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Yokohama Rubber concludes eco-linked loan

For the past six years, Japan’s Mizuho Bank has provided financing through its Mizuho Environmentally Conscious Finance (Mizuho Eco Finance) service to clients implementing decarbonisation programmes. On 17 June, it concluded a loan agreement with The Yokohama Rubber Co., Ltd., further supporting the tyre maker’s aim of reducing CO₂ emissions from company activities by 40 per cent by 2030 compared to fiscal 2019 and achieving carbon neutrality by 2050.

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Related news:

  1. Yokohama acquiring Japanese industrial tyre manufacturer
  2. Yokohama Rubber unveils centennial logomark
  3. Two further ESG indices include Yokohama Rubber stock
  4. Yokohama opens indoor winter tyre test facility
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Michelin decarbonising Cataroux site in France

Michelin has chosen utility firm Engie to optimise energy consumption at its Cataroux site in Clermont-Ferrand, France, and hence strongly reduce its greenhouse gas emissions. In addition to managing utilities such as steam, heating, chilled water and compressed air, the ten-year contract provides for the design and operation of new energy facilities and the installation of a waste heat recovery system.

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Related news:

  1. Michelin giveth, Michelin taketh away – French investments, retreading plant closure
  2. Michelin inaugurates 20 million euro reception building at Clermont-Ferrand Michelin HQ
  3. Gordon Bennett! Michelin celebrates anniversary in Clermont Ferrand
  4. Ghosn’s gone
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