Green Bond Fact Sheet

A fact sheet detailing a JPY 3bn green bond issued by Daiki Axis Co, Ltd on February 28, 2020, to finance solar and small-scale wind power projects in Japan.

• Daiki Axis Co, Ltd issued a senior unsecured green bond on February 28, 2020, with a total amount of JPY 3bn (approximately USD 27.6m) and a maturity date of February 28, 2030.
• The proceeds from the bond are designated for the company's solar power and small-scale wind power businesses.
• DNV GL provided the second party opinion and assurance report for the bond. The issuer is committed to annual reporting on its website regarding the allocation and management of proceeds, project progress, and environmental impacts, following the GBP and GBGLs and the 'Handbook Harmonized Framework for Impact Reporting June 2019'.
• Daiki Axis is identified as the most recent issuer in Japan to use a green bond for solar and wind renewable energy projects. In 2020, a total of six Japanese issuers have released green bonds in this sector, totaling JPY 39.5bn (USD 365mn).

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-02%20JP%20Daiki%20Axis.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-02%20JP%20Daiki%20Axis.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=29 April 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-02%20JP%20Daiki%20Axis.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2020-02%20JP%20Daiki%20Axis.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }