June 14, 2024

Asuene Inc. has formed capital and business alliance with 6 major companies in the finance, manufacturing, IT, and logistics industries, including Sumitomo Mitsui Banking Corporation

by | June 14, 2024 | 0 comments

Asuene Inc. has formed capital and business alliance agreements with 6 leading companies—Sumitomo Mitsui Banking Corporation, SBI Group, Murata Manufacturing Co., Ltd., Ricoh Company, Ltd., NIPPON EXPRESS Holdings, Inc., and KDDI Corporation—to advance decarbonization and ESG management in Japan and globally.

Background of the Capital and Business Alliance

The Japanese government has announced its policy to mandate participation in the emissions trading system “GX-ETS” from FY2026, requiring companies with substantial CO2 emissions in industries such as power, steel, and chemical to comply. Companies will be obligated to move beyond voluntary CO2 emission reductions to trading surplus reduction quotas and purchasing carbon credits based on their reduction achievements.

Prime Minister Kishida has also directed the formulation of the “GX2040 Vision” as a national strategy for decarbonization, aiming for a transformation of industrial and social structures towards GX. In line with this vision, the Sustainability Standards Board of Japan (SSBJ) is drafting disclosure standards, and the Financial Services Agency is considering mandatory disclosure of greenhouse gas emissions, urging companies to accelerate their decarbonization efforts with transparency and accountability.

In this context, we believe that partnerships with leading companies in finance, real estate, manufacturing, IT, and logistics sectors will significantly contribute to promoting decarbonization domestically and internationally. Hence, we have entered into business alliance agreements with six industry-leading companies—Sumitomo Mitsui Banking Corporation, SBI Group, Murata Manufacturing Co., Ltd., Ricoh Company, Ltd., NIPPON EXPRESS Holdings, Inc., and KDDI Corporation. Through these powerful alliances, we will advance product development, enhance functions, develop industry-specific solutions, and strengthen consulting services.

Partnering with these major companies is also a significant growth opportunity for us and a major step towards realizing our mission of “Creating a Better World for the Next Generation.” Together with these companies, we will contribute to the creation of a sustainable society.

Details of the Business Alliances with Each Company

・By deepening collaboration with Asuene Inc., a leading provider of GHG emission visualization cloud services in Japan, Sumitomo Mitsui Banking Corporation will offer effective decarbonization management solutions based on factual data to a larger number of customers.

・Further strengthening collaboration on the carbon credit and emissions trading exchange “Carbon EX,” a joint venture with SBI Holdings.

・Collaborating with SBI Shinsei Bank in the areas of decarbonization and ESG.

・Implementing “ASUENE” to measure CO2 emissions across the supply chain, enhancing efforts from information disclosure to reduction measures.

・Jointly promoting decarbonization management support for the supply chain.

・Enhancing functions and services for the manufacturing industry through deepened collaboration between Murata Manufacturing and Asuene Inc.

・Further strengthening and promoting collaboration in providing decarbonization and environmentally conscious solutions, from CO2 emissions visualization to the creation of decarbonization roadmaps, reporting, and information disclosure.

・Implementing “ASUENE” to visualize CO2 emissions and formulate and execute reduction measures.

・Integrating “ASUENE” with NX Group’s CO2 emissions calculation tool “Eco Trans Navi.”

・Offering NX Group’s logistics decarbonization solutions to Asuene’s customers.

・Jointly developing new functions and services utilizing carbon credits and emissions trading exchanges.

・Providing one-stop decarbonization support through “ASUENE” and KDDI’s “KDDI Green Digital Solution.

・Promoting domestic and international sales and marketing collaboration for both companies’ decarbonization support solutions.

This press release has also been published on VRITIMES

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