Tono City, Iwate Prefecture and Bywill Sign 'Partnership Agreement on Carbon Neutrality Initiatives'
Bywill Inc. and Tono City in Iwate Prefecture signed a partnership agreement on March 30, 2026, to promote carbon neutrality. They will collaborate on creating and distributing environmental value, such as J-Credits, leveraging Tono City's forest resources.
📋 Article Processing Timeline
- 📰 Published: April 7, 2026 at 19:00
- 🔍 Collected: April 7, 2026 at 10:32
- 🤖 AI Analyzed: April 20, 2026 at 23:45 (325h 13m after Collected)
Bywill Inc. (Headquarters: Chuo-ku, Tokyo; President and CEO: Yuichiro Shimomura; hereinafter "Bywill"), which promotes economic circulation utilizing environmental value with the aim of creating a "world where people want to do GX", has signed a "Partnership Agreement on Carbon Neutrality Initiatives" with Tono City, Iwate Prefecture (Mayor: Kazuhiko Tada; hereinafter "Tono City").
Based on this agreement, both parties will work on the creation and distribution of environmental value, including J-Credits (*1), and the creation of new business models.
(Photo from left) Tono City Mayor Mr. Kazuhiko Tada, Bywill President and CEO Yuichiro Shimomura
*1: J-Credit is a system in which the national government certifies the amount of greenhouse gas emissions (such as CO2) reduced or removed by businesses through decarbonization activities, such as the introduction of energy-saving equipment and the use of renewable energy, as "credits." Issued credits can be sold to other companies, and buyers can use them for carbon offsetting.
[Date of Conclusion]
Monday, March 30, 2026
A signing ceremony was held at the Tono City Hall on Friday, April 3.
[Details of the Agreement]
The two parties will cooperate on the following matters with the aim of contributing to the realization of carbon neutrality and a circular economy in the region.
(1) Provision of information, services, know-how, etc., related to environmental value
(2) Creation of new business models utilizing environmental value
(3) Other matters deemed by the parties to contribute to the purpose of this agreement
[Background of the Agreement]
In March 2024, Tono City made a "2050 Net Zero Carbon Dioxide Emissions Declaration," aiming for virtually zero carbon dioxide emissions by 2050. Toward this realization, the city is working as one with citizens and businesses to promote the introduction of renewable energy and efforts to protect and pass on Tono City's rich natural landscape to the next generation.
This partnership agreement was reached in order to advance the creation and utilization of J-Credits, which will be a new initiative for Tono City.
Reference)
- Tono City: Tono City's Global Warming Countermeasures ( https://www.city.tono.iwate.jp/index.cfm/49,78341,265,549,html )
[Future Outlook]
Aiming to realize Tono City's Zero Carbon City, both parties will collaborate to promote the creation and distribution of J-Credits. Regarding the method of creating J-Credits (methodology), we are considering starting with the utilization of Tono City's abundant forest resources, and subsequently plan to expand to creation through other methodologies.
Bywill is responsible for registering the J-Credit creation project in Tono City and...
Based on this agreement, both parties will work on the creation and distribution of environmental value, including J-Credits (*1), and the creation of new business models.
(Photo from left) Tono City Mayor Mr. Kazuhiko Tada, Bywill President and CEO Yuichiro Shimomura
*1: J-Credit is a system in which the national government certifies the amount of greenhouse gas emissions (such as CO2) reduced or removed by businesses through decarbonization activities, such as the introduction of energy-saving equipment and the use of renewable energy, as "credits." Issued credits can be sold to other companies, and buyers can use them for carbon offsetting.
[Date of Conclusion]
Monday, March 30, 2026
A signing ceremony was held at the Tono City Hall on Friday, April 3.
[Details of the Agreement]
The two parties will cooperate on the following matters with the aim of contributing to the realization of carbon neutrality and a circular economy in the region.
(1) Provision of information, services, know-how, etc., related to environmental value
(2) Creation of new business models utilizing environmental value
(3) Other matters deemed by the parties to contribute to the purpose of this agreement
[Background of the Agreement]
In March 2024, Tono City made a "2050 Net Zero Carbon Dioxide Emissions Declaration," aiming for virtually zero carbon dioxide emissions by 2050. Toward this realization, the city is working as one with citizens and businesses to promote the introduction of renewable energy and efforts to protect and pass on Tono City's rich natural landscape to the next generation.
This partnership agreement was reached in order to advance the creation and utilization of J-Credits, which will be a new initiative for Tono City.
Reference)
- Tono City: Tono City's Global Warming Countermeasures ( https://www.city.tono.iwate.jp/index.cfm/49,78341,265,549,html )
[Future Outlook]
Aiming to realize Tono City's Zero Carbon City, both parties will collaborate to promote the creation and distribution of J-Credits. Regarding the method of creating J-Credits (methodology), we are considering starting with the utilization of Tono City's abundant forest resources, and subsequently plan to expand to creation through other methodologies.
Bywill is responsible for registering the J-Credit creation project in Tono City and...