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08/31/2021Topics

EXEDY Signs ESG Management Support Loan

On August 31, 2021, EXEDY entered into a term loan agreement utilizing the “ESG Management Support Loan” provided by MUFJ Bank, Ltd.
In concluding this term loan agreement, EXEDY’s ESG initiatives, information disclosure, and contribution to the achievement of the SDGs were screened and our company received a high, S-rank* evaluation for the “ESG Management Support Loan”.

Under the corporate philosophy of “Creation of Fulfillment (for our customers, society and our employees)”, the EXEDY Group will continue to contribute to the achievement of the SDGs through the promotion of sustainability activities.

* In the ESG assessment conducted in collaboration with Mitsubishi UFJ Research and Consulting and Japan Credit Rating Agency, Inc., EXEDY Group’s efforts were rated as “industry-leading ESG management”.

Highly rated ESG initiatives

• With regard to ESG initiatives, top management is involved in the development of systems, formulation of policies, and external disclosure (including commitments) for ESG initiatives.
• Risks and opportunities in the ESG domain and materialities (priority issues) are identified and analyzed, a system for periodic review has been established through external disclosure and various meeting bodies.
• Our company has established a company-wide environmental management system, conducts environmental education, sets and manages environmental targets, and organizes related laws and regulations.
• As an automotive supplier, we promote green procurement and develop and market products that reduce CO2 emissions and improve fuel efficiency. EXEDY has also managed to reduce its own power consumption, including energy conservation of existing facilities.
• The EXEDY Code of Conduct has been formulated to share and promote the organization’s values, philosophy, and standards of conduct and norms.