Tachikawa City, Tokyo to Participate in Carbon Credit Creation Support Project Using Program-Type Projects Operated by Bywill

Bywill Co., Ltd. (Headquarters: Chuo-ku, Tokyo; Representative Director and President: Yuichiro Shimomura; hereinafter "Bywill"), which aims to create a world where people want to engage in GX (Green Transformation) and promotes economic circulation through environmental value, has been selected as an accredited operator for the "Carbon Credit Creation Support Project Using Program-Type Projects" promoted by the Tokyo Metropolitan Government. This project consolidates CO2 emission reduction activities by small and medium-sized enterprises and local governments within Tokyo and promotes their conversion into J-Credits.

We are pleased to announce that Tachikawa City, Tokyo (Mayor: Hiroshi Sakai; hereinafter "Tachikawa City") will participate in the J-Credit creation program for LED lighting, "Kiraki Lab."

The energy-saving effects of LED lighting installed in the city hall main building will be converted into J-Credits (*1). A portion of the proceeds from the sale of these J-Credits will be returned to Tachikawa City, contributing to the realization of a "new regional decarbonization model" that utilizes these funds as a financial resource for further environmental measures in the region.

*1: J-Credits are certified by the Japanese government as "credits" for the amount of CO2 and other greenhouse gas emission reductions or absorptions achieved through decarbonization activities by businesses, such as the introduction of energy-saving equipment or the use of renewable energy.

[About the Tokyo Metropolitan Government Accredited Project]

Quoted from the website of the Tokyo Metropolitan Government's "Carbon Credit Creation Support Project Using Program-Type Projects" (https://www.program-credit.metro.tokyo.lg.jp/)

The "Carbon Credit Creation Support Project Using Program-Type Projects" promoted by the Tokyo Metropolitan Government is an initiative that consolidates CO2 emission reduction activities by small and medium-sized enterprises and local governments within Tokyo and promotes their conversion into J-Credits.

Its purpose is to revitalize the creation of environmental value and credit trading, and to build a sustainable ecosystem where investment for decarbonization circulates.

Bywill Co., Ltd. has been selected as an accredited operator for this project and is leading the crediting of environmental value through the introduction of solar power equipment and LED lighting. Through this project, Bywill strongly supports regional decarbonization by reducing the complex procedures and cost burdens for participating organizations to zero while returning the sales proceeds.

[Overview of Kiraki Lab]

Scheme diagram of Kiraki Lab

[Future Outlook]

Bywill will use this initiative with Tachikawa City (Tokyo Metropolitan Government program) as an advanced role model, and will support the creation of an environment where decarbonization can be undertaken proactively and without burden by discovering and formalizing climate assets latent in local governments and companies nationwide.

[Tachikawa City Overview]

Location: 1156-9 Izumi-cho, Tachikawa City, Tokyo

Official Website: https://www.city.tachikawa.lg.jp/

Representative: Mayor Hiroshi Sakai

[Bywill Company Overview]

Company Name: Bywill Co., Ltd.

Headquarters: 4th Floor, Hulic Ginza 7-chome Building, 7-3-5 Ginza, Chuo-ku, Tokyo

Official Website: https://www.bywill.co.jp/

Representative: Representative Director and President Yuichiro Shimomura

Business Description:

・Environmental Value Creation Support Business (creation of carbon credits, etc.)

・Environmental Value Trading Business (procurement and brokerage of carbon credits, etc.)

・GX Consulting Business

・Brand Consulting Business

[Contact for Inquiries about this Release]

Bywill Co., Ltd. Public Relations

e-mail: [email protected]

TEL: 03-6262-3584 (Main)