MUFG Innovation Partners invested in sustainacraft, Inc.
July 6th, 2022 – MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), the leading global financial group of Japan, recently invested in sustainacraft, Inc.(sustainacraft), an innovative solution provider that brings transparency to Nature-based Solutions (NbS).
sustainacraft offers (1) a cost-effective and high precision satellite-based forest monitoring solution to estimate carbon stocks by using multiple data sources, and (2) a transparent carbon credit project platform using causal inference-based FREL (forest reference emission level) estimation solutions. sustainacraft’s unique combination of technologies will help enhance the credibility of international carbon credits, thereby facilitating the global trading of such credits.
Through the investment, MUIP would support sustainacraft’s strategic partnership within MUFG, including foreign subsidiaries and raise awareness of this field among MUFG’s corporate clients.
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,400 locations in more than 50 countries. The Group has over 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to ““Committed to empowering a brighter future.” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english
sustainacraft develops and provides an innovation NbS monitoring solutions to governments, non-profit organizations, and private companies that are working on carbon credit projects generated from natural resources. sustainacraft is headquartered in Tokyo. sustainacraft’s customers include leading brands in multinational conglomerates, financial services, and forest machinery manufacturers. For more information, please visit https://sustainacraft.com/