June 12, 2024
SBI Shinsei Bank, Ltd.
Showa Lease Co., Ltd.
Recently, Showa Lease Co., Ltd. (Chuo-ku, Tokyo; President and CEO Shoichi Hirano; hereafter “Showa Lease”) of the SBI Shinsei Bank Group has planned a fund “LLC ZEH Minami Kyushu Fund No. 2” for the purpose of developing and operating ZEH*1 rental condominiums in Kumamoto City, Kumamoto Prefecture, providing financial advice, and making anonymous union investments in collaboration with 3 financial institutions.
This is the second initiative following the Kagoshima Tempozan Project in 2024/3.
Note that anonymous union investment by 4 companies, including Showa Lease, is finance that was confirmed to be compatible with the “Green Loan Principle” *2 by the SBI Shinsei Bank Sustainable Impact Assessment Office.
Also, for senior loans from the Kitakyushu Bank, funds are raised using the Kitakyushu Bank's own product “＜Kitakyushu Bank＞ Green Loan,” which includes certification of external evaluations relating to consistency with the “Green Loan Principles.”
Showa Lease will continue to work to promote the spread of ZEH rental condominiums through cooperation with regional financial institutions for regional cities nationwide.
| The Kitakyushu Bank, Ltd. | (Kitakyushu-shi, Fukuoka-ken, President and CEO Kotama Kato) |
| Bank of Tokyo Leasing Co., Ltd | (Chuo-ku, Tokyo, President and CEO Hiroaki Fujisue) |
| Kyushu Lease Service Co., Ltd. | (Fukuoka-shi, Fukuoka-ken, President and CEO Seiji Isoyama) |
| Higin Lease Co., Ltd. | (Kumamoto City, Kumamoto Prefecture, President and CEO Tsuyoshi Mogami) |
| Showa Lease Co., Ltd. |
In order to achieve carbon neutrality by 2050, the Japanese government has set policy targets such as “aiming to ensure energy efficiency at the level of ZEH standards for houses newly built after fiscal 2030” in the “6th Basic Energy Plan” (2021/10 cabinet decision). The purpose of this fund is to support the promotion of the spread of ZEH rental condominiums and contribute to achieving carbon neutrality based on such national policies.
In this fund, we will develop and manage multiple properties for rental condominiums developed by Sekisui House under the “Charmaison” brand, targeting properties including ZEH certified dwellings. We cover a wide range of projects by targeting categories that can be evaluated for each unit of the ZEH evaluation.
The SBI Shinsei Bank Group has set up “provision of financial functions aimed at solving environmental and social issues” in order to realize the medium-term management plan “SBI Shinsei Bank Group's Medium-Term Vision.” Based on the concept of “sustainable impact,” which combines the concept of social impact, which aims to have a positive impact on society in general, such as the environment, society, and the economy, from the viewpoint of sustainability and ESG/SDGs, we are promoting investment and financing through continuous dialogue with customers for companies and businesses that have a positive impact on social issues.
Showa Lease will work to promote the spread of environmentally friendly buildings through fund formation and financing as a countermeasure against climate change aimed at achieving carbon neutrality.
see:https://www.enecho.meti.go.jp/category/saving_and_new/saving/general/housing/index03.html
see:https://www.sbishinseibank.co.jp/institutional/sustainable_finance/green/
| fundraisers | LLC ZEH Minamikyushu Fund No. 2 |
| Target property | Kumamoto, Kumamoto |
| asset manager | Sanko Asset Management Co., Ltd. (Chuo-ku, Tokyo; Representative Director Shigeo Takei) |
| Design/construction | Sekisui House Co., Ltd. |
| Use of funds | Development funds etc. for ZEH rental condominiums |
| Significance of the business | Businesses related to energy conservation: construction of a new net zero energy house (ZEH) |
・Rental condominiums centered on residential units that achieve energy savings of 20% or more in housing energy consumption are targeted ・Plans to generate energy by installing solar panels on the roof | |
| Significance of the business Contribution of the environmental improvement effects brought about by this project to social issues | In the SDGs, it is thought that they will mainly contribute to “Goal 7: Make Energy for Everyone and Clean,” “Goal 9: Build a Foundation for Industry and Technological Innovation,” and “Goal 11: Develop a Community Where People Can Continue to Live.” The Japanese government has set a “decarbonized society” as the final goal, and has set “securing energy saving performance at the level of ZEH and ZEB (net zero energy buildings) for newly built houses and buildings after fiscal 2030”, etc. for energy saving in housing, and since the definition of collective ZEH has also been established for apartment complexes and is working towards dissemination and expansion, it was evaluated that it is consistent with national issue perceptions and policies. |
| Other evaluation points | ● Showa Lease, which is responsible for planning and financing arrangements for this fund, aims to actively promote the resolution of customer sustainability issues and the realization of transformation to a sustainable social structure through business, and is promoting various initiatives. The purpose of this fund is to contribute to the realization of carbon neutrality by promoting the spread of ZEH rental condominiums, and is consistent with Showa Leasing's sustainability strategy and goals. ● Sekisui House, which is responsible for the construction work of target rental condominiums, pursues recycling-oriented businesses throughout the entire life cycle, such as establishing an “occupational safety and health management system” that is integrated into the group, including business owners and construction technicians, etc. of construction partner companies, and achieving a 100% recycling rate by consolidating waste generated at construction sites etc. into its own facility “resource recycling center,” and is implementing an advanced level of environmental and social risk management. Environmental and social risks associated with the construction of target properties are expected to be appropriately avoided and mitigated. |
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