Mizuho and LSEG to Collaborate on Carbon Credits

Japan’s Mizuho Financial Group and the London Stock Exchange Group have announced an agreement to collaborate and support growth in the carbon credit market.

LSEG has established a Voluntary Carbon Market (VCM) designation for funds and companies investing in decarbonisation projects expected to generate carbon credits (subject to requirements). As generated carbon credits can be issued as dividends, investing in funds or companies listed under the VCM designation enables investors to secure a long-term supply of carbon credits.

Under this agreement, Mizuho and LSEG said they will work together to unlock opportunities for Mizuho clients to access investment funds and companies that have been provided with the VCM designation. Additionally, Mizuho and LSEG will engage in activities such as providing information about carbon credits to Mizuho clients.

This agreement is part of the collaboration between the two companies in the field of sustainability, which was announced in November 2022. Mizuho and LSEG view carbon credits as a funding mechanism that can accelerate decarbonisation efforts, and through this collaboration aim to contribute to global decarbonisation initiatives.