The Chugoku Bank, Ltd. disbursed a Chugin Sustainability-Linked Loan to 赤穂共栄住宅株式会社. The interest rate varies depending on whether the net CO2 emissions target is achieved. The loan amount is ¥46.5 million, with a 10-year term.
The Chugoku Bank, Ltd. announced that it had extended a Sustainability-Linked Loan to 赤穂共栄住宅株式会社. The loan is intended to contribute to reducing CO2 emissions, with the interest rate reduced depending on the achievement of specific targets for net CO2 emissions.
赤穂共栄住宅株式会社, the company introducing the loan, has operated a real estate business primarily in Ako City since its founding in the Showa era, and will strengthen its environmental conservation efforts by setting greenhouse gas emissions reduction targets. Its group company 五実興産 formulated greenhouse gas emissions reduction targets in April 2025 and obtained SBT certification.
The loan amount is ¥46.5 million, with a 10-year term. It will be disbursed on 30 September 2026 to support the promotion of business sustainability and environmental conservation initiatives.
In connection with the introduction of the loan, the company has obtained a third-party opinion in accordance with the Ministry of the Environment's guidelines, and explains that sustainable finance can be introduced with a low burden. The loan also includes descriptions of SOC and social contribution activities.