PARTNER CONTENT
Nikkei GX

Investing in Japanese Regenerative Medicine

A broadened commitment

Representatives of industry, academia, the public sector, and journalism have worked together since 2021 in a Nikkei-coordinated project to promote environmental stewardship. In 2025, they repositioned their undertaking, originally the Nikkei Net-Zero Project, as the NIKKEI Green Transformation (GX) Conference. That repositioning denotes a broadened commitment to promoting an industry-wide shift to clean energy that includes but also transcends decarbonization. The NIKKEI GX Conference Committee and some of the member companies will articulate their approach to promoting GX and their GX vision at the UN Framework Convention on Climate Change conference (UNFCCC COP30) in Belém, Brazil.

The members of the Nikkei GX Conference met in Tokyo on May 27, 2025, to kick off their repositioned undertaking. Presentations by the corporate members summarized the companies’ measures and visions for promoting reduced industrial emissions of carbon while tackling new initiatives for promoting energy security, for nudging energy demand toward cleaner sources, and for fortifying Japan’s industrial competitiveness through cultivating new markets.

Serving as part of the conference’s functioning are thematic subcommittees. The subcommittee gatherings were occasions for discussing such subjects as sustainability disclosure, natural capital and biodiversity, energy, and behavioral transformation. Future activities will include dialogs with youth organizations and symposiums.

The Nikkei GX Conference
The members of the Nikkei GX Conference Committee

The members of the Nikkei GX Conference Committee and representatives of
the corporate project members at the latest plenary session, held on October 22, 2025

In the following summaries, Scope 1, 2, and 3 refer to the Greenhouse Gas Protocol’s categories for direct emissions from companies’ operations (Scope 1),
emissions from the generation of electricity and other energy purchased by the companies (Scope 2), and other emissions occasioned indirectly by companies’ activity (Scope 3).

CORPORATE PROJECT MEMBERS
image: Hisahide Okuda

JERA

Hisahide Okuda,

President, Director, CEO, and COO

Tackle global energy issues with diverse options

JERA is building a business model to create a clean energy platform that combines low-carbon thermal power and renewables. Thermal power is essential to compensate for fluctuations in output from renewable power sources. JERA will incorporate hydrogen and ammonia as fuel for thermal power generation to shrink its carbon footprint. As part of this commitment, JERA decided in April 2025 to invest in the Blue Point low-carbon ammonia production project in Ascension Parish, Louisiana in partnership with CF Industries Holdings and Mitsui & Co. JERA is thus moving ahead with fuel substitution on a commercial basis. It is committed to achieving energy sustainability, affordability, and stability by combing liquefied natural gas, hydrogen, ammonia, and renewables to meet needs in each nation and region. By achieving net-zero by 2050, JERA will contribute to the establishment of a sustainable society.

* https://www.jera.co.jp/en/news/information/20240516_1916

image: Takaya Soga

NYK Line

Takaya Soga,

President

Contribute to decarbonizing global supply chains

The NYK Group, in alignment with the Paris Agreement’s 1.5°C goal, is targeting a 45% reduction in Scope 1 and 2 emissions by fiscal 2030 and the achievement of net-zero emissions by fiscal 2050. It is striving to maximize energy efficiency and to adopt fuels of lower carbon intensity. The NYK Group used 250,000 tons of low carbon intensity biodiesel fuel, for example, in fiscal 2024. Ammonia is a zero-emission fuel, and the NYK Group began operating the world’s first commercial-use ammonia-fueled vessel in 2024. It ensures onboard and peripheral safety by overcoming ammonia’s unique toxicity through the establishment of both vessel design and vessel operation procedures. The NYK Group is steadily advancing its decarbonization efforts, contributing to the reduction of Scope 3 emissions at customers and to the broader decarbonization of society.

* https://www.nyk.com/english/sustainability/envi/decarbonization/

image: Tokuya Takizawa

EY

Tokuya Takizawa,

Japan Chief Sustainability Officer

Shape the future of a new economy

EY is committed to driving impact for a new economy—one where business, people, and planet thrive. Over the past four years, EY has achieved a 40% reduction in greenhouse gas emissions, including a 42% drop in Scope 3 travel emissions. EY aims to halve emissions by fiscal 2030 and reduce them by 90% by fiscal 2050, both against a fiscal 2019 baseline. This reflects a commitment to sustained reductions, supported by technology, data, and collaboration. Teams at EY help clients create value through sustainability while helping create value for business. EY has differentiated its offerings with a broad spectrum of sustainability services, from strategy through execution, anchored in science, harnessing technology, data, and ecosystem collaboration. This enables organizations to help protect and create value for all stakeholders and build a better working world.

* https://www.ey.com/en_jp/services/sustainability

image: Masataka Fujiwara

Osaka Gas

Masataka Fujiwara,

President

Demonstrate methanation at Expo 2025

Osaka Gas (Daigas Group) released a roadmap in February 2025, Energy Transition 2050, for eliminating net emissions of carbon by 2050. A central emphasis in that roadmap is on eliminating carbon emissions in generating thermal energy by adopting e-methane, a hydrogen carrier, as fuel. E-methane is carbon neutral in that it releases no more carbon when burned than when it is produced. The Daigas Group conducted a methanation demonstration at Expo 2025, in Osaka, in which it supplied e-methane to the expo guest house. It produced the e-methane by combining carbon dioxide from food waste gathered at the site with hydrogen. The demonstration resonated with the expo theme of Designing Future Society for Our Lives, and it has lent momentum to the group’s commitment to commercializing e-methane as city gas.

* https://www.youtube.com/watch?v=eOtbCxuAnWs

image: Toma Yamasaki

e-dash

Toma Yamasaki,

Chief Executive Officer

Tackle GX as a stakeholder hub

e-dash is a climate-tech start-up established in 2022 with the mission of accelerating the transition to decarbonization. To help companies of all sizes address their core responsibility for curtailing climate change, it provides crucial solutions to steer them through a four-step process: visualization of emissions, reporting, emission reduction, and transparent information disclosure. There is high demand from large enterprises for this comprehensive support to tackle their complex needs. e-dash is also the company chosen by the most Japanese financial institutions for that purpose. It works with 220 financial institutions and local governments to support small and medium-sized enterprises. e-dash continues to expand its network of partners in the spirit of advancing the transition to a sustainable society.

* https://e-dash.io (Japanese)

image: Nobuyuki Miyaji

Seven & i Holdings

Nobuyuki Miyaji,

Executive Officer, Head of
Sustainability Development Office

Take concrete steps toward a sustainable future

Management at Seven & i regards climate change and other global environmental issues as challenges that bear directly on the company’s operations. The company has detailed quantitative targets in its environmental declaration Green Challenge 2050 for reducing emissions of carbon dioxide and fulfilling three other priorities by 2050. Seven & i’s stepped-up commitment to reducing carbon emissions has included establishing the subsidiary Seven & i Energy Management to purchase renewable energy. The company recently issued an integrated report, Climate and Nature Disclosures, based on the recommendations of the Taskforce on Climate-related Financial Disclosures and the Taskforce on Nature-related Financial Disclosures. Seven & i works through its extensive interface with consumers to mobilize support for addressing environmental concerns.

* https://www.7andi.com/en/sustainability/policy/environment_03.html

image: Toru Yoshida

Rating and Investment Information

Toru Yoshida,

President & CEO

Support GX through financial evaluations

Sustainable finance is increasingly important as concern with social sustainability occasions stepped-up attention to environmental and social issues. Rating and Investment Information (R&I) conducted in 2016 the first external assessment of a public green bond issued by a Japanese entity, and it has since deployed diverse services in connection with sustainable finance evaluations. About 30% of the balance of bonds outstanding in Japan is from industrial sectors known as large greenhouse gas emitters. The Japanese government has designated transition finance a driver in decarbonization efforts, and sustainable finance is thus becoming annually a more-commanding presence. R&I, as an external reviewer, serves that presence in accordance with internationally accepted principles and guidelines. The agency draws on multisectoral business and technological expertise in helping companies tackle decarbonization and other facets of green transformation.

* https://www.r-i.co.jp/en/rating/esg/index.html

image: Shigeru Kobayashi

NGK Insulators

Shigeru Kobayashi,

President

Blaze trails in GX with ceramic technology

The NGK Group Vision calls for contributing to carbon neutrality and the realization of a digital society. The company strives to fulfill that vision by tapping unique ceramic technologies in vigorous product development. In the realm of GX, NGK is conducting pilot testing with its honeycomb ceramics for recovering atmospheric carbon dioxide efficiently through direct air capture (DAC) and is developing ceramic membranes for separating hydrogen and other gases. Management at NGK recognizes that advancing GX will require expanded collaboration with other companies and is tackling stepped-up open innovation in that spirit.

* https://www.ngk-insulators.com/en/

image: Shuhei Toyoshima

ABeam Consulting

Shuhei Toyoshima,

Principal

Heighten corporate value through supply chain sustainability

Companies’ supply chains command greater importance than ever on management agendas in respect to achieving sustainable growth. Underlying that importance are the uncertainty that characterizes the business environment and companies’ mounting responsibility for addressing issues of common concern. ABeam Consulting has abundant experience in steering corporate change at companies in Japan and other Asian nations and in helping clients maximize the value of their output. It accompanies that experience with consulting competence honed through digital transformation; a global network that provides extensive coverage in Asia, the Americas, and Europe; and rich expertise in GX and circular economy aspects of supply chains. ABeam draws on that combination of experience and capabilities in helping heighten economic value, client value, and social value.

* https://www.abeam.com/jp/en/trend/gx/

image: Koji Aso

Sumitomo Mitsui Auto Service

Koji Aso,

Representative Director, President & CEO

Contribute to achieving sustainable mobility

Climate change, population shrinkage and aging, and geopolitical risk are disrupting global supply chains and obscuring the socioeconomic outlook. Amid that uncertainty, Sumitomo Mitsui Auto Service offers diverse value; for example, providing safe and comfortable mobility that entails minimal environmental burden, supporting individuals who are unable to access conventional mobility easily, contributing to shaping a circular economy that provides for resource recycling, and promoting electrified automotive mobility as a means of distributing electric power sourcing. The company’s mobility service offerings have evolved over the years as the company has addressed diverse customer needs. Sumitomo Mitsui Auto Service has thus operated continuously in the spirit of progressing hand in hand with customers and continues to honor that spirit in the pursuit of lasting growth.

* https://www.smauto.co.jp/en/sustainability/message/

image: Takafumi Suzue

GreenEnergy & Company

Takafumi Suzue,

President

Deploy local solutions through micro GX

GreenEnergy & Company nurtures regional economic sustainability through new Micro GX solutions based on photovoltaic generation and other renewable energies. The company, coordinating with local governments and local companies, puts in place solar power installations owned by individuals and small companies and devises frameworks centered on storage nodes for power grids to provide reliable electric power. Its plans include building data centers powered with renewable energy. The benefits of renewable energy include, in addition to safeguarding the environment, spawning employment and tax revenue in accordance with economic rationality. GreenEnergy & Company’s Micro GX is a bottom-up model for community participation through joint engagement by local government and the private sector. It promises applicability to GX in nations and regions worldwide.

* https://green-energy.co.jp (Japanese)

image: Yasuhiko Ushikubo

Mizuho Financial Group

Yasuhiko Ushikubo,

Senior Executive Officer, Head of Research and Consulting Unit, Group Chief Sustainability Officer

Reconcile the resolution of societal challenges and economic growth

Mizuho Financial Group has sketched a desirable future for Japanese industry and is helping fulfill that vision by reconciling industrial transformation for resolving transcendent issues with economic growth. It has earmarked ¥100 trillion for sustainable finance and is deploying that funding on schedule. Mizuho is also taking part in cultivating new technologies to transform industry. The circular economy, meanwhile, is assuming ever-greater importance in economic security. In that realm, Mizuho works with corporate clients on supply chain transformation to spawn new industries. It identifies impacts crucial to the integrated evaluation of social and environmental value, and by promoting impact business initiatives, such as issuing reports on avoided emissions and developing transformative products, Mizuho is working to shape a virtuous cycle of resolving societal issues and enhancing corporate value.

* https://www.mizuhogroup.com/sustainability

image: Sumihito Sekine

Earth hacks

Sumihito Sekine,

President and CEO

Translate decarbonization into economic value

Earth hacks is a joint venture between the advertising agency Hakuhodo and the trading house Mitsui & Co. Its founders established the company to promote GX, especially from the standpoint of Generation Z. The company aims to nurture new values and encourage behavioral change by earning consumer empathy. Earth hacks’ endeavors engage Generation Z consumers in activity for advancing GX. Those endeavors include a decarbonization scoresheet for quantifying percentage reductions in carbon dioxide emissions that result from product innovations. Another is the Decarbonization Challenge, a co-creation business contest. Earth hacks will continue to promote co-creation among consumers, companies, and local governments aimed at shaping society to offer low-burden, low-carbon lifestyle alternatives.

* https://co.earth-hacks.jp (Japanese)

Panel Session 1
Chairperson
image: Yukari Takamura

Yukari Takamura,

Professor, Institute for Future Initiatives, the University of Tokyo

Members
image: Takeshi Mizuguchi

Takeshi Mizuguchi,

President, Takasaki City University of Economics

image: Michiyo Morisawa

Michiyo Morisawa,

Japan Senior Lead, PRI

image: Teruyuki Ohno

Teruyuki Ohno,

Executive Director, Renewable Energy Institute

image: Takejiro Sueyoshi

Takejiro Sueyoshi,

Special Advisor to UNEP Finance Initiative in the Asia Pacific region

image: Kanako Tanaka

Kanako Tanaka,

Senior Sustainability Scientist, Asset Management One; External Director, Japan Green Investment Corp. for Carbon Neutrality

image: Kenji Tanaka

Kenji Tanaka,

Professor, Graduate School of Engineering, the University of Tokyo

image: Mari Yoshitaka

Mari Yoshitaka,

Visiting Professor, College of Arts and Sciences, the University of Tokyo; Representative Director, Virtue Design

image: Kiyoshi Ando

Kiyoshi Ando,

Senior Staff Writer, Commentary Center, Editorial Division, Nikkei Inc.

NIKKEI GX participating companies
JERA
NYK LINE
EY
Daigas
MITSUI FUDOSAN
e-dash
SEVEN&i
R&I
NGK INSULATORS
ABeam Consulting
SMAS
Green Energy
MIZUHO
Earth Hacks
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