Our social mission is to fulfill our fiduciary duty, as a securities company as well as an asset manager, to support investors in building up their wealth over the long term by offering the best solutions for their needs, while contributing to realizing a prosperous society via a positive spiral of investment chain.
Also, we believe that alternative investments can play a significant role in enhancing investment returns in this ever-changing environment.
We will continue to conduct sustainable management ourselves to be a company that can continue to provide added value to stakeholders in the future.
Corporate Missions, Vision, Values (MVV)
In July 2022, we redefined our founding principles as missions, vision, and values, with a volunteer project team that started based on employee feedback.
Our MVV forms the backbone of our company, enabling us to show our strength as "one team".
Our Approach to Value Creation
Materiality
In October 2023, we formulated materiality as a priority issue for promoting sustainable management and creating added value through our securities and investment management business activities.
| Materiality | Our Approach | KPI | SDGs |
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| Contribution to long-term asset building through alternative investment |
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| Contribution to realizing a sustainable society |
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| Environment-friendly business operations | We strive to reduce adverse impact on the environment through initiatives such as reducing electric power consumption and waste in the workplace. |
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| Working environment to promote employee satisfaction |
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| Corporate governance | We are committed to rigorous risk management and compliance that is worthy of trust. |
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- Sum of assets under management in the investment management and advisory business and our clients' assets invested in the funds we marketed in the securities business.
- SDGs-related AUM is the sum of all client AUM in products investing over 50% of their assets in sectors contributing to the SDGs such as renewable energy, infrastructure, forests, agriculture, and insurance.
Process for Identifying Materiality
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Step 1 Identifying the issues to be addressed
We identified social challenges with a focus on the 169 targets of the SDGs, while clarifying the issues that need to be tackled from the viewpoints of the securities and asset management industries.
Social Issues
SDGs, GRI standards, UN Global Compact, ISO 26000, and others
Industry-focused Issues
PRI, Major work plans of the Japan Securities Dealers Association, Reports on industry trend, and others
Moreover, a questionnaire was sent to stakeholders to better understand what they expect from us. We analyzed their responses from multidimensional viewpoints to identify the issues we need to address.
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Step 2 Evaluating the issues through a backcasting approach
The management team, head of each department and Corporate Sustainability Office staff worked together in a workshop to clarify the valuable resources and the business model we should keep in the future. In addition, based on our scenario of the future business environment, we discussed the priority business issues over the midium-term aligned with the value we target to materialize in 2030.
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Step 3 Discussing the material issues at a higher level with management
The Corporate Sustainability Office organized the outcomes from the workshop to prepare an initial materiality proposal. In the regular ESG meetings, which include the management team, the initial proposal was discussed in depth and refined as the priority management theme. Also, Key Performance Indicators (KPIs) were defined in discussion with each department.
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Step 4 Discussing and resolving the proposed materiality and KPIs in the Board of Directors
Participation in Initiatives
United Nations Principles for Responsible Investment (UN PRI)
The UN PRI encourages institutional investors to consider ESG (Environmental, Social, Governance) factors within their fiduciary duty when making investment and ownership decisions in order to pursue long-term investment returns for beneficiaries.
We became a signatory of UN PRI on April 4, 2022, as an investment manager.
Japan Impact-driven Financing Initiative
The ”Japan Impact-driven Financing Initiative” is an initiative to promote impact investment through cooperation and collaboration between diverse and multiple financial institutions that believe that the purpose of financial institutions is to actively address social and environmental issues, holistically understanding impact.
We became a signatory of the initiative on May 1, 2023.
External Link：Japan Impact-driven Financing Initiative
Task Force on Climate-related Financial Disclosures (TCFD)
The TCFD is a private task force established by the Financial Stability Board (FSB).
In its final report, the TCFD recommends companies to disclose financial information related to climate change.*
We expressed our support for the TCFD recommendations in September 2023.
- The TCFD officially disbanded in October 2023.
Japan’s Impact Consortium
The "Impact Consortium" was launched as an interactive communication platform where impact-driven stakeholders could join in and share their expertise and experiences. The Consortium aims to support various initiatives to realize impact through business and to develop impact investment into an established approach and market. We became a member of the initiative in July 2024.
Governance Framework of Sustainability Issues
The regular ESG meeting is held to discuss sustainability-related material issues and regularly report to the board of directors which has a supervisory role.
Governance Framework of Sustainability Issues
The regular ESG meeting members
- CEO
- full-time directors
- Head of Legal & Compliance Department
- Corporate Sustainability Office
Board of Directors
As the highest governance body, the board of directors mainly deliberates on the following matters.
(Examples of Resolutions)
- Establishment of policies and setting of targets for climate change countermeasures
- Review of corporate strategies including medium-term business plan, annual budgets and materiality from the viewpoint of climate change countermeasures
- Participation in sustainability-related initiatives
- Establishment and revision of Sustainable Investment Policy
(Examples of Reporting Matters for Supervision)
- Progress toward sustainability-related goals
- Assessment results of identified climate-related risks and opportunities, as well as the management status of business risks including climate change risks
Regular ESG Meetings
At regular ESG meetings held every other week, a wide range of topics related to sustainability, including the following matters, are discussed mainly by the management team. In addition, the management team monitors various internal activities and progress toward any targets through this meeting.
- Details of Sustainable Investment Policy
- Methods of ESG due diligence of investees, including those related to climate change
- Activity status of the industry-wide initiatives in which MAI is participating
- Materiality and climate change targets and progress
- Trends in the financial industry regarding environmental and social issues
- Measures to raise employee awareness of environmental and social issues
Corporate Sustainability Office
The Corporate Sustainability Office plays the following roles in sustainability initiatives, including addressing climate-change-related issues, by leading the development of a framework for company-wide initiatives consistent with our materiality.
- Coordinating with relevant departments regarding the establishment and revision of sustainability-related policies, such as Sustainable Investment Policy, and submitting proposals to the Board of Directors
- Attending the Investment Committee in which important matters such as the selection of investment products in the Investment Management Business are resolved and the Product Strategic Committee in which important matters such as the marketing of a new product in the Securities Business are decided. A veto may be exercised if there is a concern from the viewpoint of ESG as a committee member.
- Identifying and assessing risks and opportunities related to climate change and reporting to the Risk Management Committee
- Regularly reporting the monitoring results of the status of company-wide management of climate change risks to the Risk Management Committee
- Reporting and proposing policies and the status of various sustainability-related initiatives to management at ESG regular meetings
- Disclosing information related to sustainability, including TCFD requirements, to employees and the public
