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A Step Towards Carbon Neutrality: Enerbank's Contribution to SMT Panasonic Finance

In a significant initiative, Enerbank Co., Ltd., led by co-founders Kenichi Muranaka and Jogo Sato, has provided non-fossil certificates for SMT Panasonic Finance Co., Ltd. This partnership not only aids SMT Panasonic in achieving its goal of carbon neutrality but also promotes the importance of renewable energy in corporate operations.

Background of the Partnership

Enerbank, based in Chuo, Tokyo, offers an innovative environmental value platform known as the "Green Ticket." This platform enables companies to transition towards sustainable energy practices. The collaboration with SMT Panasonic Finance, which is part of the Mitsui Sumitomo Trust Group, is particularly noteworthy as it aligns with the company's commitment to reducing greenhouse gas emissions to net-zero by 2030.

Details of SMT Panasonic Finance's Green Initiatives

SMT Panasonic Finance has adopted a proactive approach to environmental sustainability. With the recent acquisition of non-fossil certificates through Enerbank's services, the company has effectively converted approximately 730,000 kWh of its domestic electricity usage to renewable sources. This transition is expected to result in a reduction of about 310 tons of CO2 emissions across the company’s operations, marking a substantial step towards achieving their environmental targets.

What the Green Ticket Service Entails

The "Green Ticket" non-fossil certificate purchase proxy service allows Enerbank to participate in the Japan Electric Power Exchange (JEPX) non-fossil value trading market on behalf of its clients. This service simplifies the process for companies looking to secure non-fossil certificates independently while maintaining their existing electricity plans. Clients can specify the types of non-fossil energy sources and the locations of power generation facilities when participating in the quarterly JEPX auctions. By leveraging this service, companies can enhance their sustainability efforts without the need for extensive operational changes.

About SMT Panasonic Finance

SMT Panasonic Finance Co., Ltd., located in Minato, Tokyo, was established in October 1951 and has since become a cornerstone in the integrated finance industry. Under the leadership of President Keiichi Hamano, the company is advancing its sustainability goals and embracing the challenges of the modern energy landscape. For more information about their initiatives and services, visit their website at smt pfc.

About Enerbank

Founded in July 2018, Enerbank focuses on developing and operating an energy auction system and an environmental value trading platform. The firm has gained recognition for its initiatives such as issuing green power certificates, acting as a proxy for non-fossil certificate purchases, and facilitating solar power generation systems. Enerbank is committed to leading the charge towards a sustainable energy future. For further insights, visit Enerbank's official site.

In a world where sustainable practices are increasingly important, partnerships like the one between Enerbank and SMT Panasonic Finance are vital. They underscore the growing importance of renewable energy solutions and corporate responsibility. By working together, these companies are paving the way for a greener tomorrow.