As it has become a worldwide trend for companies seeking long-term growth to adopt an ESG perspective (environment, society, governance), rather than focusing solely on returns, in May of 2018 Nippon Yusen became the world’s first maritime transport company to issue a green bond of 10 billion yen. A green bond is defined as a corporate bond limited to those investments proven to have beneficial effects on the environment. Nippon Yusen hopes this will serve in a small way to increase general understanding of the merits of green bonds and know-how concerning them, and encourage companies to make what can be costly environmental investments.
Selected Papers No.25

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