Sustainable Finance
ITOCHU Group, conducting business globally under the spirit of “Sampo-yoshi” (“good for the seller, good for the buyer, good for society”), our founding spirit and Corporate Mission, considers that addressing global environmental and social issues is one of the top priorities in its management policy. We contribute to the realization of a sustainable society in order to achieve the goals of the ITOCHU Group Corporate Guideline of Conduct, “I am One with Infinite Missions.” Our use of sustainable finance for environmental and social issues aims to make the policy of ITOCHU known to various stakeholders and to further promote SDGs related initiatives.
| Month of Execution | Contents | Evaluation Agency | Evaluation (at time of implementation) |
| May 2015 | Development Bank of Japan “DBJ Health Management Rating” private placement bond Refer to: Press Releases |
Development Bank of Japan | “AA” (Highest Rated) |
| Mar 2021 | USD-Denominated Senior Unsecured SDGs Bonds Refer to: Press Releases |
Vigeo Eiris | “Robust” (Good) |
| Sep 2023 | Sumitomo Mitsui Trust Bank Green Loan Refer to: Press Releases |
Japan Credit Rating Agency, Ltd. | “Green1(F)” (Highest Rated) |
| Mar 2024 | Mizuho Bank “Mizuho Human Capital Management Impact Finance.” Refer to: Press Releases |
Mizuho Research & Technologies | “AA” (Highest Rated) |
| Sep 2024 | Mizuho Bank “Mizuho Eco Finance” | Mizuho Research & Technologies | - |
| Dec 2024 | The Bank of Fukuoka Green Loan Refer to: Press Releases |
Japan Credit Rating Agency, Ltd. | “Green1(F)” (Highest Rated) |
| Dec 2024 | Sumitomo Mitsui Banking Corporation “SMBC Social Issues Resolution Promotion & Support Loan” Refer to: News Releases |
Japan Research Institute, Limited | - |
Framework
ITOCHU has established this SDGs Bond Framework in alignment with the Green Bond Principles, 2018, the Social Bond Principles, 2020 and the Sustainability Bond Guidelines, 2018 as administered by the International Capital Market Association (ICMA).
Second Party Opinion
ITOCHU has obtained an external evaluation (second party opinion) from Vigeo Eiris (Moody’s ESG Solutions) for the conformity of our Framework with principles such as the Sustainability Bond Guidelines.
Reporting
Fund Allocation Report and Impact Report (May 2022)
Funds raised from SDGs bonds issued in March 2021 USD500M have been allocated to qualified projects in accordance with Section 3.2 of the SDGs Bond Framework. In addition, we calculated the impact on the environment and society of qualified projects to which the funds raised were allocated.
Post-issuance Review (May 2022)
Itochu has obtained a post-issuance review from Moody’s ESG Solutions (renamed from Vigeo Eiris) for the fund allocation report and impact report created by us.
Click here
for a press release regarding this matter.
Framework
ITOCHU has established this Green Loan Framework in alignment with the Green Loan Principles, 2023 as administered by the Asia Pacific Loan Market Association (APLMA), the Loan Market Association (LMA), and the Loan Syndications and Trading Association (LSTA), as well as the Green Loan Guidelines, 2022 as administered by the Ministry of the Environment of Japan.
Second Party Opinion
ITOCHU has obtained an external evaluation (second party opinion) from Japan Credit Research Agency, Ltd (JCR) for the conformity of our Framework with principles such as the Green Loan Principles.
Reporting
Fund Allocation Report and Impact Report (November 2024)
Funds raised through Green Loan from Sumitomo Mitsui Trust Bank, Ltd. in September 2023 have been allocated to eligible projects in accordance with Section 3.2 of the Green Loan Framework.
Click here for a press release regarding this matter.