Green Bond Fact Sheet

This fact sheet details a JPY 5 billion green bond issued by Hitachi Zosen Corporation on September 21, 2018, specifically to finance waste-to-energy generation facilities.

• Hitachi Zosen Corporation issued a senior unsecured green bond on September 21, 2018, for an amount of JPY 5 billion (approximately USD 44 million) with a maturity date of September 21, 2021.
• The proceeds of the bond are dedicated to waste management, specifically waste-to-energy generation facilities. As of September 2018, the two eligible projects are the Kyoto South Clean Center EfW project, expected to be completed in March 2019, and the Energy-from-Waste Plant for Kikuchi Environmental Preservation Association, expected to be operational in March 2021.
• Hitachi Zosen Corporation is the first green bond issuer in Japan to fully allocate its proceeds to waste-to-energy (WTE) facilities.
• The issuer has established a reporting framework where information on the allocation of net proceeds will be provided annually during project construction, and impact reporting will be disclosed starting the following April after project completion.
• To ensure compliance with the Green Bond Framework, Hitachi Zosen engaged DNV GL to assess the financed projects one year after the bond's issuance.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Hitachi%20Zosen%20Corporation.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Hitachi%20Zosen%20Corporation.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 September 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Hitachi%20Zosen%20Corporation.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 = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Hitachi%20Zosen%20Corporation.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }