Promoting Environmental Projects through the Environmental Management Committee and Green Bonds
First written in FY2019. 5 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2025.
20 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「As ESG financing supporting our environmental strategy, we arranged a syndicated transition-linked loan in April 2024 and a transition-linked loan in September 2024.」
As ESG financing supporting the environmental strategy, 2 transition-linked loans were arranged in fiscal 2024. - FY2024AdvancedAnnual report
「ESG financing supporting our environmental strategy through funding included the issuance of ¥20 billion in senior bonds as blue bonds in January 2024, which received JCR’s highest rating, “Blue 1 (F).” In addition, a total of 6 transition loans and transition-linked loans were arranged between December 2023 and March 2024.」
Funding for environmental projects was expanded to ¥20 billion in blue bonds with the highest rating and a total of 6 transition-related loans. - FY2023AdvancedAnnual report
「In October 2022, the company arranged a transition-linked loan for a bulk carrier equipped with a wind-propulsion system. In December 2022 and March 2023, it also arranged two global commitment line agreements through transition-linked loans for business-purpose funding.」
Environmental management and ESG financing progressed to loans for wind-powered vessels and 2 series of global committed credit facilities. - FY2022AdvancedAnnual report
「In September 2021, we arranged a transition loan for LNG-fuelled ferries, followed by a transition-linked loan for LNG-fuelled bunkering vessels in November 2021.」
Following green and sustainability bonds, transition-related financing was arranged for LNG-fuelled ferries and LNG-fuelled bunkering vessels. - FY2020AdvancedAnnual report
「In July 2019, we issued sustainability bonds, with proceeds eligible for general SDG-related purposes, to institutional investors (4-year and 6-year maturities, ¥5 billion each) and individual investors (6-year maturity, ¥10 billion).」
The company expanded from green bonds for environmental projects to issuing sustainability bonds totalling ¥20 billion, with proceeds eligible for general SDG-related purposes. - FY2019First statedAnnual report
「Specific initiatives include establishing the Environmental Management Committee and issuing green bonds. …We issued green bonds totalling ¥10 billion to fund the green projects we formulated, including ballast water treatment systems, SOx (sulfur oxide) scrubbers, LNG-fuelled vessels, LNG-fuelled bunkering vessels, new PBCF (Propeller Boss Cap Fins), and the Wind Challenger project.」
The Environmental Management Committee was established as the command centre for the environmental strategy, and green bonds totalling ¥10 billion were issued to fund 6 green projects.