Potential offtaker

Chuko Electric Co., Ltd.

Estimated electricity consumption

N/A

Countries of production presence

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Chuko Electric Co., Ltd. is a Japanese company that specializes in the production of printed circuit boards (PCBs). Established in 1972, the company has grown to become a leading player in the PCBs sector, with a reputation for quality, reliability, and innovation.

In recent years, Chuko Electric has been focusing on decarbonisation and corporate energy initiatives, recognizing the importance of reducing its carbon footprint and promoting sustainable practices. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy sources.

One of the key strategies that Chuko Electric has adopted to achieve these goals is the implementation of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for the purchase of renewable energy over a specified period. By entering into a corporate PPA, Chuko Electric is able to secure a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

Chuko Electric has already signed several corporate PPAs with renewable energy providers in Japan, including solar and wind power projects. These agreements have allowed the company to increase its use of renewable energy and reduce its reliance on fossil fuels, contributing to its decarbonisation efforts.

In addition to corporate PPAs, Chuko Electric has also invested in its own renewable energy infrastructure. The company has installed solar panels on the roofs of its factories and offices, generating clean energy for its operations. Chuko Electric has also implemented energy-efficient measures, such as LED lighting and energy management systems, to reduce its overall energy consumption.

Chuko Electric's commitment to corporate energy and renewable energy has not only helped to reduce its environmental impact but has also provided economic benefits. By investing in renewable energy infrastructure and entering into corporate PPAs, the company has been able to reduce its energy costs and improve its competitiveness in the market.

However, Chuko Electric's efforts to promote sustainable practices extend beyond its own operations. The company also works with its suppliers and customers to encourage sustainable practices throughout the supply chain. Chuko Electric requires its suppliers to comply with environmental regulations and encourages them to adopt sustainable practices, such as reducing waste and using renewable energy sources. The company also works with its customers to develop products that are environmentally friendly and energy-efficient.

Chuko Electric's commitment to sustainability and decarbonisation has been recognized by various organizations. The company has received several awards for its environmental initiatives, including the Green Factory Certification from the Ministry of Economy, Trade and Industry in Japan. Chuko Electric has also been included in the Dow Jones Sustainability Index, which recognizes companies that demonstrate leadership in sustainability.

In conclusion, Chuko Electric Co., Ltd. is a Japanese company that operates in the PCBs sector and has a strong commitment to decarbonisation, corporate energy, corporate PPA, and renewable energy. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. Chuko Electric has implemented various initiatives to achieve these goals, including corporate PPAs, renewable energy infrastructure, and energy-efficient measures. The company also works with its suppliers and customers to promote sustainable practices throughout the supply chain. Chuko Electric's commitment to sustainability has not only helped to reduce its environmental impact but has also provided economic benefits and improved its competitiveness in the market.

✓ Declared Net Zero commitment