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I will explain sustainability bonds.
The Group has been aggressively working on environmental and social issues such as the continuous selection of major ESG indices in Japan and overseas, the endorsement of TCFD recommendations, and Tokyu Land Corporation’s membership to RE100.
Using these initiatives, we plan to issue sustainability bonds in this finance and aim to raise funds in Japan’s first format of combining sustainability bonds with hybrid corporate bonds.
The funds raised through the sustainability bonds are mainly used for the projects shown at the bottom.
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