- Mizuho Bank and Pollination Global Holdings have formed a strategic partnership to support clients in decarbonisation efforts.
- Mizuho Bank has invested US$20 million for a partial equity stake in Pollination.
- Pollination is a specialist climate change investment and advisory firm established in 2019.
- The partnership aims to support clients with climate and nature transition strategies, providing advisory support and investment access.
- Focus areas include natural capital, biodiversity strategies, and carbon market participation.
- Mizuho is committed to helping clients transform organizations and implement next-generation technologies for sustainable growth.
- By combining expertise, Mizuho and Pollination will enhance client support to tackle complex climate change issues.
- Pollination’s CEO highlighted Mizuho as a sophisticated partner in sustainable finance, marking the beginning of a significant strategic partnership.
- The importance of finance in addressing climate change solutions, especially in Asia, was emphasized by Pollination's Executive Chair.
- Mizuho's Chief Sustainability Officer underscored the necessity of providing proven strategies to clients amidst evolving sustainability challenges.
Strategic partnership formed between Mizuho and
Pollination
November 5, 2024
Mizuho Bank, Ltd. (President & CEO: Masahiko Kato) and Pollination Global Holdings Limited
(Founder & CEO: Martijn Wilder AM; “Pollination”) have agreed to form a strategic partnership
to support our clients’ efforts to implement decarbonisation steps. As part of the agreement,
Mizuho Bank has invested US$20 million for a partial equity stake in Pollination.
1. Purpose of the strategic partnership
Pollination is a specialist climate change investment and advisory firm working to accelerate
the transition to a net zero, nature positive future. Launched in 2019, Pollination is a global
firm that works with financial institutions, large companies, and governments implementing
ambitious transition strategies. It brings together world leaders across a diverse range of
fields, including finance, investment, corporate governance and strategy, technology, law,
and policy, to unlock sustainable solutions.
The partnership will focus on supporting clients to implement their climate and nature
transition strategies. This will include providing strategy and advisory support, access to
investment opportunities and assets in transition sectors, and working together to create new
approaches to transition and sustainable finance. The partnership will look to specifically
support clients as they expand their work and investment on nature, including TNFD
readiness, natural capital and biodiversity strategy, and participation in carbon markets.
For decarbonisation and other sustainability issues, Mizuho supports clients in transforming
their organizations and social implementation of next-generation technologies, both in the
financial and non-financial fields, with an eye toward achieving sustainable growth, increasing
corporate value, and strengthening industrial competitiveness. By combining Pollination's
global expertise in the climate change advisory area and Mizuho's customer base and
industry expertise together with its ability to provide financial solutions, Mizuho will enhance
its ability to support clients in development and implementation strategies to address the
increasingly globalized and complex issues and needs of clients dealing with climate change.
Mizuho will in collaboration with Pollination strengthen its client support system on a global
basis in the area of sustainability.
2. Comments by both companies
Pollination Global Holdings Limited Founder & CEO Martijn Wilder AM
Mizuho Bank is a highly sophisticated partner in sustainable finance. This investment is
a significant vote of confidence in our business, marking the beginning of a powerful
strategic partnership that will accelerate our reach and impact.
Pollination Global Holdings Limited Founder & Executive Chair Tony O’Sullivan
Given the critical role of finance in unlocking climate change solutions, particularly across
Asia, we are delighted to have established such a significant partnership.
Mizuho Financial Group’s Group Chief Sustainability Officer Yasuhiko Ushikubo
Our clients around the world are encountering a broad spectrum of sustainability-related
requirements against the backdrop of accelerating change. Supporting them with proven
expertise and strategies, applied with a global perspective, is essential. Through this
alliance and close partnership with Pollination, we will help our clients develop and
implement tactics to navigate these nuanced challenges while helping contribute to
resolving climate change issues and realizing a nature-positive future in Asia and the rest
of the world.
Source: Mizuho Financial Group, Inc. Mizuho Bank, Ltd.
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