NYK entered into a 9 billion yen syndicated loan agreement in which the proceeds will be used solely for the purpose of funding environment-friendly projects. This is Japan’s first syndicated loan to be certified by Japan Credit Rating Agency Ltd. (JCR) with its highest ranking of “Green 1,” thus demonstrating the loan to be aligned with the core components of the Green Loan Principles.
1. Background
NYK’s medium-term management plan includes the group’s intent to integrate environmental, social,...
https://www.marineinsight.com/shipping-news/nyk-signs-japans-first-esg-management-support-loan/