Z : Allocations of Z Holdings Corporation's Green Bond
July 14, 2023 at 02:14 am
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2023.07.14
Z Holdings Corporation
Z Holdings Corporation (hereinafter "ZHD") hereby announces the allocation of proceeds and environmental benefits derived from the unsecured corporate bond (green bond) maturing in 2028, issued in July 2021. Details are as follows.
1.Allocation reporting (As of March 31, 2023)
The procured funds have been allocated to the eligible projects as follows.
Eligible projects
1)Construction, refurbishment, acquisition, or operation of data centers that achieve a Power Usage Effectiveness (PUE) of less than 1.5 (Project category: energy efficiency)
i.Shirakawa Data Center: capital expenditure (Refinancing)
ii.Actapio Data Center: capital expenditure (Refinancing)
iii.Kitakyushu Data Center: capital expenditure (Construction of a new building)
2)Sourcing of electricity to be used for data center operation from renewable energy (Project category: renewable energy)
(JPY billion)
Item
Amount
Procured amount
20
Allocated amount
20
Unallocated amount
0
2.Impact reporting
The quantitative indicators of environmental improvement are as follows.
1)PUE values of data centers
2)Amount of electricity procured from renewable energy sources (kWh)
Item
FY2022
PUE values
1.33
Amount of electricity procured
290,274,774kWh
3.Annual review by a third-party organization
An annual review by Sustainalytics has confirmed that the projects funded with the proceeds met the use of proceeds and eligibility criteria outlined in the ZHD Green Bond Framework. Please refer to the following for details on the results of the annual review.
With the aim of accelerating its carbon neutral initiatives, ZHD issued this green bond, as a means of raising funds for projects that contribute to solving environmental issues. Under the mission, 'UPDATE THE WORLD - unleashing the infinite potential of all people with the power of information technology,' ZHD will continue to work more closely with a wide range of stakeholders and contribute to the realization of a sustainable society.
Unless otherwise specified, English-language documents are prepared solely for the convenience of non-Japanese speakers. If there is any inconsistency between the English-language documents and the Japanese-language documents, the Japanese-language documents will prevail.
Z Holdings Corporation published this content on 14 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2023 06:13:01 UTC.
Z Holdings Corporation is a holding company organized around 3 areas of activity:
- operation of e-commerce portals (69.5% of net sales): primarily operation of the Yahoo! Japan Shopping, PayPay Mall, ASKUL, Lohaco, Zozotown, Line Friends and Line Gift online stores. In addition, the group operates online auction platforms (Yahuoku!, PayPay Flea Market, etc.), online hotel and travel booking platforms (Yahoo! Japan Travel, Ikyu Travel, etc.) and electronic payment and financial services platforms (PayPay Card, PayPay Bank, LINE Securities, etc.) ;
- media services (28.2%): Internet advertising and marketing services, operation of generalist portals providing Internet tools and services (search engines, e-mail, discussion forums, electronic diaries, instant messaging, etc.), and content ( e-books, video content, thematic directories, news, etc.);
- other (2.3%).