February 20, 2019

JRTT will raise funds through its 'Sustainability Finance' framework certified by aninternational certification organization for the first time in the Japanese market
1． Summary
Japan Railway Construction, Transport and Technology Agency (hereinafter referred to as “JRTT”) has obtained an
independent verification assessment for its "Sustainability Finance (Bonds and Bank loans)" framework from DNV GL*1, aninternational third-party assessment organization. In addition to the verification from DNV GL on the effectiveness ofenvironmental impact mitigation, JRTT has obtained a certification from Climate Bonds Initiative (CBI), an international NGO
that sets a strict standard to promote large-scale investments towards a low-carbon economy, for the first time in Japan.
JRTT will raise funds through the first "Sustainability Finance” framework in Japanese domestic market in the future.
"Sustainability Finance" must ensure that the use of proceeds (1) has environmental improvement effects (quality of Greenbond)*2 and (2) will contribute to solving social issues (quality of Social bond)*3.
*1) DNV GL：An autonomous and independent foundation headquartered in Oslo, Norway (established in1864 ), A third party
assessment organization.
*2) Quality of Green bond：Mitigation of environmental impact (Construction of low carbon railways which contribute toenvironmental impact mitigation ,prevention of marine pollution caused by ships, etc.)*3) Quality of Social bond：Development of essential transport infrastructure (Construction of railways that can be used bymany people, improvement of sea routes for remote islands, etc.)
2． Schedule(1) Issuance of bonds：JRTT’s bonds will be issued as first “Sustainability Bonds” in Japanese domestic bond market in andafter May 2019 (JRTT plans to issue a total of 117 billion yen bonds in the fiscal year 2019.)(2) Bank loans：The syndicate loans scheduled to be executed in March 2019 (55.3 billion yen) will be provided as first“Sustainability Loans” in Japanese domestic loan market.
<Image of Sustainability Finance>
Invest in Sustainability Bond

Programmatic Cirtificatioin

Investor（Comprehensive certification forboth bonds and loans）

Reduction of environmental
impact and Construction oftransport infrastructure
essential for local
community lives

Certify the eligibility for thequality of green financebased pm the CBI criteria

Verify the eligibility for theSustainability Finance (thequality of Green/Social)based on various criteria

BankFor more details, please refer to the "JRTT Sustainability Finance" webpage.
URL：https://www.jrtt.go.jp/05Ir/ir-sustainabilityfinance.html
This press release is prepared solely for the purpose of public disclosure concerning the bond issuance plan of JRTT and does not constitute a solicitation to invest in
any securities issued by JRTT<Contact Information>
Fund Planning Division, Finance and Fund Planning DepartmentPhone:+81-45-222-9040

Attachment<Consideration of the Use of Proceeds against the 17 UN SDGs >SDGs (goals and target)

JRTT sustainability finance contribution

8.9：By 2030, devise and implement policies

・Joint・Domestic cruise ship alternative

to promote sustainable tourism that createsOwnershipshipbuilding considering tourism visionjobs and promotes local culture andshipbuilding

to support Japan tomorrow (formulatedproductsin March 30, 2016), formulated fordeveloped tourism country

9.1：Develop quality, reliable, sustainable and・Railway・Contribution to ‘Social capital

resilient infrastructure, including regional andConstruction

development plan (Cabinet Decision,transborder infrastructure, to support

・JointSeptember 18, 2015 )’, strengthen

economic development and humanOwnershipinternational competition in metropolis

well-being, with a focus on affordable andshipbuilding

and acceleration of global warming

equitable access for all

countermeasure.

9.4：By 2030, upgrade infrastructure andretrofit industries to make them sustainable,with increased resource-use efficiency andgreater adoption of clean andenvironmentally sound technologies andindustrial processes, with all countries taking
action in accordance with their respective
capabilities
11.2：By 2030, provide access to safe,・Railway

・Providing safe and comfortable service

affordable, accessible and sustainable

Construction

to aged and disabilities people(barriertransport systems for all, improving road・Jointfree transportation law)safety, notably by expanding publicOwnership

・Promoting smooth and convenienttransport, with special attention to the needs

shipbuilding

mobilization of inter-region, according toof those in vulnerable situations, women,

National Spatial Strategies (Cabinet

children, persons with disabilities and older

Decision, August 14, 2015)

persons
11.a：Support positive economic, social andenvironmental links between urban,
per-urban and rural areas by strengthening
national and regional development planning
13.2：Integrate climate change measures into

・Railway

・Improvement of the efficiency ofnational policies, strategies and planning

Construction

transportation by modal connection

・Jointbased on framework of integrated

13.3：Improve education, awareness-raising

Ownership

logistics measure (Cabinet Decision, Julyand human and institutional capacity on

shipbuilding

28, 2017).

climate change mitigation, adaptation, impact

・Contribution to MLIT*4 environmental

reduction and early warning

action plan (partially revised on March2017) ‘Promotion to R&D andapplication for marine segment(including integrated countermeasure
for mitigating the pollution substancesuch as Sox)’

14.1：By 2025, prevent and significantly

・Joint・Marine pollution prevention

reduce marine pollution of all kinds, inOwnershipshipbuilding to mitigate the environment

particular from land-based activities,

shipbuilding

load.

including marine debris and nutrient
pollution*4) MLIT：Ministry of Land Infrastructure, Transport and Tourism, Japan