Ebara Corporation has concluded a commitment line agreement with Mizuho Bank, Ltd. (hereinafter "Mizuho Bank") for "Mizuho Eco Finance"*, a syndication arrangement with Mizuho Bank as the arranger. In addition, on September 29 of the same year, we signed a bilateral commitment line contract.
"Mizuho Eco Finance" is an environmental assessment loan product that scores the borrower's efforts and indexes using an environmental assessment model developed by Mizuho Research & Technologies Co., Ltd. that incorporates globally reliable environmental certifications and evaluations with the aim of promoting efforts toward a decarbonized society, and provides loans only if the borrower meets a certain score or higher.
The contract was concluded in recognition of our high level of satisfaction of the indicators used in the assessment model, including our support for the TCFD in May 2019, our goal of achieving carbon neutrality by 2050, and our disclosure of annual CO2 emissions throughout our entire supply chain.
Concluded "Mizuho Eco Finance" contract with Mizuho Bank Ltd.
The EBARA Group aims to achieve the Sustainable Development Goals (SDGs) by addressing key ESG issues based on its long-term vision and medium-term management plan, and to further improve its corporate value.
*For details on "Mizuho Eco Finance", please refer to the press release from Mizuho Bank, Ltd.
"About the start of handling of 'Mizuho Eco Finance'" dated June 28, 2019opens in a new tab