The “Task Force on Climate-related Financial Disclosures (TCFD)” was established in December 2015 by the Financial Stability Board at the request of G20 finance ministers and central bankers. In July 2019, the SCB endorsed the recommendations of the TCFD.

The “TCFD Consortium” was established in May 2019, which is a consortium of companies and financial institutions that endorse the TCFD recommendations to discuss initiatives related to climate change. The SCB has been a member of the TCFD Consortium since July 2019.

The Japan Climate Initiative (JCI), established in July 2018, is a network of companies, local governments, and others working to address climate change. The SCB has been a member of the JCI since March 2019.

In April 2021, the SCB adopted the Equator Principles, a voluntary framework designed to ensure that in extending loans to large-scale projects, financial institutions give due consideration to the impact of such projects on the environment and society.