Green Bond Fact Sheet

This fact sheet details a JPY 4,000 million (USD 36 million) green bond issued by Japan Excellent, Inc. (JEI) on August 10, 2018, to fund certified green buildings.

• Japan Excellent, Inc. (JEI) issued a green bond on August 10, 2018, with a total amount of JPY 4,000 million (approximately USD 36 million) and a tenor of 10 years.
• The proceeds of the bond are dedicated exclusively to buildings that achieve specific high-level third-party certifications: either 3, 4, or 5 stars from the DBJ Green Building Certification, or B+, A, or S rank from the CASBEE Certification.
• JEI has committed to reporting on the management of proceeds and outstanding bonds at issuance, with post-issuance reporting in December covering the book value and debt of eligible green projects. Annual disclosures at the end of March will include the number of eligible projects, their certification types, leasable floor space, CO2 emissions, and electricity and water consumption where JEI holds energy control authority.
• The Climate Bonds Initiative (CBI) notes that while green building certifications are important, it encourages JEI to adopt more ambitious standards and provide quantitative indicators to align with a 2-degree scenario and quantify environmental impacts.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-08%20Japan%20Excellent%20Inc.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-08%20Japan%20Excellent%20Inc.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=13 August 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-08%20Japan%20Excellent%20Inc.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 = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2018-08%20Japan%20Excellent%20Inc.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }