Green Transformation
Driving change to build a sustainable world, linking business to the planet's future

Sparking behavioural innovations for a decarbonised society around the world.
Climate change is a critical issue impacting both society and the planet's future. Despite growing action from individuals, companies, and countries, current efforts are insufficient, and we are nearing an irreversible tipping point. A future of extreme weather or a sustainable, healthy world? We must act now to ensure we can say, "We're fortunate to have left a good planet for the future."
Advancing Sustainable Implementation by Recognizing the Global Environment as Critical Capital
In recent years, record-breaking heavy rainfall, droughts, heatwaves, and wildfires occurring around the world have threatened our livelihoods and destabilized ecosystems. These phenomena are fundamentally linked to the widespread use of fossil fuels since the Industrial Revolution, which has led to the massive accumulation of greenhouse gases in the atmosphere.
Environmental initiatives should therefore not be viewed merely as costs, but as investments in cultivating the “soil” that enables long-term social value and community value creation.

ICMG Group’s GX Model Integrating Profitability and Social Impact
By collaborating closely with diverse stakeholders, we aim to co-create new business models and value that contribute to solving climate change challenges.
Through deep commitment to implementation, we accelerate effective and practical social deployment. By integrating consulting, business investment, and collaboration with diverse partners, we contribute to building a sustainable society.
Practical Wisdom in Green Transformation (GX)
ICMG’s GX in Action
Value Creation through Electrification in the Philippines – CleanGrid Partners

Challenges Our Clients Face
I want to be involved in the creation of local businesses through public-private partnerships through carbon-negative initiatives.
Material prices are skyrocketing CO₂ alternatives are needed.
No effective solution for negative emissions has been found.
How did we help?
Our Services

DAC solution utilisation and implementation projects
Direct Air Capture (DAC) technology is being used to directly capture carbon dioxide from the atmosphere and store it underground and to reuse the captured carbon dioxide as a resource with the aim of creating new businesses to help solve this difficult problem.

Clean and sustainable infrastructure development projects
Building world-class solutions that deliver clean, reliable, and affordable electricity for consumers and local communities. At the same time, these initiatives contribute to improving electricity access in underserved and unelectrified areas, revitalizing local economies, and promoting the sustainable use of energy.
Our Presence
Our Joint Ventures
Not only by accompanying but by becoming "practitioners" ourselves, We will innovate and confront social challenges together with wilful leaders.

Greenway Grid Global Pte Ltd
A joint venture established in Singapore by TEPCO Power Grid, Chubu Electric Power’s power transmission and distribution division, and ICMG Group. This joint venture in the power transmission and distribution sector was established following the merger of the power generation divisions of TEPCO and Chubu Electric Power Company (JERA), Japan’s largest electric power company. JERA is engaged in the development, investment, and operations of overseas power transmission and distribution projects in Asia, as well as renewable energy and next-generation infrastructure.

CleanGrid Partners Pte. Ltd.
A joint venture between WEnergy Global Pte Ltd and ICMG Group. Manages renewable energy funds in collaboration with local partners.
Our Experts

We are on a course for growth, together.
Gen Funahashi
ICMG Group CEO, Group COO
ICMG Ventures CEO
ICMG Co-Creation Fund General Partner
Keizai Doyukai
Singapore FSA Certified Fund Manager
B.A. in Economics, Waseda University
Boston University Economics
At Deloitte, he was involved in cross-border M&A of manufacturing clients in the US and UK. He has also managed aerospace and healthcare funds at ACA Investments, a private equity fund in Singapore. He then launched CleanGrid Partners and Greenway Grid Global, joint ventures with Tokyo Electric Power Company and Chubu Electric Power Company to invest in renewable energy and next-generation infrastructure to supply electricity to un-electrified areas in Southeast Asia. He also managed the ICMG Co-Creation Fund No. 1, a venture capital fund started with Haneda Airport and Kiriboshi Bank as LPs, and led the Fund No. 2 as the representative partner.In 2016, he moved to Singapore to oversee investments across Asia, including India, and has co-invested with top Asian VC firms such as Sequoia Capital, Google, Tiger Global Management, and Jungle Ventures. In 2023, he joined Keizai Doyukai (Japan Association of Corporate Executives).

