Impact Investment Exchange | Orange Capital

In March 2026, ITOCHU received the “Sustainable Bond Award” at the 11th Sustainable Finance Awards, organised by the Research Institute for Environmental Finance (RIEF), following its September 2025 Orange Bond issuance.

As a proud licensed Orange Bond Verifier, In|Flow was thrilled to participate in the Secondary Party Opinion review of the Japanese corporation Itochu’s impact framework, which led to the historic issuance of Japan’s first-ever Orange Bond, and the world’s first issued by a non-financial corporate. Raising JP¥15.2 billion (~US$102M), the bond is dedicated to fostering resilience through embedding equality in coffee plant supply chain financing in Guatemala as well as advancing women’s empowerment through initiatives such as vocational training, inclusive workplaces, fertility support, and perinatal healthcare as part of the corporate strategy.

Constance de Wavrin, Founder of In|Flow, commented:

“This Sustainable Finance Award vouches for the quality and effectiveness of the Orange Bonds Principles in promoting gender equality and women’s empowerment at all levels of the corporate ladder. By asserting our role as Orange Bond Verifier and independent SPO reviewer, In|Flow was able to provide an additional layer of credibility to this game-changing issuance.”