The Asian Bankers Association (ABA) and the Association of Credit Rating Agencies in Asia (ACRAA) are inviting members and friends to join the webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) to be held on 19 October 2023 from 15:00-16:50 Tokyo time.

 

THE SUBJECT: What is the Carbon Foot Print (CFP)?

 

A carbon footprint is a measure of the amount of greenhouse gases (primarily carbon dioxide) released into the atmosphere by an individual, organization, product, service, or event. The carbon footprint consists of two components: direct emissions and indirect emissions.

Direct emissions are the amount of carbon dioxide and other greenhouse gas emissions produced by energy use and transportation. Indirect emissions are those associated with the production, supply, and consumption of products and services.

They take into account the entire life cycle of a product and assess the greenhouse gas emissions at each stage of production, processing, transportation, use, and disposal of raw materials.

Measuring and reducing the carbon footprint is an important part of sustainable development and climate change action. Based on the measured data, effective greenhouse gas reduction strategies can be developed.

 

WEBINAR’S OBJECTIVE

 

This webinar will feature as Speakers a Japanese government official, a petrochemical company staff, a commercial banker and a rating agency representative, who will focus on and share their perspectives on how financing schemes can be used to reduce greenhouse gas emissions throughout the supply chain.

Participants will:

(a) gain an in-depth understanding of financing schemes to promote zero-emissions throughout the supply chain; and

(b) find concrete steps to adopt sustainable business strategies to run the business and protect the global environment

 

THE PROGRAM

 

15:00 Introductory Remarks
Speaker: Mr. Atsushi Masuda, Chairman of ACRAA, Counselor for International Affairs, Japan Credit Rating Agency (JCR).

15:05 Carbon footprint and net zero emission target for the entire supply chain
Speaker: Tomoki Sano, Deputy Director, Environmental Policy Division, Industrial Technology and Environment Bureau, Ministry of Economy, Trade and Industry (METI).

15:25 Outline of carbon footprint and sustainability link loan framework by NAGASE & CO., LTD.
Speaker: Mr. Yasuyuki Aizawa, Corporate Sustainability Office Manager, NAGASE & CO., LTD.

15:45 Business management support for zero emission by financial institutions Speaker: Mr. Naoya Orita. Vice President/Head of Sustainable Finance Japan, Sustainable Business Division, MUFG Bank, Ltd.

16:05 How to evaluate the alignment of Supply Chain Finance Framework with Sustainability Linked Loan Principles
Speaker: Ms. Atsuko Kajiwara, Managing Executive Officer, Head of Sustainable Finance Evaluation Group.

16:25 Panel discussion and Q&A Session.

 

Please register HERE and share this invitation with colleagues.

 

About ACRAA:

 

ACRAA was formally organized on 14 September 2001 at the Asian Development Bank headquarters by 15 Asian credit rating agencies from 10 countries. As of September 2022, membership has increased to 28 members from 15 countries. An initiative of the ABA, ACRAA unites domestic credit rating agencies in a regional cooperative effort to develop and promote interaction and exchange of ideas, information, and skills among credit rating agencies in Asia to enhance their capabilities and their role of providing reliable market information. ACRAA also aims at promoting the adoption of best practices and common standards that ensure high quality and comparability of credit ratings throughout the region, following the highest norms of ethics and professional conduct.