In December 2024, the Group formulated the "Sustainability Linked Loan Framework (the "Framework" hereinafter). We set out Scope 1 and 2 reduction targets by FY2030 as Sustainability Performance Targets (SPTs) in the Framework. And this Framework has acquired second opinion from Rating and Investment Information, Inc. ("R&I" hereinafter) that it conforms to "Sustainability Linked Loan Principles (2023)" and "Expected Elements of Sustainability Linked Loans" of "Green Loan and Sustainability Linked Loan Guidelines (2024)."

Please click the button below to view the second opinion obtained by R&I.

The Group is actively engaged in the use of Green Loans, which are evaluated for borrowing for the purpose of financing green projects. In 2021, we obtained a "Green 1" in JCR Green Loan Rating from Japan Credit Rating Agency, Ltd. (JCR) for a loan from Aozora Bank for the construction of a logistics facility.

As of December 31, 2023

Tosei Reit Investment Corporation established a "Green Finance Framework" and issued green bonds in 2021, receiving the highest rating of "Green 1 (F)" from JCR. Through green finance, the corporation aims to further enhance its ESG initiatives and strengthen its fund-raising base by expanding the investor base interested in ESG investment.

When procuring funds from financial institutions for our Revitalization and Development Business, we take advantage of loan programs that banks evaluate "companies with ESG-conscious management." Under Hokuriku Bank's "Eco-Lead Master" environmental assessment loan program, we have received an "S-rank" rating a total of 13 times since 2010, and have received preferential interest rates. In the environmental rank evaluation of the loan system, we were evaluated for our "environmentally friendly business activities" and "ESG-conscious initiatives" being promoted throughout the Group. In addition, in 2021, we received an "A-rank" for "good ESG/SDGs initiatives and information disclosure" under SMBC's ESG/SDGs evaluation-type loan.