Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value Feb 15, 2023 11:17 JST
Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value Feb 15, 2023 11:17 JST
Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value Feb 15, 2023 11:17 JST
MHIEC Builds a New Waste-to-Energy Plant with 194 Tons Per Day-Capacity in Konan City, Aichi Prefecture, Japan Feb 14, 2023 09:27 JST
NEC successfully demonstrated Multi-Vendor Near-RT RIC Integration in O-RAN Global PlugFest 2022 Feb 13, 2023 15:11 JST
RWE, LOTTE CHEMICAL Corporation and Mitsubishi Corporation enter into a Joint Study Agreement to develop a clean ammonia project in Port of Corpus Christi in Texas, USA Feb 08, 2023 16:37 JST
inter airport Southeast Asia 2023 returns in March; exhibition completely sold out after four-year hiatus Feb 16, 2023 17:35 JST
富士通、トルコ・シリア大地震による被害への支援について Feb 16, 2023 16:30 JST
日立ハイテク、社会インフラの課題解決力強化に向けて、日立ハイテクソリューションズを再編 Feb 16, 2023 15:30 JST
NEC launches Value Added xHaul Solution Suite with Open Ecosystem Feb 16, 2023 16:15 JST
Reorganizing Hitachi High-Tech Solutions to Strengthen Capabilities for Solving Social Infrastructure Issues Feb 16, 2023 14:31 JST
三菱電機、ビル用マルチエアコン室内ユニット「天井カセット形4方向吹出し」新製品発売 Feb 16, 2023 13:30 JST
三菱重工、グループ表彰制度「Best Innovation」で地球環境負荷低減に貢献する活動を表彰 Feb 16, 2023 12:30 JST
サステナブルな旅という視点からみた CNN「The Journey Matters」の東京探検 Feb 16, 2023 11:00 JST
サステナブルな旅という視点からみた CNN「The Journey Matters」の東京探検 Feb 16, 2023 11:00 JST
MHI Group Presents “Best Innovation 2022” Awards for Activities that Contribute to Mitigating Impacts on the Global Environment Feb 16, 2023 10:35 JST
Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value Feb 15, 2023 11:17 JST
Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value Feb 15, 2023 11:17 JST
Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value Feb 15, 2023 11:17 JST
MHIEC Builds a New Waste-to-Energy Plant with 194 Tons Per Day-Capacity in Konan City, Aichi Prefecture, Japan Feb 14, 2023 09:27 JST
NEC successfully demonstrated Multi-Vendor Near-RT RIC Integration in O-RAN Global PlugFest 2022 Feb 13, 2023 15:11 JST
RWE, LOTTE CHEMICAL Corporation and Mitsubishi Corporation enter into a Joint Study Agreement to develop a clean ammonia project in Port of Corpus Christi in Texas, USA Feb 08, 2023 16:37 JST
inter airport Southeast Asia 2023 returns in March; exhibition completely sold out after four-year hiatus Feb 16, 2023 17:35 JST
富士通、トルコ・シリア大地震による被害への支援について Feb 16, 2023 16:30 JST
日立ハイテク、社会インフラの課題解決力強化に向けて、日立ハイテクソリューションズを再編 Feb 16, 2023 15:30 JST
NEC launches Value Added xHaul Solution Suite with Open Ecosystem Feb 16, 2023 16:15 JST
Reorganizing Hitachi High-Tech Solutions to Strengthen Capabilities for Solving Social Infrastructure Issues Feb 16, 2023 14:31 JST
三菱電機、ビル用マルチエアコン室内ユニット「天井カセット形4方向吹出し」新製品発売 Feb 16, 2023 13:30 JST
三菱重工、グループ表彰制度「Best Innovation」で地球環境負荷低減に貢献する活動を表彰 Feb 16, 2023 12:30 JST
サステナブルな旅という視点からみた CNN「The Journey Matters」の東京探検 Feb 16, 2023 11:00 JST
サステナブルな旅という視点からみた CNN「The Journey Matters」の東京探検 Feb 16, 2023 11:00 JST
MHI Group Presents “Best Innovation 2022” Awards for Activities that Contribute to Mitigating Impacts on the Global Environment Feb 16, 2023 10:35 JST
Forty years since Fujitsu began its presence in the UK, the company has committed to a major program of investment to establish the UK in a key position in its global innovation network. Fujitsu is determined to bring further innovation to the UK and will see the creation of over 200 high skilled jobs over the next year…
Fujitsu, Dentsu Inc. (subsidiary of Dentsu Group Inc., hereinafter Dentsu), and Information Services International – Dentsu, Ltd. (subsidiary of Dentsu Group Inc., hereinafter ISID) today announced their strategic partnership starting April 15, 2022 toward the realization of a customer-oriented transformation along three value chains: “demand chain,” “supply chain,” and “engineering chain.” Through their cooperation, the companies aim to contribute to the continued business growth of client companies and resolve environmental and social issues to achieve carbon neutrality.
Image of the collaboration
As part of their partnership, the parties aim to support efficient coordination between the three aforementioned value chains of their customers by leveraging Fujitsu’s know-how in supply chain management related business systems and various supply chain optimization technologies, Dentsu’s strengths in customer insights and planning and production capabilities in demand chains, and ISID’s extensive experience and knowledge in engineering chains.
The companies aim to implement a system that helps their customers to immediately respond to consumers’ diversifying needs by capturing changes in their behavior. The companies will further work to implement measures to support their customers in achieving net zero CO2 emissions in their businesses. These efforts will include the creation of models for supply and demand optimization based on customer-oriented product design, as well as demand forecasts to reduce the waste of resources and energy in the manufacturing process to contribute to the reduction of greenhouse gas (GHG) emissions.
For many companies, the efficient internal distribution and exchange of customer information represents an ongoing challenge hindering sustainable business growth and the ability to flexibly adapt to new demands in the market, as information is often divided between different value chains including:
1. The “demand chain,” which relates to the management of information on consumer demands 2. The “supply chain,” a system to manage the production flow of a product from the procurement of raw materials to consumption and 3. The “engineering chain,” which relates to the management of processes from product planning to design and production preparation.
The ability to better grasp customers’ needs allows the supply side to optimize raw material procurement and production planning and thereby reduce losses from unsold goods and ultimately reduce the company’s environmental impact and achieve sustainable growth.
To address these issues, Fujitsu, Dentsu Inc., and ISID will collaborate to offer a traceability system to improve their customers’ QCD (Quality, Cost, Delivery) and time-to-market (time from planning of a product to its release to the market) by providing planning and design departments of companies in the manufacturing industry with marketing information to contribute to an overall optimization of their value chain and sustainable manufacturing.
As the first step of their collaboration, the partners will launch a joint project that combines the product life cycle management (PLM) system “Teamcenter” of Siemens Digital Industries Software(1), which has a proven track record in the field of engineering chain solutions for the manufacturing industry, with ISID’s expertise in a wide range of solutions that cover the entire spectrum from business consulting in product development to IT system implementation and Fujitsu’s know-how in customer business including MOM (Manufacturing Operations Management) and expertise in the introduction and implementation of solutions.
Fujitsu, Dentsu Inc., and ISID will offer customers one of the largest PLM systems in Japan and promote DX in the engineering chain domain of the manufacturing industry by combining various data related to customer insights, product development and production.
Fujitsu will further continue to promote its vision for “Sustainable Manufacturing,” one of seven Key Focus Areas under its global business brand Fujitsu Uvance. Fujitsu aims to inspire sustainable and environmentally friendly lifestyles by building impactful and flexible ecosystems across industries and countries. With its expertise, Fujitsu is accelerating the creation of secure and resilient supply chains and a circular economy to achieve carbon neutrality.
