Sustainability

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Dialogue with Stakeholders

Dialogue with Stakeholders 2015
Clarifying Matters and Issues That SMFG Should Address in Order to Get to “Where We Want to be Ten Years from Now”

Clarifying Matters and Issues That SMFG Should Address in Order to Get to “Where We Want to be Ten Years from Now”

To get to “where we want to be ten years from now” in terms of the priority issues of “environment” “next generation” and “community” that were identified in fiscal 2013, we clarified the matters and issues that SMFG should address to drive a PDCA cycle for determining more concrete action.
In clarifying these matters and issues, we looked not only at the CSR issues that are considered important by Group companies, but also at those* that matter to our stakeholders. Furthermore, we held a dialog with a number of experts to check whether sufficient consideration and recognition has been given to the matters and issues that SMFG group should address and ensure that none have slipped through the net.
Moreover, to comply with the GRI G4 Guidelines, we created an association between the matters and issues to be addressed and the specified standard disclosure items, and held a discussion about boundaries.
*Regarding priority issues for stakeholders, we refer to the issues listed in the Sustainability Accounting Standards Board’s “Disclosure Topics for Financials Sector” and the issues for the financial sector summarized in the Nippon CSR Consortium held by Caux Round Table Japan.

*Participant’s name of company and titles are as of the time of the event.

Dialog with experts Dialog with experts

Dialog with experts

Experts Who Attended the Dialog

One Akiyama President Integrex Inc.

One Akiyama
President
Integrex Inc.

Kaori Kuroda Executive Director CSO Network Japan

Kaori Kuroda
Executive Director
CSO Network Japan

Selection of Opinions

  • I think SMFG should place even more emphasis on using its financial functions to provide solutions for social problems.
  • There is a call for the Group to expand its initiatives on human rights.
  • The target “Community” should take into account not only domestic and overseas, but also investees' perspectives.
  • Employees require education and awareness-raising in order to make an impact with their daily work operations, including on the individual human rights of investees and on the environment.
  • The risk perspective is important for the environment business and other overseas business development. SMFG group should provide more disclosure on initiatives such as the Equator Principles and the Global Compact.
  • SMFG group needs to consider coming up with business ideas that originate from social issues based on the concept of working “in collaboration” with NGOs and NPOs rather than merely “supporting” them.