BankTrack publication
2015-05-04 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club

Tycoon-controlled oil palm groups in Indonesia - Executive Summary

NGO document
2015-02-16 00:00:00 | TuK, Profundo

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

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

Letter from EPN to Banks investing in April on APRIL

Correspondence
2014-12-10 00:00:00 | EPN

2014 Annual Review

Annual report
2014-07-01 00:00:00 | Mizuho Financial Group

Letter from BankTrack to signatory banks on Green Bond Principles

Correspondence
2014-04-09 00:00:00 | BankTrack

Environmental and Social Checklist - Mining

Bank policy
2013-08-05 00:00:00 | Mizuho Bank

Environmental and Social Checklist - Offshore Oil and Gas Development

Bank policy
2013-08-05 00:00:00 | Mizuho Bank

Environmental and Social Checklist - Thermal Power

Bank policy
2013-07-31 00:00:00 | Mizuho Bank

2013 Annual Review

Annual report
2013-07-13 00:00:00 | Mizuho Financial Group

2013 Annual Review

Annual report
2013-07-13 00:00:00 | Mizuho Financial Group

2012 Annual Review

April 2011 - March 2012
Annual report
2012-09-13 00:00:00 | Mizuho Financial Group

2012 Annual Review

April 2011 - March 2012
Annual report
2012-09-13 00:00:00 | Mizuho Financial Group

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Mizuho Cluster Munitions Investments

Other document
2011-07-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi

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

Correspondence
2010-12-18 00:00:00 | Banktrack

Close the Gap

Benchmarking investment policies of international banks
BankTrack publication
2010-04-27 00:00:00 | BankTrack

Mizuho cluster munitions investments

Other document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi

Mizuho cluster munitions financing

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

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

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

The dark side of US LNG

The Dark Side of US LNG is the result of a field mission to the United States to uncover the strong and growing ties between Italy, and in particular Italy's largest banking group, Intesa Sanpaolo, and the American liquefied natural gas (LNG) sector. Interviews by ReCommon. Filming, editing and music: Carlo Dojmi di Delupis. www.recommon.org

2023-06-30 09:42:20
Accountability
Grievances
Response tracking

Mizuho is a member of the Japan Center for Engagement and Remedy on Business and Human Rights (JaCER), which operates a grievance mechanism based on the UN Guiding Principles on Business and Human Rights, the “Engagement and Remedy Platform”. Individuals and communities affected by the bank’s finance can report human rights grievances here. Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance).

Mizuho is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Mizuho Financial Group's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Banks and Dirty Diesel: Vitol and Trafigura (May 2017)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded stating that it "cannot refer to individual transactions".
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, May 2017
Drummond and paramilitary violence in Colombia (May 2016)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded stating that "As per our policies, we cannot refer to any specific transation".
Action
0
Out of 1
Rationale for score
The bank provided no detail on whether it engaged with its client or took approriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, May 2016
East African Crude Oil Pipeline (March 2021)
1
0.5
0.5
0
Dodgy Deal profile
Response
0.5
Out of 1
Rationale for score
The bank publicly responded stating that it would not finance the project "unless the on-going E&S isues will be resolved and amicable solutions will be prepared". It did not comment on or respond to the substance of the issues raised.
Action
0.5
Out of 1
Rationale for score
The bank publicly stated that it would not finance the project unless "on-going E&S issues" were resolved, which consitutes appropriate action according to rights-holders involved in raising the issue with the bank. However, the bank remains exposed to TotalEnergies, the project developer, and it has not (yet) set out specific actions that it requires (or will require) the company to take to address the impacts raised.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored measures taken by its client to address the impacts associated with the project.
IOI Corporation labour standards violations (February 2016)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded stating that "As per our policies, we cannot refer to any specific transation".
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, February 2016
Myanmar: Equity exposure to companies linked to the military regime (October 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded citing client confidentiality and by saying it will refrain from commenting on whether the information in the report is accurate, therefore avoiding to speak to the substance of the issues raised and not acknowledging a link to the impacts.
Action
0
Out of 1
Rationale for score
The bank does not engage with the allegations and do not mention appropriate measures of action. It only reiterates its engagment with UN Guiding Principles but do not respond to any of the allegations.
Monitoring
0
Out of 1
Rationale for score
No information available about whether the bank monitored progress.
More info
Myanmar: Report alleges banks hold shares in companies affiliated with military junta & its conglomerates, July 28, 2021
Rio Tinto's Jadar mine, Serbia (December 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank's response neither acknowledges its link to the impact, nor addresses the issues raised. The bank states "we are unable to refer to individual transactions".
Action
0
Out of 1
Rationale for score
The bank does not describe any engagement with its client or approptriate action
Monitoring
0
Out of 1
Rationale for score
No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.
More info
Letter to financiers of Rio Tinto, December 2021
Santos' Barossa gas project, Australia (July 2023)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not acknowledge a link to the company or the adverse human rights impacts raised.
Action
0
Out of 1
Rationale for score
The bank did not state that it has engaged its client on the issues raised.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
Equity Generation Lawyers, Bank Responses to Human Rights Grievances report, July 2023
UN human rights complaint regarding Saudi Aramco and its financiers (July 2023)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded publicly but it did not acknowledge a link to the impacts raised or to the company in question.
Action
0
Out of 1
Rationale for score
The bank did not provide information on whether it has engaged with its client or took appropriate action on the impacts raised. In its response, the bank outlined its approach to climate change and human rights more broadly.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
, ClientEarth, UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations, June 2023
ArcelorMittal steel impacts (June 2024)
0
0
0
n/a
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publically responded and confirms information has been shared with relevant departments, but cites that they "cannot make responses on past, existing, and possible future transactions with individual case due to the confidential obligation."
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
n/a
Rationale for score
The impact was not raised over a year ago and therefore is not scored on monitoring progress.
More info
See the summary of bank responses here. See this bank's response here.
Average
100%
0.11
0.06
0.06
0
Banks and Climate

