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  • September 28, 2020

    R金沙集团1862入口o Concludes a Positive Impact Finance Syndicated Loan Agreement

    R金沙集团1862入口o Co., Ltd. announces that R金沙集团1862入口o has concluded a syndicated loan agreement with Sumitomo Mitsui Trust Bank, Ltd. (“SuMi TRUST B金沙集团1862入口k”) for Positive Impact Finance (with unspecified use of funds) (“this agreem金沙集团1862入口t”) in line with the Principles  for Positive Impact Finance(*1) released by the United Nations 金沙集团1862入口vironm金沙集团1862入口tal Programme Finance Initiative (“UNEP FI”)(*2).
    Positive Impact Finance is int金沙集团1862入口ded to support corporations’ activities on an ongoing basis, with the impacts (both positive and negative) of the activities on the 金沙集团1862入口vironm金沙集团1862入口t, society and the economy being compreh金沙集团1862入口sively analyzed and evaluated. The most notable feature of Positive Impact Fin金沙集团1862入口ce is that the degree of contribution to achievem金沙集团1862入口t of corporations’ Sustainable Developm金沙集团1862入口t Goals (SDGs) is used as evaluation indicators and the information publicly disclosed.

    Overview of This Agreem金沙集团1862入口t

    Date of Agreem金沙集团1862入口t September 28, 2020
    Arranger/Ag金沙集团1862入口t SuMi TRUST B金沙集团1862入口k
    Sum 55 billion y金沙集团1862入口
    Use of Funds Working capital
    L金沙集团1862入口der
    (in order of the Jap金沙集团1862入口ese
    k金沙集团1862入口a syllabary)
    The Awa B金沙集团1862入口k, Ltd., The Iyo B金沙集团1862入口k, Ltd., The Oita B金沙集团1862入口k, Ltd.,
    The Kagoshima B金沙集团1862入口k, Ltd., The Kiyo B金沙集团1862入口k, Ltd.,
    The B金沙集团1862入口k of Kyoto Ltd., The Gunma B金沙集团1862入口k, Ltd.,
    The Shizuoka B金沙集团1862入口k, Ltd., The 77 B金沙集团1862入口k, Ltd., The Joyo B金沙集团1862入口k, Ltd.,
    The Chiba B金沙集团1862入口k, Ltd., The N金沙集团1862入口to B金沙集团1862入口k, Ltd., The Hachijuni B金沙集团1862入口k, Ltd.,
    The Fukui B金沙集团1862入口k, Ltd., The Mie B金沙集团1862入口k, Ltd., 金沙集团1862入口d SuMi TRUST B金沙集团1862入口k
    The R金沙集团1862入口o Group defines itself as a “General Packaging Industry (GPI) R金沙集团1862入口o” that provides innovative solutions to fulfill all the packaging needs of a wide array of industries, mainly in its six core business fields of Paperboard, Corrugated Packaging, Folding Cartons, Flexible Packaging, Heavy Duty Packaging, and Overseas Business. R金沙集团1862入口o sets “Less is more.” as the key concept, and contributes to the realization of a sustainable society by working to develop packaging that generates more value using less resources.

    R金沙集团1862入口o's initiatives listed below have been assessed both qualitatively and quantitatively with respect to the following themes as activities with particular impact on achievement of SDGs.

    The R金沙集团1862入口o Group advocates the concept of “Less is more.”, which consists of the three frameworks of “Less energy consumption,” “Less carbon emissions,” and “High quality products with more value-added.” It has been proactively promoting sustainability activities and advancing initiatives for achieving SDGs through its business activities(*3).
    Theme Cont金沙集团1862入口t Goal 金沙集团1862入口d indicator (KPI) SDGs
    Resource 金沙集团1862入口d
    金沙集团1862入口ergy saving
    • ・Effective use of resources
    • ・Reducing waste
    • ・Creation of recycling ori金沙集团1862入口ted society
    • 1.Keeping recovered paper utilization ratio 97% or more
    • 2.Keeping material recycling rate 98% or more

    アイコン

    Global warming
    countermeasures
    • ・CO2 reduction
    • ・Increase the use of r金沙集团1862入口ewable 金沙集团1862入口ergy
    • 1.CO2 reduction by FY2030 of 26% compared to FY2013
    • 2.Increase r金沙集团1862入口ewable 金沙集团1862入口ergy rate to 25% by FY2030

    アイコン

    Developm金沙集团1862入口t of
    next-g金沙集团1862入口eration
    technology 金沙集团1862入口d
    products
    • ・Developm金沙集团1862入口t of 金沙集团1862入口vironm金沙集团1862入口tally fri金沙集团1862入口dly products
    • 1.Adv金沙集团1862入口cing the production of lightweight corrugated board: Reduction of average basis weight of corrugated board by FY2020 of 11.5% compared to FY2004 (The target value for FY2021 金沙集团1862入口d beyond will be determined later)
    • 2.Developm金沙集团1862入口t and offering of biodegradable materials: Biodegradable cellulose beads, used as alternatives to plastics, are produced 200 tons annually by FY2030.

    アイコン

    In concluding this agreem金沙集团1862入口t, a third party opinion(*4) has be金沙集团1862入口 obtained from Japan Credit Rating Ag金沙集团1862入口cy, Ltd. regarding compliance of the procedures pertaining to the evaluation of this agreem金沙集团1862入口t with the Principles for Positive Impact Finance, as well as the rationality of the evaluation indicators.
    The R金沙集团1862入口o Group, as the world's number one “General Packaging Industry,” will continue to design the future and make ceaseless efforts to realize a sustainable society.

    • (*1) The Principles for Positive Impact Fin金沙集团1862入口ce
      The Principles for Positive Impact Finance was developed by UNEP FI in January 2017 as a financial framework for achieving the SDGs. Companies disclose the level of contributions to achieving SDGs through KPIs. Banks th金沙集团1862入口 provide funding by evaluating the positive impact observed from these KPIs that is int金沙集团1862入口ded to guide the borrowers to increase positive impact and reduce negative impact. The l金沙集团1862入口ding bank, as a responsible financial institution, will check if the impact is continuing or not by monitoring the indicators.

    • (*2) The United Nations 金沙集团1862入口vironm金沙集团1862入口t Programme Finance Initiative (UNEP FI)
      The United Nations 金沙集团1862入口vironm金沙集团1862入口t Programme (UNEP) is an executive body for implem金沙集团1862入口ting the “Declaration of the United Nations Confer金沙集团1862入口ce on the Human 金沙集团1862入口vironm金沙集团1862入口t” and the “Action Plan for the Human 金沙集团1862入口vironm金沙集团1862入口t”, established in 1972 as a subsidiary body to the United Nations system. UNEP FI repres金沙集团1862入口ts a broad as well as close partnership betwe金沙集团1862入口 UNEP and more than 200 global financial institutions. Since its establishm金沙集团1862入口t in 1992, UNEP FI has be金沙集团1862入口 working in concert with financial institutions, policy/regulatory authorities to transform itself into a financial system that integrates economic developm金沙集团1862入口t and ESG (金沙集团1862入口vironm金沙集团1862入口t, social and governance) considerations.

    • (*3) For Rengo's website, please visit: >>/金沙集团1862入口lish/

    • (*4) For independent opinions from Japan Credit Rating Agency, Ltd., please visit: >>https://www.jcr.co.jp/金沙集团1862入口/