The fund will be managed for a period of 15 years and will be used to invest in companies working to solve environmental problems.
The Yamaha Sustainability Fund will accelerate efforts to address environmental issues
Japanese motorcycle giant Yamaha Motor Co Ltd has announced the creation of the Yamaha Motor Sustainability Fund, which will seek to invest in companies working to address environmental issues. The goal of the Sustainability Fund is to combine carbon offsetting with an actual reduction in the carbon footprint of Yamaha’s existing operations. In total, the fund has an investment value of $100 million and will be managed for a period of 15 years, a company statement said.
Read also : Yamaha’s shared mobility platform makes foray into 4-wheel electric vehicle segment
Yamaha Motor’s corporate mission is to “bring people around the world new thrills and more fulfilling lives,” and environment-focused initiatives are among the most important themes in achieving this mission. “Through this fund, Yamaha Motor intends to foster collaborative relationships with the many companies striving to solve environmental problems and to contribute as a like-minded partner to creating a better world. while mutually enhancing each company’s goals,” a company statement read.
Read also : Honda, Yamaha, Suzuki and Kawasaki team up to launch battery swap service
Yamaha Motor has made strengthening its sustainability efforts a central theme in addition to the growth strategies and strengthening management foundations the company has pushed to date. The Company is exploring new technologies and business models that contribute to sustainability to accelerate the carbon offset efforts needed to achieve its carbon neutral goals.
For the latest car news and reviews, follow TUSEN.com on TwitterFacebook and subscribe to our YouTube channel.