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Execution of Chugin Sustainability-Linked Loan (Hiroshima Kasei Co., Ltd.)

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Chugoku Bank executed a 1 billion yen 'Chugin Sustainability-Linked Loan' to Hiroshima Kasei Co., Ltd. on March 31. The interest rate is linked to the achievement of CO2 reduction targets.

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Frequently Asked Questions

Q: What is the China Bank Sustainability-Linked Loan?
A: It is a China Bank loan product where the interest rate fluctuates, such as being reduced, based on the achievement of SDGs and ESG targets set by the company.
Q: What is the target (SPT) set by Hiroshima Chemical this time?
A: Specific figures are not provided in the press release, but the target is related to reducing 'actual CO2 emissions'.
Q: What is the scale of this loan?
A: The loan amount to Hiroshima Chemical is 1 billion yen (1,000 million yen), with a loan period of 5 years.