Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Yamaha Motor to Establish Environmental Technology Investment Fund


Yamaha Motor Co., Ltd. (TOKYO: 7272) announced that it plans to establish an investment fund seeking potential business partners and startups for collaborations that will accelerate the development of environmental technologies.

The Yamaha Motor group has set a new goal of aiming for carbon neutrality throughout all of its business activities, including across the life cycles of its products,* by 2050.

The planned fund will aid in Yamaha Motor achieving its targets by supporting new businesses that contribute to the preservation and/or progress of the global environment. The Yamaha Motor group aims to help build new businesses that will lead to carbon-negative solutions in the environmental resources field.

*Emissions as a direct result of business activities (Scope 1 and 2) and emissions outside of these (Scope 3).

Fund Overview

Business Operations

– Searching for and investing in venture companies that specialize in environmental resources

  • Total fund amount: US$100 million
  • Fund period: 15 years
  • Establishment: 2022 (scheduled)
  • Fund operator location: Silicon Valley, California, United States
  • Administrator: Yamaha Motor Ventures & Laboratory Silicon Valley (YMVSV)

Purpose and Expectations

– Support new businesses contributing to the preservation and/or progress of the global environment
– Focus on environmental resource issues requiring solutions
– Consider investments in businesses with potential for growth, regardless of region
– Aim to build new businesses that will lead to carbon-negative solutions in the environmental resources field

Related Documents

 

Yamaha Motor Co Ltd Stock

€21.07
0.570%
The Yamaha Motor Co Ltd stock is trending slightly upwards today, with an increase of €0.12 (0.570%) compared to yesterday's price.
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Yamaha Motor Co Ltd stock is not clear.
Like: 0
Share
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Comments