Pioneering Aozora ESG Framework Loan Drives Sustainable Finance
A Step Forward in Creating a Sustainable Society
Tokyo-based Sun Frontier Fudousan Co., Ltd., a subsidiary of Aozora Bank, Ltd., enthusiastically announced the successful completion of Aozora Positive Impact financing.
This significant milestone proudly marks the launch of the first positive impact finance initiative based on the Aozora ESG Framework Loan, a self-assessed and sustainable financing method thoughtfully offered by the bank.
Defining “Positive Impact Finance”
Striving Towards a Greener and More Socially Responsible Economy
Under the “Positive Impact Finance” concept, corporate activities are thoroughly analyzed to gauge their impact on the environment, society, and the economy. This innovative financing mechanism emphasizes continuous support for activities that leave a positive mark on the world while minimizing any negative repercussions.
On June 1, 2022, Aozora Bank received a second opinion from Rating and Investment Information, Inc., which significantly validated its compliance with international principles.
Additionally, the groundbreaking “Aozora Positive Impact Finance” initiative, meticulously evaluated by the United Nations Environment Program Finance Initiative, firmly conforms to the positive impact finance principles established by the United Nations Environment Program.
Advancing Sustainability through Corporate Values
Altruism and Responsibility at the Core
Aozora Bank’s Sustainability Vision passionately champions the realization of a sustainable society through business activities that embody its corporate credo of altruism.
Furthermore, the bank is dedicated to proactively addressing critical social issues, including protection, regional revitalization, and human resource development, as vital aspects of its materiality framework.
Delighted by the well-deserved recognition of their efforts, Aozora Bank warmly expresses gratitude for the unprecedented support received for the loan.
Moreover, guided by its founding corporate philosophy of preserving invaluable resources and nurturing lasting prosperity for all living beings, the Group remains unwaveringly committed to creating a sustainable society that fosters joy and happiness among its customers.
United Nations Environment Program Finance Initiative (UNEP FI)
Leading Global Financial Institutions Towards Sustainable Practices
The United Nations Environment Program (UNEP) is an integral subsidiary agency of the United Nations, established in 1972 to implement the Declaration on the Human Environment and the International Program of Action on the Environment.
Additionally, UNEP FI, a partnership involving over 200 global financial institutions, closely collaborates with UNEP to transition towards a financial system that seamlessly integrates governance considerations.
Empowering the SDGs through Financial Frameworks
UNEP FI formulated the “Principles for Positive Impact Finance” in January 2017, providing a financial framework to achieve the Sustainable Development Goals (SDGs). Companies disclose their contributions to the SDGs as key performance indicators (KPIs), while banks assess their positive impact and offer funding to further positive change.
As responsible financial institutions, lending banks diligently maintain continuous impact monitoring to ensure their contributions positively influence society and the environment. Furthermore, Aozora Bank’s pioneering steps in positive impact financing proudly herald a brighter and more sustainable future for all.
About Aozora Bank
Tokyo-based Financial Institution’s Commitment to Sustainable Finance
Aozora Bank, Ltd., is a leading financial institution in Japan. They proudly lead the charge in positive impact financing. Established on April 1st, 1957 as the Nippon Fudosan Bank, the institution later evolved into Aozora Bank in 2001.
Situated in Chiyoda-ku, Tokyo, Aozora Bank wholeheartedly serves a diverse clientele, providing a comprehensive range of financial services that encompass corporate banking, retail banking, and treasury operations.
A Trusted Name in Japan’s Financial Landscape
Aozora Bank Empowers Businesses and Individuals
Aozora Bank stands among Japan’s major banks, renowned for its comprehensive suite of financial services tailored to meet the unique needs of corporations and institutions, both locally and internationally.
The bank’s corporate banking division provides innovative solutions that empower businesses to thrive in a dynamic global landscape. Additionally, Aozora Bank’s retail banking services cater to individual clients, offering a host of banking solutions for their financial well-being.
Sources: THX News & Sun Frontier.
