Green Bond Fact Sheet

This fact sheet details a JPY 10 billion (USD 92 million) green bond issued by Asahi Kasei Corp on June 19, 2020, to fund run-of-river hydroelectric power facilities.

• Asahi Kasei Corp issued a senior unsecured green bond on June 19, 2020, with a total amount of JPY 10 billion (approximately USD 92 million) and a maturity date of June 19, 2025.
• The bond proceeds are dedicated to run-of-river hydroelectric power facilities with generating capacities between 5 and 20 MW, including their maintenance and renovation. The framework explicitly prohibits the use of proceeds for fossil fuel power generation or hydroelectric facilities exceeding 20 MW capacity.
• Asahi Kasei will provide annual allocation reporting on its website and in its sustainability report until funds are fully allocated. This reporting will detail financed projects, the share of proceeds for each project, the split between financing and refinancing, and unallocated amounts.
• Annual impact reporting will be published on the company's website and sustainability report until the bond matures, tracking CO2 emissions reduced (tCO2) and total hydroelectric power generation capacity (MW).
• The bond received a second party opinion from Sustainalytics and credit ratings of AA- from Rating And Investment and AA from the Japan Credit Rating Agency.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-06_JP_Asahi_Kasei.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-06_JP_Asahi_Kasei.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 June 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-06_JP_Asahi_Kasei.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2020-06_JP_Asahi_Kasei.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }