June 20, 2024
Temix Green Co., Ltd.
Sumitomo Mitsui Banking Corporation Net Bank, Ltd.
Temix Green Co., Ltd. (Headquartered in Minato-ku, Tokyo, Representative Director and President: Tomoyuki Naoumi, hereinafter referred to as 'THEMIX Green') hereby announces that it has signed an agreement with Sumitomo Mitsui Banking Corporation Net Bank, Ltd. (Headquartered in Minato-ku, Tokyo, Representative Director and President (CEO): Houshou Maruyama, hereinafter referred to as 'Sumitomo Mitsui Net Bank'), Mapley Co., Ltd. (Headquartered in Tanba City, Hyogo Prefecture, Representative Director: Keiji Yamaguchi, hereinafter referred to as 'Maply'), and Salesforce.com Japan Co., Ltd. (Headquartered in Chiyoda-ku, Tokyo, President: Shinichi Koide, hereinafter referred to as 'Salesforce'), to promote the utilization of the J-Credit System (*) and sign the agreement with Mie Prefecture (hereinafter referred to as 'this Agreement').
| Background of this initiative
On Tuesday, October 10, 2023, Sumitomo Mitsui Net Bank established THEMIX Green, a strategic subsidiary to promote the Carbon Credit Business and Forestry/Forest Management DX Business, with the aim of maximizing forest value and reducing environmental impact through the creation and distribution of carbon credits from forest sources using the J-Credit System, and achieving DX in the forest supply chain.
In order to promote this initiative, THEMIX Green and Sumitomo Mitsui Net Bank have formed business alliances with Maply and Salesforce, respectively, to jointly promote the digital platform business of forestry and forest administration DX and carbon credit issuance by integrating their respective services and know-how.
| Contents of this agreement
The four companies have agreed to cooperate and cooperate with Mie Prefecture on the following matters:
(1) Verification of business schemes for creating and selling J-Credits
(2) DX of forestry to promote the creation of J-Credits
| Future developments
Through this initiative, THEMIX Green and Sumitomo Mitsui Net Bank will aim to promote the DX of forestry and forest administration and the construction of new business schemes in Mie Prefecture.
In addition, we will collaborate with other local governments and consider establishing business models for the Carbon Credit Business and Forestry DX Business as well as creating credits other than forest sources and establishing carbon offset methodologies.
| Company details
Name | Temix Green Co., Ltd. |
Location | 2-1 Roppongi 3-chome, Minato-ku, Tokyo |
Position and name of representative | Representative Director and President, Tomoyuki Naoumi |
Main business activities | Buying and selling/intermediation of carbon credits |
Name | Resona SBI Net Bank, Ltd. |
Location | 2-1 Roppongi 3-chome, Minato-ku, Tokyo |
Title and name of the representative | President and CEO, Yoshiaki Maruyama |
Main business activities | Banking business |
Name | Maplee, Inc. |
Location | 165 Tada, Kasugacho, Tamba-shi, Hyogo Pref. |
Title and name of the representative | Keiji Yamaguchi, President and CEO |
Main business activities | Development of GIS applications and LiDAR products |
Name | Salesforce.com Japan, Ltd. |
Location | 1-3 Marunouchi 1-chome, Chiyoda-ku, Tokyo |
Title and name of the representative | Chairman and CEO, Shinichi Koide |
Main business activities | Provision of cloud applications and cloud platforms |
THEMIX Green aims to promote forestry and forestry management DX by utilizing cutting-edge technology, and to reduce environmental impact and contribute to the sustainable development of the global environment, economy, and society by supporting local carbon neutrality through the consumption of carbon credits produced locally. *The J-credit system is a system in which the country certifies the reduction of CO2 emissions through the introduction of energy-saving equipment or the use of renewable energy, as well as the absorption of CO2 through appropriate forest management, as "credits." This system is operated by the country and has developed into a system in which domestic credit systems and offset credits (J-VER) are integrally combined.
Above.