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TOPPAN FORMS Invests in Social Bond Issued by JICA
Contribution to building a sustainable society through ESG investment

Sep 24, 2019

DigitalHybrid Company TOPPAN FORMS CO., LTD. (hereinafter “TOPPAN FORMS”) decided to invest in a social bond, the 50th JICA bond (hereinafter “TICAD bond”), issued by Japan International Cooperation Agency (hereinafter “JICA”).
A social bond is issued to finance a project that solves a social issue.
To achieve the objective of practical CSR activities and continued strengthening in its mid-term management plan, TOPPAN FORMS takes a variety of measures to contribute to the sustainable growth of society. In formulating these measures, TOPPAN FORMS selects activities on which it should work with awareness from the standpoint of requests and expectations of the Group from society and the Sustainable Development Goals (hereinafter “SDGs”) set by the United Nations.
As part of these measures, TOPPAN FORMS decided on the investment in a bid to contribute to building a sustainable society through ESG investment.

About TICAD bond

JICA works on a variety of initiatives in Africa in a bid to promote the Japanese government’s commitment to issues related to development and priorities that should be addressed, which were discussed at the Tokyo International Conference on African Development (hereinafter “TICAD”), a summit-level international meeting launched by Japan in 1993, and achieve the SDGs. A TICAD bond is issued to finance JICA’s initiatives in Africa and a second opinion has been obtained from an independent third party, the Japan Research Institute, Limited, as a bond that is compliant with the characteristics of a social bond as defined by the International Capital Market Association.

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