Utilizing JCM projects under Sustainability Linked Loan

2021.02.28

Tokyo Century Group has established key issues (materiality) based on Sustainable Development Goals (SDGs) to promote sustainability management. Tokyo Century is implementing several energy efficiency and renewable energy projects under the JCM Model Project in South-East Asia and contributing to SDGs and GHG emission reduction. Tokyo Century also utilizes the sustainability linked loan to promote sustainability management with setting sustainability performance targets (SBTs) contributing to their materiality. Regarding one of the materiality ‘Contribution to decarbonized society’, ‘Achievement of the expected GHG reduction from implementing JCM projects by 2023’ is set as a corresponding SPT. It is aimed to promote their activities for GHG emission reduction by linking financing condition with progress of the SPTs.