About Tokyo Tech
About Tokyo Tech
Tokyo Institute of Technology continues to enhance its management reforms with the aim of realizing a virtuous cycle of knowledge creation and transfer through outstanding education and research. As part of these reforms, the Institute has achieved an AA+ stable credit rating to further bolster public confidence.
As part of its strategy to realize a world-leading science and technology university, the Institute has developed its first Sustainability Bond Framework to finance the Tokyo Tech Cross-Campus Innovation Ecosystem 2031 Initiative.
This framework aims to support the Tokyo Tech Cross-Campus Innovation Ecosystem 2031 Initiative by allocating funds raised through the Institute's sustainability bonds — Tsubame Bonds — to projects that redevelop Tokyo Tech campuses and help create a highly advanced educational and research environment. The framework will form the foundations for a more diverse ecosystem and a hub where people from around the world gather to learn, work, and conduct research, and will also make significant contributions to achieving carbon neutrality.
Tokyo Tech's Sustainability Bond Framework is characterized by projects that serve as the basis for solving environmental issues through education and research. These projects adhere to certain green criteria. Through the establishment of the Laboratory for Zero-Carbon Energy at the Institute of Innovative Research, the launch of the Tokyo Tech Green Transformation Initiative (GXI), and other efforts, this framework aims to spearhead the creation of social infrastructure that helps to realize a carbon-neutral society.
A third-party evaluation of Tokyo Tech's Sustainability Bond Framework was conducted by Rating and Investment Information, Inc. (R&I). R&I's second opinion states that the framework complies with Green Bond Principles 2021, Social Bond Principles 2021, Sustainability Bond Guidelines 2021, and other principles and guidelines published by the International Capital Market Association (ICMA).
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Categories in Green Bond Principles |
Eligibility criteria |
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- Energy efficiency |
Activities newly established under Article 8, Item (iv) of the Cabinet Order for Partial Revision of the Order for Enforcement of the National University Corporation Act of 2020, and activities considered as part of the Tokyo Tech Cross-Campus Innovation Ecosystem 2031 Initiative that will serve as the basis for solving environmental issues through education and research |
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- Green buildings |
Activities newly established under Article 8, Item (iv) of the Cabinet Order for Partial Revision of the Order for Enforcement of the National University Corporation Act of 2020, and real estate that has achieved or will achieve one of the following environmental certifications: |
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Categories in Social Bond Principles |
Eligibility criteria |
|---|---|
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- Access to essential services |
Activities newly established under Article 8, Item (iv) of the Cabinet Order for Partial Revision of the Order for Enforcement of the National University Corporation Act of 2020, and activities considered as part of Tokyo Tech Cross-Campus Innovation Ecosystem 2031 Initiative that will serve as the basis for solving societal issues through education and research |
Lead underwriter: Daiwa Securities Co. Ltd.
Joint lead underwriter: Mizuho Securities Co., Ltd.
Joint lead underwriter: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Sumitomo Mitsui Banking Corporation
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