NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at a workshop about bond sponsored by Corporate Finance and Treasury Association of JAPAN (CFTAJ) in Tokyo on November 12. A green bond is one in which the proceeds are used solely for the purpose of funding environment-friendly projects.
Representation Image – Credits: wikimedia.org
At the workshop, Yuichi Shirane, deputy manager of NYK’s Corporate Finance Team in the Finance Group, made a presentation about the background, purpose, and effect of the green bond issuance, and the difficulty experienced before issuing.
NYK will keep a wide range of stakeholders involved in the company’s proactive approach to environmental investment, contribute to revitalizing the domestic green bond market, and aim to realize a sustainable society.
Reference: nyk.com
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