Right now we are starting off to explore TBM’s Green Sourcing Hub, a digital marketplace transforming sustainable procurement, and discover eco-conscious materials like LIMEX, together with the company’s bold goals for a carbon-negative future. Are you ready? Here we go!
Power of Data-Driven Sustainability
In today’s world, sustainability is not merely a buzzword. It is a paradigm shift that impacts economies, industries, and daily life. Businesses are increasingly recognizing the importance of adopting eco-conscious practices, not only to reduce their carbon footprint but also to tap into a growing market of environmentally conscious consumers.
The case for sustainable practices is underscored by compelling statistics – nearly 90% of Gen X consumers are willing to spend over 10% extra for sustainable products compared to just over 34% in 2020.
In this evolving landscape, TBM, a Japanese startup that has gained recognition at international events like COP, G20, and G7, is making waves with its brand-new Green Sourcing Hub, set to redefine sustainable procurement.
Digital Transformation of Sustainability
The Green Sourcing Hub is a digital platform focusing on sustainable material procurement with a strong emphasis on low carbon, recycled, biodegradable, biobased, and composite materials. The platform was developed by TBM Co., Ltd., a material manufacturer with a track record of excellence in producing innovative, sustainable materials. This commitment to quality ensures that buyers can source high-quality, eco-conscious materials from Japanese suppliers.
This forward-thinking marketplace shortens the gap between Japanese suppliers and global buyers. TBM’s journey from being a homegrown startup to gaining membership in the prestigious World Economic Forum Unicorn Community is a testament to its commitment to sustainable materials.
LIMEX: Game-Changing Innovation
LIMEX, a revolutionary eco-friendly material primarily composed of limestone, is at the heart of TBM’s offerings. The company’s CEO, Yamasaki Nobuyoshi, began developing this material in 2010, aiming to create a sustainable alternative to traditional paper and plastic. LIMEX significantly reduces the reliance on petroleum-derived resources compared to traditional plastics.
Over the years, LIMEX has found its way into various products, from paper substitutes for leaflets, posters, and maps to food containers and construction materials. It boasts high durability and water resistance, making it a versatile and eco-friendly material that is making its mark on everyday life.
Overseas Expansion and Partnerships
TBM’s commitment to combating climate change and promoting a circular economy goes beyond Japan. The company aims to coordinate with local partners in countries that rely on imports for paper due to water shortages and limited trees. By building factories and creating local jobs, TBM is contributing to the local economies of these regions.
In July 2021, TBM signed a capital and business alliance with the SK Group, a prominent Korean corporate group involved in petroleum refining and telecommunications. TBM aims to develop biodegradable LIMEX by combining the SK Group’s biodegradable material with TBM’s innovative technologies.
Role of Tokyo Metropolitan Government
The Tokyo Metropolitan Government (TMG) has been instrumental in supporting TBM’s growth. Start-ups face numerous challenges as they grow, and TMG has offered crucial assistance, from subsidies to facility provision and hands-on guidance. LIMEX was chosen as a “Tokyo Metropolitan Government trial order authorization good,” and the material was used for novelty items in Toei Subway and the Tokyo Marathon. TMG’s support was essential in securing patents in various countries. The collaboration between TMG and TBM demonstrates the importance of governmental support in innovation and sustainability.
Towards Circular Economy
TBM’s commitment to a circular economy and climate change mitigation is evident. The company’s ambitious TBM Pledge 2050 aims to achieve carbon negativity, and circulate 1 million tons of LIMEX and plastic materials across 50 countries by 2050.
In 2022, TBM signed The Climate Pledge, affirming its commitment to achieve net-zero carbon by 2040. These initiatives underscore the company’s dedication to combating climate change and promoting sustainable practices.
Shaping Sustainable Tomorrow
The Green Sourcing Hub by TBM represents more than just a digital marketplace. It is a testament to the power of sustainable innovation and the impact of individual choices. TBM’s leadership in eco-conscious materials and its ambitious goals for a greener, carbon-negative future provide hope and inspiration. As we look ahead, it becomes clear that TBM is not only shaping a sustainable tomorrow but also rewriting the way industries source materials today.
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For more information about the company, please refer to the official website or to their profile on LinkedIn: https://www.linkedin.com/showcase/green-sourcing-hub/
