Business Wire

Moody's ESG Solutions Group: V.E provides Second Party Opinion on Toyota Motor Corporation's Woven Planet Bond Framework

Share

Moody's ESG Solutions Group announced today that Moody's affiliate V.E has provided a Second Party Opinion (SPO) on Toyota Motor Corporation's Woven Planet Bond Framework, an inaugural sustainability bond in the Japanese automotive sector. The framework – which V.E considers aligned with the four core components of the Green Bond Principles, Social Bond Principles and Sustainability Bond Guideline – will finance safety technologies, assisted mobility vehicles, clean transportation, and renewable energy intiatives. The framework’s objectives aim to contribute to multiple Sustainability Development Goals that improve the safety, accessibility and sustainability of transportation.

“In our assessment, the bonds issued via this framework will make a ‘robust’ contribution to sustainability objectives,” said Juliette Macresy, Executive Director for Sustainable Finance at V.E. “We see significant and consistent evidence that the proceeds will be allocated to projects aimed at reducing greenhouse gas emissions from Toyota’s vehicles. The projects include manufacturing zero-emission vehicles, acquiring renewable energy, and ensuring that vehicles are equipped with advanced safety features to protect drivers and pedestrians. We expect continued momentum towards sustainability in the automotive sector to meet increasing global regulatory requirements and to support the drive towards sustainable and safe mobility.”

V.E’s SPOs on sustainability credentials help market participants secure financing through sustainable bonds and loans, strengthen issuers’ and projects’ credibility, and give investors confidence. To date, V.E has provided more than 300 SPOs – including award-winning and pioneering missions – on sustainable financing operations, with over 30 from the Asia Pacific region.

V.E’s SPO on Toyota Motor Corporation’s Woven Planet Bond Framework is available here: https://vigeo-eiris.com/toyota_spo_sustainability_bond/

ABOUT MOODY’S ESG SOLUTIONS

Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody's Investors Service (MIS) and Moody's Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.

Moody’s ESG Solutions Group includes V.E and Four Twenty Seven, both affiliates of Moody’s. For more information visit Moody’s ESG & Climate Risk hub at www.moodys.com/esg

Contact information

Moody’s ESG Solutions:
Lisa Stanton
MD-Global Sales Lead/ESG
+1 (415) 874-6000
Lisa.Stanton@moodys.com

Media inquiries:
Julian Knapp
VP, Communications
+44 (207) 772-1967
Julian.Knapp@moodys.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

BIO KOREA 2021 International Convention Is Ready - Showing What Makes Korea’s Bio-health Market at Record High20.4.2021 15:00:00 EEST | Press release

The 16th edition of BIO KOREA, the reference B2B event for global biotech and health industry professionals interested in opportunities in the Asian region, will be held online from 9th to 21st June 2021 with an onsite show at COEX in Seoul from 9th to 11th June. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420005089/en/ In the global market, the bio-health industry is notching an annual average growth rate of 4 percent, higher than the shipbuilding and auto-making industry at 2.9 percent and at 1.5 percent, respectively. Especially, the Korean bio-health industry shows remarkable growth – its bio-health industry set a new milestone in outbound shipments with a 50 percent jump last year, led by robust demand for COVID-19 test kits and biosimilar products. With the record high export figures, the bio-health sector joins the ranks of the mainstay export industry for the first time in its history. The game-changers of the

Munich Re’s Consulting Unit Boosts Its Pricing Capabilities With Akur8 in Global Cooperation20.4.2021 15:00:00 EEST | Press release

Akur8 is delighted to announce their global cooperation agreement with Munich Re to boost Munich Re’s pricing capabilities for their Global Consulting Unit 1. With this agreement, Munich Re will have access to a new state-of-the-art rate modelling solution and Akur8 will reinforce its footprint by partnering with one of the world’s leading providers of insurance, reinsurance and insurance-related risk solutions. This non-exclusive cooperation is global, with users in multiple Munich Re operating geographies. All Munich Re entities and clients can benefit from the joint approach and tap into this solution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420005018/en/ Specifically developed for insurance, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modelling, using transparent Artificial Intelligence proprietary technology. The core benefits for insurers include a reduction in modellin

Woolworths Group Selects One Door to Improve the Store Team Experience20.4.2021 15:00:00 EEST | Press release

