Sustainability Bond

Issuance of Kawasaki's First Sustainability Bond

～Strengthening Sustainability Management to Realize Group Vision 2030～
Kawasaki Heavy Industries, Ltd. has issued its first sustainability bond. Based on the framework for financing, Kawasaki plans to use the funds raised through public offering in the domestic market for the dissemination of the automated robotic PCR testing system and for projects to build a clean hydrogen supply chain. Starting with the issuance of the Bond, Kawasaki will accelerate its financing activities by sustainable finance*. Kawasaki aims to realize the Group Vision 2030, which was set last year as the company’s future vision for 2030 and contribute to the achievement of a sustainable future society.

* A general term for financing by companies and businesses that contribute to environmental and social sustainability, such as sustainability bonds/loans and/or sustainability-linked bonds/loans.

News

Summary of the Sustainability Bond

Company Kawasaki Heavy Industries, Ltd.
Tenor 10years
Amount 10 Billion Yen
Interest Rate 0.30%
Date of Issuance July 15, 2021
Date of Redemption July 15, 2031
Underwriters Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd., SMBC Nikko Securities Inc., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Structuring Agent* Mizuho Securities Co., Ltd.

* An agent who supports the issuance of sustainability bonds through the formulation of a framework and provides advice on obtaining second-party opinions.

Eligible Projects

Projects Eligibility Categories and Possible Effects Activities
1 Projects Related to the Popularization of the Automated PCR Testing System
  • Access to essential services
  • Socioeconomic improvement and empowerment

・Reducing the Burden of Physicians and Healthcare Workers and Preventing the Spread of COVID-19

・Contributing to the recovery and revitalization of economic activity

 Activities to the COVID-19
2 Projects Related to the Establishment of a Clean Hydrogen Supply Chain
  • Renewable energy
  • Clean transportation

・Realization of a large and stable supply and use of clean energy

 Activities to Hydrogen Society

Framework

Second Party Opinion

Please refer to the "Second Party Opinion" published by Rating and Investment Information, Inc. (R&I), a third-party organization.

URL: https://www.r-i.co.jp/en/news_release_suf/2021/06/news_release_suf_20210615_eng.pdfpdflink

Group Vision 2030



Material Issues (Materiality)



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