Mizuho Financial Group response re- new Resource Centre report on migrant worker abuse on renewables projects in Saudi Arabia
…Due to confidentiality obligations, we cannot respond to questions regarding individual transactions.
Mizuho applies the “Equator Principles” when participating in projects that involve large-scale development or construction. In addition, Mizuho has established and is implementing the “Environmental and Social Management Policy for Financial Activities” for investment and financing in companies and projects that are expected to have a negative impact on the environment and society. Furthermore, Mizuho has put in place a framework to promote initiatives for respecting human rights in line with the UNGPs. Specifically, under the policy, Mizuho has established a human rights due diligence (HRDD) process and grievance mechanism, implements the identification and assessment of salient human rights issues, prevents and mitigates adverse impacts, implements monitoring of the response status, and ensures transparency through public disclosure.
For details, please refer to the following.
- Equator Principles
https://www.mizuhogroup.com/sustainability/business-activities/investment/equator
- Environmental and Social Management Policy for Financial Activities https://www.mizuhogroup.com/binaries/content/assets/pdf/mizuhoglobal/sustainability/businessactivities/investment/environment.pdf
- Human Rights Report 2025 https://www.mizuhogroup.com/binaries/content/assets/pdf/mizuhoglobal/sustainability/humanrights/solution/human_rights_report_2025.pdf