#Japan #Minato-ku #Carbon Credit #exroad #Abatable

Introduction to Carbon Credit Procurement

In an era where environmental responsibility is more critical than ever, companies worldwide are actively seeking effective strategies to manage their carbon footprints. Exroad, headquartered in Minato-ku, Tokyo, has taken a significant step forward by releasing a new publication titled “Building a Carbon Credit Procurement Strategy: A Practical Guide for Companies.” This guide is specifically designed to assist organizations in navigating the complexities of carbon credit procurement as they prepare for the full launch of the GX-ETS emission trading system next fiscal year.

Context of the GX-ETS Launch

The GX-ETS, which stands for Green Transformation Emission Trading System, is set to begin its operations soon, allowing businesses to trade carbon credits as part of Japan's commitment to reducing greenhouse gases. Under this system, J-Credits and Joint Crediting Mechanism (JCM) credits are recognized as eligible credits for compliance. Moreover, the Science Based Targets initiative (SBTi) has recently published a draft of the Corporate Net-Zero Standard Version 2, introducing the concept of Ongoing Emissions Responsibility (OER). This term implies that companies are obligated to account for emissions they cannot fully eliminate through other reduction methods.

Growing Demand for Carbon Dioxide Removal Credits

Given these developments, there is an anticipated rise in demand for long-lasting carbon removal credits (CDR). As organizations seek to align their practices with emerging regulations and standards, many are reconsidering their approaches to carbon credit procurement. Recognizing this trend, Exroad has collaborated with Abatable, a prominent carbon credit data provider based in Europe, to present a Japanese version of Abatable's original guide. This adaptation aims to enhance understanding of carbon procurement strategies tailored for Japanese enterprises, complemented by informative visuals and detailed analyses.

Comprehensive Guide for Stakeholders

The new guide offers invaluable insights especially useful for teams involved in sustainability initiatives, corporate planning, and procurement. By delving into the essentials of carbon procurement, readers are equipped to make informed decisions that align with their organizational sustainability goals. The guide includes an executive summary, a rationale for developing a credit procurement strategy now, the crucial role of credits in a net-zero strategy, key principles to follow, recommended steps, and conclusive insights.

Exroad’s Role and Collaboration

Exroad is affording Japanese corporations the resources they need to navigate this changing landscape. By translating and reformulating Abatable's reputable guide, they've addressed the language barrier while adapting content specifically for the local market. Founded by experts with backgrounds in finance and technology, Abatable has established itself as a leader in providing systematic visibility into the carbon credit marketplace, housing over 10,000 projects in its database.

Features and Advantages of the Guide

The guide breaks down complex topics such as the emerging trends in the GX-ETS, the importance of establishing a clear procurement strategy now, and a thorough outline of ten essential steps to follow. It also presents the findings in a user-friendly manner, allowing stakeholders to grasp intricate concepts without technical jargon. Access to a sample version of the report is available, and interested parties can download it quickly without any cumbersome sign-up processes.

Moreover, substantial resources and supplementary reports about the GX-ETS and carbon credit usage limits have been made available for those wanting to engage further.

About Exroad and Abatable

Exroad aims to be a pivotal player in the realization of carbon neutrality within Japan, offering an all-in-one data service on carbon credits and emission trading systems. Besides providing the new guide, they also continue to innovate in the field, developing tools that allow for seamless integration of carbon credit procurement. Their collaboration with Abatable reinforces their commitment to empowering businesses in understanding and adopting sustainable practices.

For more detailed insights or to access the guide, please visit Exroad's official website.

Conclusion

As the world moves toward a more sustainable future, understanding carbon credit procurement becomes crucial for businesses. With Exroad’s newly released guide, Japanese companies now have a comprehensive resource at their disposal to navigate this essential aspect of environmental responsibility. The time for action is now, and armed with the right information, companies can make strides toward effective carbon management.