Green Bond Fact Sheet

Marui Group Co Ltd issued a JPY10bn (USD89m) green bond on 25-Oct-2018, marking the first such issuance from the consumer goods sector in Japan. The proceeds are dedicated to renewable energy (solar and wind), sourcing 100% renewable electricity, and achieving specific energy reduction targets (30% to 50%) through upgrades to lighting, HVAC, and electrical infrastructure.

• Marui Group Co Ltd is the first issuer of a green bond in Japan from the consumer goods sector.
• The bond issued on 25-Oct-2018 has a total amount of JPY10bn (USD89m) and a tenor of 5 years.
• Proceeds from the bond are allocated to solar and wind power generation, sourcing 100% of electricity from renewables, and specific energy efficiency upgrades. These upgrades include LED and guidance lights targeting at least 40% energy reduction, air conditioning, hot and cold water dispensers, cooling water pumps, escalators, and elevators targeting at least 30% reduction, and transformers targeting at least 50% reduction.
• The issuer has committed to annual reporting on environmental impacts and proceed allocations. These allocation reports will be reviewed by an independent auditor or a Second Party Opinion Provider to ensure compliance with the Green Bond Framework.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-10%20JP%20Marui%20Group%20Co%20Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-10%20JP%20Marui%20Group%20Co%20Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 October 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-10%20JP%20Marui%20Group%20Co%20Ltd.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2018-10%20JP%20Marui%20Group%20Co%20Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }