NYK introduced its initiatives of Green Bond

November 13 2018 Print This Article

NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by Corporate Finance and Treasury Association of JAPAN (CFTAJ) in Tokyo on November 12. A green bond is one in which the proceeds are used solely for the purpose of funding environment-friendly projects.

At the workshop, Yuichi Shirane, deputy manager of NYK’s Corporate Finance Team in the Finance Group, made a presentation about the background, purpose, and effect of the green bond issuance, and the difficulty experienced before issuing.

NYK will keep a wide range of stakeholders involved in the company’s proactive approach to environmental investment, contribute to revitalizing the domestic green bond market, and aim to realize a sustainable society.