Japan's First: "Next Green Credit" Created, Returning Multi-faceted Value Beyond Decarbonization to Farmers, Derived from Agriculture
NQ Score
42/100
N1 Content Completeness
4
AI Summary (NQ-processed)
BG Co., Ltd. has completed third-party verification for "Next Green Credit," an environmental credit that visualizes and monetizes the environmental value generated by soil cultivation for delicious and healthy vegetables, and has issued its first credits. This is Japan's first environmental credit that quantifies greenhouse gases using an ISO-certified methodology, and other environmental impacts like biodiversity and water quality based on an environmental impact assessment scheme developed with the National Institute of Advanced Industrial Science and Technology (AIST).
AI Analysis
Frequently Asked Questions
- Q: What is Next Green Credit?
- A: It is Japan's first system that visualizes and values the environmental benefits of soil building in agriculture, such as reducing greenhouse gas emissions, enhancing biodiversity, and improving water quality, and trades them as credits.
- Q: What benefits do farmers receive?
- A: The revenue from credit sales is returned to farmers, providing financial support for sustainable agricultural activities to address climate change and rising fertilizer costs.
- Q: What are the benefits for companies purchasing Next Green Credit?
- A: It functions as an environmental contribution activity that synergizes with business operations and contributes to ESG management and achieving decarbonization targets.