Green Bond Fact Sheet
Summary
Shimizu Corporation issued a JPY10.000m (USD92m) green bond on December 12, 2019, to refinance the YOKOHAMA GRANGATE office building. The building, scheduled for completion in February 2020, targets LEED 'gold' and CASBEE Yokohama S-rank certifications through energy-saving technologies and resilience standards for earthquakes and environmental disasters.
Key insights
- Shimizu Corporation issued a green bond on 12-12-2019 with a total amount of JPY10.000m (approximately USD92m), featuring a 5-year tenor and a maturity date of 12-12-2024.
- The proceeds from the bond are designated to refinance the construction of the YOKOHAMA GRANGATE office building, which is expected to be completed in February 2020. The building is designed for energy efficiency using district heating and cooling, LED lighting, radiant air conditioning, desiccant air conditioning, and double Low-E glass.
- The YOKOHAMA GRANGATE building is expected to receive 'gold' LEED official certification and a CASBEE Yokohama S-rank. Additionally, the building meets resilience standards to ensure safety during environmental disasters and earthquakes.
- Reporting for the green bond will occur annually via Shimizu Corporation's corporate report or website. Fund allocation status will be reported upon allocation, as proceeds are intended for immediate allocation, and impact reporting for the green building will follow ICMA recommendations.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12%20JP%20Shimizu%20Corporation.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-12%20JP%20Shimizu%20Corporation.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=12 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12%20JP%20Shimizu%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 = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2019-12%20JP%20Shimizu%20Corporation.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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