News Release
ORIX Bank to Contribute to Tree-Planting Program for Customers Who Go Paperless
Jan 04, 2021
TOKYO, Japan - January 4, 2021 - ORIX Bank Corporation (“ORIX Bank”) announced today that it has tied-up with Environmental Relations, Certified NPO, and will launch a program of contributing to tree-planting activities when customers opt for paperless delivery of contract-related documents*1.
ORIX Bank currently delivers repayment schedules and other documents by mail to approximately 64,000 customers who use its loan products including real estate investment loans. Under the new program, ORIX Bank will contribute 30 yen annually for each customer who chooses to have these documents delivered electronically rather than by mail, encouraging customers to go paperless and contributing to forest restoration.
Customers currently under contract can choose the paperless option on the “Customer Page” (in Japanese) on ORIX Bank’s website. New customers will not receive paper documents by mail unless they specifically request mail delivery. Customers can check the details of their contract, repayment schedules, and other information on the Customer Page.
ORIX Bank will continue to encourage digitization and paperless delivery of documents for various services and strive to provide products and services that take sustainability into consideration.
*1 Documents eligible for paperless delivery: Repayment schedules and fixed interest rate term extension application forms.
Name | Environmental Relations, Certified NPO |
---|---|
President | Atsuko Suzuki |
Established | September 8, 2003 |
Address | 8th floor, Kanda Ogawa-machi Building, 2-3-12 Kanda ogawa-machi, Chiyoda-ku, Tokyo |
URL | https://presenttree.jp (in Japanese) |
“Present Tree,” a project operated by Environmental Relations , Certified NPO, encourages people to plant trees to commemorate an important person or themselves, thereby leading to forest restoration and regional revitalization. Its slogan is “Let’s plant a tree to commemorate our lives!”
As Japan’s birthrate declines and its population ages, Present Tree plants trees in areas where forests should be created, such as disaster-stricken forests, previous development sites, and clear-cut areas located throughout Japan. Urban residents serve as the foster parents of these trees and interact with local residents to grow the trees, contributing to the sound development of forests and local communities.
Contact Information:
Investor Relations Team
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121
About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses.
Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 37 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of March 31, 2020)
Caution Concerning Forward Looking Statements:
These documents May contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2019 – March 31, 2020.”
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