Sumitomo Corp. and ABeam Consulting
Form New Corporate GX Support Company

ABeam Consulting Ltd.

　ABeam Consulting Ltd. (Chiyoda-ku, Tokyo; Takahiro Yamada, President and CEO) and Sumitomo Corporation (Chiyoda-ku, Tokyo; Shingo Ueno, President and CEO) today announced that on March 1, 2024 (Friday), they established GX Concierge Inc. (Chiyoda-ku, Tokyo; Shingo Ueno, President & CEO), a new firm that will support companies and other organizations in their GX efforts.
 

　Amid an increasing sense of crisis regarding the climate change issue, efforts to become carbon neutral are accelerating in all regions of the world. In Japan, the 2050 Carbon Neutral Declaration has been adopted, and GX, which aims to reduce greenhouse gas (GHG) emissions and achieve decarbonization, has become an urgent issue for corporate management. Since April 2022, ABeam Consulting and Sumitomo Corporation have been collaboratively offering support to companies aiming to go carbon neutral, including the formulation of strategies and roadmaps for GHG reduction and the visualization and analysis of GHG emissions through the use of digital technologies. In order to accelerate the needs and enable more integrated and long-term support, we have since decided to form a new joint venture company, GX Concierge Inc.

　The joint venture enables us to provide an integrated set of assets that companies and organizations need to promote GX, including the conceptualization, digital solution and project management capabilities that ABeam Consulting has cultivated over many years through its corporate transformation and DX support in Japan and the Asia region, and Sumitomo Corporation's ability to provide solutions for GHG emission reductions by leveraging its extensive customer network, global business infrastructure, and group capabilities, in addition to its expertise, which is indispensable in realizing GX.

　Specifically, to achieve carbon neutrality in Scope 3, we provide a wide range of services that are needed to promote GX, including development of scenarios for GX promotion required by companies and organizations, formulation of realization models for a given value chain, GHG data visualization and management infrastructure tools, and offset solutions such as non-fossil certificates and credits, as well as off-site and on-site PPAs to reduce actual GHG emissions with renewable electric power sources. Rather than limiting itself to the ABeam Consulting Group and the Sumitomo Corporation Group, the new company will create an ecosystem on a global scale to help achieve carbon neutrality.

Diagram of GX Concierge Service

　ABeam Consulting and Sumitomo Corporation have previously worked together to establish industry-specific joint ventures. Through this co-creation approach in which we bring our strengths together, we are not only helping to solve complex societal issues such as climate change that cannot be solved by a single company, but also to create value that will lead to further industrial and social change.

Overview of GX Concierge Inc.

ABeam Consulting is an integrated management consulting firm that provides global services tailored to each country and region through its worldwide network centered in Asia. The wide range of consulting services it provides include strategy, BPR, IT, organization/personnel, outsourcing and other domains of specialized expertise. Roughly 8,300 richly experienced professional ABeam consultants advise companies and other organizations in areas that include finance, manufacturing, distribution, energy, information communications, and organizations in the public sector. ABeam Consulting creates the future together with corporations and other organizations. As a creative partner leading the way reliably through change, we contribute to industrial and societal change.
Website : https://www.abeam.com/en/

ABeam Consulting Ltd.
Corporate Communication Unit
Manager Mio Yasuma, Erika Kodama
TEL： 080-1055-9915 （Yasuma）, 050-3785-2613（Kodama）
E-mail： JPABPRTeamDL@abeam.com