Sustainable finance

As a result of Sustainable Development Goals (SDGs), the Paris Agreement and other initiatives, building a sustainable society has become a major issue, so the aim of sustainable finance is to encourage transformation to new industries and social structures, and it is being positioned as infrastructure that will support a sustainable socio-economic system.

From 2023, we began utilizing positive impact finance and sustainability-linked loans. Positive impact finance comprehensively analyzes and assesses the impact (both positive and negative) that corporate activities have on the economy, society and the environment. Targets are then set for mitigating negative impacts and increasing positive impacts, and the financing is aimed at supporting continual efforts to achieve these objectives. Sustainability-linked loans are loans designed to promote environmentally and socially sustainable economic activity and growth by encouraging companies to set sustainability performance targets to achieve their sustainability goals, and by providing interest rate changes and other incentives linked to the progress of the company's sustainability goals.

Aiming to resolve social issues and achieve sustainable growth for our group, from 2023 we have been redefining our major objectives (materiality) to incorporate short-, medium-, and long-term perspectives, and we are beginning these initiatives. In this manner, we will continue to contribute to the achievement of our SDGs and the realization of a sustainable society.