Choshi Shinkin Bank and Bywill Inc. Sign Customer Referral Agreement to Promote Decarbonization and Carbon Neutrality in the North Chiba Area

Bywill Inc., aiming for a world where 'GX is desirable,' which promotes economic circulation utilizing environmental value, has signed a customer referral agreement with Choshi Shinkin Bank. Based on this, they will strengthen cooperation to promote the creation and circulation of environmental value from SMEs and other entities in the North Chiba area, aiming for regional decarbonization, carbon neutrality, and the realization of a circular economy. The background of this agreement is that while large corporations are increasingly active in carbon neutrality, SMEs often lack awareness or knowledge on how to start. However, achieving Japan's carbon neutrality is difficult without the participation of SMEs, which constitute 99.7% of Japanese companies. Therefore, by collaborating with Choshi Shinkin Bank, which has close relationships with regional SMEs, they aim to combine the regional network with Bywill's environmental value services to jointly pursue carbon neutrality. Choshi Shinkin Bank will introduce clients with needs related to (1) environmental value creation services, (2) environmental value trading services, and (3) J-Credit program services to Bywill. These services include support for procedures to create and sell environmental value, assistance in buying and selling environmental value, and acceptance of applications for Bywill's J-Credit creation program. Bywill will also provide support for managing and operating program-based projects offered by target customers. This collaboration aims to support environmental value creation by SMEs in the North Chiba area and connect them with regional demanders, fostering a circulation of environmental and economic value in the region. Bywill's carbon neutrality promotion support includes environmental value creation (carbon credit creation), environmental value trading (carbon credit procurement/brokerage), decarbonization consulting, and brand consulting. Choshi Shinkin Bank, established in 1910, operates in various financial services across Chiba and Ibaraki prefectures. Bywill, established in 2013, focuses on environmental value creation and trading, decarbonization consulting, and brand consulting.