"K" Line secures JPY 10 billion natural capital financing under Mizuho scheme
Japan, Feb. 27 -- Kawasaki Kisen Kaisha, Ltd. ("K" LINE) has secured a JPY 10 billion ($64 million) five-year commitment line under Mizuho Natural Capital Impact Finance, marking the first use of the scheme in the maritime sector, according to the company.The facility was arranged through a lending syndicate led by Mizuho Bank, Ltd. The financing is based on an assessment methodology developed by Mizuho Research & Technologies that incorporates the Taskforce on Nature-related Financial Disclosures and other natural capital frameworks, focusing on corporate commitment to nature-positive management and measurable environmental initiatives. "K" LINE's evaluation reflected measures addressing environmental risks specific to shipping, including ...
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