Achievement of CO₂ Emission-Reduction Targets under Sustainability-Linked Loan Agreement
December 18, 2025
GS Yuasa Corporation
GS Yuasa Corporation (Tokyo Stock Exchange: 6674; “GS Yuasa”) today announced that it has achieved all annual sustainability performance targets (SPTs) set under the sustainability-linked loan (SLL) agreement concluded in July 2021, and that it has donated the full amount equivalent to the interest benefits gained by meeting the targets to Kyoto City Environmental Fund. As a result of these donations, GS Yuasa was honored as a philanthropic company by the City of Kyoto for FY 2025.
Certificate of commendation
This is an award presented to individuals or organizations that donate their own funds for the benefit of the City of Kyoto.
Overview of the SLL
| Date of execution | July 19, 2021 |
| Term | Five years |
| Total amount borrowed | 7.0 billion yen |
| Use of Funds | Business capital |
| Lenders | MUFG Bank, Ltd.; Sumitomo Mitsui Trust Bank, Limited; Bank of Kyoto, Ltd.; and Shiga Bank, Ltd. (Bilateral loans with each bank*1) |
| KPI | Reduction of CO2 emissions |
| SPTs | Reduction of CO2 emissions (total volume basis, Scope 1 and 2*2) by 15% from the fiscal 2018 level by fiscal 2025 as a milestone toward reducing emissions by at least 30% from the fiscal 2018 level by fiscal 2030. |
*1 Bilateral loans are based on bank lending agreements entered into bilaterally by an individual lender (financial institution) and a borrower (company, etc.).
*2 “Scope 1” refers to direct emissions of greenhouse gasses by the business itself (through fuel combustion, industrial processes).
“Scope 2” refers to indirect emissions from use of electricity and heat/steam supplied from other companies.
SPTs targets, results, and determinations
| Target | Result | Determination | |
| First assessment (FY2021) | 4％ | 8.1％ | Achieved |
| Second assessment (FY2022) | 6％ | 19.8％ | Achieved |
| Third assessment (FY2023) | 9％ | 13.7％ | Achieved |
| Fourth assessment (FY2024) | 12％ | 16.8％ | Achieved |
Under the SLL agreement, GS Yuasa received interest rate benefits depending on the achievement status of annual SPTs, with a first-in-Japan scheme whereby the amount equivalent to those benefits is donated to Kyoto City Environmental Fund. Four assessment opportunities were set, and GS Yuasa achieved all targets, enabling donations each year. The donations are used by the City of Kyoto to promote projects related to environmental conservation awareness and education, reduction of waste and recycling, and measures against global warming.
The GS Yuasa Group will continue to promote efforts to achieve carbon neutrality across the entire supply chain and work to contribute to the realization of a sustainable society.
※News release on July 19, 2021
GS Yuasa Concludes Sustainability-Linked Loan Agreement Will Donate Interest Benefits at Target Achievement to Kyoto Citizens’ Environment Fund , a First in Japan
https://www.gs-yuasa.com/en/newsrelease/article.php?ucode=gs210814515816_1043