One Door, Inc., the leading provider of cloud-based visual merchandising software, today announced a new multi-year agreement with the Woolworths Group. Woolworths will implement One Door’s Merchandising Cloud platform across its supermarkets to simplify and streamline work for its in-store merchandising teams. “We are thrilled to partner with Woolworths to have a positive impact on the lives of their customers and team,” said Tom Erskine, CEO of One Door. “Woolworths is a proven retail innovator and we both believe we are only just beginning to jointly understand how these technologies can ultimately improve the work experience for store teams and improve the overall customer experience.” “We’re pleased to partner with One Door to roll out Merchandising Cloud for the benefit of our teams and customers,” said Doug Frank, Woolworths General Manager Group Data & Analytics. “One Door allows us to simplify a critical and time intensive task - making life easier for in-store merchandisers a

Globality Recognized as HFS Hot Vendor by HFS Research20.4.2021 15:00:00 EEST | Press release

Globality, the technology company behind the leading AI-powered digital Platform for sourcing complex, enterprise services, has been recognized as an HFS Hot Vendor by HFS Research, the leading analyst advisory authority covering global IT services, emerging technologies and business operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420005687/en/ (Graphic: Business Wire) In the HFS Hot Vendor Report Q1 2021, HFS commends Globality for having “an innovative solution for smart self-sourcing utilizing the combination of automation, AI, and analytics,” while noting that “early mover advantage in the self-service procurement space provides a competitive advantage.” As the report highlights: “With Globality’s sourcing platform, enterprises can embark on intelligent self-service procurement that helps them understand the risks of what they buy, effectively collaborating with stakeholders during the sourcing process, ide

Anari AI Raises $2M to Rebuild the AI Hardware Industry Through Personalized Cloud Chips20.4.2021 14:59:00 EEST | Press release

Anari AI, an AI chip factory in the cloud, today announced it has raised $2 million in seed funding led by Earlybird, with participation from Acequia Capital, Serbian Entrepreneurs, and Eric Ries, author and founder of The Lean Startup. The new funding will be used to continue developing the platform and bring it to market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420005700/en/ Anari AI: Hardware as code (Photo: Business Wire) Anari’s platform makes it possible to design personalized AI chips in the cloud with just one click. With this approach, companies are able to build and deploy AI solutions in weeks instead of 12-18 months, and at a fraction of the cost of traditional hardware development. “AI continues to be growing in size and complexity, and this rate of growth is outpacing standard CPU and GPU performance gains,” said Roland Manger, co-founder and Partner at Earlybird. “Dedicated designs or flexible archit

New gPROMS Process – Process Modelling and Optimization for the Digital World20.4.2021 14:47:00 EEST | Press release

Process Systems Enterprise (PSE), a Siemens business, today released its rebranded gPROMS Process advanced process modelling environment. Formerly known as gPROMS ProcessBuilder, gPROMS Process 2.0 is the first major release since PSE was acquired by Siemens. Eckard Eberle, CEO of Siemens Digital Industries Process Automation division, says “the significantly enhanced capabilities and functionality you see in this release reflect the substantial investment Siemens is making into product development within PSE to provide the process industries with a new generation of digital tools.” Costas Pantelides, PSE CEO and architect of the gPROMS platform, says “The name change signifies a break with the past. Until now, ProcessBuilder has been an environment for sophisticated users who are typically running high-value, complex optimizations. This is the first release in a major, multi-year development programme that will bring the cutting-edge capabilities of the gPROMS platform to users across

Velodyne Lidar Signs Multi-Year Sales Agreement with Gatik20.4.2021 13:48:00 EEST | Press release

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a multi-year sales agreement with Gatik, the industry leader in automating on-road transportation networks for B2B middle mile logistics. Gatik uses Velodyne’s lidar sensors as a key part of a fully redundant sensor suite to deliver goods safely and efficiently between micro-fulfilment centers, dark stores and retail locations – a logistics flow known as the middle mile. Gatik fulfills revenue-generating autonomous orders daily for multiple Fortune 500 customers in the US and Canada, including Walmart, reducing customer costs and keeping delivery times short. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420005317/en/ Velodyne Lidar announced a multi-year sales agreement with Gatik, industry leader in automating on-road transportation networks for B2B middle mile logistics. Gatik uses Velodyne’s lidar sensors to support short-haul logistics with precise, reliable

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom