1. Basic Approach

Under the vision of “To Become a World-Class Investment Group”, our Group has established the mission of “Change today's Japan through Power of Funds". To support this vision and mission, we have formulated four Philosophies: ”Growth of Happiness”, ”Cross Border” , ”All for the Business”, and ”Undiscovered Common”.

To realize our Group’s vision, mission, and philosophy, we believe it is essential to promote the effective use and circulation of of funds through various forms of investment activities. At the same time, we believe it is of utmost importance that by building a relationship of trust with a wide range of shareholders, we work closely with the businesses of investee companies from a medium- to long-term perspective that also considers the ESG (Environmental, Social, and Governance) and the SDGs (goals for achieving sustainability) and contribute to the growth of the businesses.

Accordingly, Mercuria Holdings Co., Ltd. and its core subsidiary, Mercuria Investment Co., Ltd., recognize in their Code of Corporate Conduct that addressing ESG issues and contributing to the realization of a sustainable society are key responsibilities. In line with this recognition, we are committed to complying with all relevant laws and regulations, while promoting ESG- and sustainability-conscious management and fulfilling our social responsibilities.
In September 2021, we established and implemented our ESG and Sustainability Policy.
Furthermore, in December 2024, our core subsidiary, Mercuria Investment Co., Ltd., has became a signatory to the PRI (Principles for Responsible Investment), an international guideline aimed at creating a sustainable society by integrating ESG factors into the investment decision-making process.

2. Our ESG/SDGs Initiatives

(1) Environment

a) Clean Energy

• - Co-sponsor of Enex Infrastructure Investment Corporation, which targets renewable energy
• - Investment in First Ammonia, Inc. , U.S.-based green ammonia development company to achieve decarbonization

b) Reduction of waste/energy use & effective use of resources

• - Thorough environmental measures for office buildings owned by Hong Kong-listed Spring REIT operated by our subsidiary SAML
• - Investment in Loft Orbital Solutions Inc., a U.S. company aiming for a ride-sharing business with regard to satellites that can be expected to contribute to climate change issues, protection of natural resources on land and marine, etc.

(2) Social

a) Economic growth, employment security, industrial technology innovation, revitalization of regional societies.

• - Management of funds to support smooth business succession and growth of small and medium-sized enterprises
• - Management of a fund that support innovation in the real estate and logistics industry
• - Operation of a business problem solution support platform by our subsidiary Bizma

b) Eliminating poverty and improving convenience by expanding financial inclusion

• - Operation of a fund for investment in Chinese fintech company Beijing Zhongguancun Kejin. Technology Co., Ltd.（北京中関村科金技術有限公司）, a fintech company in China

(3) Governance

a) Contributing to the sophistication of governance functions

• - Management of funds to support smooth business succession and growth of small and medium-sized enterprises

3．Response to TCFD

In recent years, there has been a growing awareness of global climate change and the increasing severity of natural disasters.
Since the adoption of the Paris Agreement in 2015, governments, industry bodies, and companies around the world have been making clear commitments toward achieving a decarbonized society.
In line with this global trend, the Japanese government declared its goal of achieving carbon neutrality by 2050 in October 2020.

As the global industrial structure—including that of Japan—undergoes a significant transformation to mitigate and adapt to climate change, our Group recognizes the importance of aligning our business with this shift.
Through our investment activities and fund operations, we are committed to actively contributing to the realization of a more sustainable and decarbonized society, while also ensuring that our business adapts effectively to these structural changes.