Red LineText of policiesCommentsScore
Regulatory requirements
Ensure LegalityEnvironmental Policy Page
Mizuho will comply with environmental laws and regulations.
Under the "Sustainable Development Guidelines" (SDGs) of the United Nations and the Paris Agreement, which provides a new framework for addressing climate change, "common global objectives" have been set aimed at attaining sustainable development of society. Along with this, companies are expected to play a role in solving these environmental and social issues, including climate change issues.

Overview of our policies regarding responsible investment and financing (2018):
"Examples of prohibited transactions (...) Extending credit to organizations, individuals, or other entities whose business operations violate laws or regulations, or who engage in illegal activity or activity which seeks to circumvent the law" (p2)

Code of conduct
3. Strict Compliance with Laws, Regulations and Internal Rules
We are committed to strict observance of all laws and regulations and pursuing our business in a fair and honest manner that does not conflict with the norms accepted by society. As a global financial services group, we also strive to respect the laws, customs and cultures of the foreign countries in which we operate.
The policy requires compliance with national laws, but does not espeicfically require companies to comply with internationl conventiones, though these are expected to be applied when the EP are applied.partly
No Corruption and Tax EvasionCode of conduct
3. Strict Compliance with Laws, Regulations and Internal Rules
We are committed to strict observance of all laws and regulations and pursuing our business in a fair and honest manner that does not conflict with the norms accepted by society. As a global financial services group, we also strive to respect the laws, customs and cultures of the foreign countries in which we operate.
The bank has a crime prevention page which does not specifically address corruption or tax avoidance/evasion. Its commitment to comply with laws does not detail what it requires from its clients. No publicly available policies or documentation were found that cover this criteria.not
Ensure ESIA for mills and plantationsNo publicly available policies or documentation were found that cover this criteria.not
Social requirements
Ensure FPICPolicy update april 2020:
Clients involved in forestry, palm oil and pulp & paper sectors will be asked to (...) respect the Free Prior and Informed Consent (FPIC) of local communities.
The policy requires FPIC from local communitieswell
Respect Human RightsPolicy update april 2020
All financing will be subject to prohibitions on child labor and forced labor ; Clients involved in forestry, palm oil and pulp & paper sectors will be asked to adopt best practice NDPE policies

Human Rights Policy:
In addition to ensuring compliance with applicable laws wherever we operate, Mizuho's approach to human rights is based upon the International Bill of Human Rights, the ILO's Declaration on Fundamental Principles and Rights at Work and the UN Guiding Principles on Business and Human Rights.
Mizuho expects its business partners to share our conviction to uphold the corporate responsibility to respect human rights.

* Overview of our policies regarding responsible investment and financing (2018):
"companies need to (...) ensure that their actions are not only aligned with international standards but also transparent and ethical (p1).;

* Palm oil and lumber
While we recognize that palm oil, wood, and other forest products are essential commodities for maintaining our lifestyles and infrastructure, we are also aware of the potential human rights abuses within the production process such as the violation of indigenous people’s rights or the use of child labor, in addition to environmental issues such as deforestation (including forest burning) and damage to biodiversity. In order to avoid becoming involved in such projects (...) our business decisions involve a thorough examination (...) and we take into consideration whether the client/project has (...) been certified for responsible forest management" p3
The policy has an NDPE requirement, excludes any child or forced labour and requires compliance with national laws and international conventionswell
Respect Indigenous rights and customary land use rightsPolicy update april 2020
Clients involved in forestry, palm oil and pulp & paper sectors will be asked to (...) respect the Free Prior and Informed Consent (FPIC) of local communities; All financing will include an assessment of the client’s risk mitigation or avoidance for activities that result in negative impacts on Indigenous Peoples or land expropriation leading to involuntary resettlement.
The policy requires FPIC from local communities, which includes respect for their land rightswell
No forced resettlementPolicy update april 2020
All financing will include an assessment of the client’s risk mitigation or avoidance for activities that result in (...) land expropriation leading to involuntary resettlement.; Clients involved in forestry, palm oil and pulp & paper sectors will be asked to (...) respect the Free Prior and Informed Consent (FPIC) of local communities;
The policy requires an assessment of the client’s risk mitigation or avoidance for activities that result in involuntary resettlement, but does not prohibit it. On the other hand, the policy's FPIC requirements would make any voluntary resetlement impossible, for activities in the forestry, pulp and paper and palm oil sector.well
Environmental Requirements
No forest degradation and deforestationPolicy update april 2020
Clients involved in forestry, palm oil and pulp & paper sectors will be asked to adopt best practice NDPE policies ; All financing will be subject to prohibitions on(...) negative impacts on Ramsar or UNESCO World Heritage site; and violations of CITES.
NDPE policywell
Protect endangered speciesNo publicly available policies or documentation were found that cover this criteria.not
No high-risk speciesNo publicly available policies or documentation were found that cover this criteria.not
No fireNo publicly available policies or documentation were found that cover this criteria.not
Protect peatPolicy update april 2020
Clients involved in forestry, palm oil and pulp & paper sectors will be asked to adopt best practice NDPE policies
NDPE policywell
No persistent pollutionNo publicly available policies or documentation were found that cover this criteria.not
Corporate association / scope of the policy
Corporate association / scope of the policyNo publicly available policies or documentation were found that cover this criteria.not