Fujikura
aims to strengthen sustainability management
Fujikura Co., Ltd. (hereinafter referred to as the "Company") has decided to issue the company's first unsecured corporate bond (green bond) at its board of directors meeting held today. By issuing this green bond, we will further strengthen our environmental efforts and raise funds to contribute to the realization of a sustainable society
Background and Purpose – Promotion of sustainability management
Since its founding in 1885, the Fujikura Group has been using its DNA of "entrepreneurial spirit" to challenge new things in various fields such as information and communications, electronics, automobiles, and energy, as well as "technical Fujikura" to pursue technological innovation. We have contributed to the development of society.
Currently, in response to global challenges such as climate change and resource depletion, our company is promoting "sustainability management" with the aim of contributing not only to its own growth, but also to the realization of a sustainable society. As part of this, in 2016, we established the "Long-Term Environmental Vision 2050" and are working on four challenges to minimize the environmental impact.
Funds used through issuance of green bonds
The funds raised through the issuance of this green bond will be used for the following projects:
- Construction of a new factory at Sakura Plant
Our company is currently working on the construction of a new factory at the Sakura Plant, the Spider Web Ribbon® (SWR®), an intermittently adhesive fiber optical core wire, with the aim of becoming a carbon neutral factory. This new factory is our first facility to realize carbon neutrality. - Fukagawa Gazaria Energy Saving Measures
We will strengthen our energy saving measures to improve the energy efficiency of Fukagawa Gazaria, a complex facility owned and managed by our company. This will reduce the environmental impact of the entire facility and contribute to the creation of a sustainable city.
Green Bond Overview
Below is an overview of this green bond.
| Corporate bond name | Fujikura Co., Ltd. 18th Unsecured Corporate Bond (with special agreement for tie-up between corporate bonds only) (Green Bond) |
|---|---|
| Issued amount | 10 billion yen (planned) |
| Publication period | 5 years (planned) |
| Issue date | From March 2025 (planned) |
| Fund usage | ・Capital investment at the new SWR® factory at Sakura Office, purchase of renewable energy-derived electricity ・Construction of Fukagawa Gazaria LEGARE (BEI 0.59) |
| Leading securities company | Nomura Securities Co., Ltd. |
| Structure Agent* | Nomura Securities Co., Ltd. |
| Third Party Evaluation | Rating Investment Information Center Co., Ltd. (R&I) |
People who provide support for issuing green bonds through the formulation of the Structure Agent
Green Bond Framework and Second Opinion
When issuing green bonds, Fujikura has formulated a green bond framework that complies with the Green Bond Principles 2021 (ICMA) and the Ministry of the Environment's 2024 edition of the Green Bond Guidelines. In addition, the second opinion has been obtained from Rating Investment Information Center (R&I) Co., Ltd.
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here for more information on Fujikura Green Bond Framework
More details on the second opinion by R&I
Fujikura Group's long-term environmental vision 2050
The Fujikura Group is strengthening its efforts to reduce the environmental impact and is taking concrete measures to achieve zero CO2 emissions by 2050. This will take a step towards realizing a sustainable society.
Click here for more information on Fujikura Group Environmental Long-Term Vision 2050
Fujikura will continue to carry out environmentally friendly business activities and promote funding through green bonds to contribute to the realization of a sustainable society. As a new step, we will actively promote this initiative and fulfill our responsibility to the global environment of the future.
■Press release source - Fujikura Co., Ltd.
https://companydata.tsujigawa.com/company/2010601007861/
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