Nikon Corporation, a leader in technological innovation, has announced the creation of its “Sustainability Linked Financing Framework” and plans to issue bonds linked to sustainability next October.
Sustainability-linked bonds represent a new form of investment that is directly linked to the achievement of predefined sustainability-related goals. This launch marks the first time that Nikon has ventured into issuing this type of bonds.
Nikon’s commitment to sustainability is reflected in one of its long-term goals for fiscal year 2050: achieving a decarbonized society.
The company has committed to reducing greenhouse gas (GHG) emissions in the Scope1 and Scope2 categories by an impressive 71.4%, compared to fiscal year 2013 levels, as part of its medium-term environmental goals for the fiscal year 2030.
These goals are intrinsically linked to Nikon’s long-term environmental vision.
Nikon joins coalition of companies to achieve carbon neutrality
The issuance of the Bonds, framed within this initiative, represents a significant step in Nikon’s continued commitment to its Long-Term Environmental Vision, seeking to realize a sustainable environmental vision.
This action reflects the company’s firm commitment to building a more sustainable society and reducing its carbon footprint.
Nikon is among the leading companies in adopting sustainable business practices and this sustainability-linked bond issuance is further testimony to its commitment to the environmental cause.
With this initiative, Nikon joins a growing list of companies that are using financial instruments linked to sustainability as an effective tool to drive sustainable business practices and contribute to the achievement of ambitious environmental goals.
Source: https://reporteasia.com/negocios/2023/09/13/nikon-emite-sus-primeros-bonos-vinculados-a-la-sostenibilidad-en-un-compromiso-ambiental-a-largo-plazo/
