Tokyo Metropolitan Government

Unverified
XFID Unique Identifier for Tokyo Metropolitan Government: XOUG6MYE49
Country
Japan
Sector
Local Government
Website
www.zaimu.metro.tokyo.lg.jp
10 Second Party Opinions
1 Framework
1 Impact Report
1 Certification
XFID Type Title Year Source Retrieved
XF-4IHMSP3-0 Framework Tokyo Resilience Bond Framework 2025 2025 www.jpx.co.jp 23 May 2026
XF-V3HOSNK-X Impact Report Tokyo Green Bond Impact Report Oct 2023 2023 www.zaimu.metro.tokyo.lg.jp 31 Mar 2026
XF-QCU614I-V Second Party Opinion Tokyo Metropolitan Government - SPO 2025 www.english.metro.tokyo.lg.jp 31 Mar 2026
XF-3MTK4BI-7 Second Party Opinion Tokyo Metropolitan Government - SPO 2024 www.zaimu.metro.tokyo.lg.jp 31 Mar 2026
XF-PDE3H4K-W Second Party Opinion tmg - Assessment of the Sustainability Quality of the Green Bond of Tokyo Metropolitan Government 2017 spowidget.iss-corporate.com 20 Mar 2026
XF-9U816DM-Z Second Party Opinion tmg - Assessment of the Sustainability Quality of the Green Bond of Tokyo Metropolitan Government 2018 spowidget.iss-corporate.com 20 Mar 2026
XF-OXI74RK-4 Second Party Opinion ISS ESG Second Party Opinion — Tokyo Metropolitan Government 2019 spowidget.iss-corporate.com 20 Mar 2026
XF-3DRA3EH-W Second Party Opinion ISS ESG Second Party Opinion — Tokyo Metropolitan Government 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-IYUW2KW-P Second Party Opinion ISS ESG Second Party Opinion — Tokyo Metropolitan Government 2022 spowidget.iss-corporate.com 20 Mar 2026
XF-XITTW59-H Second Party Opinion ISS ESG Second Party Opinion — Tokyo Metropolitan Government 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-CTU6JXT-R Second Party Opinion REPORT REVIEW Tokyo Metropolitan Government Tokyo Green Bond Impact Report 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-O3P9CH0-H Second Party Opinion ISS ESG Second Party Opinion — Tokyo Metropolitan Government 2024 spowidget.iss-corporate.com 20 Mar 2026
XF-R27QNDR-U Certification Second Opinion 2025 www.climatebonds.net 16 Mar 2026

Press Coverage (1)

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

XF Company Profile

Extra-financial information found across 13 documents in the XframeworkID registry

NACE O Public Administration & Defence

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)
Tokyo Metropolitan Government, Japan SPO 2025
Issuer sector/industry classification (Issuer Identity & Structure)
Public Administration & Defence SPO 2025
Issuer organizational structure (e.g., public-private partnership, municipal, sovereign) (Issuer Identity & Structure)
Municipal government SPO 2025
Issuer type (e.g., bank, asset manager, pension fund, REIT, utility) (Issuer Identity & Structure)
Sub-Sovereign / Public Administration SPO 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version (Green / Sustainable Finance Framework)
Tokyo Metropolitan Government Resilience Bonds Framework, October 2025 SPO 2025
Bond types covered under framework (green, social, sustainability, sustainability-linked) (Green / Sustainable Finance Framework)
Green bonds and Sustainability bonds (combined social and environmental objectives) SPO 2025
Eligible use-of-proceeds categories (Green / Sustainable Finance Framework)
Climate change mitigation and adaptation; efficient use of natural resources; biodiversity protection SPO 2018

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
Moody's Ratings, October 10, 2025 SPO 2025
SPO preliminary evaluation or credibility rating (External Review & Verification)
SQS2 (Very Good) SPO 2025
Pre-issuance or post-issuance verification type (External Review & Verification)
Pre-issuance verification SPO 2022
Assurance provider name and engagement period (External Review & Verification)
Rating and Investment Information, Inc. (R&I), October 6, 2025 Certification 2025
Assurance scope (use of proceeds, project selection, reporting) (External Review & Verification)
Climate Bonds Standard certification for climate resilience investments Certification 2025

Proceeds Allocation & Reporting

Post-issuance allocation review by external party (Proceeds Allocation & Reporting)
Green Bonds Allocation and Impact Report verification Report Review 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
Aligned with ICMA Green Bond Principles 2025 SPO 2025
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines (Standards & Regulatory Alignment)
Aligned with ICMA Social Bond Principles 2025 and Sustainability Bond Guidelines 2021 SPO 2025
Alignment with Climate Bonds Standard (version applied) (Standards & Regulatory Alignment)
Climate Bonds Standard v4.3 Certification 2025

