NEWS/RELEASE
TANAKA Holdings Announces Green Loan Financing for Construction of New Head Office Building
March 26, 2024
TANAKA Holdings Co., Ltd., the pure holding company of TANAKA Precious Metals, announced today that it has entered into a green loan agreement with Mizuho Bank, Ltd. (Head office: Chiyoda-ku, Tokyo; President & CEO: Masahiko Kato, hereafter “Mizuho Bank”) to finance the construction of the new head office building scheduled to open in April this year. The project received a Green 1(F)* rating from Japan Credit Rating Agency, Ltd. (JCR) in the Green Loan Framework Evaluation.
* Green 1 is the highest rating in the comprehensive JCR Green Finance Evaluation that takes into account the evaluation of issuers’ management, operation, and transparency based on the Greenness Evaluation.
TANAKA Holdings not only provides precious metals, a scarce resource, in a variety of products and commodities for industrial use, assets, and jewelry but also works to conserve resources through precious metal recycling. Furthermore, TANAKA Holdings unveiled the TANAKA Precious Metals Statement on Carbon Neutrality in fiscal year 2022 to pursue a low-carbon, recycling-centric society with a comprehensive and elevated approach. This initiative aims to achieve net-zero CO2 emissions by 2050, prompting intensified efforts across its plants and facilities to safeguard the global environment. The new head office building, which is the purpose of the financing, not only had reduced environmental impact during construction but also satisfies the Zero Energy Building (ZEB) Ready standards, based on an assessment that energy consumption will be 51% lower than that required by a conventional building through the adoption of high-efficiency equipment and the active use of natural energy to reduce energy consumption. In addition to the fact that the funds will be used for the building, which meets the ZEB Ready standards and has been evaluated for greenness, the agreement for the green loan recognizes the consistency between the goals set by TANAKA Precious Metals to date and the objectives of implementing the green financing.
TANAKA Precious Metals remains steadfast in its commitment to addressing global environmental and social challenges. We are dedicated to fostering a balanced and thriving society by offering products that harness the distinct attributes of precious metals. Our ongoing efforts focus on promoting the circulation of scarce precious metal resources, ensuring sustainability for future generations.