JP Lease Products & Services Co., Ltd. (JLPS) has concluded a syndicated loan contract based on “SDGs Promotion Syndicated Loan” with Sumitomo Mitsui Banking Corporation (SMBC) serving as an arranger.

　

１．About "SDGs Promotion Syndicated Loan”

“SDGs promotion syndicated loan” is a loan product for which SMBC and The Japan Research Institute, Limited (JRI) check each enterprise’s current initiatives for attaining SDGs, analyze the logic of helping attain SDGs through their core business, and give a proposal for activities for achieving SDGs, when executing the syndicated loan.

　　

２．JPLS’s SDGs assessment results

JJRI assessed the initiatives of JLPS for attaining SDGs through its core business. 
As a result, it was concluded that JLPS is expected to help attain SDGs, because its “policy and goals” and “plans” for helping achieve SDGs are at a sufficient level.    

Evaluated businesses	Evaluation points that help attain SDGs	SDGs Target
Arrangement of lease of aircraft, mainly used ones. Part Out Business, in which we sell recyclable parts, such as aircraft engines, after their lease periods. Conversion Business, which converts passenger airplanes into cargo aircraft after their lease periods.	The lease, conversion, and part out businesses of used aircraft facilitate the recycling of aircraft and engine parts, contributing to the reduction of industrial waste.	Target 12 Responsible consumption and production
The business of operating and managing 25 power plants with a total output of 71.3 MW as the JIA Group, while creating the solar power generation fund of JLPS and selling their equities. In order to utilize the knowledge nurtured in the solar power generation business, JIA Group participates in projects for developing business with new renewable energy in cooperation with TUAT and venture firms. 　 The weeds around solar panels are removed by pastured sheep.	Contributing to the increase of supply of electric power through the solar power generation business. 　 Through the realization of biomass energy project and the biogas cogeneration project, the output of electric power from renewable energy is expected to increase further.	Target 7 Affordable and clean energy

　

３．Regarding the utilization of a syndicated loan contract

SDGs composed of 17 goals and 169 targets, which are common issues of the international society, were adopted at the U.N. General Assembly in September 2015. Accordingly, people put importance on corporate activities for attaining SDGs.
JLPS will utilize the syndicated loan based on “SDGs promotion syndicated loan” to procure funds for   Operating Lease Business until the silent partnership’s funds are transferred to investors.
With the corporate group’s ethos “Always be a company contributing to society by offering financial services.”, we will operate business and create value while keeping SDGs in mind, in cooperation with all stakeholders.

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