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CSR Management

Issuance of the Resona Group’s CSR Policy

The Resona Group defines “CSR Management” as “contributing to the creation of a sustainable society.” To further strengthen the development of its CSR activities, the Group has issued its “Group CSR Policy in August 2011 based on ISO26000.” In addition, the Group sets objectives for its CSR activities each year and is working to strengthen its CSR promotion systems with the aim of creating an organization that can respond to a wide range of social issues as quickly as possible.
The Group cherishes “relationships with customers,” “relationships with shareholders,” “ties with society,” and “employees’ dignity and personality.” To win the support of all its stakeholders, the Resona Group makes use of its management resources to conduct various CSR-related activities.

Relationship among Corporate Mission, Corporate Promises and CSR Policy

Group CSR Promotion System

The Resona Group has established the Group SDGs Committee with President of the Resona Holdings as its chairman and is currently holding regular committee meetings. This is aimed to tackle some of the social issues included in the SDGs, fulfill the Group's social responsibility throughout its core businesses, and also take initiative in philanthropic activities using the Group's unique capabilities.

CSR Promotion System

Participation in Global Initiatives

PRI
Since 2008, Resona Holdings has been a signatory to the UN Global Compact, and Resona Bank has participated in the Principls for Responsible Investment initiative. Also in April 2014, Resona Bank has expressed its adoption of the Japanese Stewardship Code in asset management of trust assets and others.

UN Global Compact

Human Rights
  1. 1.Businesses should support and respect the protection of internationally proclaimed human rights; and
  2. 2.make sure that they are not complicit in human rights abuses.
Labor
  1. 3.Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  2. 4.the elimination of all forms of forced and compulsory labor;
  3. 5.the effective abolition of child labor; and
  4. 6.the elimination of discrimination in respect of employment and occupation.
Environment
  1. 7.Businesses should support a precautionary approach to environmental challenges;
  2. 8.undertake initiatives to promote greater environmental responsibility; and
  3. 9.encourage the development and diffusion of environmentally friendly technologies.
Anti-corruption
  1. 10.Businesses should work against corruption in all its forms, including extortion and bribery.

PRI

  1. 1.We will incorporate ESG issues into investment analysis and decision-making processes.
  2. 2.We will be active owners and incorporate ESG issues into our ownership policies and practices.
  3. 3.We will seek appropriate disclosure on ESG issues by the entities in which we invest.
  4. 4.We will promote acceptance and implementation of the Principles within the investment industry.
  5. 5.We will work together to enhance our effectiveness in implementing the Principles.
  6. 6.We will each report on our activities and progress towards implementing the Principles.