Seven Bank supports the final recommendations regarding disclosure of climate-related financial information published by the TCFD, a body created by the Financial Stability Board, and publicly endorsed the recommendations in December 2021. We are taking steps and improving our disclosures following the TCFD framework.
Seven Bank’s Sustainability
Our sustainability commitment
Since its founding, the Seven Bank Group has been working to solve social and environmental issues through its business activities. In 2007, we formulated our CSR Policy and started our efforts for sustainability in earnest, aiming to achieve sustainable growth together with our diverse stakeholders. Now, positioning sustainability as the basis for our long-term growth, we are further strengthening our efforts to address our materiality and achieve the SDGs. Thus, we have now updated our five material issues (materiality).
Sustainability Overview
Basic Sustainability Promotion Policy
The Seven Bank Group defines sustainability as a combination of the following two elements.
Proactively work on solving environmental and social issues through business activities and create values for both environment/society and the company
Fulfill the social responsibilities we should voluntarily carry out as a business that is supported by customers and society and coexists with the environment and society
When promoting sustainability, we aim to contribute to the SDGs by implementing the following policies.。
- 1.Help create a more livable society through our business
- 2.Address social challenges through our business so that "no one is left behind"
- 3.Create inclusive workplaces where everyone can achieve their full potential
- 4.Be planetary stewards, paying full consideration to the environment
- 5.Help non-Japanese citizens of Japan be part of their communities through our business
- 6.Communicate regularly with the public and give back to society as a good corporate citizen
Toward realization of sustainable growth
Sustainability promotion structure
The Sustainability Committee formulates policies on sustainability and deliberates the appropriateness and validity of important matters. A system has been established to ensure that policies and important matters are referred to and reported to the Executive Committee and the Board of Directors, Executive Officers are responsible for sustainability promotion, and Directors supervise them.
As a member of the Seven & i Group, Seven Bank is also working with other group companies to promote sustainability activities leveraging our Group’s strengths.
Initiatives in FY2023
| Topics | Initiatives to drive actions |
|---|---|
| Response to climate change in linkage with Seven Bank Group companies | ● Launched ATM Partner Sustainability Conference for collaboration across the supply chain |
| Further promotion of human capital management | ● Implemented measures for recruitment/training and cultivation of organizational culture to achieve the Purpose ● Established the D&I Promotion Subcommittee as a subcommittee under the Sustainability Committee, and carried out activities involving all Group companies in Japan |
| Review of the five material issues and strengthening of communication within and outside the Company | ● Updated our materiality analysis to reflect changes in the environment and renewed the previously identified five material issues into new ones in July 2024 |
| Major CSR activities | |
|---|---|
| Promotion of environmental activities |
● Conducted in-house training about environment (e-learning) ● Nature conservation activities at Takaonomori Nature School ● Food drives and contact lens case recycling activities carried out by employees |
| Promotion of CSR activities |
● Supported the publication of the free picture book series “Mori no Senshi (Guardian of the Forest) Bonolon” ● Collected donations (Seven Bank Charity Campaign) and gave them to Nippon Broadcasting System’s “Radio Charity Musicthon” ● Contributed 100 yen for every Bonolon cash card issued to present Bonolon picture books to 2,692 children’s centers nationwide ● Contributed donations collected from customers closing their international money transfer accounts to the World Toy Project to present toys to 200 children’s centers nationwide ● Provided a financial education program for elementary schools |
Participation in external initiatives
Seven Bank endorses and participates in various initiatives to advance progress in creating a more sustainable world.
Task Force on Climate-related Financial Disclosures (TCFD）
TCFD Consortium
Seven Bank joined the Japan TCFD Consortium in December 2021. Composed of Japanese companies and financial institutions that endorse the TCFD recommendations, the TCFD Consortium is a forum for discussing effective corporate disclosure and measures for using such disclosures to enable better-informed investment decisions by financial institutions and investors.
Financial Behavior Principles for the Formation of a Sustainable Society (PFA21)
Seven Bank signed the Principles for Financial Action for the 21st Century (PFA21) in February 2016. These principles were formulated as action guidelines for Japanese financial institutions wishing to fulfill the responsibilities and roles required of them to create a sustainable society.
Learning environmental and social issues
Visit to an ATM recycling partner site
ATMs that are removed for replacement with the new fourth-generation ATMs and are collected and recycled by our business partners. Through what processes do our products become waste, and are recycled into resources? What kind of work is being done at recycling sites to realize a sustainable, circular society? With the cooperation of one of our business partners, members including primarily the management team spent half a day at a recycling site and pondered upon what we as individuals and a company could do to help realize a circular society.
- Seven Bank’s Sustainability
- Top Message
- Sustainability Management
- ESG
- Environment
- Social
- Corporate Governance
- Materiality
- Materiality top
- Social Contribution Activities
- For Future Generations
- Social Contribution Activities
- Other Corporate Information
- Investor Relations
- Company