Mizuho & Lombard sign sustainability alliance

Mizuho Financial Group and Lombard Odier Trust Japan have signed a new agreement covering sustainability including consulting services and strategies.

The new alliance is an extension of the existing collaboration between Mizuho and Lombard Odier. With the new agreement, Mizuho will expand its areas of cooperation with Lombard Odier in sustainability, gaining access to Lombard’s range of sustainability strategies. Lombard will also act as strategic advisor and consulting partner to Mizuho.

Atsuhiro Morishima, Deputy Head of Retail & Business Banking Company at Mizuho Financial Group said, “We are delighted to partner with Lombard Odier to advance sustainability initiatives in Japan’s financial sector. By leveraging Lombard Odier’s extensive capabilities and expertise in sustainability research, we are confident in our ability to deliver innovative solutions that meet the evolving needs of our clients, underscoring our commitment to driving positive environmental impact through sustainable financial practices.”

Jean-Pascal Porcherot, Managing Partner at Lombard Odier, said, “At Lombard Odier, we believe that system changes resulting from the transition to a more sustainable economy will result in profound changes in business models, value chains and profit pools. As a high-end investment firm, we have strong sustainability research and investment expertise to help identify the opportunities and risks that are emerging from this transition. We are delighted to partner with Mizuho Financial Group to support clients in Japan who are seeking sustainable long-term value.”