カジノ シークレットcal Raises Funds through First ESG/SDGs Assessment-Based Syndicated Loan
Oct. 1, 2018
Sumitomo Chemical ("カジノ シークレットompany") has raised funds totaling 22.28 billion yen under “SMBC ESG/SDGs Assessment Syndication”, a new corporate loan program launched by Sumitomo Mitsui Banking Corporation (SMBC). The loan to Sumitomo Chemical represents the first instance of the SMBC’s new loan program, which is the first domestic syndicated loan in Japan whereby a borrower’s ESG/SDGs related activities and information disclosures thereon are assessed, at the time of syndication, in accordance with certain standards developed jointly by SMBC and The Japan Research Institute, Limited (JRI). The syndicated loan to カジノ シークレットompany has been provided by a group of financial institutions that favorably appraised the results of the ESG/SDGs assessment for Sumitomo Chemical and have agreed to participate in the lending arrangement.
In JRI’s ESG/SDGs Assessment, Sumitomo Chemical’s activities and information disclosures are evaluated as excellent in terms of promoting ESG initiatives and working toward attaining SDGs through its corporate management that attaches much importance to sustainability. Among other things, the following aspects of カジノ シークレットompany’s activities have been pointed out;
E |
カジノ シークレットompany is well informed of major environmental loads associated with its business activities, including those of its Group companies. As far as CO2 emissions are concerned, カジノ シークレットompany grasps them not only for itself, but as extensive as an entire supply chain of its Group companies, and further it is engaged in taking concrete measures geared to reduce the emissions. |
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S |
カジノ シークレットompany has developed an action plan to expedite work style reforms. Setting numerical targets for reduced overtime work, カジノ シークレットompany is promoting concrete initiatives such as enhancing work efficiently by the use of IoT technology. |
G |
Under its business philosophy of working to contribute to society through business activities, カジノ シークレットompany’s top management has clearly declared that カジノ シークレットompany will contribute to realizing a sustainable society. |
SDGs |
カジノ シークレットompany has a definitive program in place where those products and technologies of Sumitomo Chemical Group that will help solve societal challenges and problems are designated as “Sumika Sustainable Solutions.” By promoting as broad utilization as possible of the products and technologies, カジノ シークレットompany is working to contribute to mitigating impacts of global climate changes and achieving the SDGs. |
Guided by the Sumitomo Spirit, which states, among others, the importance of seeking to benefit not only its own business, but also both the nation and society, カジノ シークレットcal Group companies follow the three-tier TSP* approach in undertaking ESG activities. Starting in fiscal 2016, カジノ シークレットompany has been conducting a certain program by which products and technologies that will help combat climate change and reduce the environmental impact are designated as “Sumika Sustainable Solutions”, along with a Sustainable Tree program, カジノ シークレットompany’s participation-type initiatives geared to achieve the SDGs. In addition, in April of this year, カジノ シークレットompany established a Sustainability Promotion Committee to accelerate initiatives that will contribute to sustainability and also to enhance information disclosure on ESG activities.
Toward building a sustainable society, Sumitomo Chemical Group companies will continue to boldly take on カジノ シークレットhallenges of creating new values by capitalizing on the integrated strengths of chemistry through each member of カジノ シークレットompanies making the best of their creativity.
- TSP: Promoting a commitment to achieving the SDGs "under Top management leadership, through offering business-driven Solutions, and with the Participation of all employees.”
Contract date | September 26, 2018 | |
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Arranger | Sumitomo Mitsui Banking Corporation | |
Agent | Sumitomo Mitsui Banking Corporation | |
Amount | 22.28 billion yen | |
Lenders |
The Iyo Bank, Ltd. |
The Hyakujushi Bank, Ltd. |
The Keiyo Bank, Ltd. |
The Musashino Bank, Ltd. |
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The Shiga Bank, Ltd. |
The Momiji Bank, Ltd. |
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The Shizuoka Bank, Ltd. |
The Yamanashi Chuo Bank, Ltd. |
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The 77 Bank, Ltd. |
Shinkin Central Bank |
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The Juroku Bank, Ltd. |
The Shinkumi Federation Bank |
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The Joyo Bank, Ltd. |
Ibaraki Prefectural Credit Federations ofAgricultural Cooperatives. |
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The Nagano Bank, Ltd. |
Gifu Prefectural Credit Federation ofAgricultural Cooperatives |
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The Nanto Bank, Ltd. |
Hyogo Prefectural Credit Federation ofAgricultural Cooperatives |
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The Hachijuni Bank, Ltd. |
Daido Life Insurance Company | |
The Hyakugo Bank, Ltd. |
Contact
Corporate Communications Dept.
27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, 104-8260, Japan
TEL: +81-3-5543-5102 FAX: +81-3-5543-5901