Governance

Rakuten Bank will develop a governance structure to contribute to sustainability, including climate change.

Governance Structure for Sustainable Business Management

The Board of Directors determines basic policies related to sustainability, exchanges opinions from multiple perspectives and over a long-term time horizon, and establishes a framework for sustainability management. The Management Committee serves as the deliberative body for the Board of Directors' resolutions related to sustainability and as the executive body for business operations based on the basic policy. Under the above governance structure, the Sustainability Promotion Council was established as a cross-functional meeting body within the Bank to promote sustainable management, develop human resources, raise employee awareness, and improve the work environment at the Bank, as well as to promote measures to support customers' efforts to solve environmental and social issues.

The Sustainability Promotion Committee was held three times in the current fiscal year, with the President and Representative Director as the chairperson, and attended by the General Managers of each business division, including the General Manager of the Risk Management Division. In the meeting, We discusse the basic policy for sustainable management and the formulation of measures, as well as policies and plans for responding to medium- to long-term sustainability issues and opportunities in terms of the environment and society. If there are any importanrt matters such as developing related plans, we are to be submitted to or reported to the Management Meeting and the Board of Directors.