Monex to enter J-Credit trading market
Japanese online trading company Monex Inc, a subsidiary of Monex Group, Inc. (TYO:8698), announces that it will enter the J-Credit trading market. The move forms part of Monex Group’s ESG financial initiatives unveiled early this year. This is the first time for a major online securities company in Japan to enter the J- Credit trading market.
In recognition that ESG activities are an integral part of day-to-day business, Monex Group established the ESG Promotion Secretariat to advance the Group’s ESG activities and contribute to mid- to long-term improvement of corporate value. In line with this, Monex created the Sustainable Finance Department to integrate ESG issues into its businesses and announced its intentions to enter the ESG financial investment field.
With its entry into the J-Credit Trading Market, Monex is better positioned to respond to the ESG financial needs of our investors and contribute to the resolution of environmental issues, one of the largest pillars of ESG targets.
Certified by the Japanese government, J-Credits are credits that can be earned through greenhouse gas emission reductions or absorption. Emissions trading is one method to promote the transition to a low-carbon society in a global movement to achieve carbon neutrality with virtually zero greenhouse gas emissions by 2050.
In April 2021, Monex joined hands with Carbon Free Consulting Corporation to cooperate in J-Credits, emissions trading and other areas. In the same month, Monex entered into the J-Credit market by directly participating in the 11th J-Credits auction.
By bringing together Monex’s financial knowledge with Carbon Free Consulting’s many years of experience and know-how as an environmental consultant and credit provider, this alliance strives to contribute to the healthy development of the Japanese emissions market.