Tokyo - Jun. 06, 2022
Based on the framework*2 for financing, Kawasaki plans to use the funds raised through public offering in the domestic market for projects to build a clean hydrogen supply chain, which is essential to achieving global carbon neutrality.
The company has set a sustainable finance target for 50% of its long-term debt in FY2030 and 100% in FY2050.
By making active use of sustainable finance, they will accelerate their sustainability management initiatives to realize the Group Vision 2030*3 and strengthen their engagement with stakeholders to contribute to the achievement of the SDGs and a sustainable society.
Summary of the Green Bond
*2 Details of the Framework: https://global.kawasaki.com/en/corp/sustainability/finance/bond_framework.html
For this framework, Kawasaki has obtained a "Second Party Opinion" from a third-party organization, Rating and Investment Information, Inc. (R&I).
*3 Group Vision 2030: https://global.kawasaki.com/en/corp/profile/gv2030.html
Kawasaki Heavy Industries Ltd. press release