Green Bond Fact Sheet

This fact sheet details a JPY 5 billion green bond issued by Orient Corporation on April 12, 2019, to refinance 'Green Renovation Loans' for solar power and energy storage systems.

• Orient Corporation issued a senior unsecured green bond on April 12, 2019, with a total amount of JPY 5 billion (approximately USD 45 million) and a maturity date of April 12, 2024.
• The bond proceeds are dedicated exclusively to refinancing 'Green Renovation Loans' provided to corporate and individual customers. These loans funded the installation of photovoltaic power generation systems and ancillary equipment, such as battery storage and facilities for all-electric homes, to achieve CO2 reductions.
• The refinancing covers approximately 2,000 cases of advance payments. Most of the original loans ranged from JPY 2 million to JPY 3 million (roughly USD 18,000 to 26,000), with an average installed power output of 5.4 kW.
• Orient Corporation will manage the Green Renovation Loan Pool separately and intends to annually disclose the estimated CO2 savings and electricity generated by the solar systems on its website. JCR will conduct an annual third-party review of this reporting until the bonds mature.
• The Climate Bonds Initiative (CBI) noted the value of consumer-focused green lending aggregation but encouraged the issuer to adopt a green bond framework to disclose project eligibility requirements in line with market best practices.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20Orient%20Corporation.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20Orient%20Corporation.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 April 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20JP%20Orient%20Corporation.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%20Orient%20Corporation.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }