CO2 reduction to create new evaluation criteria for investors Ministry of Economy, Trade and Industry September 23, 6:10
To reduce carbon dioxide emissions, the Ministry of Economy, Trade and Industry has set a new evaluation standard for investors to make it easier for companies that are trying to reduce carbon dioxide to raise funds. I decided to make it.
With the entry into force of the Paris Agreement, which is a framework for global warming countermeasures, so-called “ESG investment” is spreading worldwide, in which companies are selected with an emphasis on environmental initiatives.
However, it has been pointed out that investment is often made for businesses that emit zero carbon dioxide, such as the introduction of solar and wind power generation, which is disadvantageous for some companies whose emissions are unavoidable. ..
As a result, the Ministry of Economy, Trade and Industry has created new criteria for investors to make it easier for companies seeking to reduce emissions, even in stages, to raise funds.
In the criteria, we will consider including the amount of carbon dioxide reduction and the schedule for achievement in the evaluation target.
It is expected that this will make it easier for paper companies to switch equipment fuel from coal to LNG, and for steel companies to efficiently control the temperature of the blast furnace with IT technology to reduce emissions and raise funds. ..
Ministry of Economy, Trade and Industry, in consultation with such relevant ministries Ministry of the Environment and the Financial Services Agency, we want to publish the specific criteria to prospect the next fall.