Envision and Toyota Tsusho China Form Strategic Partnership for Net Zero Transition
Envision and Toyota Tsusho (China) Co., Ltd., one of the leading Japanese General Trading Houses in Toyota Motor Group, announced a strategic partnership in China to support the company and its clients' net zero transition.
October 20, 2022. By News Bureau
Toyota Tsusho has committed to reducing its greenhouse gas (GHG) emissions by 50% below 2019 levels by 2030, and to achieve net zero GHG emissions and carbon neutrality by 2050.
As part of its wide-ranging partnership, Toyota Tsusho China plans to implement the EnOSTM Ark Carbon Management System by Envision Digital to monitor its energy management and emissions in real-time to support abatement, offsets, and certifications.
The strategic partnership will also include cooperation on serving net zero solutions jointly to different clients to help them achieve their carbon emission reduction goals.
The signing of the strategic partnership took place in Shanghai between Mr Tatsuya Watanuki, Toyota Tsusho East Asia CEO, and Alex Sun, Vice President, Carbon Management, Envision Digital.
Tatsuya Watanuki, Toyota Tsusho East Asia CEO, said "We have set ourselves the challenging target of reducing our greenhouse gas emissions by 50% by the end of the decade. To help us achieve this we must deploy industry leading technology and solutions to support our transition. Our new strategic partnership with Envision will play a major role in helping not only for us but also our clients to meet the broader net zero commitments. We will collaborate with Envision to give new services to our customers."
Alex Sun, Vice President, Carbon Management at Envision Digital, said "We are honoured to be selected by Toyota Tsusho China as a strategic partner for its net zero journey. Toyota has a strong vision and commitment for its net zero ambitions, and we see considerable potential for collaboration in supporting energy transition solutions across many areas of our respective groups."
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