Sustainability in Our Organization

Sustainability Governance Structure

ORIX established the ORIX Sustainability Team (currently the Investor Relations and Sustainability Department) in July 2019 to promote and implement sustainability and make initiatives more transparent. The Investor Relations and Sustainability Department reports on sustainability activities to senior management, including the Board of Directors, the Executive Committee, and the CEO, and seeks approval from these bodies for major sustainability-related decisions. The Investor Relations and Sustainability Department promotes and implements sustainability working closely with departments in charge of Group management and various business units.
In November 2021, the Sustainability Committee was established as an executive body that ensures Group-wide consistency for ESG-related material issues and key goals across the organization. The Investor Relations and Sustainability Department continues to lead company-wide sustainability promotion and implementation as the secretariat of the Committee.

Sustainability Governance Structure

Sustainability Committee

Purpose and position of the Sustainability Committee
The Sustainability Committee implements ESG-related material issues and key goals Group-wide. It formulates strategic approaches, KPIs, and action protocols, and the results of its deliberations will then be reported to and approved by the Board of Directors. The Board of Directors supervises and guides the promotion of sustainability.

Composition of the Sustainability Committee
Committee members include Group CEO (chair), Group COO, Deputy President Executive Officer, Executive Officer Responsible for Corporate Function Unit, and other Executive Officers designated by the Group CEO. Also attended by other participants depending on the agenda.

Role of the Sustainability Committee

1. Discussion of specific measures to achieve ESG-related key goals
2. Discussion of any conflicts arising between short-term earnings and long-term growth
3. Discussion of measures to reduce climate change risk following TCFD (Task Force on Climate-related Financial Disclosures) framework
4. Sharing of information on corporate sustainability developments both in Japan and overseas
5. Discussion of matters to report to the Board of Directors

Approach to Sustainability Issues

ORIX has diverse businesses, and each business has a wide range of sustainability issues that either affect society or are affected by society. For this reason, we divide our sustainability efforts into two categories: the corporate (Group-wide) level and the business unit level.
Among discussions of sustainability, Group-wide themes are mainly compiled by the Investor Relations and Sustainability Department and reported to top management and the Sustainability Committee. At the same time, at Business Unit Strategy Meetings attended by internal directors and heads of business units, including top management, discussions are held as appropriate regarding the promotion of sustainability in each business unit, and these are also reported to the Sustainability Committee on a regular basis. Matters reported to the Sustainability Committee are also reported to the Board of Directors.