Financing for the TCG Building through Sustainability-Linked Green Bonds
First written in FY2021-Q3. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2025.
2 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「The target for this issuance was set at cumulative SDGs-contributing revenue of at least ¥391.1 billion over the 4 years from fiscal 2021 through fiscal 2024. Through active efforts to win orders for renewable energy-related construction and construction projects meeting standards such as CASBEE and ZEB, the company recorded actual revenue of ¥416.9 billion, exceeding the target.」
Revenue from SDGs-contributing businesses over the 4-year period exceeded the target related to the use of proceeds and performance target for the sustainability-linked green bond. - FY2024AdvancedAnnual report
「The company recorded ¥292.2 billion on a cumulative basis over the 3 years from fiscal 2021 through fiscal 2023. To secure at least ¥98.9 billion in order intake in the final year, the entire group is working to achieve this goal.」
Against the 4-year target of at least ¥391.1 billion in SDGs-contributing revenue, ¥292.2 billion was recorded over 3 years, leaving at least ¥98.9 billion required in the final year. - FY2021AdvancedAnnual report
「The company raised a total of ¥15 billion through the issuance of Japan’s first sustainability-linked green bond, the second bond, combining a sustainability-linked bond and a green bond, including ¥10 billion from the second bond.」
The company actually issued ¥10 billion of the second sustainability-linked green bond and raised funds to finance the construction of the environmentally efficient TCG Building. - FY2021-Q3First statedAnnual report
「Second unsecured corporate bond (sustainability-linked green bond) 7. Use of proceeds: All proceeds are scheduled to be allocated to the construction of the TCG Building, a green project (tentative name).」
Based on the issuance resolution of 20 January 2021, the company established a ¥10,000 million, five-year sustainability-linked green bond and plans to allocate all proceeds to the construction of the TCG Building (tentative name).