Green Bond Fact Sheet
Summary
This fact sheet details a JPY 10 billion (USD 89 million) green bond issued by JACCS Co., Ltd. on April 16, 2019, to refinance loans for the installation of solar power generation systems for individual and corporate customers in Japan.
Key insights
- JACCS Co., Ltd. issued a senior unsecured green bond on April 16, 2019, with a total amount of JPY 10 billion (approximately USD 89 million) and a maturity date of April 16, 2024.
- The proceeds from the bond are intended to refinance loans provided to corporate and individual customers for the installation of solar power generation systems, as verified by JCR.
- Reporting on unallocated funds is not currently expected because the proceeds will be used immediately to redeem commercial paper. However, JACCS intends to provide annual website disclosures regarding estimated CO2 reductions and power generation from eligible solar loans.
- The Climate Bonds Initiative notes that this issuance represents the 10th green bond issued in Japan in 2019 and highlights a trend of Japanese credit business corporations issuing green bonds for solar loans, a practice less common in other nations.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20JACCS.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20JACCS.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=23 April 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20JACCS.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20JACCS.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated