NYK signed two sustainability linked loan (SLL) agreements aligned with the Sustainability Linked Loan Principles set forth by the Loan Market Association and other organizations. These two agreements bring NYK’s total number of SLLs to four. The objective of the SLL is to promote and support environmentally and socially beneficial economic activities by linking corporate .
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Bridgestone Americas Underscores Commitment to Sustainability with New $1.1 Billion Credit Facility
February 5, 2021 GMT
NASHVILLE, Tenn., Feb. 4, 2021 /PRNewswire/ Bridgestone Americas, Inc., a wholly owned subsidiary of Bridgestone Corporation (“Bridgestone” or the “Company”) and a global leader in sustainable mobility solutions, announced the issue of a $1.1 billion sustainability-linked credit facility, one of the first of its kind in the U.S. tire industry.
The credit instrument underscores the commitment of Bridgestone to sustainable business practices and complements its 2050 Vision to become a sustainable solutions company that provides social and customer value.
Press release content from Business Wire. The AP news staff was not involved in its creation.
SMBC Launches Sustainability-Linked Loan for Overseas Japanese Customers
February 5, 2021 GMT
TOKYO (BUSINESS WIRE) Feb 5, 2021
Sumitomo Mitsui Banking Corporation (“SMBC”) (President and Group CEO: Makoto Takashima) announced today the launch of Sustainability-Linked Loan (“SLL”) financing for its overseas Japanese customer’s ESG (※1) and SDGs (※2) related activities.
The objective of SLLs is to promote and support environmentally and socially beneficial economic activities by linking corporate loan terms with a customer’s performance against mutually-agreed, sustainability performance targets (“SPTs”) consistent with a customer’s sustainability strategy. The objective of the SLL is to incentivize customers to improve their sustainability performance.
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