October 7, 2022
NAGASE & CO., LTD.
Zeroboard Inc.

Collaboration with a Logistics Platform Startup in Vietnam
Improving Logistics Efficiency and Reducing GHG Emissions with Digital Tech
To improve logistics efficiency and reduce greenhouse gas (GHG) emissions in Vietnam through digitaltransformation (DX), NAGASE & CO., LTD. (Chiyoda-ku, Tokyo; Representative Director and President:Kenji Asakura) has entered a business agreement with LOGIVAN VIETNAM TECHNOLOGY COMPANY,
LTD., a startup with a business-to-business logistics platform business in Vietnam. To reduce GHG
emissions, they will collaborate with the zeroboard GHG emissions calculation and visualization cloudservice developed by Zeroboard Inc. (Minato-ku, Tokyo; Representative Director: Michitaka Tokeiji). Thisproject to improve logistics efficiency and reduce GHG emissions in Vietnam was selected as a project for
the Japan External Trade Organization (JETRO) Asia Digital Transformation (ADX) Promotion Program forjoint projects between ASEAN and Japan*.
The logistics infrastructure in Vietnam is inadequate, with inefficient deliveries being made by sole
proprietorships and small scale businesses, as well as being behind on digitalization. Corporate logistics
are said to account for 10% of Scope 3 GHG emissions, and with Vietnam having committed to carbon
neutrality at the 2021 United Nations Climate Change Conference (COP26), reducing those emissions isan urgent task for the country.
By working together with LOGIVAN, which runs a platform business including a matching app for shippers
and transport operators, NAGASE, which is expanding its businesses in Vietnam (mainly chemicals,plastics, and food), will work towards reducing costs and GHG emissions by digitalizing logistics data inorder to optimize factors such as routes and loads. The service will initially be implemented mainly for
NAGASE’s Vietnamese subsidiary Nagase Vietnam Co., Ltd and its clients.
At the same time, by calculating and visualizing GHG emissions for client companies’ activities as a wholethrough cooperation with zeroboard, optimal solutions will be provided for reducing GHG emissions.
NAGASE and Zeroboard Inc. are supporting decarbonization efforts by businesses by providing zeroboard
not only in Japan, but in other Asian countries such as Thailand and Vietnam. Through efficient and precise
visualizations of emissions, and proposals for reduction based on issues unique to each country and region,a sustainable cooperative framework will be made aiming for carbon neutrality in Japan and abroad.

*This program is carried out based on contributions to the AEM-METI Economic and Industrial Cooperation Committee(AMEICC) by Japan’s Ministry of Economy, Trade and Industry (METI) in the FY2021 supplementary budget, with JETRO
acting as the program secretariat by calling for submissions, selecting projects, and providing support to implement projects.
This program supports pilot projects contributing to solving societal issues in ASEAN countries, taking advantage of thetechnology and knowhow of Japanese companies while collaborating with ASEAN companies.

■Functions and Features of GHG Emissions Calculation and Visualization Cloud Service
zeroboard
A cloud service for calculating and visualizing the GHG emissions from corporate activities and originating from the supply
chain, based on the GHG Protocol*1 international standards.

・Calculations of GHG emissions by product or service, and of
supply chain emissions (Scope 1 to 3)*2, which require vast
amounts of data processing
・With a highly legible dashboard, GHG emissions reduction
management and cost-performance simulation functions
・In addition to international disclosure formats such as for theGHG Protocol, output is also available in report formats forJapanese environmental laws
・User-friendly controls requiring no specialized knowledge
・Validity confirmed by international review and certification organization (verification based on ISO14064-3*3)*1: International standards for calculating and reporting GHG emissions*2: Categories for the scope of calculating and reporting GHG emissions for business operators(Scope 1: Direct GHG emissions from the company’s business activities, Scope 2: Indirect GHG emissions from using electricity, heat, orsteam provided by another company, Scope 3: Other supply chain GHG emissions related to business activities not covered by the firsttwo)*3: ISO14064-3: Principles and guidance for verifying and validating GHG statements, established by the International Organization forStandardization (ISO)■Overview of LOGIVAN(1) Company Name

LOGIVAN VIETNAM TECHNOLOGY COMPANY, LTD.

(2) Head Office

Lot 10, Floor 3, D2, Giang Vo, Ba Dinh, Hanoi(3) Representative

CEO & Founder Linh Pham

(4) Established

November 2017(5) Business Overview

Run a matching application between shippers and transport operators(6) URL

https://www.logivan.com/■Overview of Zeroboard Inc.
(1) Company Name

Zeroboard Inc.

(2) Head Office

Minato-ku, Tokyo(3) Representative

Representative Director: Michitaka Tokeiji(4) Established

August 2021

(5) Business Overview

Development and provision of GHG emissions calculation and visualization cloudservice zeroboard, electricity/environmental value consulting, branding/campaign
support(6) URL

https://zeroboard.jp■Overview of NAGASE(1) Company NameNAGASE & CO., LTD.

(2) Head Office

Chiyoda-ku, Tokyo(3) Representative

Representative Director and President: Kenji Asakura(4) Established

June 1832(5) Business Overview

Import/export and domestic sales of chemicals, plastics, electronics materials,cosmetics and health foods(6) URL

https://www.nagase.co.jp◆Inquiries<Inquiries About zeroboard GHG Emissions Calculation and Visualization Cloud Service zeroboard >Zeroboard Inc.

Email: info@zeroboard.jp<Inquiries About Business>
Corporate Sustainability Office, Corporate Sustainability Dept., NAGASE & CO., LTD.

Tel: 03-3665-3206

Email: nagasesustainability@nagase.co.jp<Inquiries About Press Release>
Public Relations & Branding Office, Corporate Sustainability Dept., NAGASE & CO., LTD.

Tel: 03-3665-3640