CSR Implementation System
CSR Implementation System |
| Amid growing demand for CSR, the Resona Group has established "the Group CSR Committee" in order to further strengthen and improve CSR activities, which is one of our important business challenges. "The Group CSR Committee" chaired by the chairman of Resona Holdings consists of the president and vice-presidents of Resona Holdings as well as the presidents of all other Resona Group banks. We conduct CSR activities utilizing a variety of the Groupfs management resources through this committee. |
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Supporting International Principles for Corporate Action and Investment |
 In 2008, the Resona Group participated in the Global Compact and Principles for Responsible Investment (PRI) proposed by United Nations. Supporting those principles, we will proactively promote CSR activities based on demand from the international society. |
| Signature of United Nations Global Compact |
| In January 2008, Resona Holdings, Inc. participated in the Global Compact, which are voluntary action principles for companies and organizations advocated by a former secretary general of the United Nation, Kofi Annan. They require each company to accept,support and comply with core 10 principles in each field of "human rights, labor standards, environment, and anti-corruption"within the scope which their influences reach. Resona Group will fulfill our social responsibilities as a good global citizen through supporting and practicing these 10 principles. |
| Human Rights |
- Businesses should support and respect the protection of internationally proclaimed human rights; and
- make sure that they are not complicit in human rights abuses.
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| Labour |
- Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
- the elimination of all forms of forced and compulsory labour;
- the effective abolition of child labour; and
- the elimination of discrimination in respect of employment and occupation.
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| Environment |
- Businesses are asked to support a precautionary approach to environmental challenges;
- under take initiatives to promote greater environmental responsibility; and
- encourage the development and diffusion of environmentally friendly technologies.
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| Anti-Corruption |
- Businesses should work against corruption in all its forms, including extortion and bribery.
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| Signature of United Nations Principles for Responsible Investment |
| Resona Bank (former Resona Trust and Banking Co., Ltd.) signed the United Nations Principles for Responsible Investment in March 2008. The United Nations Principles for Responsible Investment are voluntary investment principles established through the United Nations Environment Programme's Finance Initiative (UNEP FI) and the United Nations Global Compact. The principles are for institutional investors, and suggest performance of investment activities that take into consideration ESG (environmental, social, and governmental issues) within a scope that does not violate fiduciary responsibility.As an institutional investor, Resona Bank has implemented investment activities that take into consideration ESG problems,contributing to the realization of a sustainable society. |
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| The Principles for Responsible Investment |
- We will incorporate ESG issues into investment analysis and decision-making processes.
- We will be active owners and incorporate ESG issues into our ownership policies and practices.
- We will seek appropriate disclosure on ESG issues by the entities in which we invest.
- We will promote acceptance and implementation of the Principles within the investment industry.
- We will work together to enhance our ef fectiveness in implementing the Principles.
- We will each report on our activities and progress towards implementing the Principles.
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