DBJ Provides Sustainability Linked Loan with Engagement Dialogue to Mitsubishi Chemical Holdings Corporation

Based in Chiyoda-ku, Tokyo, Mitsubishi Chemical Holdings Corporation counts Mitsubishi Chemical Corporation, Japan's largest integrated chemical company, among its holdings. DBJ has provided the company with a sustainability linked loan with engagement dialogue.

The company's management policy is embodied in its group's original concept of kaiteki, which aims to resolve the issues of people,society and our planet Earth in pursuit of a sustainable future.

In its medium-to-long-term basic management strategy, Kaiteki Vision 30, Mitsubishi Chemical Holdings set out to rebuild its business portfolio into one that helps to resolve key issues affecting society. It identified six business areas it needed to address in order to realize a better society by 2050, along with businesses it expected to grow as these issues were resolved. One of these business groups is carbon recycling, where the company promotes initiatives in three specific areas: ① bioplastics, ② chemical and material recycling, and ③ CO₂ recovery and utilization.

This loan enables DBJ to support the company's efforts to promote plastic resource recycling by setting quantitative targets (specific performance targets, or SPTs) for chemical recycling projects conducted in the "carbon recycling" business area.