#Japan #Tokyo #Cosmo Energy #Green Transformation #GX Startup

Cosmo Energy Holdings Selected for Tokyo's GX Startup Initiative

In a significant milestone for sustainability, Cosmo Energy Holdings Co., Ltd. has become the first energy-related company to be chosen as a support recipient for Tokyo's innovative "GX Startup Project." This announcement, made on November 25, 2025, highlights the company's commitment to facilitating green transformation (GX) initiatives in collaboration with startups.

The GX Startup Project is an effort by the Tokyo Metropolitan Government to foster collaborations between startups with GX-related technologies and established businesses. The project aims to accelerate the social implementation and business growth of sustainable technologies, bridging the gap between fresh technological innovations and their practical applications in society. The government will support the entire process, from matching startups with corporate partners to formalizing letters of intent (LOIs) and off-take agreements.

With the selection in hand, Cosmo Energy Holdings anticipates rapid deployment of the innovative GX technologies that startups offer. This effort is expected to contribute to greenhouse gas (GHG) reduction, stabilization of low-carbon energy supplies, and the creation of new markets focused on green transformation. As the company works toward achieving a carbon-neutral society by 2050, this initiative aligns closely with their mid-long term objective known as "Vision 2030."

The GX Startup Project not only seeks to explore new business avenues in the GX sector but also directly supports key areas outlined in the "Vision 2030" target plan. These areas include enhancing the green power supply chain, expanding next-generation energy resources, and advancing decarbonization and low-carbon technologies in the oil sector. Through this initiative, Cosmo Energy Group aims to interrogate its strategies continuously, thereby ensuring its sustainable growth while addressing pressing social challenges.

Furthermore, the company is determined to enhance public-private partnerships to promote GX initiatives actively. This commitment underscores Cosmo Energy Holdings' role in contributing to the realization of a sustainable society, reflecting a broader societal need for innovative energy solutions. In summary, as Tokyo's GX Startup Project progresses, it may serve as a blueprint for how metropolitan governments can facilitate transformations toward more sustainable energy practices in collaboration with private entities.

For more information, please visit the Tokyo Metropolitan Government's GX Startup Project website.