Intelligent CXO Issue 01 | Page 57

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TOYOTA PLANS TO ISSUE ‘ WOVEN PLANET BONDS ’

Toyota Motor Corporation ( TMC ) has announced that it plans to issue ‘ Woven Planet Bonds ’ to raise funds for projects that contribute to the UN Sustainable Development Goals ( SDGs ).

The maximum issuance amount is planned to be a combined total of approximately 500 billion yen of yen-denominated and foreign currency-denominated bonds .
The automobile industry is entering a once-in-a-century transformational period . Taking advantage of this opportunity , TMC is transforming itself from an automobile manufacturing company into a mobility company .
Through its effort to evolve , TMC hopes to provide society with greater value and contribute to the achievement of the SDGs through its business activities .
In addition to initiatives to solve social issues related to safety and the environment , TMC has been advancing initiatives for building a mobility society of the future . To raise funds necessary for such initiatives and accelerate its SDG initiatives , TMC plans to issue its Woven Planet Bonds .
TMC ' s Woven Planet initiatives represent the company ' s determination to move step by step toward the future in the Toyota Philosophy spirit of ‘ doing things for someone other than ourselves ’, which TMC has safeguarded and nurtured since its founding , and the SDG spirit of ‘ leaving no-one behind ’.
The ‘ Woven ’ of Woven Planet stems from the founding spirit that Sakichi Toyoda – Toyota Group ' s founder – had of ‘ wanting to help his mother and others ’ when he invented the Toyoda automatic loom that led to the establishment of TMC .
It also means to ‘ weave ’ together the ‘ streets ’ that are necessary to support the development and implementation of autonomous driving and mobility services .
TMC will aim to create new services and products by connecting goods , information and cities through software and connected technology centred on people .
Meanwhile , the ‘ Planet ’ of Woven Planet comes from the ambition to leave a beautiful home for the next generation , which embodies the global perspective that Earth is our ‘ home planet ’, similar to our hometown or home country , and the people that live on this planet contribute to the future .
Instead of conflicts , if each individual were united with the simple idea of ‘ wanting to use one ' s strength for others ’, TMC believes
THROUGH ITS EFFORT TO EVOLVE , TMC HOPES TO PROVIDE SOCIETY WITH GREATER VALUE AND CONTRIBUTE TO THE ACHIEVEMENT OF THE SDGS THROUGH ITS BUSINESS ACTIVITIES .
this would contribute to achievement of the SDGs . Based on these ideas , TMC will continue to work on creating a better world , as envisioned by the SDGs and the international community . x www . intelligentcxo . com
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