SMBC + Persefoni Jointly Support Decarbonization Journeys

Learn why one of Asia's most respected banks partnered with Persefoni and what they're doing together to meet the decarbonization needs of their shared customers
Persefoni Team
By Persefoni Team
December 9, 20221 min read
December 22, 2022, 1:42 PMUpdated
December 9, 2022Updated: December 22, 2022, 1:42 PM1 min read

Since the adoption of the “Paris Agreement” in 2015, measures to combat climate change have accelerated worldwide. In October 2020, the Japanese government announced it would strive to achieve a decarbonized society by declaring "2050 Carbon Neutral", which aims to reduce greenhouse gas emissions to zero by 2050.

As part of this decision, companies are being compelled to take measures to decarbonize - and SMBC is there to help customers and the market.

SMBC has developed and begun offering a cloud service called Sustana that visualizes corporate greenhouse gas (GHG) emissions. As a partner for this service, SMBC researched the marketplace and selected Persefoni. Together, we have begun providing services to customers.

Why did Sumitomo Mitsui Banking Corporation start a joint effort with Persefoni, and what are the challenges facing companies in achieving decarbonization? Learn more in SMBC's own words: