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SuMi Trust announces signing of loan agreement in alignment with the UNEP FI Principles for Positive Impact Finance

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SuMi Trust:

SuMi Trust announces signing of loan agreement in alignment with the UNEP FI Principles for Positive Impact Finance

Positive Impact Finance involves comprehensive analysis and evaluation of the environmental, social, and  economic  impacts (positive  and  negative) of corporate  activities, and the provision of loans to support these activities on an ongoing basis. It is implemented based on the Principles and procedures in accordance with the Principles for Positive Impact Finance established by the United Nations Environmental Programme Finance Initiative (UNEP FI).

SuMi Trust signs the loan agreement with Fuji Oil Holdings Inc., Japan's largest company engaged in the development, production, and marketing of oils and fats, confectionery, bakery ingredients, and soy. SuMi Trust particularily assessed the themes 1) Sustainable Procurement, 2) Reducing environmental impact through production activities, and 3) Food Creation Solutions and Food Safety, Security, and Quality. The Fuji Oil Group obtained  a  third-party  opinion from  Japan  Credit  Rating  Agency,  Ltd. regarding  compliance  with  the  Principles of  procedures  and  the  rationality  of  the  evaluation indicators. The  loan is the world’s first Positive Impact Finance with unspecified use of funds.

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UNEP Finance Initiative

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