Human Rights Policy
Mizuho Financial Group
Created: April 2018
Revised: May 2022
1. Introduction
Role of Human Rights Policy
As a leading Japanese integrated financial services group operating at the global level, the entire Group contributes
to the sound development of economies and societies in Japan and abroad through continuous, stable growth
together with a wide range of clients.
In order to create value that will remain unchanged over time and supply an “abundant harvest” to our clients,
economies, and societies and thereby maintain an invaluable presence, we are required to conduct activities thatmeet the expectations of society.
We recognize that our business activities have the potential to impact human rights.
In the Mizuho Code of Conduct, we have stated our commitment to acting in a manner that respects internationallyrecognized human rights.
We are engaged in business that includes banking, trust banking, securities, and other financial services, and thisHuman Rights Policy specifically indicates how we will act to fulfill our responsibilities to respect human rights, inaccordance with the UN Guiding Principles on Business and Human Rights, throughout our business’s global value
chain.
Scope of Application of Human Rights Policy
The Human Rights Policy applies to all officers and employees of companies in Mizuho Financial Group.
We share our convictions with our business partners, including our clients and suppliers, and expect them to respecthuman rights in the same manner.
2. International Standards
In addition to complying with the applicable laws in the regions where we conduct business activities, we adopt an
approach to human rights based on the International Bill of Human Rights, the ILO Declaration on Fundamental
Principles and Rights at Work, and the UN Guiding Principles on Business and Human Rights.
If there is a discrepancy between the internationally recognized standards and the laws in a given region, we complywith the highest standard. In the event of a contradiction between the internationally recognized standards and thelaws in a given region, we will pursue an approach that complies with international human rights principles.
We are a signatory to the UN Global Compact, which has set forth the Ten Principles relating to human rights, labor,
environment, and anti-corruption, and we comply with the social responsibility guidance standard ISO 26000.
3. Governance
At Mizuho Financial Group, the Board of Directors regularly receives reports regarding initiatives promoting
respect of human rights following discussion at the executive level, including the Executive ManagementCommittee.

Establishment of and revisions to the Human Rights Policy are resolved by the Board of Directors following
deliberation by the Executive Management Committee.
4. Human Rights Due Diligence
In order to prevent or reduce any adverse impacts that our business activities may have on human rights, we continueto incorporate a human rights perspective into our existing processes, referring to resources such as the OECD Due
Diligence Guidance for Responsible Business Conduct. We also strive to implement appropriate human rights due
diligence by 1) identifying and assessing adverse impacts on human rights; 2) preventing or reducing adverse
impacts on human rights; 3) monitoring the implementation status and results of the activities in 1 and 2; and 4)
communicating with stakeholders.
Through human rights due diligence, we work to prevent or reduce the adverse impacts that our business activities
may have on human rights, but even with ideal policies and methods in place, it is possible that we will cause orcontribute to adverse impacts on human rights that were not foreseen or could not be prevented. In such cases, wewill strive to address the adverse impacts, referring to the following approach.
Based on the UN Guiding Principles on Business and Human Rights, we strive to cooperate in the remediation ofadverse impacts on human rights through legitimate processes, and where reasonable and appropriate, we exercise
our influence to encourage our clients, suppliers, and other partners to prevent or reduce adverse impacts.

Approach to Forced Labor, Child Labor, and Human Trafficking
We strive to enhance our human rights due diligence with the aim of eliminating forced labor, child labor, and humantrafficking from our business and value chain.
5. Employees
We act in a manner that respects the dignity and fundamental human rights of all our employees.
We make it a priority to fulfill our responsibility to provide all employees with a safe, comfortable workplace.
We follow principles such as those in the ILO Declaration on Fundamental Principles and Rights at Work, including
the prohibition of discrimination, the prohibition of child labor and forced labor, freedom of association, and theright to collective bargaining.

