Green Bond Fact Sheet

This fact sheet details a JPY 8 billion green bond issued by Japan Retail Fund Investment Corp on May 25, 2018, to fund the acquisition of certified energy-efficient buildings.

• Japan Retail Fund Investment Corp issued a green bond on May 25, 2018, with a total amount of JPY 8 billion (approximately USD 73 million) and a maturity date of May 25, 2023.
• The proceeds of the bond are dedicated to acquiring new or existing buildings that meet specific certification standards: either 3, 4, or 5 stars under the DBJ Green Building Certification Programme, or a B+, A, or S rank under the CASBEE Certification Rank.
• Japan Retail Fund Investment Corp, a real estate investment trust (REIT) listed on the Tokyo Stock Exchange since 2002, is the first and largest REIT in Japan to focus specifically on retail property assets.
• The issuer committed to annual reporting on its website regarding the book value of Eligible Green Projects, debts of those projects, and total outstanding green bonds as of late February. Reporting will also include quantitative indicators for CO2 emissions, fuel consumption, electricity consumption, and water consumption.
• The Climate Bonds Initiative noted that the eligibility thresholds for the CASBEE and DBJ certifications used in this bond are at the middle-to-upper end of their respective schemes, and encouraged the use of high-end certification levels to increase environmental impact.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-05%20JP%20Japan%20Retail%20Fund%20Investment%20Corp.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-05%20JP%20Japan%20Retail%20Fund%20Investment%20Corp.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=18 May 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-05%20JP%20Japan%20Retail%20Fund%20Investment%20Corp.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = may, url = {https://www.climatebonds.net/files/drupal-files/files/2018-05%20JP%20Japan%20Retail%20Fund%20Investment%20Corp.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }