Promoting Diversity
SEIBU Seibu Holdings Inc. uses sustainable finance to fund its sustainability actions.
Sustainable Finance Framework
To achieve the outcomes set forth in the Seibu Group Long-Term Strategy 2035, we formulated this framework to expand funding through sustainable finance, with the aim of realizing the materiality established to promote both a sustainable society and the Seibu Group¡¯s sustained and robust growth. This framework enables to implement ¡°Sustainability-Linked Finance,¡± which links the achievement of targets based on our sustainability strategy to financing terms for bonds and loans, as well as ¡°Sustainability Finance,¡± where funds are allocated to green, nature, and social projects.
Furthermore, regarding compliance with these principles, we have obtained a third-party opinion on the Sustainability-Linked Finance Framework from Japan Credit Rating Agency, Ltd. (JCR), a third-party rating agency. In addition, regarding the Sustainability Finance Framework, we have received the highest ratings in both the ¡°JCR Sustainability Finance Framework Assessment¡± (¡°SU1 (F)¡±) and the ¡°JCR Nature Finance Framework Assessment¡± (¡°Nature1 (F)¡±).
¡öSustainable Finance Framework Information
View details below.
ESG Bonds
| Item | Issue date | Maturity date | Rate | Outstanding balance |
|---|---|---|---|---|
| 4th series unsecured straight bond (With Inter-Bond Pari Passu Clause) (Green Bonds) |
December 12, 2019 |
December 12, 2029 |
0.270% |
?10.0 billion |
| 5th series unsecured straight bond (With Inter-Bond Pari Passu Clause) (Green Bonds) |
June 16, 2021 |
June 16, 2026 |
0.180% | ?10.0 billion |
| 6th series unsecured straight bond (With Inter-Bond Pari Passu Clause) (Green Nature Bonds) |
April 23, 2026 |
April 23, 2031 |
2.223% | ?10.0 billion |
| 7th series unsecured straight bond (With Inter-Bond Pari Passu Clause) (Social Bonds) |
April 23, 2026 |
April 23, 2036 |
2.938% | ?10.0 billion |
Sustainability Linked Loans
| Date of execution | Lenders | Contract amount | KPI/SPTs | News Release |
|---|---|---|---|---|
| March 31, 2021 | Sumitomo Mitsui Trust Bank, Limited | ?5.0 billion | Environmental footprint reduction targets (CO2 emission reduction targets) Reduction of CO2 emissions per basic unit (CO2 emissions per operating earnings) by 25% by fiscal 2030, relative to fiscal 2018 |
|
| March 31, 2023 | The Norinchukin Bank | \12.0 billion | Achievement of the Leadership Level (A or A-) in the CDP Scores for climate change disclosure | For more information |
| September 29, 2023 | The Hachijuni Bank, Ltd., Meiji Yasuda Life Insurance Company, Nippon Life Insurance Company, and The Norinchukin Bank | \5.989 billion | Achievement of the Leadership Level (A or A-) in the CDP Scores for climate change disclosure | For more information |
| February 22, 2024*1 | Development Bank of Japan Inc. | ?11.0 billion | KPI:Seibu Railway's CO2 emissions (Scopes 1 and 2) SPT:To reduce CO2 emissions by 46% or more compared to fiscal year 2018 by fiscal year 2030 based on the KPI |
|
| March 29, 2024 | The Dai-ichi Life Insurance Company, Limited | ?2.0 billion | Achievement of the Leadership Level A or sustain A- in the CDP Scores for climate change disclosure*2 | ©` |
| September 30, 2024 | Meiji Yasuda Life Insurance Company, The Shiga Bank, Ltd., Nippon Life Insurance Company | ?2.426 billion | Achievement of the Leadership Level (A or A-) in the CDP Scores for climate change disclosure | ©` |
| December 30, 2024 | The Dai-ichi Life Insurance Company, Limited | ?1.63 billion | Achievement of the Leadership Level A or sustain A- in the CDP Scores for climate change disclosure*2 | ©` |
| September 30, 2025 | Nippon Life Insurance Company, Meiji Yasuda Life Insurance Company | ?2.874billion | KPI¢Ù£ºSeibu Group's CO2 emissions (Scopes 1 and 2) KPI¢Ú£ºCDP Scores for climate change disclosure SPT¢Ù£ºTo reduce CO2 emissions (Scope 1 and 2) by 46% compared to fiscal year 2018 and by 5% compared to the previous fiscal year by fiscal year 2030 based on the KPI¢Ù SPT¢Ú£ºAchievement of the Leadership Level (A or A-) for the KPI¢Ú |
©` |
| March 31, 2026 | Hachijuni Nagano Bank, Ltd., The Shiga Bank, Ltd. | ?2.1billion | KPI¢Ù£ºSeibu Group's CO2 emissions (Scopes 1 and 2) KPI¢Ú£ºCDP Scores for climate change disclosure SPT¢Ù£ºAchievement of annual targets for KPI ¢Ù set through linear interpolation toward the FY2035 or FY2040 targets. SPT¢Ú£ºAchievement of the Leadership Level(A or A-) for the KPI¢Ú |
©` |
*2 Base year is CDP2023 Score (Climate Change Score A-)
Others
| Contract | Date of execution | Lenders | Contract amount |
|---|---|---|---|
| Mizuho Eco Finance | April 7, 2026 | Mizuho Bank, Ltd. and 6 other banks | Commitment Line: ?90billion |