Commencement of partnership with Terrascope to provide decarbonization support to clients

June 15, 2023

Mizuho Bank, Ltd.

Mizuho Bank, Ltd. (hereinafter, Mizuho Bank; President and CEO: Masahiko Kato), has announced the commencement of a partnership with Terrascope Pte. Ltd. (hereinafter, Terrascope; CEO: Maya Hari), an affiliated company of leading global food & agricultural company, Olam International Limited (hereinafter, Olam). This will be Mizuho Bank's first partnership to support decarbonization in the Asia-Pacific region, through provision of decarbonization support services to corporate clients. Together with Terrascope, Mizuho Bank aims to accelerate the transition to a more global decarbonized economy than ever before.

The decarbonization support services provided by Terrascope will not only provide data, data analysis and other digital tools for companies around the world to accurately and effectively measure and manage their greenhouse gas emissions, but will also leverage the Olam Group’s extensive knowledge of the food industry to help companies achieve their sustainability and net-zero targets.

Terrascope announced its expansion into the Japanese market with the establishment of a Japanese subsidiary, and will form a strategic partnership with Mitsubishi Corporation and Nihon Tetra Pak K.K. to identify decarbonization needs in Japan.

In response to the accelerated international movement toward climate change and increasing needs for decarbonization solutions, Mizuho will leverage this strategic partnership to provide financing opportunities for clients to realize their net-zero transition strategies and sustainable management, drawing on the client network that Mizuho has in the Asia-Pacific region and the solutions of Terrascope.

Overview of Terrascope

Representative Maya Hari
Address 63 Robinson Rd, #06 1-B, ESG Impact Hub by MAS, Singapore - 068894
Establishment June 2022
Business Profile Development and sales of carbon emission visualization and reduction platforms for decarbonization

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