Supporting government policies related to climate change

Japan Post Holdings supports the Japanese government's laws regarding the promotion of global warming countermeasures, such as the "Act on Promotion of Global Warming Countermeasures" and the "Act on the rationalization of energy use and conversion to non-fossil energy".
We regularly report to the Japanese government on the status of our efforts to combat global warming, and submit a report once a year on the status of reductions in greenhouse gas emissions and energy usage.

The Ministry of Economy, Trade and Industry (METI)'s GX League Basic Concept

Japan Post Holdings endorses the "Green Transformation (GX) League Basic Concept," a policy of the Japanese government (METI), and is participating in discussions on the detailed design and empirical demonstration of efforts toward implementing the "GX League." The GX League is a forum for companies aiming to realize sustainable growth in the present and future society to discuss and collaborate on all aspects of GX in industry, government and academia with a focus on emissions trading, with a view to achieving carbon neutrality and social change in 2050.
The GX League initiatives include (1) discussions on the future vision of the carbon neutral era for ordinary citizens , (2) discussions on how to form a new GX market (rulemaking, etc.) based on the future vision, and (3) trials of voluntary emissions trading (GX-ETS) for efficient emission reductions in society.
By endorsing the GX League Basic Concept, Japan Post Holdings will participate in demonstration projects for implementing an emissions trading system in Japan and actively contribute to the phased development of the GX League by offering its opinions on the proposed emissions trading system and rule formulation, thereby contributing to the practice of greenhouse gas emission reduction.

METI's GX League Basic Concept(Japanese)
GX League

Participation in the Green Innovation Fund Project "Smart Mobility Society Construction"

Japan Post is participating in the "Smart Mobility Society Construction Project" of the Green Innovation Fund Projects*, which the New Energy and Industrial Technology Development Organization (NEDO), a national research and development corporation, has publicly solicited for the purpose of achieving "carbon neutrality by 2050," a target set by the Japanese government.

*The Green Innovation Fund Project is a policy that provides continuous support for the structural transformation of the energy and industrial sectors, research and development, empirical demonstration and social implementation to accelerate innovation through investment by utilizing a fund established by the METI at the NEDO to achieve carbon neutrality in 2050.

METI Green Innovation Fund(Japanese)

Specifically, the following proposals were made and adopted as a research and development project on energy management integrated with operation management at transportation companies to enable the large-scale introduction of electric vehicles for commercial use.

In promoting the above project, Japan Post will collaborate with the project members, including logistics companies and automakers, to contribute to the creation of a smart mobility society.

Participation in the Green Partnership Conference

The Green Partnership Conference is hosted by the Ministry of Economy, Trade and Industry and the Ministry of Land, Infrastructure, Transport and Tourism for the purpose of reducing CO2 emissions in the logistics field. Japan Post participates in this conference as a member. As a part of this conference, Japan Post was granted for the special award at the Green Partnership Conference for the use of their joint trunk transportation, "Super-Full Trailer". This initiative, utilizing "Super-Full Trailer" in cooperation with other logistics companies, was successful in creating a sustainable logistics system, as the project allowed a single truck to transport the cargo of two conventional trucks. This lead to a reduction in the number of vehicles in operation and a reduction in CO2 emissions.

Click here for details of the initiative.

In April 2019 Japan Post Holdings, Japan Post Bank and Japan Post Insurance announced our support for the recommendations of the Task Force on Climate related Financial Disclosures (TCFD), and based on the recommendations we deepened our analysis of the impact of climate change on the business of each company in the Group and are promoting disclosure of information.

Japan Post Bank and Japan Post Insurance, major subsidiaries of the Japan Post Group, have joined international initiative related to climate change "the Partnership for Carbon Accounting Financials (PCAF)" to promote the expansion of introducing measurement and disclosure of indirect GHG emissions through investment and financing activities.