日本語 
Carbon EX Co., Ltd. has entered into a business alliance agreement with Sumitomo Mitsui Banking Corporation regarding “J-Credit Creation Support and Trading Services.”
Through this partnership, we will collaborate with Sumitomo Mitsui Banking Corporation to provide support for the creation and trading of J-Credits to companies that have a need for J-Credit creation and trading. We will leverage the knowledge we have cultivated through the operation of the Carbon Credit Integrated AI Platform to support companies’ decarbonization efforts and the expansion of the J-Credit supply.
Background of the business partnership
In recent years, companies have been increasingly required to reduce greenhouse gas (GHG) emissions in order to achieve carbon neutrality and net-zero targets by 2050. However, addressing residual emissions that cannot be reduced solely through their own efforts remains a challenge, and interest in carbon credits, including J-Credits, is growing as a means of supplementing these efforts.
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The J-Credit scheme is a system in which the Japanese government certifies GHG emission reductions through the introduction of energy-saving and renewable energy equipment, as well as GHG absorption through appropriate forest management, as “J-Credits.” Issued J-Credits are traded between companies, and purchasing companies can use them to achieve their GHG emission reduction targets.
On the other hand, companies that create J-Credits face multiple practical burdens, including understanding the system requirements, designing projects, preparing application documents, responding to reviews, and securing sales channels. Companies that purchase J-Credits are required to select credits according to their intended use and purpose, and to confirm the terms of the transaction. Against this backdrop, the importance of a system that provides integrated support for both the creation and trading of J-Credits is increasing.
SOURCE: PRTimes
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