Achieving a Sufferer-Friendly Society in an Age of Divide and Conquer.
Isao Segawa
Director, ICMG Group
Greenway Grid Global Board Member
CleanGrid Partners Board Member
Kobe University
In 2005, after working for Staff Service Investment Co., Ltd. a leading business investment company in the recruitment industry, he became a director (and later the representative director) of OG Investment Co.He was in charge of business revitalization of restaurants, resort hotels, golf courses, and Japanese sake breweries, as well as investment in technology ventures, etc. He joined ICMG in 2012 and was appointed CFO while engaging in M&A and alliance business.

Using DAC as a weapon, we will promote co-creation to stave off the climate crisis and pave the way for the creation of new industries.
Hidetoshi Kikuchi
ICMG Executive Officer
President, TEPCO i-Frontiers, Inc.Global Thermostat Japan PBC board member
B.S., Chemical Engineering, Kyoto University
He has 10 years of experience in sales, business planning, service development, and overseas business development at Recruit Co. He then joined ICMG's predecessor, Axell, from its inception.At ICMG, he is engaged in management, organizational reforms and new business creation projects for general electronics manufacturers, energy, automobiles, railroads, IT, materials, food, distribution, consumer goods, and broadcasting industries. He also has extensive experience in business incubation.

We create something of value to society.
Hitoshi Funahashi
ICMG Group President, Founder and Group CEO
Chairman, Management and Intellectual Assets Subcommittee, Industrial Structure Council/New Growth Policy Subcommittee, Ministry of Economy, Trade and Industry
Vice-Chairman of the New Business Creation Committee, Vice-Chairman of the Stable Small and Medium-sized Enterprises Activation Committee, and Executive Director of the Economic and Social Friendship Association.
Senior Managing Director, Japan Innovation Network
MBA, Waseda University Graduate School, Ph.
Founder and President of ICMG Co. He has worked in a general trading company in the development and export of chemical products for overseas markets and handling national bidding projects, until he joined Recruit Co. Ltd. in 1987. After working in the Human Resources General Service Division and the New Business Development Office, he founded the Business Incubation Division in 1996. He then launched the magazine "Entre" and provided a variety of services including "magazine," "internet," "events," and "individual consulting" as support services for venture companies. In 2000, he founded Accel, Inc. as a successor to the business support project.In 2001, the company partnered with Intellectual Capital AB, a Swedish intellectual capital rating company, to license and develop a Japanese version of IC Rating®, a method for evaluating the actual value of a company that cannot be shown on its balance sheet. In 2003, he took a stake in the company, and in 2010, he made it a subsidiary. Today, ICMG is an advocate of intellectual capitalism that ensures fair and appropriate profits for corporate stakeholders, including management, employees, business partners, customers, and shareholders, and conducts research and practice of ICMG's unique "Intellectual Capital Management" method.

Creating and Expanding the Co-Creation Ecosystem through International Finance
Yu Aruga
Director, CFO and Global Investment Executive, ICMG Group
Director, ICMG Ventures
Fund manager accredited by the Monetary Authority of Singapore
Member of the Securities Analysts Association of Japan
Certified Management Accountant
University College London M.A. in Urban Economic Development
He was in charge of fund raising, investment and liquidity management in Morgan Stanley's finance division. Later, as a founding member of the Singapore subsidiary of a boutique investment bank, he developed the corporate finance business model for Japanese, Indian, and Southeast Asian companies. He was involved in VC investments in India and advisory services for capital tie-ups to APAC companies.He was also in charge of sourcing and DD for the establishment of a global fund of funds. After that, he worked at Nomura Research Institute Singapore as a consultant in the smart city and agriculture fields, and as an advisor for investment in energy business, before joining ICMG Ventures. He is currently engaged in sourcing and DD of investment targets in Asia and networking with VC firms. He lives in Singapore.
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