#Japan #GHG Reduction #Minato #MOL #Be Forward

Introduction

BE FORWARD CO., LTD., headquartered in Minato, Tokyo, has announced an important initiative in partnership with Mitsui O.S.K. Lines (MOL). Through the Book and Claim service, both companies aim to make substantial contributions toward the reduction of greenhouse gas (GHG) emissions over the period from April 1, 2025, to March 31, 2026. This program forms an integral part of their strategy to promote sustainable mobility and to reinforce collaboration within the maritime industry.

Collaboration for Sustainable Mobility

As a member of the 'BLUE ACTION NET-ZERO ALLIANCE' led by MOL, BE FORWARD has been allocated GHG reduction credits, which signify the company's commitment and contribution towards lowering emissions. Following thorough assessments, the company received a GHG reduction certificate that recognizes its efforts in shipping 1,499 vehicles destined for various African nations using low-carbon fuel derived from liquefied natural gas (LNG). This initiative is considered a significant milestone, as it emphasizes innovation in maritime transport while addressing the pressing challenge of global warming.

Verified Outcomes

To ensure credibility, the GHG reduction efforts have been independently verified by ClassNK, the Japan Maritime Association, bringing international trust and transparency to the evaluation process. The issuance of GHG reduction certificates not only showcases the tangible results of BE FORWARD's sustainable shipping initiative but also serves as a model for future collaborations in the industry, demonstrating how businesses can strategically align their operations with environmental goals.

The Importance of Partnership

The strategic partnership between BE FORWARD and MOL is crucial not only for the success of this project but also for fostering environmentally conscious maritime transport solutions. The push for LNG-fueled vessels initiated by MOL aligns seamlessly with BE FORWARD’s growing demand for transportation services in the African market. This alignment is essential for enhancing the effectiveness of decarbonization efforts across international logistics.

Commitment to Future Sustainability

As BE FORWARD moves forward, the organization plans to expand its collaboration with MOL and other partners in the sector. Their focus remains on increasing low-carbon transport capacities, supporting the sustainable development of the African region, and making significant strides in the global supply chain's decarbonization efforts. The sustainability initiatives represent a larger movement within the transportation sector, aimed at reducing carbon footprints while meeting international shipping demands.

Company Overview

• - Company Name: BE FORWARD CO., LTD.
• - Founded: March 10, 2004
• - Capital: 500 million yen
• - CEO: Hirokazu Yamakawa
• - Headquarters: 6-10-1 Roppongi Hills Mori Tower, 37th Floor, Roppongi, Minato, Tokyo 106-6137, Japan
• - Employee Count: 279 (domestic)
• - Business Scope: Sales and export/import of used vehicles, sales and export/import of automotive parts, management of an EC site, international transportation services, among others.
• - Financial Performance: Revenue of 118 billion yen (FY ending June 2024), with a global sales volume of 156,000 vehicles (FY ending June 2024).
• - Official Website: BE FORWARD Corporate
• - EC Site: BE FORWARD