NGK to Invests in Green Investment Fund for Carbon Neutrality Project Established by the Ministry of the Environment

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NGK to Invests in Green Investment Fund for Carbon Neutrality Project Established by the Ministry of the Environment

NGK INSULATORS, LTD. (hereinafter “NGK”) hereby announces that NGK has invested in Japan Green Investment Corp. for Carbon Neutrality (JICN), a public-private fund newly established by the Ministry of the Environment.

JICN is a limited company operating a fund capitalized by fiscal investment and finance from the Japanese government and investments from the private sector. It supplies risk money to projects which contribute to carbon neutrality and advances the creation of opportunities to divert large sums of private ESG funds to investment in carbon neutrality. The amount of investment from the government into this fund is projected to be a maximum total of 20 billion yen in fiscal 2022 and 40 billion yen in fiscal 2023.

The NGK Group has positioned carbon neutrality as one of several social issues that must be addressed in the NGK Group Vision: Road to 2050, its med- to long-term vision, and promotes the development of new businesses in related fields. NGK agreed with the concept of partnering with private financial institutions and private companies in a wide range of industries and business types that enthusiastically work toward carbon neutrality in terms of all-Japan system to achieve its goal and decided to make the investment. Through the investment, NGK will collaborate with companies operating carbon neutrality projects that are the targets of the investment and other parties investing in the fund and aim to accelerate the realization of carbon neutrality.


Outline of Japan Green Investment Corp. for Carbon Neutrality

Company Name : Japan Green Investment Corp. for Carbon Neutrality (JICN)

Address : Toranomon Building 9F, Toranomon 1-1-12, Minato-ku, Tokyo

Establishment : October 28, 2022

Representative : President and CEO Yoshihiko Tayoshi

Business activities : Conducts investment and finance for effective projects that help to realize a carbon neutral society

URL : http://www.jicn.co.jp (Japanese)


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About NGK Insulators

NGK INSULATORS (NGK) is a leading company in the field of ceramics.

Since its foundation in 1919, NGK has used its unique ceramic technology to provide numerous ground-breaking products that solve social issues. Today, NGK is active in more than 20 countries worldwide, with business foci including mobility, energy, IoT and industry. As one of the largest manufacturers of ceramic substrates for automotive catalytic converters, NGK has built on this to also develop new products and businesses with ceramics that actively reducing the strain on our global environment.

Furthermore, NGK’s products include the energy storage system “NAS” batteries, in addition to the compact, thin, and high-energy-density lithium-ion rechargeable battery “EnerCera” line, vital tools for sustainable energy infrastructure.

NGK focuses on the two business fields “carbon neutrality” and” digital society” and is aiming to realize 80% of total company sales in these two fields whilst also achieving net-zero CO2emissions by 2050. Through providing innovative, high-quality products, NGK is committed to contributing to our society. In order to create a future where people can coexist with nature, NGK will continue to develop and provide products that support social infrastructure while preserving the environment.

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Aki Sawafuji

Press contact Corporate Communications Department

Yusuke Inoue

Press contact Corporate Communications Department

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