Corporate Social Responsibility
As one of Japan's leading financial services groups, the SMFG group is taking the lead in aggressively addressing the four priority issues we have identified as significantly impacting the nation.
The March 11 earthquake and tsunami (The Great East Japan Earthquake) undermined power generation capacity and severed manufacturing supply chains across the nation. This was in addition to the severe damage sustained by agriculture and fisheries in the Northeast.
The disaster also threw into relief many social issues facing the nation. By leveraging our role as a leading financial services group, we are committing our full range of resources to dealing with the enormous task of regional reconstruction after the earthquake, in partnership with stakeholders including enterprises, local governments and non-profit organizations.
The SMFG group has positioned environmental businesses as an area where it can most effectively leverage its role as a leading financial services group. This is a priority field for the future.
Measures are being stepped up on a range of fronts - not only involving a low-carbon society, but also dealing with issues such as water supply, soil contamination, energy and biodiversity. We aim to contribute to sustainable development by supporting the worldwide adoption of Japan's much-admired technological breakthroughs, with a particular focus on the Asian region.
Currently, the proportion of people aged 65 or over in Japan has reached 23.4%*. SMFG will help create frameworks enabling the elderly to enjoy a vibrant lifestyle with peace of mind, through support for life-cycle planning and other measures. The SMFG group aims to create systems and a corporate culture that foster a sound balance between work and care needs, given that many group employees will later need to nurse ailing relatives.
*Estimates by the Statistics Bureau, Ministry of Internal Affairs and Communications (October 1, 2011)
In anticipation of further global expansion, the SMFG group is aggressively internationalizing its operations both in Japan and overseas. Initiatives include aggressive development of advisory services for infrastructure upgrades in emerging economies, a cross-departmental endeavor, as well as contributions to the international community and the environmental business, chiefly through branches and representative offices overseas.
We will continue to discuss and review various approaches to issues facing the international community so as to build up trust internationally as a global player.