Green Loan for the Ichigo Yonezawa Itaya ECO Power Plant
Ichigo’s first wind power plant, the Ichigo Yonezawa Itaya ECO Power Plant is the first project financed by Shinsei Bank’s Green Loan program.
Ichigo Yonezawa Itaya ECO Power Plant was recognized for its contributions to achieving two SDGs, “SDG 7 – Affordable and Clean Energy” and “SDG 9 – Industry, Innovation, and Infrastructure.” Shinsei Bank also commended Ichigo for: 1) expanding the scope of its real estate and clean energy businesses as a sustainable infrastructure company in line with its commitment to building a more sustainable society; 2) pursuing the Ichigo Yonezawa Itaya project in pursuit of this mission; 3) working closely with local communities; and 4) constructing Ichigo Yonezawa Itaya with due consideration for the environment and society, complying not only with relevant laws and regulations, but also conducting Ichigo’s own environmental impact assessment.
United Nations Global Compact
Ichigo is a Japanese sustainable infrastructure company dedicated to making the world more sustainable. Ichigo believes companies exist to serve society, and is committed to contributing to a sustainable society while growing long-term value for its shareholders.
In line with this mission, Ichigo has signed the UN Global Compact to accelerate its sustainability initiatives, along with joining the Global Compact Network Japan, a network of Japanese companies and organizations who are signatories of the UN Global Compact.
UN Global Compact is a global sustainability initiative that calls for companies and organizations to take leadership and take actions as members of society to implement universal sustainability principles. Companies and organizations that sign the UN Global Compact are required to achieve the Ten Principles regarding human rights, labor, environment, and anti-corruption based on CEO commitments.
Japan’s First Real Estate Asset Management Group to Join the Principles for Financial Action For the 21st Century
Ichigo is participating in the Principles for Financial Action for the 21st Century to express our commitment to minimize the environmental impact of our business activities.
The Principles for Financial Action for the 21st Century were established based on the Ministry of the Environment Central Environment Council’s guidelines for financial institutions seeking to contribute to a sustainable society.
Under its Sustainable Real Estate business, Ichigo makes effective use of existing real estate assets and improves Japan’s social capital infrastructure. Ichigo will continue to contribute to a sustainable society by leveraging our environmental and construction expertise and deep understanding of building and construction regulations, as well as making effective use of unused land under its clean energy business.
Participation in the Fun to Share Campaign
The global community is faced with the challenge of preventing global warming. At the UN Climate Change Summit in New York, the Japanese government declared a target to reduce CO2 emissions by 25% compared to 1990 levels by 2020. Furthermore, in a joint communique in 2009, the US and Japanese governments jointly declared a bilateral goal of an 80% CO2 reduction and championed a global CO2 reduction target of 50%.
Fun to Share is the Ministry of Environment’s campaign to promote the achievement of a low-carbon society by sharing the most up-to-date information openly and broadly. It also embodies the idea of realizing and enjoying life in a low-carbon society.
Ichigo supports this Fun to Share campaign and is committed to contributing to the realization of a sustainable, low-carbon society by deploying our value-add capabilities to promote sustainable real estate for a sustainable society.