The Company recognizes climate change as a “top risk”, has committed to net zero by 2050, has set a “risk control policy for carbon-intensive sectors”, and claims to verify whether clients in these sectors have valid targets and appropriate transition strategies “in line with international standards”. However, the Company does not demonstrate how these various policies, frameworks and controls meaningfully influence the provision of services to highemitting clients. Furthermore, the policy does not impose a deadline for clients in high-emitting sectors to present credible transition plans that are aligned with the Paris Agreement's 1.5°C goal, nor does it impose conditions on funding to encourage clients' transitions. Instead, the company continues to providesignificant financial support to high-emitting clients that do not have credibletransition plans.
This not only undermines its own disclosed transition approach, it leaves the Company lagging behind overseas peers, and exposes shareholders to increasing transition risks, as well as physical risks from worsening climate change. The disclosures requested in this proposal are required to ensure the Company 50 adequately enacts its stated risk control measures, and aligns with its commitment to reduce finance portfolio emissions to net zero by 2050. These disclosures are in line with widely-held investor expectations, and will help maintain and enhance the Company’s long-term corporate value. (397 characters were stated in the Japanese original submitted by such shareholders.)