Mizuho

Mizuho Bank, Mizuho Trust & Banking, Mizuho Securities
Japan
Banks, Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Mizuho Group, ended all financial ties to coal power projects and rating managers based on DEI performance. The company funds organizations that advocate for abortion access and ESG policies. Mizuho Group requires unconscious bias training for employees and supports and funds LGBTQ Pride. The company discriminates against religious organizations in its charitable giving. Mizuho Group has a Chief People Officer. Mizuho Securities former CEO, Jerry Rizzieri, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company is a charitable partner of Girls Inc., which advocates for abortion access. Mizuho Group has been a sponsor of the Tokyo Rainbow Pride festival since 2017. The company donates to the Worldwide Fund for Nature, which engages in ESG advocacy and climate change activism. Mizuho Group is a corporate partner of the National LGBT Chamber of Commerce. For these reasons, Mizuho Bank receives a High Risk rating.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
6/23/23EnvironmentalIssuing and Disclosing a Transition Plan to Align Lending and Investment Portfolios with the Paris Agreement's 1.5 Degree Goal Requiring Net Zero Emissions by 2050)Against19.85%
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