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.

Execution of Operations Framework (As of March 31, 2023)

Sustainability Governance Structure

Sustainability Committee

Purpose and position of the Sustainability Committee
The Sustainability Committee plays a role in steadily executing important ESG-related material issues and key goals across the organization. The Committee clarifies strategic approaches, KPIs, and action protocols; the results of its deliberations are then reported to and approved by the Board of Directors.

Composition of the Sustainability Committee
The Group CEO serves as chairperson for the committee. Committee members include those in charge of segments directly related to ESG, and the committee is configured flexibly so other stakeholders can participate as necessary depending on the topic/agenda. The committee also calls on external experts to join as needed.

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.

Sustainability Approach
  Corporate Level Business Unit Level
Applicability Group-wide Specific to each business unit
Governance Sustainability Committee Sustainability Committee and respective business unit heads
Administration Investor Relations and Sustainability Department Investor Relations and Sustainability Department
Sustainability contact at respective business unit
Key Terms Unifying culture
Minimum standards
Zero tolerance
Transparency
Tailored approach and ownership