Mizuho Financial Group response to alleged human rights violations at TotalEnergies’ Mozambique LNG project
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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 Financing and Investment Activity” for investment and financing in companies and projects that are expected to have a negative impact on the environment and society. Especially, Mizuho has set a policy for human rights abu se s in conflict areas, so when financing or investing in businesses in conflict areas, Mizuho cautiously consider s the possibility of adverse impacts on human rights.
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, implement s the identification and assessment of salient human rights issues, prevent s and mitig ate s adverse impacts, implement s monitoring of the response status, and ensure s transparency through public disclosure.
For details, please refer to the following.
- Equator Principles
https://www.mizuhogroup.com/sustainability/businessactivities/investment/equator
- Environmental and Social Management Policy for Financing and Investment Activity
- Human Rights Report 2024
