Odazo Flour Co. Secures Positive Impact Finance with Chugoku Bank
In a significant step towards sustainability, Odazo Flour Co. (located at 2767-68 Shioh, Kojima, Kurashiki City, Okayama), under the leadership of President Masashi Oda, has announced the signing of a loan agreement with Chugoku Bank (headquartered in Okayama City, Okayama, led by President Sadakazu Kato). This partnership aligns with the United Nations Environment Programme Finance Initiative (UNEP FI) and follows the principles of Positive Impact Finance, aiming to foster positive contributions to society, the environment, and the economy.
Purpose and Background of Positive Impact Finance
The objective of this finance is to comprehensively assess and monitor the positive and negative impacts of corporate activities, thereby providing economic support through loans. Odazo Flour underwent a thorough evaluation from Chugoku Bank, considering both qualitative and quantitative aspects of its sustainability efforts, leading to the closure of this agreement. Additionally, the company obtained a third-party opinion from Japan Credit Rating Agency, which confirmed compliance with the Positive Impact Finance principles and the rationality of the indicators used.
Overview of the Positive Impact Finance
- - Company Name: Odazo Flour Co.
- - Location: 2767-68 Shioh, Kojima, Kurashiki City, Okayama
- - Representative: Masashi Oda
- - Industry: Flour Milling
- - Loan Amount: 500 million yen
- - Execution Date: July 1, 2025
- - Loan Duration: 7 years
Odazo Flour’s Commitment and Initiatives
Odazo Flour is not just limited to traditional flour milling techniques; it has leveraged its expertise in ultra-fine grinding technology to develop the