Sumitomo Mitsui Financial Group, Inc.

Unverified
XFID Unique Identifier for Sumitomo Mitsui Financial Group, Inc.: XO9X48VPKK
Sector
Banks
Website
www.smfg.co.jp
3 Second Party Opinions
1 Framework

Documents (4)

Framework Second Party Opinion
XFID Type Title Year Source Retrieved
XF-AOWS31N-F Framework Sumitomo Corp - Framework Report 2022 www.smfg.co.jp 31 Mar 2026
XF-0CXWH6S-Y Second Party Opinion Sumitomo Mitsui Financial Group, Inc./Sumitomo Mitsui Banking Corporation's Green Bond Framework Second-Party Opinion (Japanese) 2018 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-WLUJFZN-0 Second Party Opinion Sumitomo Mitsui Financial Group, Inc./Sumitomo Mitsui Banking Corporation's Green Bond Framework Second-Party Opinion 2018 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-L9IS5S3-9 Second Party Opinion Sumitomo Mitsui Financial Group, Inc./Sumitomo Mitsui Banking Corporation’s Green Finance Framework Second-Party Opinion (2022) 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

Press Coverage (17)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Sumitomo Mitsui Financial Group, Inc., Japan FRAMEWORK 2022 2022
Issuer sector/industry classification
Financial & Insurance Activities Metadata
Issuer type
Bank, Global Systemically Important Bank (G-SIB) FRAMEWORK 2022 2022

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Green Finance Framework 2022 FRAMEWORK 2022 2022
Bond types covered under framework
Green bonds, Green loans SPO 2022 2022
Framework publication date and update history
October 2022 (2022 framework); earlier versions in 2018 FRAMEWORK 2022 2022
Eligible use-of-proceeds categories
Renewable Energy, Energy Efficiency, Green Buildings, Clean Transportation, Pollution Prevention and Control FRAMEWORK 2022 2022
Project evaluation and selection process description
SMFG IR Department and SMBC Treasury Department decide eligible projects based on Framework eligibility criteria; final decision by General Manager of Corporate Planning Department of SMFG SPO 2022 2022
Management of proceeds approach
Internal system monitoring once per year; net proceeds extended to SMBC as inter-group loan; unallocated proceeds invested in short-term financial instruments SPO 2022 2022
Reporting commitments under framework
Annual allocation reporting of green finance proceeds FRAMEWORK 2022 2022
Exclusion criteria for ineligible projects or sectors
Exclusion Criteria specified in framework FRAMEWORK 2022 2022
Temporary investment of unallocated proceeds
Overnight or other short-term financial instruments SPO 2022 2022

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, 2022 and 2018 SPO 2022 2022
SPO preliminary evaluation or credibility rating
Credible and impactful, aligned with Green Bond Principles and Green Loan Principles SPO 2022 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles 2021 (2022 framework) and Green Bond Principles 2018 (2018 framework) SPO 2022 2022
Alignment with UN Sustainable Development Goals
SDGs 7, 9, 11, 12 (2022); SDGs 3, 7, 9, 11 (2018) SPO 2022 2022

ESG Framework & Governance

Environmental risk management processes
SMBC has environmental and social risk management processes applicable to all allocation decisions under the Framework SPO 2022 2022

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name
2018 Sumitomo Mitsui Financial Group, Inc. / Sumitomo Mitsui Banking Corporation's Green Bond Framework →
2022 Green Finance Framework
Bond types covered under framework
2018 Green Bond →
2022 Green
Alignment with ICMA Green Bond Principles
2018 Aligned with Green Bond Principles 2018 →
2022 Aligned with Green Bond Principles 2021 and Green Loan Principles 2021
Alignment with UN Sustainable Development Goals
2018 SDGs 3, 7, 9, and 11 →
2022 SDGs 7, 9, 11, and 12
Project evaluation and selection process description
2018 Eligible projects reviewed and selected by SMBC's Structured Finance Department based on eligibility criteria; decision made by SMFG's Corporate Treasury Department and SMBC's Planning Department Treasury Unit →
2022 Process documented in framework section 2.2 →
2022 IR Department and Treasury Department decide eligible projects based on Framework's eligibility criteria, with final decision made by General Manager of Corporate Planning Department
Management of proceeds approach
2018 Internal systems monitor proceeds to ensure amount equal to net proceeds from Green Bonds allocated to eligible assets meeting SMFG/SMBC criteria →
2022 Management approach documented in framework section 2.3 →
2022 Monitoring and management once a year using internal system; net proceeds extended to SMBC as inter-group loan; unallocated proceeds invested in overnight or short-term financial instruments
Reporting commitments under framework
2018 Annual allocation reporting on website with management assertions; environmental impact indicators reporting including CO2 emissions, energy saved, and waste recycled →
2022 Annual reporting commitments documented in framework section 2.4