artience Co., Ltd.
Contracted an Environmental Assessment Loan "Mizuho Eco Finance"
[The following text was translated using artificial intelligence.]
artience Co., Ltd. (President and Representative Director Satoru Takashima, Chuo-ku, Tokyo) and Mizuho Bank, Ltd. (President & CEO Masahiko Kato, Chiyoda-ku, Tokyo, hereinafter referred to as "Mizuho Bank") have entered into a syndicated agreement on "Mizuho Environmentally Conscious Finance" (hereinafter referred to as "Mizuho Eco Finance").
Mizuho Eco Finance is an environmental assessment loan product designed by Mizuho Bank and Mizuho Research & Technologies, Ltd. (President & CEO Masatoshi Yoshihara, Chiyoda-ku, Tokyo, hereinafter referred to as "Mizuho Research & Technologies") to promote efforts toward the transition to a decarbonized society. Using an environmental assessment model developed by Mizuho Research & Technologies that incorporates globally reliable environmental certifications, assessments, etc., Mizuho Research & Technologies will score corporate initiatives and indices and provide loans to companies that meet or exceed a certain score.
artience group has set addressing climate change as one of the group's key issues (materiality) and is working to reduce CO2 emissions at its production sites in Japan and overseas. The Group's Sustainability Vision "asv2050/2030" calls for the group's CO2 emissions (Scope 1+2) to "achieve carbon neutrality (virtually zero CO2 emissions from production activities) in FY2050. Furthermore, in order to reduce domestic emissions in FY2030 by 35% from the FY2020 level and overseas emissions by 35% from the FY2030 BAU level, we are working on measures such as continued energy conservation, conversion to renewable energy, and production process reform.
We also develop and supply low-carbon products (biomass, recycled products, etc.) that reduce CO2 emissions when used by client companies, climate change-responsive products (heat shielding, thermal control, etc.) that enable client companies and consumers to adapt to the advance of global warming, and secondary battery materials (lithium-ion batteries electrodes, etc.) to help customers move away from fossil fuels, and to create business opportunities in climate change. These efforts have been highly evaluated by several ESG evaluation organizations, and we believe that they have led to the Mizuho Eco Finance loan agreement.
The artience Group is fully committed to the challenge of reforming its business activities and corporate foundation under its new medium-term management plan "artience2027," which was launched this fiscal year. We will practice sustainability management to maximize corporate value and contribute to a sustainable society. We will continue to fulfill our social responsibility regarding the environment, including our response to climate change, in all our business activities, and strive to contribute to improving the sustainability of society.
BAU (Business as usual) ratio: Comparison with the assumed emissions if no measures were taken to address the increase in CO2 emissions associated with business growth and expansion
For more information on Mizuho Eco Finance, please visit the following URL on the Mizuho Bank website.