English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 17 June 2024, 10:14 JST
Share:
    

Source: Fujitsu Ltd
Fujitsu begins impact investing to address the challenge of solving social issues and to achieve a sustainable society

KAWASAKI, Japan, June 17, 2024 - (JCN Newswire) - Fujitsu Limited today announced that it has expanded the investment scope of the Corporate Venture Capital (CVC) fund managed by Fujitsu Ventures Limited to begin impact investing, in which Fujitsu will invest in companies that are taking on the challenge of solving social issues.

Impact investing is investing with the aim of simultaneously generating both economic returns and a measurable positive impact on society and the environment. Fujitsu, through impact investing, will support a wide range of companies that are addressing the challenge to solve social issues in areas that are not limited to Fujitsu’s direct business areas, but will also contribute to achieving a sustainable society.

In May 2024, for its first impact investment, Fujitsu invested into Gojo & Company, Inc., which provides financial services, such as microfinance (1), to low-income households in developing countries.

Overview of the impact investing

The CVC fund established by Fujitsu in April 2021 and managed by Fujitsu Ventures has contributed to solving social issues through its business activities by investing in startups that collaborate with Fujitsu both in and outside of Japan.

In addition, in May 2023, Fujitsu identified three areas for its Materiality (Essential contributions). These areas are solving global environmental issues, developing a digital society, and improving people’s well-being. Fujitsu will collaborate with like-minded partners where there is mutual empathy for purpose and material issues, and not limited to Fujitsu’s direct business areas. Fujitsu believes that it is essential to build an ecosystem that transcends industry boundaries, and has started impact investing in a variety of companies that are tackling the challenge of solving social issues.


About Gojo & Company

Gojo & Company’s mission is to extend financial inclusion (2) across the globe. The company provides microfinance to low-income clients and has continued to experience impressive growth since its establishment in July 2014. With 2 million clients as of the end of April 2024, Gojo & Company is having a significant social impact in improving access to financial services and empowering women. The value that the company provides also aligns with Fujitsu’s Materiality of developing a digital society and improving people’s well-being. Fujitsu believes that supporting Gojo & Company will be very significant.

[1] Microfinance :Financial services, such as microcredit and savings, that are provided to low-income individuals.
[2] Financial inclusion :It is ensuring that everyone has access to and receives the benefit of financial services without exclusion.

About Fujitsu

Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.

Press Contacts
Fujitsu Limited
Public and Investor Relations Division
Inquiries



Topic: Press release summary
Source: Fujitsu Ltd

Sectors: PE, VC & Alternatives, Startups
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 
Fujitsu Ltd Links

http://www.fujitsu.com

https://plus.google.com/+Fujitsu

https://www.facebook.com/FujitsuJapan

https://twitter.com/Fujitsu_Global

https://www.youtube.com/user/FujitsuOfficial

https://www.linkedin.com/company/fujitsu/

Fujitsu Ltd Related News
2024年11月1日 12時30分 JST
富士通、スーパーコンピュータ「京」や「富岳」の高速化にも寄与した演算処理技術に関する発明が、関東地方発明表彰にて「特許庁長官賞」を受賞
Friday, 1 November 2024, 12:24 JST
Fujitsu's groundbreaking computing technology for accelerating scientific computing wins Japan Patent Office Commissioner's Award
2024年11月1日 10時24分 JST
富士通とAMD、AIのオープン化を加速するサステナブルなコンピューティング基盤の実現に向けて戦略的協業を開始
Friday, 1 November 2024, 10:45 JST
Fujitsu and AMD to begin strategic partnership to develop more sustainable computing infrastructure intended to accelerate open-source AI initiatives
Wednesday, 30 October 2024, 13:43 JST
Fujitsu and Morinaga Milk Industry jointly develop a simulation system for raw material price fluctuations, speeding up decision-making
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575