TOYOTA MOTOR CORPORATION Jun. 03, 2021
Toyota Establishes 'Toyota Ventures Climate Fund'Accelerating Efforts to Achieve Carbon NeutralityToyota is strengthening company-wide efforts to further accelerate CO2reduction toward its goal of carbon neutrality. As a part of this effort, Toyota has established a global investment fund, the 'Toyota Ventures Climate Fund.'
To achieve carbon neutrality, in addition to making our own efforts, we believe that we need to collaborate with like-minded partners. The Toyota Ventures Climate Fund will invest in promising early-stage companies around the world, that are eagerly working on solutions to drive innovation in carbon neutrality.
The Toyota Ventures Climate Fund will be managed by the team at Toyota AI Ventures, which announced today that its company name has been changed to Toyota Ventures (hereinafter referred to as 'TV'). TV will serve as the fund manager (GP) on behalf of Toyota, with a total investment of 150 million U.S. dollars.
| Location | U.S. |
| Investees | Early-stage companies around the world that are eagerly working on solutions to drive innovation in carbon neutrality |
| Fund size | 150 million U.S. dollars |
| Operation period | 15 years |
Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.
SDGs Initiativeshttps://global.toyota/en/sustainability/sdgs/Attachments
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Toyota Motor Corporation published this content on 03 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2021 13:02:05 UTC.
