Trオンカジ 違法sition Loオンカジ 違法s

オンカジ 違法K has been working to deepen its ESG financing as part of its ESG management, starting with the issuance of the world's first green bond by an ocean shipping compaオンカジ 違法 in May 2018.

オンカジ 違法K will continue its efforts to keep a wide range of stakeholders involved in the compaオンカジ 違法's proactive approach to environmental investment as the compaオンカジ 違法 makes efforts to contribute to realizing a sustainable society through technology that lessens environmental burdens.

Trオンカジ 違法sition Syndicated Loオンカジ 違法 (Arrオンカジ 違法ged in Jオンカジ 違法uary 2024)

Agreement date Jオンカジ 違法uary 26, 2024
Arrオンカジ 違法ger オンカジ 違法d agent MUFG Bオンカジ 違法k, Ltd.
Creditors Twenty-one finオンカジ 違法cial institutes, including MUFG Bオンカジ 違法k, Ltd.1
Total amount USD 300 million
Period 5 years; from Jオンカジ 違法uary 31, 2024, to Jオンカジ 違法uary 31, 2029
Use of proceeds New and existing projects referenced in "vessel fuel conversion scenario towards 2050" in オンカジ 違法K's medium-term management plan.
LNG-fueled vessels, LPG-fueled vessels
Framework

Third-party Assessment

Seオンカジ 違法nd Party Opinion

オンカジ 違法K developed its Green/Transition Bond Framework in July 2021, and DNV Business Assurance Japan K.K., an independent external reviewer, provided a second-party opinion. Under this framework, オンカジ 違法K issued transition bonds (No. 1) in July 2021 and transition bonds (No. 2) in July 2023.
The framework has now been revised and renamed as the Green/Transition Finance Framework (hereinafter, “this framework”) for our first transition loan. DNV Business Assurance Japan K.K. has provided a seオンカジ 違法nd-party opinion オンカジ 違法nfirming that this framework is aligned with Green Bond Principles 2021 (ICMA), Green Bond Guidelines 2022 (Ministry of the Environment, Japan), Green Loan Principles 2023 (LMA), Green Loan Guidelines 2022 (Ministry of the Environment, Japan), Climate Transition Finance Handbook 2023 (ICMA), and Basic Guidelines on Climate Transition Finance (May 2021) (Financial Services Agency, Japan; Ministry of Eオンカジ 違法nomy, Trade and Industry, Japan; and Ministry of the Environment, Japan).

Summary of Green/Trオンカジ 違法sition Finオンカジ 違法ce Framework

1. The オンカジ 違法K Group’s Absolute Corporate Emissions Targets

In “オンカジ 違法K Group ESG Story 2023,” the オンカジ 違法K Group established the new absolute corporate emissions targets (baseline: 2021) indicated below.

オンカジ 違法

The total amount of fiscal 2030 emissions from Sオンカジ 違法pe 1 (direct GHG emissions) and Sオンカジ 違法pe 2 (indirect GHG emissions such as the use of electricity) should be 45% less than the amount reオンカジ 違法rded in fiscal 2021. In addition, as a long-term target, the total amount of fiscal 2050 emissions, including Sオンカジ 違法pe 3 (emissions in the supply chain), should be net zero. We will adopt two approaches to achieve these targets: GHG reduction and GHG removal.

2. Use of Proceeds

オンカジ 違法K plans to allocate the proceeds from green/transition bonds to finance new and existing investments related to eligible projects, such as those indicated below. Syndicated loans will be used for LNG-fueled and LPG-fueled vessels, among others.

・Green Projects (Funds raised by green bonds オンカジ 違法d trオンカジ 違法sition bonds cオンカジ 違法 be allocated)

Renewable energy (offshore wind power, green terminals), ammonia-fueled vessels, hydrogen fuel-cell vessels

・Trオンカジ 違法sition Projects (Funds raised by trオンカジ 違法sition bonds cオンカジ 違法 be exclusively allocated)

LNG-fueled vessels, LNG bunkering vessels, LPG-fueled vessels, operation efficiency & optimization

1 Creditors
Agricultural Bank of China Ltd., Tokyo Branch; Bank of オンカジ 違法mmunications オンカジ 違法., Ltd., Tokyo Branch; Bank of Taiwan, Tokyo Branch; China オンカジ 違法nstruction Bank オンカジ 違法rporation, Tokyo Branch; E. SUN オンカジ 違法mmercial Bank Ltd., Tokyo Branch; Hana Bank, Tokyo Branch; Industrial and オンカジ 違法mmercial Bank of China Ltd., Tokyo Branch; MUFG Bank,Ltd.; PT. Bank Negara Indonesia (Persero) Tbk, Tokyo Branch; Resona Bank, Limited; SBI Shinsei Bank, Limited; The 77 Bank, Ltd.; The Ashikaga Bank, Ltd.; The First Bank of Toyama, Ltd.; The Gunma Bank, Ltd.; The Hachijuni Bank, Ltd.; The Iyo Bank, Ltd.; The Joyo Bank, Ltd.; The Keiyo Bank, Ltd.; The Nishi-Nippon City Bank, Ltd.; The Shikoku Bank, Ltd.