Sumitomo Mitsui Financial Group Inc 2023 AR2
The report outlines SMBC Group's performance and strategic initiatives for the fiscal year ended March 31, 2023, emphasizing its transition to a business model that integrates social and economic value. Key highlights include the launch of the digital retail service 'Olive' in Japan and 'Jenius Bank' in the United States to drive digital growth. The group revised its materiality framework to focus on five priority areas: Environment, DE&I/Human Rights, Poverty & Inequality, Declining Birthrate & Aging Population, and Japan's Regrowth. Additionally, SMBC Group raised its sustainable finance target to 50 trillion yen by 2029 and committed to achieving net-zero operational emissions by 2030 and portfolio emissions by 2050.
Company: Sumitomo Mitsui Financial Group Inc
Sector: Financials
Country: Japan
Year: 2023
Type: AR2
Pages: 160
Sumitomo Mitsui Financial Group Inc
Annual Report
The report outlines SMBC Group's performance and strategic initiatives for the fiscal year ended March 31, 2023, emphasizing its transition to a business model that integrates social and economic value. Key highlights include the launch of the digital retail service 'Olive' in Japan and 'Jenius Bank' in the United States to drive digital growth. The group revised its materiality framework to focus on five priority areas: Environment, DE&I/Human Rights, Poverty & Inequality, Declining Birthrate & Aging Population, and Japan's Regrowth. Additionally, SMBC Group raised its sustainable finance target to 50 trillion yen by 2029 and committed to achieving net-zero operational emissions by 2030 and portfolio emissions by 2050.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2022
Published
Aug 1, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees