Bywill Inc. (Headquarters: Chuo-ku, Tokyo; President & CEO: Yuichiro Shimomura), which promotes economic circulation leveraging environmental value, has announced its support for Tsuyama Gas Co., Ltd. (Headquarters: Tsuyama City, Okayama Prefecture; President & CEO: Yoshitsugu Karita) in purchasing and utilizing forest-derived J-Credits. An interview article detailing the initiative has also been published.
Background of the Project
Tsuyama Gas has provided regional energy supply for 104 years. Driven by external changes such as the acceleration of carbon neutrality initiatives and the progress of GX-ETS (Emissions Trading System), the company recognized that enabling its major clients to achieve decarbonization is an absolute condition for business continuity. Currently, Tsuyama Gas is restructuring its business strategy to become recognized as the go-to company for "decarbonization, hydrogen, and e-methane" through the utilization of J-Credits.
A 'Regional Circular GX Model' through Long-Term Use of Forest Credits
The core of this initiative is the utilization of forest-derived J-Credits in collaboration with Kagamino-cho, Okayama Prefecture. On September 25, 2025, Tsuyama Gas signed a partnership agreement with Kagamino-cho and Bywill to continuously purchase and utilize forest credits generated by the town for 8 years. This realizes a "local production for local consumption" model of CO2 emission reduction, while also contributing to the revitalization of the forestry industry and the creation of added value utilizing local narratives, balancing decarbonization with regional value.
Bywill's Comprehensive Support
In this project, Bywill provided comprehensive support beyond simple credit procurement, including:
- Designing a credit strategy based on long-term procurement - Supporting the selection of forest-derived credits and building regional partnerships - Assisting in the commercialization of carbon-offset energy products - Promoting internal understanding (clarifying the asset nature and risk hedging of credits) - Driving the creation of new businesses centered on decarbonization
As a result, Tsuyama Gas's decarbonization efforts have evolved from mere environmental compliance to creating a competitive advantage for its existing businesses.
Future Outlook
Bywill will continue to leverage its expertise in environmental value, such as carbon credits, to support the dual pursuit of corporate decarbonization and business growth. The company also aims to promote initiatives nationwide to realize a sustainable economic cycle utilizing local resources.
FACT BOX
- Source: PR TIMES
- Category: Partnership