【NEWS RELEASE】
July 29, 2021
S um i t om o Mi t sui Fi nan ci al Gr ou p
Sumitomo Mitsui Banking Corporation
SMBC Nikko Securities Inc.
Contributing to promote sustainable business in the United Arab Emirates
Sumitomo Mitsui Banking Corporation (President and CEO: Makoto Takashima, hereinafter referred to as“SMBC”) became the first Japanese financial institution to sign the Dubai Declaration on sustainable finance(*1) in order to contribute to the promotion of sustainable business in the United Arab Emirates (UAE). Ledby the Ministry of Climate Change and Environment of the UAE and the Central Bank of the UAE, theDeclaration aims to promote the financing necessary for sustainable development in the UAE and tocoordinate the environmental measures taken by financial institutions in their operations.
The UAE has positioned mitigating climate change as part of its national strategy and is actively working
towards promoting sustainable infrastructure. Sumitomo Mitsui Financial Group, Inc. (President and Group
CEO: Jun Ohta, hereinafter, the group is collectively referred to as “SMBC Group”), with SMBC DIFC
Branch - Dubai and Abu Dhabi Representative Office, and ADGM Branch of SMBC Nikko Capital Markets
Limited, the UK subsidiary of SMBC and SMBC Nikko Securities Inc. (President and CEO: Yuichiro
Kondo), is committed to providing world-class financial solutions to meet the wide range of financial needsof its customers in the region, and recognizes its social role as a financial institution to contribute tosustainable finance initiatives in the region.
On June 23, 2021, SMBC Nikko Capital Markets Limited became the first Japanese financial institution tosign the Abu Dhabi Sustainable Finance Declaration (*2). Under the leadership of the Abu Dhabi GlobalMarket (ADGM), an international financial center established in Abu Dhabi, the declaration aims to achieve
the United Nations Sustainable Development Goals (SDGs) for 2030 through collaboration between thegovernment and the private sector.
Based on its own Statement on Sustainability, SMBC Group is working globally to achieve sustainability byengaging in dialogue with customers and other stakeholders and acting together with them. We have along-term sustainability plan, "SMBC Group GREEN×GLOBE 2030," which aims to strengthen our climatechange countermeasures and sustainable finance business, to accelerate our efforts to address global
environmental and social issues, and to respond to the sustainable financing needs of our customers.

In line with the recently signed declarations, SMBC Group will contribute to the development of sustainableinfrastructure in the region in cooperation with the government, local companies, financial institutions andother local stakeholders.
(*1) Dubai Declaration on sustainable financeA declaration released by financial institutions in the UAE under the leadership of the UAE Ministry of
Climate Change and Environment and the UAE Central Bank at the United Nations Environment Programand Finance Initiative (UNEP FI) Global Roundtable in Dubai in October 2016.
(*2) Abu Dhabi Sustainable Finance Declaration
A declaration issued in January 2019 to promote environmentally sustainable investment in Abu Dhabi, UAE,
led by the ADGM and confirming that the government, regulators and private sector will work together toachieve the goals of the SDGs.

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