Feb. 14, 2025
Sumitomo Corporation

Issuance of Green Bonds

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno) has decided to issue Green Bonds in a domestic public offering format (hereafter, Green Bonds) based on the Sumitomo Corporation Sustainable Finance Framework developed and published on February, 2024. This is the third Green Bonds issuance following the first one issued in May 2022 (10 years / 20 billon yen) and the second one issued in September 2023 (10 years / 10 billon yen).

“Enriching lives and the world” is the corporate message of the Group. We are developing our business around the world with the aim of realizing a sustainable society and enriching people’s lives. We promote sustainability management based on a belief that sustainable society and sustainable growth for Sumitomo Corporation can be realized by allocating management resources in anticipation of the long-term shifting business landscape impacted by social issues.

As part of this promotion, Sumitomo Corporation has been actively engaging in sustainable finance and we intend to continuously issue Green Bonds based on market trends. We will keep promoting awareness of Sumitomo Corporation Group’s activities that contribute to sustainability among a wide range of stakeholders, and to promote such efforts from the viewpoint of financing.

Outline of Green Bonds

Name Sumitomo Corporation’s 68th unsecured bonds (Sumitomo Corporation Green Bond) (with an inter-bond pari passu clause)
Term to Maturity 5 years
Issue Amount 20 billion yen
Issue Date February 20, 2025
Interest Rate 1.234%
Use of proceeds
  • Renewable energy projects (wind, solar, geothermal)
  • Forestry businesses
  • Railway-related projects
  • Energy efficiency related business
  • Water-related projects
  • Green buildings projects
Lead Managing Underwriter
  • SMBC Nikko Securities Inc.
  • Daiwa Securities Co., Ltd.
  • Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Sumitomo Corporation’s Sustainable Finance

Japanese Link : https://www.sumitomocorp.com/ja/jp/sustainability/greenfinance
English Link : https://www.sumitomocorp.com/en/jp/sustainability/greenfinance


Inquiries
Corporate Communications Department, Sumitomo Corporation
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