May 11, 2022
Sumitomo Corporation

Issuance of Green Bonds

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo) will issue Green Bonds in a domestic public offering format (hereafter, Green Bonds) based on the Sumitomo Corporation Green Finance Framework (Note 1) developed and published on March 14, 2022. Through the issue of Green Bonds, the Sumitomo Corporation Group will promote awareness of Sumitomo Corporation Group’s initiative of "enhancement of sustainability management" among a wide range of Stakeholders, and to promote such efforts from the viewpoint of financing.

Sumitomo Corporation is working towards the enhancement of sustainability management with the belief that continuing to create value that is truly needed by society will contribute to the sustainable growth of the Sumitomo Corporation Group. Based on the medium-term management plan “SHIFT 2023” announced in May 2021, the Sumitomo Corporation Group aims to realize an increase in corporate value and contribute to the realization of a sustainable society through shifting to a business portfolio that has more profitability and downside resilience. The group will achieve this by developing and enhancing businesses that utilize the Sumitomo Corporation Group’s Strengths and next-generation businesses from a medium- to long-term perspective. We will work with various stakeholders and promote sustainability management so that the Sumitomo Corporation Group can grow sustainably with society.


(Reference material)
■Outline of Green Bond

Sumitomo Corporation’s 60th unsecured bonds (Sumitomo Corporation Green Bond) (with an inter-bond pari passu clause)
Term to Maturity
10 years (scheduled)
Issue Amount
10 billion yen (scheduled)
Issue Date
May, 2022 (scheduled)
Use of proceeds Renewable energy (wind, solar, geothermal)
Forestry businesses
Railway-related projects
5G-related businesse
Green Bond conformity assessment  The Green Bonds is aligned with the Green Bond Principles 2021 by the International Capital Market Association (ICMA)
and have obtained a second-party opinion from Sustainalytics, a third-party evaluation organization (note 2).
Structuring Agent (note 3)
Daiwa Securities Co., Ltd.
Lead Managing Underwriter
Daiwa Securities Co., Ltd.

Note 1: Sumitomo Corporation Green Finance Framework

Japanese PDF
English PDF

Note 2: The second-party opinion of Sustainalytics

Japanese PDF
English PDF

Note 3: The structuring agent is a party that supports financing using green bonds and green loans through the development of a green finance framework and the acquisition of second-party opinions.

Corporate Communications Department, Sumitomo Corporation
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