NYK invests in projects with ‘green’ loan

This is Japan’s first syndicated loan to be certified by Japan Credit Rating Agency (JCR) with its highest ranking of ‘Green 1’ demonstrating that the loan is aligned with the core components of the Green Loan Principles.

NYK plans to integrate environmental, social and governance (ESG) initiatives into its management strategy by establishing new medium to long-term environmental targets.

To achieve these goals, NYK was the first company in the global shipping industry to issue labelled green bonds. Following that, the company received a green loan from Taiyo Life Insurance Company in December 2018.

This syndicated loan is also the first ESG management support loan for MUFG Bank and Mitsubishi UFJ Research and Consulting Co. NYK’s industry-leading ESG management received MURC’s highest ESG evaluation.