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ESG Bonds

Information about ESG Bonds listed on TOKYO PRO-BOND Market

Tokyo Stock Exchange, Inc. launched a dedicated platform for Green and Social bonds on January 22, 2018.

Currently, various efforts have been made globally to tackle ESG issues. To fund such efforts, ESG financing has been growing in the capital market. This platform is part of TSE's response to these developments, through which we aim to show our support to issuers and contribute to driving the growth of the ESG bonds market.

Platform Description

  • The platform allows issuers, at their discretion, to post information pertaining to ESG bonds, from among those listed on TOKYO PRO-BOND Market.
  • If an issuer wishes to post information pertaining to a bond listed on TOKYO PRO-BOND Market through the platform for ESG bonds, the issuer is required to submit to TSE the information about ESG use of proceeds pertaining to said bond, and such information will be posted on the platform.
  • In addition, issuers can post such information as external reviews, continued reporting after bond issuance, and other related information.

About ESG Bond

An ESG Bond refers to any type of bond instrument issued to finance projects that aim to solve ESG (e.g., global warming, education/welfare) problems. Following the International Capital Market Association's publication of the "Green Bond Principles" (2014) and "Social Bond Principles" (2017), there has been a growing movement to issue and invest in ESG bonds across the international community. The trend became more prevalent also in Japan after the Ministry of the Environment has formulated and published its own "Green Bond Guidelines, 2017".

How to Post the Information about ESG Bonds on the Platform

For instructions on how to post the information about ESG bonds, please see the manual below.

Instruction Manual for Posting Information about ESG Bonds

ESG Bonds FAQs

For frequently asked questions and answers about ESG bonds, please follow the link below and see Q54-62.

Q&A about the TOKYO PRO-BOND Market

Notes

Please note that the information about ESG bonds is posted on the platform according to the application from the respective issuer. TSE does not certify any bond as an ESG bond.