NEWS RELEASE
2023.10.31
Japanese Corporation
Notice of the Conclusion of a Loan Agreement based on “SDGs Promotional Support Syndicated Loan”
JP Lease Products & Services Co., Ltd. (JLPS) has concluded a syndicated loan contract based on “SDGs Promotional Support Syndicated Loan” with Sumitomo Mitsui Banking Corporation (SMBC) serving as an arranger.
1.About "SDGs Promotional Support Syndicated Loan”
“SDGs promotional Support 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.JLPS’s SDGs assessment results
JRI assessed the initiatives of both JLPS and Japan Investment Adviser(JIA), which is a parent company of JLPS, for attaining SDGs through its core business. As a result, it was concluded that JIA Group 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 |
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Target 12 Responsible consumption and production |
The weeds around solar panels are removed by pastured sheep.
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Target 7 Affordable and clean energy Target 17 Partnerships for the goals |
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Target 5 Gender equality Target 8 Decent work and economic growth |
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 promotional Support 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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