ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Climate Change

Japan's largest farm lender to pour $90bn into ESG projects

Norinchukin Bank pushes businesses to cut greenhouse gas emissions by 50%

Norinchukin will pour money into projects that will help mitigate climate change.   © Reuters

TOKYO -- Norinchukin Bank, Japan's largest agricultural lender, will spend 10 trillion yen ($91.8 billion) in investments and loans for projects promoting environmental, social and corporate governance goals over the next decade. 

This comes to roughly 1 trillion yen a year on ESG funding through the fiscal year ending March 2031, up 70% from the 600 billion yen spent in fiscal 2020.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more