Green Bond Fact SheetPET REFINE TECHNOLOGY CO., LTD

Date: 14 October 2020

Issue date: 28-08-2020

Tenor: Confidential

Maturity date: ConfidentialIssuer NamePET REFINE TECHNOLOGYCO., LTD

Amount Issued

JPY1.75 billion

Country of riskJapan

CBI Database

IncludedIssuer Type1

Non Financial Corporate

Bond TypeLoan

Green Bond Framework

Green Bond Framework

Second party opinion

N/A

Certification Standard

Climate Bonds Standard

Assurance report

Pre issuance verification

Certification Verifier

Japan Credit Rating
Agency (JCRA)

Green bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energy performance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Waste management☒ Recycling☒ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use &agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose & paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

Annual reports will be sent to the lender, which will confirm the allocation of theproceeds as well as details of the recycling facility. The report will also include somequantitative information, such as the amount of plastics recycled, for example.

Company information

The company is a subsidiary of JEPLAN, INC., which is a company that is active inrecycling of various materials most of all textiles.

Firsts, records andcertifications

This is the first Certification under the Waste Management Criteria

Proceeds description

The proceeds will be used to finance investments in a PET (polyethyleneterephthalate) bottle recycling factory in Kawasaki City, Japan. The facility will begin
operation in summer of 2021. The factory will be using an innovative chemical
recycling technology, which can remove impurities and contamination from the plastic
waste create feedstock that can be used to make new PET plastics, such as bottles.

Climate Bonds view

We very much welcome this Certification which is related to innovative plastics
recycling technologies. The expansion and growth of such technologies would help
significantly with the enormous plastic waste problem globally. These recycling
facilities are also essential in helping Japan to deliver their important recycling
policies.

Underwriters

Sumitomo Mitsui Banking Corporation
The Mie Bank,Ltd

Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign