The Oji Group’s Green Finance
In September 2020, the Oji Group established “Environmental Vision 2050” and “Environmental Action Program 2030.” With the inclusion of CO₂ absorption and fixation by forests, the Oji Group has set a goal of achieving virtually zero greenhouse gas emissions by 2050. As a milestone toward this goal, the Oji Group targets a reduction of more than 70% in GHG emissions by FY2030 compared to FY2018.
In May 2025, the Group established a new milestone, the “Environmental Action Program 2040,” and set a target to offset total carbon emissions by 2040.
To make the entire Group’s efforts to achieving these targets, the Oji Group has established a green finance framework.
By utilizing funds raised via green bonds and green loans, the Oji Group will promote initiatives to realize a decarbonized society.
Green Financing Framework
“Oji Holdings Corporation Green Financing Framework” has been developed to address the four key pillars in line with the principles and guidelines listed below:
- “Green Bond Principles 2021” by the International Capital Market Association (ICMA)
- “Green Loan Principles 2021” by the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA) and the Loan Syndications and Trading Association (LSTA)
- “Green Bond and Sustainability Linked Bond Guidelines 2022” by Ministry of Environment Japan
- “Green Loan and Sustainability Linked Loan Guidelines 2022” by Ministry of Environment Japan
The Oji Group has obtained a second party opinion from DNV Business Assurance Japan K.K., an independent external reviewer, that the framework is aligned with these principles and guidelines. In the development of the framework and the acquisition of the second party opinion, Nomura Securities Co., Ltd. provided support as a structuring agent to provide advice and other assistance.