A pioneering financial collaboration between LCI, an industry-leading aviation company, and Sumitomo Mitsui Finance and Leasing Co., Ltd (SMFL) has resulted in a significant loan facility totaling $420 million. This capital is earmarked for the acquisition of helicopters essential for emergency medical services (EMS) and search-and-rescue (SAR) missions. The funding comes from four prominent global financial institutions, marking a substantial commitment to social impact projects. Moreover, this initiative underscores both companies' dedication to sustainable development goals and their innovative approach to financing critical infrastructure.
Pioneering Financial Support for Critical Missions
The newly established loan facilities represent a groundbreaking partnership that aims to enhance community safety and well-being. The funds will primarily be used to acquire specialized helicopters crucial for emergency response operations. By securing these resources, LCI and SMFL are demonstrating their commitment to improving public health and supporting vital infrastructure development. This collaboration not only strengthens local communities but also aligns with global sustainability objectives.
In November 2023, LCI and SMFL introduced a Social Loan Framework under their joint venture. This framework, the first of its kind in the helicopter leasing sector, adheres to internationally recognized Social Loan Principles. It has received the highest rating of "Social 1(F)" from the Japan Credit Rating Agency. This framework is integral to LCI's responsibility program and reflects SMFL’s long-term commitment to the UN’s Sustainable Development Goals (SDGs). Specifically, it supports 'Good Health and Well-being,' 'Industry, Innovation, and Infrastructure,' and 'Sustainable Cities and Communities.' Through this initiative, LCI and SMFL aim to make a tangible difference in people's lives by enhancing emergency response capabilities.
Commitment to Sustainability and Community Impact
The collaboration between LCI and SMFL extends beyond financial support. Both organizations have integrated sustainability into their core strategies. LCI, as a signatory to Aircraft Leasing Ireland’s (ALI) Sustainability Charter, is committed to achieving net-zero emissions by 2050. This charter emphasizes ten priority sustainability principles, underscoring LCI's dedication to environmental stewardship and social responsibility. Meanwhile, SMFL’s commitment to the UN’s SDGs is reflected in its corporate policy, 'The SMFL Way,' which prioritizes long-term sustainable development.
The acquisition of EMS and SAR helicopters through this loan facility directly contributes to several key SDGs. These aircraft play a crucial role in providing timely medical assistance and rescue operations, thereby enhancing public health and well-being. Furthermore, they support the development of robust infrastructure and resilient cities and communities. By investing in these critical assets, LCI and SMFL are not only advancing their business objectives but also making a lasting positive impact on society. This initiative exemplifies how strategic partnerships can drive meaningful change and contribute to a more sustainable future.