Tokyu Corporation Secures Financing Through DBJ Dialogue-based Sustainability-Linked Loan from Development Bank of Japan (DBJ)
Tokyu Corporation has secured financing through a "DBJ Dialogue-based Sustainability-Linked Loan" from the Development Bank of Japan (DBJ). This marks the first sustainability-linked loan based on Tokyu's "Environmental Vision 2040," aiming to promote GHG emission reduction and sustainable urban development through railway infrastructure investment.
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- 📰 Published: April 1, 2026 at 01:30
- 🔍 Collected: April 1, 2026 at 01:06
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Tokyu Corporation today signed a loan agreement for a "DBJ Dialogue-based Sustainability-Linked Loan" (hereinafter, "this Loan") with the Development Bank of Japan Inc. (hereinafter, "DBJ"). This marks the first sustainability-linked loan based on our "Environmental Vision 2040."
Based on the "Sustainability-Linked Loan Principles" and the "Green Loan and Sustainability-Linked Loan Guidelines," this Loan aims to promote and support the realization of a sustainable society through solving environmental and social issues, and the achievement of sustainable corporate growth. DBJ, as the lender, supports the borrower in setting appropriate Key Performance Indicators (hereinafter, "KPIs") and Sustainability Performance Targets (hereinafter, "SPTs") that contribute to the advancement of sustainability management through dialogue. It also links the borrower's performance against the SPTs with the loan conditions, thereby incentivizing SPT achievement. DBJ sets key initiatives for the borrower to achieve the SPTs as "Dialogue Themes" and provides ongoing support through regular dialogue during the loan period.
Under our group slogan "Towards a Beautiful Era," as an urban development company integrating public transportation and urban development, we have identified "decarbonization and a circular economy" as a materiality and have promoted sustainable urban development in harmony with the environment.
For this Loan, the GHG emission reduction targets set in our "Environmental Vision 2040" are established as KPIs and SPTs.
[Overview of DBJ Dialogue-based Sustainability-Linked Loan]
The funds procured through this Loan will be allocated to capital investments in our railway business, promoting our sustainable management through the introduction of low-environmental-impact facilities and equipment, new rolling stock, and measures for climate change adaptation.
[Reference]
■ Our related releases
Link to "Environmental Vision 2040"
Environmental Vision 2040 formulated to further promote initiatives for realizing towns in harmony with the environment ~Renewing and establishing environmental targets with the concept of "Everyday moments move the future"~｜News Release｜Tokyu Corporation
■ Link to Dialogue Report
https://www.dbj.jp/upload/dbj_news/docs/FINAL_2025FY_taiwa.pdf
For details on the compliance of this Loan with the "Sustainability-Linked Loan Principles" and the "Green Loan and Sustainability-Linked Loan Guidelines," please refer to the Dialogue Report.
Based on the "Sustainability-Linked Loan Principles" and the "Green Loan and Sustainability-Linked Loan Guidelines," this Loan aims to promote and support the realization of a sustainable society through solving environmental and social issues, and the achievement of sustainable corporate growth. DBJ, as the lender, supports the borrower in setting appropriate Key Performance Indicators (hereinafter, "KPIs") and Sustainability Performance Targets (hereinafter, "SPTs") that contribute to the advancement of sustainability management through dialogue. It also links the borrower's performance against the SPTs with the loan conditions, thereby incentivizing SPT achievement. DBJ sets key initiatives for the borrower to achieve the SPTs as "Dialogue Themes" and provides ongoing support through regular dialogue during the loan period.
Under our group slogan "Towards a Beautiful Era," as an urban development company integrating public transportation and urban development, we have identified "decarbonization and a circular economy" as a materiality and have promoted sustainable urban development in harmony with the environment.
For this Loan, the GHG emission reduction targets set in our "Environmental Vision 2040" are established as KPIs and SPTs.
[Overview of DBJ Dialogue-based Sustainability-Linked Loan]
The funds procured through this Loan will be allocated to capital investments in our railway business, promoting our sustainable management through the introduction of low-environmental-impact facilities and equipment, new rolling stock, and measures for climate change adaptation.
[Reference]
■ Our related releases
Link to "Environmental Vision 2040"
Environmental Vision 2040 formulated to further promote initiatives for realizing towns in harmony with the environment ~Renewing and establishing environmental targets with the concept of "Everyday moments move the future"~｜News Release｜Tokyu Corporation
■ Link to Dialogue Report
https://www.dbj.jp/upload/dbj_news/docs/FINAL_2025FY_taiwa.pdf
For details on the compliance of this Loan with the "Sustainability-Linked Loan Principles" and the "Green Loan and Sustainability-Linked Loan Guidelines," please refer to the Dialogue Report.