Tokiwa Phytochemical Co., Ltd. (President: Jin Tatsuzaki , hereinafter “the Company”) is pleased to announce that it has issued the “Empowering the World” private bonds offered by Mitsubishi UFJ Bank, Ltd. (President & CEO: Junichi Hanzawa, hereinafter “Mitsubishi UFJ Bank”), raising 300 million yen in funds.
These private bonds entail Mitsubishi UFJ Bank subscribing to the Company’s bonds and allocating 0.1% of the subscription amount (up to 1 million yen per case) to ESG-promoting organizations tackling environmental and social issues.
The Company, guided by its corporate philosophy of being a company “thrives because of plants, and we will always be grateful to what they provide us with,” sets non-financial goals ” thrives because of plants”, Recognizing the necessity of ESG management to become a company nurtured by the Earth, society, and people, the Company is committed to various initiatives such as achieving 99% carbon neutrality at its main factory, reusing extraction residues, and implementing educational CSR activities. The issuance of these private bonds is part of the Company’s ESG management efforts, contributing to the realization of sustainable environmental and social initiatives.
The Company will continue to promote ESG management and aim to realize a well-being society beyond the SDGs, with 2030 as the goal.
*Please check Mitsubishi UFJ Bank’s press release.
https://www.bk.mufg.jp/houjin/info/pdf/sekaigasusumu_contract_mar_2024.pdf