Green Loan
Learn how we secure funding through green loans to support our environmental conservation activities.
Reporting on Green Loan
On November 22, 2022, NEG secured funding through green loan financing to support projects aimed at reducing our environmental impact. Below are the projects funded through this initiative, all of which meet the eligibility criteria for green loan financing, along with the resulting environmental benefits.
1. Allocation reporting (as of December 31, 2023)
| Eligibility criteria | Amount procured (billion yen) | Amount allocated (billion yen) | Amount unallocated (billion yen) |
| Transition to all-electric melting furnaces and install solar power generation systems | 100 | 95 | 5 |
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Notes:
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Out of the allocated amount, 1.4 billion yen was used for refinancing.
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The remaining unallocated funds are scheduled to be allocated to projects meeting the eligibility criteria by December 2025.
2. Environmental improvement effects in fiscal 2023
| Business area | Eligibility criteria | Power generated (MWh) | CO2 emission reductions (tons) |
| Energy efficiency (energy-efficient equipment) | Switch to all-electric melting furnaces | ― | 22,332 |
| Renewable energy | Solar power systems | 3,267 | 1,016 |
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