Mizuho Bank, Ltd.
Mizuho Bank, Ltd. (President and CEO: Masahiko Kato; hereinafter "Mizuho") has assisted SMFL LCI Helicopters Limited (Managing Director: Yusuke Kataoka; hereinafter “SMFL Helicopters”), a helicopter leasing company affiliated with Sumitomo Mitsui Finance and Leasing Company, Limited. (President: Masaki Tachibana; hereinafter "SMFL"), in developing a Social Loan Framework.
The funds raised under this framework will be used to purchase helicopters mainly for SMFL Helicopters’ emergency medical transportation and search and rescue operations. In addition, this framework has received a Social 1 (F) rating*, the highest rating, from the Japan Credit Rating Agency, Ltd., for applicability to the social loan criteria.
SMFL has declared its intention to become a company “chosen for its commitment to SDGs” as a key initiative in its Our Vision of the SMFL Way, which sets forth its management philosophy and policies. Within SDGs management, SMFL has identified four material issues that are closely related to the SMFL Group's business: the environment, next generation, community, and job satisfaction, and is promoting businesses that contribute to solving related social issues. Through the funds raised under this framework, SMFL will promote sustainability initiatives and contribute to the realization of a sustainable society.
Mizuho fully approves these initiatives, in order to financially support the sustainable development of society that the SMFL Group aims to achieve.
Mizuho is strengthening our sustainability actions to achieve a sustainable society. We will continue working together with our clients to achieve sustainability transformation by providing sustainable finance that creates a flow of funds to address environmental and social issues, and by providing solutions that utilize knowledge and functions that go beyond finance.
* Third Party Opinion of Japan Credit Rating Agency, Ltd. (JCR)
(https://www.jcr.co.jp/greenfinance/)
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