Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable water and wastewater management

Environmental Achievements

• Over JPY 6.8tn (USD 56.1bn) in loans for sewerage projects contributing to sustainable water and waste management and public health as of March 31, 2022.
• Sewerage projects contribute to the improvement of public health and the preservation of living conditions and water quality of public waters.

Social Achievements

• Sewerage projects contribute to the improvement of living conditions and prevention of floods.

Governance Achievements

• Established a Green Bond Working Group to oversee the allocation and reporting of Green Bond proceeds.
• Engaged Moody's (formerly Vigeo Eiris) for Second Party Opinion and compliance reviews.

Climate Goals & Targets

Environmental Challenges

• Aging sewerage infrastructure requiring reconstruction and upgrades.
• Increased need to protect and upgrade lifeline water facilities due to natural disasters.

Mitigation Strategies

• Funding the reconstruction and upgrade of sewerage systems through the Local Government Borrowing Programme.
• Applying new technologies to upgrade and protect the sewerage system.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters (typhoons, earthquakes)

Reporting Standards

Frameworks Used: Green Bond Principles 2021 (GBP)

Third-party Assurance: Moody's (formerly Vigeo Eiris)

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)

Funding of sewerage projects contributes to clean water and sanitation.

Environmental Metrics

ESG Focus Areas

• Sustainable water and wastewater management
• Pollution Prevention and Control
• Water Resource Conservation
• Energy use of sewage sludge
• Sewage sludge recycle

Environmental Achievements

• Total extension of newly constructed pipes: 603.5 km
• Annual volume of treated water: 3.3 billion m³
• Annual amount of electricity saved: 18.1 million kWh
• Sludge recycling rates of 100% in many projects, with some projects achieving lower rates due to incineration or other methods.
• Reductions in GHG emissions through various initiatives including energy-saving equipment and on-site use of treated water.

Social Achievements

• Improved living environment and reduced offensive odors through septic tank installations and improved sewage systems.
• Improved public health through increased access to flush toilets and improved water quality.
• Flood control and prevention of untreated sewage discharge into public waters through pump station improvements and rainwater management.

Governance Achievements

• Establishment of a Sustainability Working Group under the JFM Sustainability Committee to conduct surveys and report on environmental impacts.
• Alignment with the Green Bond Principles, 2021 (ICMA GBP).

Climate Goals & Targets

Environmental Challenges

• Aging sewerage infrastructure
• Seismic vulnerability of existing facilities
• Need for efficient sewage sludge management

Mitigation Strategies

• Loans provided for renewal and seismic retrofitting of existing facilities.
• Loans for new facilities and infrastructure improvements.
• Initiatives to promote sludge recycling and energy generation from sewage sludge.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Bond Principles, 2021 (ICMA GBP)

Third-party Assurance: Moody’s (Second-party opinion)

UN Sustainable Development Goals

• SDG 6: Clean Water and Sanitation

Funding of sewerage projects contributes to clean water and sanitation.