The Dentsu Group will transform itself into a “B2B2S (Business to Business to Society)” corporate group and will create medium to long term value for society by solving social issues through cooperation with client companies.
(1) Siemens Digital Industries Software : Headquarters: Shibuya, Tokyo; Japan Country Manager: Kunihiko Horita About Fujitsu
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com.
About Dentsu Group Inc.
Dentsu Group Inc. is a pure holding company of Detnsu Group that encompasses two operational networks: dentsu japan network and dentsu international. With a strong presence in over 145 countries and with approx. 65,000 dedicated professionals, the Dentsu Group provides a comprehensive range of client-centric integrated communications, media and digital services through approx. 130 companies domestically as well as through six leadership brands and approx. 800 companies internationally.
Dentsu Group Inc. website: https://www.group.dentsu.com/en/
About Dentsu Inc.
In addition to providing various solutions for overall client marketing, Dentsu promotes the development of efficient advertising in response to changes in the digital age; designs optimal customer experiences; innovates marketing infrastructure; and transforms client business. We also integrate diverse capabilities that have evolved beyond the marketing domain to provide integrated solutions, which contribute to the sustainable growth of clients and society. For more information, please see https://www.dentsu.co.jp/en/.
About Information Services International – Dentsu, Ltd.
ISID defines its vision as “HUMANOLOGY for the future: Bringing people and technology together to shape the future” and supports the digital transformation of companies and society with solid technological and creative capabilities. In addition to providing the solutions we have cultivated in four fields–finance, manufacturing, business solutions, and communication IT–we promote “X Innovation (Cross Innovation),” or transcending technological, industrial, corporate, and regional boundaries. In this manner, we continue to create solutions that contribute to the advancement and coexistence of clients, consumers, and society. Please see our official website for the details. https://www.isid.co.jp/english/
IHI Corporation (hereinafter IHI) and Fujitsu Limited today announced the launch of a joint project on environmental value trading(1) starting April 1, 2022, with the aim of contributing to the realization of a carbon-neutral society and to revitalize the market of environmental value trading ecosystems.
Market image utilizing the newly developed environmental value distribution platform
Under this joint project, IHI and Fujitsu will work toward the commercialization and promotion of an environmental value distribution platform by leveraging their business knowledge in blockchain technology and carbon neutrality solutions. The two parties will issue environmental value “tokens”(2) based on data on the reduction of CO2 emissions collected through IHI’s IoT platform “ILIPS” (IHI group Lifecycle Partner System)(3) and establish a platform for distributing these tokens to the environmental value trading market by leveraging Fujitsu’s “ConnectionChain” security technology to interconnect various blockchains.
Through this new platform, the two companies aim to support an efficient distribution of environmental value and the reduction of CO2 emissions generated by companies around the world, and contribute to the realization of the common global goal of a carbon-neutral society.
Background
The trading of environmental values such as carbon credits(4) has been gaining increasing attention as it constitutes a cost-efficient means of reducing CO2 emissions and supports various countries and companies in their efforts to contribute to the realization of a carbon neutral society.
At the same time, the expansion of the distribution volume of carbon credits on the market represents an urgent issue in efforts to bolster environmental value trading. Currently, international initiatives including TSVCM(5), a taskforce working to scale voluntary carbon markets, are promoting measures to expand the scale of transactions and standardize trading systems for carbon credits.
Public and private sectors in Japan are further promoting the use of carbon credits through measures including the “J-Credit Scheme,” a system in which the Japanese government certifies the amount of CO2 emissions reduced through measures including the promotion of renewable energy and forest management. These measures shall offer individuals and small and medium sized companies new opportunities to create environmental value, digitize the creation and utilization process of environmental value, create a trading market and ultimately expand the supply and demand of environmental value to improve the institutional environment.
