Sustainability-Linked Bond

We have issued the first Sustainability Linked-Bond(SLB)* in the Japanese Chemical industry. Among the KIZUNA indexes in the Fifth Mid-Term Management Plan, we have linked two key indicators for risks and opportunities in our sustainability management: CO₂ emissions reduction and consolidated sales index of sustainable products, and are working to achieve these targets. We have also obtained a third-party opinion and a post-issuance verification report on the conformity of the SLB.
*5-year bond, 5.0 billion yen, interest rate 0.180% per year

 

Progress against SPTs and Targets

 

CO₂ Emissions

Sustainable Products Categories

Sustainable products in consolidated sales/Index

 

 

Influence degree to sales amount index of Sustainable Products