SBI ARUHI has established an ESG Committee chaired by CEO and consisting of the same members as the Executive Committee members. The ESG Committee considers and implements actions to address climate-related challenges as a part of environmental initiatives. The ESG Committee meets quarterly as a general rule to discuss the mid- and long-term sustainability trends of the company and the society and develop/implement specific initiatives and actions to address climate change and other ESG challenges. The committee also submits half-yearly reports to the Board of Directors about progress in the initiatives and actions. The Board of Directors supervises matters reported by the ESG Committee from the standpoint of improving corporate value, and determines ESG policies, Materiality, and key performance objectives for addressing climate change and other issues based on the results of discussions at the ESG Committee. SBI ARUHI has also established the ESG Task Force presided by CFO under the ESG Committee. The task force is responsible for driving and supporting the implementation of actual initiatives and actions against climate change and ESG challenges as determined by the ESG Committee. [...] The ESG Committee examines and creates a plan for climate-related risks and opportunities identified and assessed as critical business risks and opportunities. CEO, who chairs the ESG Committee, assigns teams that are responsible for taking actions. Assigned teams develop necessary measures and action plans, and carry out the plans. Progress management of these action plans is handled by the Risk Management Office, which oversees risk management across the organization. The Risk Management Office submits reports on risk management status and risk monitoring results to the ERM Committee consisting of Representative Director and President, Risk Management Officer, and others. Members of the ESG Task Force include members of the Risk Management Office. Information collected, research results assembled, and risks and opportunities identified and assessed by the ESG Task Force are shared with the Risk Management Office.