Mitsubishi Heavy Industries, Ltd.

Unverified
XFID Unique Identifier for Mitsubishi Heavy Industries, Ltd.: XOZVL5GCL4
Sector
Machinery
Website
www.mhi.com
5 Second Party Opinions
1 Assurance Report
1 Framework
XFID Type Title Year Source Retrieved
XF-X5M22BU-B Second Party Opinion JCR Provided a Second Opinion on Positive Impact Assessment Provided by Sumitomo 2024 www.jcr.co.jp 31 Mar 2026
XF-V67OOEE-8 Assurance Report MHI Green/Transition Framework DNV SPO 2024 www.mhi.com 31 Mar 2026
XF-UHO26J3-4 Framework MHI Green/Transition Finance Framework 2024 2024 www.mhi.com 31 Mar 2026
XF-RS98312-E Second Party Opinion Mitsubishi Heavy Industries, Ltd. Green Bond Second-Party Opinion 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-IX8O7X5-3 Second Party Opinion Mitsubishi Heavy Industries, Ltd. Green Bond Second-Party Opinion 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-H96ONXF-H Second Party Opinion Mitsubishi Heavy Industries, Ltd. Green Bond Second-Party Opinion (Japanese) 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-AK7ECSB-S Second Party Opinion Mitsubishi Heavy Industries, Ltd. Green Bond Second-Party Opinion (Japanese) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026

XF Company Profile

Extra-financial information found across 7 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 (Issuer Identity & Structure)
Mitsubishi Heavy Industries, Ltd., Japan (Tokyo) SPO 2021 2021
Issuer sector/industry classification (Issuer Identity & Structure)
Manufacturing
Primary products or materials produced (Issuer Identity & Structure)
Established as Nagasaki Shipyard & Machinery Works ASSURANCE 2024 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version (Green / Sustainable Finance Framework)
Mitsubishi Heavy Industries, Ltd. Green/Transition Finance Framework FRAMEWORK 2024 2024
Eligible use-of-proceeds categories (Green / Sustainable Finance Framework)
Renewable Energy/Clean Energy SPO 2021 2021
Framework publication date and update history (Green / Sustainable Finance Framework)
August 2024, with prior frameworks from 2021 and 2020; updated in August 2024 with addition of new projects ASSURANCE 2024 2024
Project evaluation and selection process description (Green / Sustainable Finance Framework)
Business divisions evaluate and select projects; Finance divisions confirm compliance with eligible criteria; CSR framework applied to all allocation decisions SPO 2021 2021
Management of proceeds approach (Green / Sustainable Finance Framework)
Finance department regularly tracks allocation of proceeds using internal management systems at least annually SPO 2021 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
Green Bond Principles 2021 and Green Bond Principles 2018 SPO 2021 2021
Alignment with UN Sustainable Development Goals (Standards & Regulatory Alignment)
SDG 7 - Affordable Clean Energy, also referenced as SDG 7 'Energy for all and clean energy' SPO 2021 2021

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
Sustainalytics, July 30, 2021 SPO 2021 2021
Assurance provider name and engagement period (External Review & Verification)
DNV Business Assurance Japan K.K., August 2, 2024 ASSURANCE 2024 2024
SPO preliminary evaluation or credibility rating (External Review & Verification)
Credible and impactful SPO 2021 2021
SPO assessment scope and methodology (External Review & Verification)
Aligned with Principles for Positive Impact Evaluation, Model Framework for Financial Products for Corporate with Unspecified Use of Proceeds (UNEP FI), and Concept Paper on Impact Finance SPO 2024 2024
Assurance scope (use of proceeds, project selection, reporting) (External Review & Verification)
Use of proceeds, project selection, and internal management systems for allocation and unallocated funds SPO 2021 2021

Sustainability & Climate Commitments

Net zero target year (Sustainability & Climate Commitments)
2040 FRAMEWORK 2024 2024
Contributions to Customers' Scopes 1&2 Reductions (Sustainability & Climate Commitments)
MHI Group contributes to customers' Scopes 1 & 2 CO2 emission reductions FRAMEWORK 2024 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy (Corporate Strategy & Mission)
MISSION NET ZERO - 2040 Carbon Neutral Declaration with CO2 emission reduction targets and roadmap to achieve carbon neutrality FRAMEWORK 2024 2024
Sustainability strategy pillars and focus areas (Corporate Strategy & Mission)
Environmental targets, CO2 emission reduction targets, and roadmap to achieve carbon neutrality as part of sustainability framework FRAMEWORK 2024 2024

Changes Over Time

Items where disclosed information changed across documents.

Alignment with ICMA Green Bond Principles
2020 2018 Green Bond Principles - compliant with all four requirements
2021 Conforms to Green Bond Principles 2021 (all four requirements)
Sustainable bond framework name and version
2021 Mitsubishi Heavy Industries Green Bond Framework 2021
2024 MHI Green/Transition Finance Framework Revision 1
SPO assessment date
2024 2 August 2024
2024 March 29, 2024
Corporate mission and sustainability strategy
2024 MISSION NET ZERO - carbon neutrality by 2040 through Growing Core Businesses and Future Growth Areas (hydrogen, ammonia, CCUS)
2024 MISSION NET ZERO - 2040 Carbon Neutral Declaration