Expressway For the first time as a company, social finance
Get a third party rating!
2019 June 4
East Nippon Expressway Co., Ltd.
Gaikan Expressway(Oizumi JCT) construction site
Restoration work in the Great East Japan Earthquake (Joban Expressway)
NEXCO EAST(Chiyoda-ku, Tokyo) today receives a third-party evaluation (R & I social bond opinion) on social finance from Rating and Investment Information, Inc. (R & I, Chiyoda-ku, Tokyo)Expressway Acquired for the first time as a company.
Social finance is a means of raising funds that aims to be applied to businesses that solve social issues.
NEXCO EAST The funds that have been raised so far Expressway We have been engaged in social contribution activities such as "local revitalization," "disaster measures," "promotion of traffic safety," and "environmental conservation," for our business.
The four core elements of the social bond principle defined by the International Capital Market Association (ICMA) (“ Use of Procurement Funds”, “ Project Evaluation and Selection Process”), " Management of procurement funds", " Reporting".see Attachment【PDF: 340KB】In addition to formulating a social finance framework (this framework) in consideration of the above, we acquired the “R & I Social Bond Opinion” from R & I, a third-party evaluation organization, in order to ensure its transparency. In the future, NEXCO EAST Corporate bonds and borrowings procured through this framework will be treated as social finance.
NEXCO EAST Through this matter, while deepening your understanding of our business activities, we will continue working on social contribution activities by utilizing the funds raised.