Toda Corporation

Unverified
XFID Unique Identifier for Toda Corporation: XO659U909X
Sector
Construction & Engineering
Website
www.r-i.co.jp
6 Second Party Opinions
1 Framework

Documents (7)

Framework Second Party Opinion
XFID Type Title Year Source Retrieved
XF-V8ENAVV-6 Framework R&I Green Bond Assessment 2020 www.r-i.co.jp 20 Mar 2026
XF-YHWLVT5-4 Second Party Opinion Toda Corporation Green Bond Framework Second-Party Opinion (Japanese) 2018 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-PS89I0R-A Second Party Opinion Toda Corporation Green Bond Framework Second-Party Opinion 2018 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-DKLWSL0-7 Second Party Opinion Toda Corporation Green Bond Framework (Japanese) 2017 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-EIPGQ66-M Second Party Opinion Toda Corporation Green Bond Framework (English) 2017 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-1H4TU25-5 Second Party Opinion Toda Corporation Green Bond Second-Party Opinion 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-XN37MVG-V Second Party Opinion Toda Corporation Green Bond Second-Party Opinion (Japanese) 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026

Press Coverage (16)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 7 documents in the XframeworkID registry

NACE F Construction

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
Toda Corporation, Japan (Tokyo) Second-Party Opinion 2020
Issuer sector/industry classification
Construction Second-Party Opinion 2020
Issuer type
Construction company Second-Party Opinion 2020

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Toda Corporation Green Bond Framework Second-Party Opinion 2020
Bond types covered under framework
Green bonds Second-Party Opinion 2020
Eligible use-of-proceeds categories
Renewable Energy, Green Buildings Second-Party Opinion 2020
Project evaluation and selection process description
Projects evaluated and selected by Strategic Business Promotion Office and Finance Department according to eligible criteria, followed by Board of Directors approval Second-Party Opinion 2020
Management of proceeds approach
Finance Department responsible for managing proceeds using internal system with quarterly tracking of eligible project budgets and actual expenditures Second-Party Opinion 2020
Reporting commitments under framework
Annual allocation status reporting (until full disbursement) and impact reporting (until full redemption) on company website and CSR report Second-Party Opinion 2020

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, 30 July 2020 Second-Party Opinion 2020
SPO preliminary evaluation or credibility rating
GA1 (Formal Assessment) - highest rating Green Bond Assessment 2020
SPO assessment scope and methodology
Assessment covers use of proceeds, process for project evaluation and selection, management of proceeds, reporting, and environmental activities of issuer Green Bond Assessment 2020

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligns with Green Bond Principles 2018 (four core components) Second-Party Opinion 2020
Alignment with UN Sustainable Development Goals
SDG 7 (Affordable and Clean Energy) and SDG 9 (Industry, Innovation and Infrastructure) Second-Party Opinion 2020
Alignment with Japan Green Bond Guidelines
Aligns with Japan Green Bond Guidelines 2020 Second-Party Opinion 2020

Impact Metrics & Reporting

Annual impact reporting commitment
Yes, committed to annual impact reporting including qualitative and quantitative environmental improvement indicators Second-Party Opinion 2020

Issuance Details

Bond instrument type
Unsecured corporate bonds (7th Series) Green Bond Assessment 2020
Years of green bond issuance history
Multiple issuances from 2017 to 2020 Second-Party Opinion 2020

Corporate Strategy & Mission

Corporate mission and sustainability strategy
General construction company engaged in building and civil engineering, regional and urban development, real estate, and renewable energy generation Second-Party Opinion 2020
ESG strategy focus areas
Environmental consideration, renewable energy, green buildings, infrastructure development Second-Party Opinion 2020

Changes Over Time

Items where disclosed information changed across documents.

Issuer country/jurisdiction
2017 Japan →
2020 Japan (Tokyo)
SPO assessment date
2017 October 2017 →
2020 July 30, 2020
Eligible use-of-proceeds categories
2017 Construction of floating offshore wind turbine facilities →
2018 Renewable energy - Offshore Wind Turbine projects →
2020 Green building construction - ZEB Ready office building with advanced environmental design →
2020 1) Renewable energy, 2) Green buildings
SPO assessment scope
2017 Framework and environmental credentials; sustainability impact of business processes and planned use of proceeds, management of proceeds →
2020 Assessment of framework compliance with Green Bond Principles 2018 and Japanese Green Bond Guidelines 2020; evaluation of eligible project categories, evaluation and selection process, proceeds management, and reporting commitments
Alignment with ICMA Green Bond Principles
2018 Green Bond Principles 2018 →
2020 Compliant with Green Bond Principles 2018 (GBP) - all 4 requirements met
Alignment with UN Sustainable Development Goals
2018 SDG 7 →
2020 SDG 7 and SDG 9
Project evaluation and selection process description
2018 Energy Division ensures projects are aligned with eligibility criteria and comply with environmental risk mitigation processes; Board of Directors provides final approval →
2020 Eligibility criteria for green buildings are appropriately set using benchmarks that are widely recognized in Japan and internationally, conforming to environmental principles set out in Toda Corporation Global Vision
Management of proceeds approach
2018 Finance department allocates and manages proceeds using internal management system; tracks budget and actual expenditures on quarterly basis →
2020 Proceeds appropriately managed by Finance Department using internal system capable of tracking flow of proceeds →
2020 Finance Department responsible for managing proceeds; quarterly tracking of eligible project budgets and actual expenditures using internal management systems