SMBC Home > News Release
Launch of SMBC Environmental Assessment Loan / Bond -Thailand-, and AEON Thana Sinsap (Thailand) Public Company Limited, the first company to utilize the bond.(1/1)
29th November 2013
SUMITOMO MITSUI BANKING CORPORATION
Launch of SMBC Environmental Assessment
Loan / Bond -
November 29th, 2013 --- Sumitomo Mitsui Banking Corporation (gSMBCh, President: Takeshi Kunibe) , announced today that Sumitomo Mitsui Banking Corporation have launched SMBC Environmental Assessment Loan / Bond -Thailand- designated for companies in Thailand, to support their environmental- friendly activities.
SMBC Environmental Assessment Loan / Bond -Thailand- was developed based on the same framework as SMBCfs domestic product named SMBC Environmental Assessment Loan / Bond which SMBC had started providing since 2008 in Japan. Under this loan / bond, the loan / bond condition will be determined based on the evaluation of the companyfs environmental measures, and the environmental evaluation report will be provided to further enhance the companyfs eco-management related activities.
AEON Thana Sinsap (Thailand) Public Company Limited, subsidiary of AEON@FINANCIAL SERVICE (CEO: Kazuhide Kamitani), is the first company in Thailand to make use of this new loan / bond product, SMBC Environmental Assessment Loan / Bond -Thailand-.
AEON Thana Sinsap (
AEON Thana Sinsap (Thailand) Public Company Limited, a member of AEON group, a retail and financial service company, is highly evaluated in terms of:;
1. its structure to the environment management, environment compliance and risk management following rules of action of Aeon group, also building a relation with a local society.
2. its work to
promoting the environment targets, paperless activities / reduction of energy
consumption / classification of garbage and carrying out leading company of
environment performance in
3. its various efforts to be continuously carried out in its social contribution activities including tree-planting program and local society project.
Through providing this new SMBC Environmental Assessment Loan / Bond -Thailand-, SMBC will continue its support in promoting environmental activities in Thailand, as well as globally.
iAppendixj
Overview of SMBC Environmental Assessment
Loan / Bond -
|
SMBC Environmental
Assessment Loan / Bond - |
SMBC
Environmental Assessment Loan / Bond |
||
General description |
Loan / Bond product
offered reflects an evaluation of customerfs EMS, taking into account of |
Loan / Bond product offered reflects
an evaluation of customerfs |
||
Commencement date |
November 2013 |
October
2008 |
||
Target company |
Companies
certified by ISO 14001 or an equivalent environment management system, and
satisfying SMBC certain standards. |
|||
Evaluating company |
Ernst & Young
ShinNihon LLC |
The
Japan Research Institute, Limited |
||
Amount |
USD 10Mil
equivalent (no currency restriction) or more |
min
JPY 100Mil |
||
Type |
Loan / Bond |
Loan / Bond |
||
Tenor |
More than 1 year
and within 10 years |
Loan: more than 1 year Bond: more than 2
years |
||
Interest rate |
Fixed interest by
SMBC (by fulfilling environment evaluation and financial condition and
security) |
|||
Commission fee (Contract only) |
e
@
Bond: described above + commission fee |
JPY 630 thousand (including tax) Bond: described above + commission fee |
||
Result |
Platinum{ |
Leading
the industry with E&S
initiatives derived from evaluated E&S opportunities/risks, in
alignment to the corporate vision/mission statement |
``` |
Implementing extremely excellent
environmental-friendly business management. |
Platinum |
Proactively
implementing E&S initiatives derived from evaluated E&S opportunities
/risks, in alignment to the corporate vision/mission statement |
`` |
Implementing excellent environmental-friendly business
management. |
|
Gold{ |
Proactively
implementing E&S initiatives based on company-wide environmental
management and a basic understanding of E&S issues in relation to its
business. |
` |
Implementing good environmentally-friendly business management. |
|
Gold |
Reasonable
E&S initiatives are in place, based on company-wide environmental
management and a basic understanding of E&S issues in relation to its
business. |
a |
Implementing a certain level of
environmental-friendly business management. |
|
Silver{ |
Necessary
E&S initiatives are in place, based on limited environmental management
and an understanding of the major E&S issues. |
b |
Implementing minimal environmentally-friendly business
management. |
|
Silver |
Ad-hoc
E&S initiatives are in place based on limited environmental management
and an understanding of the major E&S issues. |
c |
Implementing inadequate environmentally-friendly
business management. |
|
Bronze{ |
Ad-hoc
E&S initiatives are implemented based on limited environmental
management. |
d |
Not implementing environmentally-friendly business
management. |
|
Bronze |
Ad-hoc
E&S initiatives are implemented, with plans to establish an environmental
management system soon. |
¦ The evaluation of SMBC Environmental Assessment Loan / Bond -
Thailand- and SMBC Environmental Assessment Loan / Bond are presented in the
same column. But it does not mean they are both in the same level of
evaluation. |
||
Certified |
Limited
E&S initiatives are implemented without an environmental management |
|||
n/s |
E&S
initiatives are not implemented. |
*The monitoring results may not meet your expectations.
(Scheme)
SMBC Environmental Assessment Loan
/ Bond -
}[VAΕΜt[πfΪ΅ΔΊ³’B