Asahi Kasei Corporation

Unverified
Country
Japan
Sector
Chemicals
Website
www.r-i.co.jp
2 Second Party Opinions
1 Impact Report

XF Company Profile

Extra-financial information found across 3 documents in the XframeworkID registry

NACE C Manufacturing

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Asahi Kasei Corp., Japan (Tokyo) SPO 2020 2020
Issuer sector/industry classification
Chemical Manufacturing; Materials, Housing, Healthcare sectors SPO 2020 2020
Primary products or materials produced
Chemicals; materials for materials sector, housing solutions, healthcare products SPO 2020 2020
Core business activities and geographic focus
Holding company for Asahi Kasei Group; operations across materials, housing, and healthcare sectors; hydroelectric power generation for internal use in Nobeoka district factories SPO 2020 2020

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Asahi Kasei Green Bond Framework SPO 2020 2020
Bond types covered under framework
Green Bond SPO 2020 2020
Eligible use-of-proceeds categories
Renewable energy - hydroelectric power generation facility renovation SPO 2020 2020
Project evaluation and selection process description
Multi-stage process: Sustainability Promotion Department and Energy Division identify candidates; re-evaluation by Sustainability, Corporate Planning and Finance Departments based on eligible criteria and company vision; final confirmation by Board of Directors (President as chair) SPO 2020 2020
Management of proceeds approach
Internal tracking system managed by Finance Department on semi-annual basis; unallocated funds held in cash or cash equivalents; allocation and environmental impact reported annually SPO 2020 2020
Reporting commitments under framework
Annual disclosure on website and Sustainability Report: allocation status (projects overview, amounts, allocation ratio, finance/refinance split, unallocated funds); environmental impact metrics (MW capacity, tCO2 reductions) SPO 2020 2020
Temporary investment of unallocated proceeds
Cash or cash equivalents SPO 2020 2020
Refinanced vs. newly financed project distinction
Framework distinguishes between finance and refinance allocation ratios in reporting SPO 2020 2020
Green bond issuance date
June 2020 IMPACT 2022 2022
Project description and objectives
Renovation of hydroelectric power generation facilities constructed during Taisho era; upgrades aging facilities; supplies electricity to Nobeoka district factories for business operations IMPACT 2022 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2018 (GBP) - all four core components met SPO 2020 2020
Alignment with UN Sustainable Development Goals
SDG 7 - Affordable and Clean Energy SPO 2020 2020

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, 31 March 2020 SPO 2020 2020
SPO preliminary evaluation or credibility rating
Framework is credible and impactful; aligns with Green Bond Principles 2018 and Japanese Green Bond Guidelines 2020 edition SPO 2020 2020
Assurance conclusion or opinion statement
Framework is credible and impactful; aligns with GBP 2018 four core components; consistent with market practice for project evaluation, proceeds management, and reporting SPO 2020 2020

Impact Metrics & Reporting

Renewable energy capacity installed or procured
Hydroelectric power generation facilities undergoing renovation; capacity measured in MW SPO 2020 2020
Annual CO2e emissions avoided or reduced
CO2 emission reductions measured in tCO2 from renovated hydroelectric facilities SPO 2020 2020

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name
2020 Green Bond Framework →
2022 Asahi Kasei Green Bond
Eligible use-of-proceeds categories
2020 Renewable energy →
2022 Renewable energy - hydroelectric power facilities renovation
Management of proceeds approach
2020 Semi-annual tracking via internal management system; unallocated funds held as cash or cash equivalents →
2022 All proceeds allocated by end of FY2022 (March 2023)