Issuance Details

Bond instrument type (e.g., green bond, social bond, sustainability bond) (Issuance Details)
Green Bond Impact Report Review 2024

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name
2017 oekom Green Bond Analysis Framework
2023 Tokyo Green Bond
2025 Tokyo Resilience Bond Framework
2025 Resilience Bonds Framework
Bond types covered under framework
2017 Green Bond
2025 Green bonds and sustainability bonds (one green category and one category with combined social and environmental objectives)
Eligible use-of-proceeds categories
2017 Climate change mitigation and adaptation, efficient use of natural resources, biodiversity protection, heat island countermeasures
2018 Climate change mitigation and adaptation; efficient use of natural resources; biodiversity protection; heat island countermeasures including heat insulation and water absorption capacities of roads
2020 Improved energy and resource efficiency in green real estate; Sustainable plantings in green real estate; Solar power; Hydro power (micro-hydro systems in water supply infrastructures); Wastewater treatment facility; Public transport vehicles (buses); Flood prevention
2022 Green real estate development with improved energy and resource efficiency and sustainable plantings
2025 Climate resilience investments
2025 Projects across one green category and one category with combined social and environmental objectives (details in Appendix 2)
Management of proceeds approach
2017 Formal management of proceeds process defined
2018 Formal concept defined for management of proceeds
Reporting commitments under framework
2017 Reporting commitment included in framework
2018 Reporting included in formal Green Bond concept
Second Party Opinion provider name
2017 oekom research
2025 Moody's Ratings
SPO assessment scope
2017 Confirmation of sustainable added value, alignment with ICMA Green Bond Principles, evaluation of compliance with oekom Green Bond Analysis Framework, review and classification of Japan's sustainability performance
2020 Sustainability Quality of the Issuer and Green Bond; Green Bond Principles alignment; Sustainability quality of asset pool
2022 Sustainability Quality of the Issuer and Green Bonds Framework
2024 Post-issuance verification of Green Bonds Allocation and Impact Report
2025 Alignment with Climate Bonds Standard and Climate Bonds Initiative criteria; framework compliance with ICMA principles and domestic guidelines
2025 Sustainability credentials of TMG's resilience bonds framework, including alignment with ICMA GBP 2025, SBP 2025, and SBG 2021
Pre-issuance or post-issuance verification type
2017 Pre-issuance
2023 Post-issuance verification
2025 Pre-issuance
Alignment with ICMA Green Bond Principles
2017 Alignment assessed
2018 Aligned - Green Bond concept is in line with the Green Bond Principles
2019 Yes
2020 Assessed
2022 ICMA Green Bond Principles (June 2021)
2025 Green Bond Principles 2025
2025 ICMA Green Bond Principles 2025
Bond instrument type
2017 Green Bond
2025 Resilience Bond
Green bond first issuance year
2017 2017
2018 Second issuance (prior issuance exists)
Second Party Opinion (SPO) provider name
2018 ISS-oekom
2019 Institutional Shareholder Services (ISS)
SPO assessment date
2018 20 July 2018
2022 2 September 2022
2024 18 December 2024
2025 October 6, 2025
SPO assessment scope and methodology
2018 Definition of Green Bond KPIs; analysis of alignment with ICMA Green Bond Principles; evaluation of compliance with ISS-oekom Green Bond KPIs; review and classification of Japan's sustainability performance based on ISS-oekom Country Rating
2023 Verification of Green Bond Allocation and Impact Report against Harmonized Framework for Impact Reporting (HFIR) and Green Bond Principles
SPO assessment type
2019 Pre-issuance
2022 Pre-issuance verification
Alignment with UN Sustainable Development Goals
2019 Yes
2020 Assessed
Sustainable bond framework name and version
2022 Tokyo Green Bonds Framework March 2022
2023 Tokyo Metropolitan Government's Green Bonds Framework, March 2022
2024 Tokyo Green Bond Framework
SPO provider name
2022 Institutional Shareholder Services (ISS)
2025 Rating and Investment Information, Inc. (R&I)
Framework publication date
2024 March 2023
2025 October 2025
Alignment with ICMA Social Bond Principles
2025 Social Bond Principles 2025
2025 ICMA Social Bond Principles 2025
Alignment with ICMA Sustainability Bond Guidelines
2025 Sustainability Bond Guidelines 2021
2025 ICMA Sustainability Bond Guidelines 2021