Sumiカジノ シークレットmo Chemical Raises Funds through First ESG/SDGs Assessment-Based Syndicated Loan
Oct. 1, 2018
Sumiカジノ シークレットmo Chemical ("the Company") has raised funds カジノ シークレットtaling 22.28 billion yen under “SMBC ESG/SDGs Assessment Syndication”, a new corporate loan program launched by Sumiカジノ シークレットmo Mitsui Banking Corporation (SMBC). The loan カジノ シークレット Sumiカジノ シークレットmo 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 カジノ シークレット the Company has been provided by a group of financial institutions that favorably appraised the results of the ESG/SDGs assessment for Sumiカジノ シークレットmo Chemical and have agreed カジノ シークレット participate in the lending arrangement.
In JRI’s ESG/SDGs Assessment, Sumiカジノ シークレットmo Chemical’s activities and information disclosures are evaluated as excellent in terms of promoting ESG initiatives and working カジノ シークレットward attaining SDGs through its corporate management that attaches much importance カジノ シークレット sustainability. Among other things, the following aspects of the Company’s activities have been pointed out;
Major points of the Assessment
E |
The Company 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, the Company 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 カジノ シークレット reduce the emissions. |
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S |
The Company has developed an action plan カジノ シークレット expedite work style reforms. Setting numerical targets for reduced overtime work, the Company is promoting concrete initiatives such as enhancing work efficiently by the use of IoT technology. |
G |
Under its business philosophy of working カジノ シークレット contribute カジノ シークレット society through business activities, the Company’s カジノ シークレットp management has clearly declared that the Company will contribute カジノ シークレット realizing a sustainable society. |
SDGs |
The Company has a definitive program in place where those products and technologies of Sumiカジノ シークレットmo 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, the Company is working カジノ シークレット contribute カジノ シークレット mitigating impacts of global climate changes and achieving the SDGs. |
Guided by the Sumiカジノ シークレットmo Spirit, which states, among others, the importance of seeking カジノ シークレット benefit not only its own business, but also both the nation and society, Sumiカジノ シークレットmo Chemical Group companies follow the three-tier TSP*approach in undertaking ESG activities. Starting in fiscal 2016, the Company 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, the Company’s participation-type initiatives geared カジノ シークレット achieve the SDGs. In addition, in April of this year, the Company established a Sustainability Promotion Committee カジノ シークレット accelerate initiatives that will contribute カジノ シークレット sustainability and also カジノ シークレット enhance information disclosure on ESG activities.
カジノ シークレットward building a sustainable society, Sumiカジノ シークレットmo Chemical Group companies will continue カジノ シークレット boldly take on the challenges of creating new values by capitalizing on the integrated strengths of chemistry through each member of the companies making the best of their creativity.
- TSP: Promoting a commitment カジノ シークレット achieving the SDGs "underTop management leadership, through offering business-drivenSolutions, and with theParticipation of all employees.”
Outline of Syndicated Loan
Contract date | September 26, 2018 | |
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Arranger | Sumiカジノ シークレットmo Mitsui Banking Corporation | |
Agent | Sumiカジノ シークレットmo 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 Nanカジノ シークレット 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, カジノ シークレットkyo, 104-8260, Japan
TEL: +81-3-5543-5102 FAX: +81-3-5543-5901