July 08, 2022
Kawasaki Heavy Industries, Ltd. announced today that following the news release on June 6, 2022 regarding the issuance of its Green Bond*1 (hereinafter "the Bond"), the terms and conditions of the Bond has been determined as follows.
The funds raised from this issuance will be used for projects to build a clean hydrogen supply chain, and the company will work toward the realization of the coming hydrogen society through "Trustworthy Solutions for the Future".
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*2 and strengthen their engagement with stakeholders to contribute to the achievement of the SDGs and a sustainable society.
Summary of the Bond
*1 Bonds issued to raise funds specifically for projects that contribute to solving environmental problems.
*2 Group Vision 2030: URL: https://global.kawasaki.com/en/corp/ir/library/other_presen.html
Kawasaki Heavy Industries Ltd. press release