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News Taiheiyo Cement secures a Transition-Linked Loan

Taiheiyo Cement secures a Transition-Linked Loan

Written by Global Cement staff 09 March 2023
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Japan: Taiheiyo Cement has obtained a Transition-Linked Loan, the first of its kind in the Japanese cement industry. The loan employs sustainability performance targets (SPTs) based on the company's 2030 interim sustainability targets and 2050 Carbon Neutral Strategy. The former consists in a 40% reduction in its total CO2 emissions, including Scope 3, and a 20% reduction in its Scope 1 and 2 CO2 emissions, between 2000 and 2030.

Last modified on 15 March 2023
Published in Global Cement News
Tagged under
  • Japan
  • Taiheiyo Cement
  • Sustainability
  • Finance
  • Loan
  • net zero
  • target
  • Strategy
  • Scope 3
  • GCW599
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