Furuyou Comprehensive Leasing <8424> announced on the 23rd that it has signed a contract for a "Sustainability Link Loan" in a syndication format arranged by Sumitomo Mitsui Bank.
This initiative aims to practice environmentally and socially sustainable economic activities and contribute to economic growth by establishing sustainability performance targets (SPTs) that align with the company's sustainability strategy, linking the loan conditions to Furuyou Leasing's performance against these targets.
The Conglomerates group aims for sustainable growth through the resolution of social issues and the simultaneous creation of economic value through practices of CSV (Creating Shared Value). Commitment to addressing challenges will be clarified through ESG finance, and continuous engagement (constructive dialogue) with stakeholders will be pursued.
The contract signing date is December 23, 2024, with the planned run date on December 25, 2024, and the composed amount is 30 billion yen. The arranger and agent is Sumitomo Mitsui Bank.
The SPTs include a CO2 reduction contribution target of 0.5 million tons-CO2/year for the fiscal year 2026 (ending March 2027) and human resource development related expenses (individual) exceeding 300% compared to the fiscal year 2021.