sustainability
A consortium of Japanese financial institutions, energy providers, and technology startups have successfully demonstrated a "24/7 Corporate Power Purchase Agreement" (C-PPA). The trial, led by Mizuho Bank, Mizuho Securities, Mizuho Leasing, Electric Power Development (J-POWER), and the DeepTech startup Scalar, is a step toward real-time carbon-free energy
sustainability
SMBC Group has begun deploying "ASUENE," a specialized cloud-based platform for the visualization, reduction, and reporting of CO2 emissions. This decisive move by the Japanese megabank aims to centralize and automate its environmental reporting across its global network of more than 3,000 locations. The adoption of the
carbon
ASUENE has completed an equity transfer of a 49% stake in ASUENE America Holdings to the Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services (JICT), officially launching a new co-investment partnership. This initiative is designed to support the global growth of startups through a public-private
corporate venture capital
Sumitomo Mitsui Financial Group has announced its decision to further strengthen its strategic capital and business alliance with Asuene, with the aim of accelerating decarbonization in Japan and on a global scale. Sumitomo Mitsui Banking Corporation and Asuene have agreed that “Sustana”, a cloud service provided by SMBC to support
carbon
Sustainable Lab, which provides the platform "TERRAST for Enterprise" to support corporate ESG information disclosure and financial/non-financial data analysis support, has signed an agreement with Tottori Bank to cooperate in helping regional companies achieve ESG and sustainability management. Background of Collaboration Regional companies face unique challenges in
insurtech
Tokio Marine HCC International (TMHCCI), leading the panel, is joined by Markel and Apollo in announcing they are providing insurance capacity for Artio, to power its data-driven early-stage carbon credit delivery insurance product. The new, innovative cover will be available to businesses globally with immediate effect. Artio's data
carbon
Nomura Securities has signed a memorandum of understanding (MOU) with Shonaikomekobo Corporation for a business collaboration aimed at promoting decarbonization and enhancing agriculture using biochar. Shonaikomekobo is a group of farmers and agricultural successors from the Shonai region of Yamagata Prefecture in Japan engaged in rice cultivation and other agricultural
ESG
Global carbon ratings agency BeZero Carbon has completed a USD 32 million Series C investment round to enable carbon markets through ratings. The round is led by Temasek-founded GenZero, a decarbonisation-focused global investment firm headquartered in Singapore, with additional investment from Japan Airlines and the Translink Innovation Fund. Existing investors