IHI concluded "Transition Loan" financing agreement with Mizuho Bank, Ltd. on October 24, 2023.
Sustainable Finance Framework
This loan is financed using the Sustainable Finance Framework developed in September 2023.
IHI Corporation Sustainable Finance Framework
Using of proceeds
The IHI Group will use proceeds for new and existing expenditures, (such as for technology and product development costs, capital expenditures, and capital investment spending) relating to qualified projects meeting the following three eligibility criteria.
（Aero Engines and Space）
|Weight reduction of aircraft
Electrification of aircraft engine*
|2.Development focus Business
an Ammonia Value Chain
＜Transport and Storage＞
|Realization off carbon recycling
（Utilizing Existing Businesses）
|Electrification of automobile*