Sustainable Finance
Through the implementation of its corporate philosophy, NTN Group aims to realize a “NAMERAKA Society” where people can easily lead a secure and fulfilling life in harmony with nature. In December 2021, we formulated a roadmap for realizing a “NAMERAKA Society” which identifies related materiality based on ESG issues and its corresponding initiatives, and are promoting initiatives to resolve social issues such as realization of carbon neutrality.
We will actively utilize sustainable finance, which links the achievement of our goals in our sustainability activities with the conditions of loans, to accelerate the implementation of each initiative through stable financing, thereby achieving sustainable growth and enhancing corporate value while contributing to the resolution of social issues.
NTN Sustainability Linked Finance Framework
We have created a sustainability linked finance framework that sets out the requirements for achieving our sustainability activities and reporting that are linked to the terms of the loan. This framework will be utilized for sustainable finance agreements with each financial institution.
NTN Sustainability Linked Finance Framework (PDF: 1KB)
Loans
Sustainability linked loan | ||||
---|---|---|---|---|
Effective Date | Loaner | Term | Total Amount | NTN Press Release |
October 6, 2023 | Norinchukin Bank | 5 years /6 years |
10 billion yen | Click here for Press Release |
November 27, 2023 | Meiji Yasuda Life Insurance Company | 4 years | 1 billion yen | - |
January 30, 2024 | The Chugoku Bank, Ltd. | 5 years | 1 billion yen | - |