Kurita joins the newly established "GX Business Working Group" as a member to Build a Framework and Promote Evaluation and Disclosure on Climate-related Opportunities by GX League

October 6, 2022

Kurita Water Industries Ltd. （Head Office: Nakano-ku, Tokyo; President: Michiya Kadota） established the "GX Business Working Group" in collaboration with 6 leading companies (Nomura Holdings, Inc. being the chair) and 73 member companies.

Towards FY2023's full operation of GX League^*, we will facilitate three functions together with more than 440 supporters of FY 2022 GX League. This working group is one of three GX League's function, discussion of market creation and rulemaking in the carbon-neutral society, which especially in 2022 aims to create public private collaboration mechanism in rulemaking.

For the realization of carbon neutral society, GX Business Working Group aims to establish an appropriate framework to evaluate Japanese companies' opportunity, their contribution to climate change. Through the discussion with leaders and members of the working group, we intend to develop a guideline and take initiative on climate-related opportunities by the end of FY2022.

• *GX is an abbreviation for Green Transformation. It refers to the transformation of the whole socio-economic system as a country to realize both 2030 GHG emission reduction targets and industrial growth by perceiving related efforts as an opportunity for economic growth. Based on the "Basic Concept" released by Ministry of Economy, Trade and Industry on February 2022, GX League was launched as a mechanism for industry, government, academia and financial institution to create a group of ambitious companies that will discuss, demonstrate and establish a new market and socio-economic system to realize CN in 2050.