"INTERNATIONAL"
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(58th)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
“Bond”) planned to be issued in February 2020 by Japan Student Services Organization (the“JASSO”or the“Issuer”), which will be called as No. 58 JASSO Bond. Our opinion is established according to Vigeo Eiris’Environmental, Social and Governance (“ESG”) exclusive assessment methodology and to the International Capital Market Association’s Social Bond Principles voluntary guidelines edited in June 2018 (“SBP”) . The opinion is based on the review of the following components: •Issuer: assessment of the Issuer’s ESG performance, its management of potential stakeholders-related ESG controversies and its involvement in controversial activities3. •Issuance: assessment of the coherence
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(59th)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
”) planned to be issued in June 2020 by Japan Student Services Organization (the“JASSO”or the“Issuer”), which will be called as No. 59 JASSO Bond. Our opinion is established according to Vigeo Eiris’Environmental, Social and Governance (“ESG”) exclusive assessment methodology and to the International Capital Market Association’s Social Bond Principles voluntary guidelines edited in June 2018 (“SBP”) . The opinion is based on the review of the following components: •Issuer: assessment of the Issuer’s ESG performance, its management of potential stakeholders-related ESG controversies and its involvement in controversial activities3. •Issuance: assessment of the coherence between
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(60th)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
was founded as an independent administrative institution on April 1, 2004 under the Ministry of Education, Culture, Sports, Science and Technology (Monbukagakusho) for the purpose of organising and integrating various student support services for higher education in Japan. JASSO comprehensively administers scholarship programs, support programs for international students, and student support programs. Integration of ESG factors in the Issuer’s commitments and strategy As of June 2019, JASSO’s integration of ESG factors in its commitments and strategy is considered is considered to be good. < Table 1 > Integration of ESG factors in commitments and strategy Domain Comments Opinion Environment
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(61th)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
was founded as an independent administrative institution on April 1, 2004 under the Ministry of Education, Culture, Sports, Science and Technology (Monbukagakusho) for the purpose of organising and integrating various student support services for higher education in Japan. JASSO comprehensively administers scholarship programs, support programs for international students, and student support programs. Integration of ESG factors in the Issuer’s commitments and strategy As of August 2020, JASSO’s integration of ESG factors in its commitments and strategy is considered is considered to be good. < Table 1 > Integration of ESG factors in commitments and strategy Domain Comments Opinion Environment
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(56th)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
“Bond”) planned to be issued in September 2019 by Japan Student Services Organization (the“JASSO”or the“Issuer”), which will be called as No. 56 JASSO Bond. Our opinion is established according to Vigeo Eiris’Environmental, Social and Governance (“ESG”) exclusive assessment methodology and to the International Capital Market Association’s Social Bond Principles voluntary guidelines edited in June 2018 (“SBP”) . The opinion is based on the review of the following components: •Issuer: assessment of the Issuer’s ESG performance, its management of potential stakeholders-related ESG controversies and its involvement in controversial activities2. •Issuance: assessment of the coherence
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Report on the Use of the Funds and Their Social Impacts(FY2018)
for Japanese Students JASSO’s Programs JASSO contributes to the achievement of UN Sustainable Development Goal (SDGs) #4“Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all”through its scholarship programs for Japanese students, while working on support programs for international students, which promote international student exchanges, and student support programs, which provide support for career education and job search and for students with disabilities. Page.1 With globalization, Japan is expected to enhance the international competitiveness of the education and research level of universities and to strategically acquire academically outstanding international students, and it
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Report on the Use of the Funds and Their Social Impacts(FY2019)
Japan student services organization JASSO’s Programs JASSO contributes to the achievement of UN Sustainable Development Goal (SDGs) #4“Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all”through its scholarship programs for Japanese students, while working on support programs for international students, which promote international student exchanges, and student support programs, which provide support for career education and job search and for students with disabilities. Under the philosophy of“equal opportunity for education”as stipulated in the Constitution and the Fundamental Law of Education, JASSO provides scholarships loans for achieving students who find it
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(62nd)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO'S SOCIAL BOND
was founded as an independent administrative institution on April 1, 2004 under the Ministry of Education, Culture, Sports, Science and Technology (Monbukagakusho) for the purpose of organising and integrating various student support services for higher education in Japan. JASSO comprehensively administers scholarship programs, support programs for international students, and student support programs. Integration of ESG factors in the Issuer’s commitments and strategy As of November 2020, JASSO’s integration of ESG factors in its commitments and strategy is considered to be good. Table 1. Integration of ESG factors in commitments and strategy Domain Comments Opinion Environment JASSO’s
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(52nd)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
to make any kind of business transaction. The opinion delivered on stakeholder-related ESG controversies is not a conclusion on the creditworthiness of JASSO’s or its financial obligations. We do not express an opinion as a score when controversial activities, products and services are not prohibited by international standards or treaties. The controversial activities research provides screening on companies to identify involvement in business activities that are subject to philosophical or moral beliefs. The information does not suggest any approval or disapproval on their content from Vigeo Eiris. Restriction on distribution and use of this Second Party Opinion:
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(53rd)SECOND PARTY OPINION ON THE SUSTAINABILITY OF JASSO’S SOCIAL BOND
to make any kind of business transaction. The opinion delivered on stakeholder-related ESG controversies is not a conclusion on the creditworthiness of JASSO’s or its financial obligations. We do not express an opinion as a score when controversial activities, products and services are not prohibited by international standards or treaties. The controversial activities research provides screening on companies to identify involvement in business activities that are subject to philosophical or moral beliefs. The information does not suggest any approval or disapproval on their content from Vigeo Eiris. Restriction on distribution and use of this Second Party Opinion:
