banking
SMBC Group and Climate Bonds Initiative Partner on Climate Resilience Financing
Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Nikko Securities, both subsidiaries of Sumitomo Mitsui Financial Group, have signed a Memorandum of Understanding (MOU) with the London-based Climate Bonds Initiative to foster and standardize the sustainable finance market for climate adaptation and resilience. Under the terms of the agreement, the