Mizuho and LSEG have announced an agreement to collaborate in supporting the growth of the carbon credit market.
The primary goal of this partnership is to unlock opportunities for Mizuho’s clients to access investment funds and companies that have been provided with the Voluntary Carbon Market (VCM) designation by LSEG. This initiative is aimed at facilitating long-term investments in decarbonization projects, which are expected to generate carbon credits.
Mizuho, leveraging its expertise as a comprehensive financial services group, is strengthening its sustainability action efforts to contribute to a sustainable society. The company is actively developing and providing various solutions to support the sustainability transformation of its clients. LSEG, at the centre of global financial markets, plays a vital social and economic role in accelerating the transition to net zero, growing the green economy, and creating inclusive economic opportunities.
Under this agreement, both companies will engage in activities such as providing information about carbon credits to Mizuho clients. The generated carbon credits can be issued as dividends, enabling investors to secure a long-term supply of carbon credits through investments in funds or companies listed under the VCM designation.
This collaboration is part of a broader partnership between Mizuho and LSEG in the field of sustainability, initially announced in November 2022. The partnership underscores the commitment of both companies to contribute to global decarbonization initiatives and support the growth of the carbon credit market as a funding mechanism for sustainable projects.
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