We offer equal work opportunities to all employees, promote diversity and inclusion, and provide various
opportunities for employees to learn and challenge themselves.
We do not tolerate discrimination or harassment for any reason whatsoever, including on the grounds of gender,
nationality, birthplace, race, age, ethnicity, religion, political beliefs, labor union membership, disability, sexualorientation, gender identity, social status, pregnancy, marital status, or health condition.
Believing that it is essential for all employees to be in good mental and physical health, we strive to maintain andenhance their health. We also support employees in having a more fulfilling life through their work.
We value dialogue with employees and have established contact points for consultation that employees may use inorder to develop a better work environment.
When responding to issues or complaints that employees have, we continue to spare no effort to adopt an approachthat protects their human rights while maintaining impartiality.
We have established a Committee for the Promotion of Human Rights Education and pursue capacity building toenhance each employee’s awareness with regard to respecting the human rights of oneself and others.
6. Clients
As a company that provides financial services, we recognize the possibility that our business, regardless of the field,
could contribute or be connected to adverse impacts on human rights.
We strive to perform due diligence through exercising of our influence as required to prevent or reduce any adverse
impacts that our business activities may have on human rights.
Information Management
We recognize that managing information for the purpose of appropriate protection and use of information assets isa key management issue. In addition to clarifying various security management measures and management methods
with respect to information assets, including information about our clients, we conduct training and awarenessactivities for officers and employees and strive to protect and respect clients’ privacy by strengthening ourinformation management practices.
Prevention of Money Laundering, Etc.
Recognizing the risk that our products and services could be used for activities such as money-laundering orterrorism financing, which could lead to adverse impacts on human rights, we strive to prevent Mizuho and ourclients, employees, officers, etc. from contributing to or being involved in activities such as money-laundering,
thereby helping to maintain and develop a healthy financial system.
Ensuring the Health and Safety of Clients Who Use Financial Services
We have established a Basic Policy on Management of Finance Facilitation and are always aware of the importanceof financial institutions’ social responsibilities and public service mission. We therefore pursue finance facilitation
based on our belief that engaging in appropriate, proactive risk-taking governed by appropriate risk management
practices and actively performing financial brokerage functions will contribute to the healthy development of ourclients and the economy and enrich the lives of individuals.
We also actively pursue financial and economic education with a view to improving financial literacy and preventing
damages due to excessive debt or financial crimes.

Responsible Financing and Investment
In order to avoid and reduce negative environmental and social impacts due to our investment and financing
activities, we have established an Environmental and Social Management Policy for Financing and Investment
Activity. This policy identifies human rights issues with a high risk of client involvement and sectors with a highrisk of adverse impacts on human rights and stipulates policies for activities aimed at preventing or reducing theseadverse impacts.
When conducting investment and financing activities, we make decisions about transactions after implementing
measures based on the characteristics of the business, such as verifying the status of clients’ measures to reduce or
avoid risks that should be recognized. We also regularly verify the status of initiatives for addressing environmental
and social risks through engagement (constructive dialogue) with clients in certain sectors.
With respect to financing of large-scale development projects, Mizuho Bank has adopted and complies with theEquator Principles for the purpose of identifying, evaluating, and managing environmental and social risks causedby the project in collaboration with clients. The Equator Principles require clients undertaking these projects to takeactions such as addressing the protection of indigenous peoples’ rights and occupational health and safety andengaging with stakeholders such as workers and local communities who may be impacted by the project. Mizuho
Bank performs appropriate environmental and social due diligence for financing of projects covered by the Equator
Principles, in accordance with its in-house Equator Principles Implementation Manual.
In order to appropriately fulfill our stewardship responsibilities as a responsible institutional investor in our asset
management business, Mizuho Trust & Banking and Asset Management One have accepted the Principles for
Responsible Institutional Investors ≪ Japan’s Stewardship Code≫ , as well as signed the UN Principles for
Responsible Investment (PRI) and pursue initiatives in accordance with these principles, such as dialogue about
ESG issues with companies that receive investment and monitoring of companies entrusted with management.
7. Suppliers
Our business activities are supported by the collaboration of suppliers of products and services, including officesupplies, IT systems, and outsourced work.
We have established a Procurement Policy and, with a view to ensuring respect of human rights, environmental
consideration, compliance, and information management, we pursue responsible procurement by clarifying ourbasic approach to procurement and our expectations of suppliers (supplier action guidelines).
In addition to requiring that key suppliers understand this Policy, we strive to encourage them to respect humanrights as we do. For some suppliers, we have stipulated procedures for evaluating human rights-related matters eachyear and take appropriate steps based on the circumstances.
8. Communication, Engagement, and Disclosure
We disclose the progress of our human rights-related initiatives. We also regularly verify the results of these
initiatives and report on them via our website.
We are continually working to create an appropriate system for receiving requests for consultation and complaints

regarding human rights. Stakeholders may ask for consultation at our head office or branch offices or via a callcenter, phone, website, etc.
We prioritize engagement (constructive dialogue) with stakeholders and strive to ensure transparency and takeresponsible action.
We have received various suggestions from stakeholders regarding the establishment and implementation of thispolicy. Going forward, we will continue to welcome stakeholders’ advice and incorporate it into this policy asnecessary.
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Revision History

Revision Date

April 1, 2018

CreatedMay 1, 2022

Revised

Revision Details