Banks and Climate

The 2024 Banking on Climate Chaos report showed that Mizuho Financial provided US$ 272.477 Billion in financing to the fossil fuel industry between 2016 and 2023. In 2023 only, Mizuho Financial provided US$ 18.81 Billion for oil, gas and coal companies expanding fossil fuels. Find further details on Mizuho Financial fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

Fossil fuel finance data Mizuho

Banking on Climate Chaos fossil fuel finance data

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Mizuho's fossil fuel policy below.

Assessment of Mizuho coal policy in the Coal Policy Tool

Assessment of Mizuho oil and gas policy in the Oil and Gas Policy Tracker
Banks and Human Rights

Banks and Human Rights

BankTrack assessed Mizuho Financial Group in its 2024 Global Human Rights Benchmark, where it achieved 11 points out of 15 and was ranked as a “leader”.

The bank scored 0.5 out of 3 points on the new “specific rights indicators”, which assess how banks address human rights defenders, Indigenous Peoples’ right to Free, Prior and Informed Consent and environmental rights in their policies and practices. 

In addition, Mizuho Financial Group scored 0.11 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations. More information is detailed in the “Accountability” section of this profile.

The BankTrack Human Rights Benchmark

The table below shows BankTrack's assessment of how Mizuho Financial Group has implemented the UN Guiding Principles on Business and Human Rights. Please click on 'expand all details' and 'explanation' for further information on the methodology.

Our policy assessments are always a work in progress. We very much welcome any feedback, especially from banks included in the assessments. Please get in touch at humanrights@banktrack.org.

Global Human Rights Benchmark 2022

BankLast update
Country
Score
Ranking
Details
Mizuho Financial Group
JPN
9
Front runner 9
Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.

Global Human Rights Benchmark 2024

BankLast update
Country
Score
Ranking
Details
Mizuho Financial Group
JPN
11
Leader 11
Explanation
Laggard
Follower
Moderate achiever
Leader
0 - 3 points
3.5 - 7 points
7.5 - 10.5 points
11 - 15 points
For more details see this page.
Banks and Nature

Banks and Nature

Mizuho’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 6.9 out of 10 and ranking it as a front runner. Mizuho achieved a score of 4.3 out of 10 specifically for its policies related to the beef sector and 7.5 out of 10 for its policies related to the palm oil sector.  In addition, BankTrack and the Environmental Paper Network have assessed Mizuho’s policies related to the pulp and paper sector.

Between 2016 and 2022, Mizuho provided USD 9,221 million in credit to companies operating in these forest-risk sectors and held investments amounting to USD 78 million as of 2022. For more information, see the links below.

Forests & Finance

Banks and beef

Banks and palm oil

Banks and pulp & paper

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
Mizuho
2022-09-27
JPN
6.9
Front runner 6.9
Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
Mizuho
2022-09-29
JPN
4.3
Front runner 4.3
Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
Mizuho
2022-09-29
JPN
7.5
Leader 7.5
Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Tracking the NZBA

Tracking the Net Zero Banking Alliance

Mizuho is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

 

Tracking NZBA banks commitments
Banks and Russia

Banks and Russian Aggression in Ukraine

BankTrack is keeping track of the public response of Mizuho Financial Group to Russia's illegal invasion of Ukraine. Mizuho Financial Group did not publicly condemn the war. Mizuho Financial Group is considered by Leave-Russia.org to be "continue operations"  in Russia. We consider its exposure to Russia as limited, with over $2.87 billion of financial assets. Mizuho Financial Group supports the Russian fossil fuel industry through investments, loans and underwriting. For further details, see the table linked below.

Bank responses to Russia's invasion of Ukraine
Banks and Steel

Banks and Steel

As part of the Net Zero Banking Alliance (NZBA), Mizuho is required to set interim targets for 2030 for high emission priority sectors. For Mizuho, this includes its lending to the steel sector. You can see Mizuho’s iron and steel decarbonisation targets, and its progress towards meeting them in our NZBA steel targets compliance tracker:

NZBA Iron & Steel Targets

Partner organisation Reclaim Finance’s 2023 report on metallurgical coal financing showed that Mizuho Financial provided US$ 13.7 billion in loans and underwriting to developers of new metallurgical coal between 2016 and 2022. Find further details on Mizuho Financial’s metallurgical coal financing and and how it compares to other large banks globally in the report.

Reclaim Finance tracks the metallurgical coal policies of financial institutions, including banks, in their Coal Policy Tool. BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Mizuho Financial’s metallurgical coal policy below.

According to a report by Reclaim Finance, between 2016 and June 2023, Mizuho Financial Group provided $9.8 billion in finance to the fossil-steel industry, making it the 8th largest financier worldwide. Find further details on Mizuho Financial's steel financing and how it compares to other large banks globally in the report. 

Metallurgical Coal Financing: Time to call it off 2023

Coal policy tool

Steeling our future: The banks propping up coal-based steel