Establishment of the “GX Business Working Group” to Build a Framework
and Promote Evaluation and Disclosure on Climate-related Opportunities
GX League Preparation Period Management Office established the “GX BusinessWorking Group” in collaboration with 6 leading companies (Nomura Holdings, Inc.
being the chair) and 73 member companies.
Towards FY2023’s full operation of GX League*, we will facilitate three functions
together with more than 440 supporters of FY 2022 GX League. This working group is
one of three GX League’s function, discussion of market creation and rulemaking in thecarbon-neutral society, which especially in 2022 aims to create public private
collaboration mechanism in rulemaking.
For the realization of carbon neutral society, GX Business Working Group aims toestablish an appropriate framework to evaluate Japanese companies’ opportunity, theircontribution to climate change. Through the discussion with leaders and members of theworking group, we intend to develop a guideline and take initiative on climate-related
opportunities by the end of FY2022.
【Leaders】*Japanese syllabary order
Nomura Holdings, Inc. (chair)
DAIKIN INDUSTRIES, LTD.
Tokio Marine & Nichido Fire Insurance Co., Ltd.
Development Bank of Japan Inc.
Panasonic Holdings Corporation
SUMITOMO MITSUI TRUST BANK, LIMITED【Members】*Japanese syllabary order
Asahi Kasei Corporation

ENEOS Corporation

AstraZeneca K.K.

MS&AD Insurance Group Holdings, Inc.

Azbil Corporation

OSAKA GAS CO.,LTD.

Idemitsu Kosan Co.,Ltd.

ALL NEED Inc.

ITOCHU Corporation

OMRON Corporation

EY Strategy and Consulting Co., Ltd.

Owaririkuun.Co.LtdIwatani Corporation

Carbon Free Consulting Corporation

AGC Inc.

Rating and Investment Information, Inc.

NTN corporationlaboratory of Quality of life management

Green Carbon Inc.

Japan Airlines Co., Ltd.

Kurita Water Industries Ltd.

PIONEER CORPORATION

Globe-ing Inc.

HARITA METAL Co.,Ltd

Circular In-finity

BASF Japan Ltd.,

Sustech Inc.

Hitachi, Ltd.

Shimadzu Corporation

People,Dreams&Technologies Group Co.,Ltd.

SHOWA DENKO K.K

BIPROGY Inc.

SUZUKI MOTOR CORPORATIONFUKUSHIMA GALILEI CO. LTD.

smartecoenergy corporation

Fujikura Ltd.

Sumitomo Corporation

Future Corporation

Sumitomo Forestry Co., Ltd.

Mizuho Financial Group, Inc.

Sompo Japan Insurance Inc

Mitsui Chemicals, Inc.

Taisei Corporation

Mitsui & Co., Ltd.

Daiseki Co., Ltd.

Mitsubishi

TAKEEI CORPORATION（Mitsubishi Chemical Corporation）

CHANGE THE WORLD Inc.

Mitsubishi Heavy Industries, Ltd.

CHUBU STEEL PLATE CO.,LTD.

Mitsubishi Corporation

Chubu Electric Power Company, IncorporatedHair Clinic Reve-21 Co.,Ltd.

TEIJIN LIMITEDYASKAWA Electric Corporation

TEIJIN FRONTIER CO.,LTD.

Rakuten Group, Inc.

Deloitte Tohmatsu Group

LIXIL Corporation

DENTSU INC.
TOKYO GAS CO.,LTD.
Tokyo Electric Power Company Holdings, Inc.
Toyo Seikan Group Holdings,Ltd.
Toray Industries, Inc.
TOZAKI INDUSTRYCORPORATION

Dream Incubator Inc.
West Japan Railway Company
JGC Holdings Corporation
Nikko Asset Management
NISSIN FOODS HOLDINGS CO., LTD.
NIPPON SHOKUBAI CO., LTD.
NYK Line
Association of Management Consultants InJapan

ChemicalGroupCorporation※ GX is an abbreviation for Green Transformation. It refers to the transformation of the whole socio-economic system
as a country to realize both 2030 GHG emission reduction targets and industrial growth by perceiving related efforts
as an opportunity for economic growth. Based on the “Basic Concept” released by Ministry of Economy, Trade andIndustry on February 2022, GX League was launched as a mechanism for industry, government, academia andfinancial institution to create a group of ambitious companies that will discuss, demonstrate and establish a new marketand socio-economic system to realize CN in 2050.