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JPX Market Innovation & Research, Inc. (JPXI) is pleased to announce the launch of the "Green Tracking Hub," a website that provides timely visualization of the greenness indicators of the 1st unsecured bond (with inter-bond pari passu clause and transfer restriction; Digitally Tracked Green Bond) issued by Japan Exchange Group, Inc. (JPX) in June. The Green Tracking Hub is intended to provide investors with timely information on the amount of electricity generated by green power generation facilities financed by JPX's Digitally Tracked Green Bond, and the CO2 emissions reductions achieved by this green power generation relative to fossil fuel-based generation. The website is open to the public and can be viewed by anyone, including investors.
The Green Tracking Hub is intended to provide investors with timely information on the amount of electricity generated by green power generation facilities financed by JPX's Digitally Tracked Green Bond, and the CO2 emissions reductions achieved by this green power generation relative to fossil fuel-based generation.
Until now, investors have had to check annual reports and other information published by green bond issuers in order to confirm the greenness indicators of the green bonds in which they have invested their funds. This made it difficult for investors to grasp the effects of their green investments in a timely manner, and collecting data from reports and other sources was a complicated and time-consuming task.
The Green Tracking Hub assists investors in collecting greenness indicators. Investors simply access the Green Tracking Hub to view timely greenness indicators online and download data on their preferred schedule, for example on a daily or monthly basis. In addition, they can also view how the green bond proceeds are used and the location of facilities associated with the project. In the future, with more issuers of Digitally Tracked Green Bonds, the Green Tracking Hub will enable investors to see and manage their green investments and get all the data they need in one place.
These acquired data will also help issuers prepare green reports. Issuers are freed from the cumbersome data collection process and can greatly reduce the administrative burden that they would normally shoulder after issuing a green bond.
Screenshot of Green Tracking Hub (Only in Japanese)
JPXI aims to improve the convenience of this scheme to encourage broader usage by issuers and investors in the future. Issuers, investors, and financial institutions interested in the scheme can contact us using the contact information below.
Reference: April 15, 2022 news release "Cooperation in the Issuance of Japan's First Wholesale Digitally Tracked Green Bond"
Contact
JPX Market Innovation & Research, Inc.　Frontier Strategy Department
E-mail:jpx-fintech@jpx.co.jp