Current initiatives of the two companies
As part of its initiatives to go carbon neutral, IHI is utilizing its IoT platform “ILIPS” to calculate the amount of CO2 emissions and reductions(6) from operation data of its equipment and facilities. It has additionally started deployment of a digital platform for the visualization and creation of environmental value using blockchain technology in February 2022.
Fujitsu is providing its “ConnectionChain” blockchain technology to interconnect multiple ecosystems consisting of blockchains and other technologies, that is expected to serve as the basis for environmental value trading. ConnectionChain leverages Hyperledger Cactus, an open source software (OSS) project for secure and reliable integration between multiple blockchain platforms hosted by Hyperledger Foundation. Fujitsu has been contributing to the development efforts for “Hyperledger Cactus”(7) since its inception in 2020. Through these efforts, Fujitsu aims to establish a business platform that enables seamless and efficient commercial transactions of a variety of digital assets including environmental values, as well as crypto assets and STOs(8) which are gaining increased attention.
Outline of the joint project
Within this joint project, IHI and Fujitsu will construct a new system that leverages IHI’s ILIPS platform to calculate the amount of CO2 emission reductions and Fujitsu’s ConnectionChain blockchain technology to distribute tokens as high-reliable digital assets to the environmental value trading market. In this way, IHI and Fujitsu aim to launch a new platform for the efficient distribution of environmental value on a global scale and will work to expand the market for environmental value trading. At this end, the two companies will promote the application of digital technologies in the process of creating, managing, and trading environmental value tokens, and aim to create a sustainable value chain model in which funds can be reliably delivered to companies that are engaged in environmental contribution initiatives including the use of green energies and measures to reduce their CO2 emissions.
Prior to this project, the two companies conducted and completed demonstration trials on linking IHI’s ILIPS platform to Fujitsu ConnectionChain to distribute tokens to the environmental value trading market in the end of March 2022.
Future Plans
Moving forward, the two companies aim to realize an environmental value distribution platform by the end of fiscal 2022 and will further promote discussions and demonstration projects with partner companies, related ministries, agencies, and organizations that support this initiative with the goal to contribute to effective and concrete actions toward a carbon neutral society.
(1) Environmental value trading: Measurement and certification of the reduction, absorption, or removal of CO2 and other emissions with the goal to create tradeable values based on decarbonization results. (2) Tokens: Digitized rights and assets issued independently by companies and organizations using blockchain technology. (3) ILIPS: Common platform for IHI Group products that integrates data on equipment and facilities into cloud servers for use in life cycle business with the aim of enhancing IHI Group products and services. (4) Carbon credit: One representative example of environmental value. Tradeable certificates of greenhouse gas reductions. (5) TSVCM: “The Taskforce on Scaling Voluntary Carbon Markets”. International initiative led by the private sector to expand the scale of the carbon credit market. (6) Calculation of CO2 emissions/reductions: Calculations are based on fuel consumption, electric power consumption and a smart contract using methodologies of the J-Credit system and emission factors preset by the Japanese Ministry of the Environment. (7) Hyperledger Cactus: OSS development project to integrate different blockchain platforms hosted by Hyperledger Foundation, the open, global ecosystem for enterprise blockchain technologies. (8) STO: “Security Token Offering”. Project to raise money mainly on stocks and other bonds; issues and sells its own currency “security token” to qualified investors to raise funds.
About Fujitsu
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com.
About IHI
IHI Corporation is a Japanese comprehensive heavy-industry manufacturer working to create value for customers in four main areas; Resource, Energy and Environment; Social Infrastructure and Offshore Facilities; Industrial Systems and General-purpose Machinery and Aero Engine, Space and Defense. Under the management philosophy of “Contribute to the development of society through technology,” IHI leverages its engineering capabilities centered on “Monozukuri” technology in promoting initiatives to contribute to resolving such social issues as becoming carbon-free, preventing and mitigating disasters, and enriching lives of all people in order to create a world where nature and technology work in unity. For more information, please see https://www.ihi.co.jp/.
