Daicel Corp is a Japanese multinational company that specializes in the production of engineering plastics, advanced materials, and other chemical products. The company was established in 1919 and has since grown to become a leading player in the chemical industry, with operations in Japan, the United States, Europe, and Asia.

As a company that operates in the engineering plastics sector, Daicel Corp is well-positioned to play a crucial role in the decarbonization of the global economy. The company has recognized the need to transition to a low-carbon economy and has taken proactive steps to reduce its carbon footprint. One of the ways the company is achieving this is by investing in renewable energy sources.

Corporate energy is a critical aspect of Daicel Corp's sustainability strategy. The company has set ambitious targets to reduce its energy consumption and greenhouse gas emissions, and it is actively pursuing various initiatives to achieve these goals. One of the key initiatives is the implementation of a corporate power purchase agreement (PPA) for renewable energy.

A corporate PPA is an agreement between a company and a renewable energy provider, where the company agrees to purchase a specific amount of renewable energy for a fixed period. Daicel Corp has entered into several corporate PPAs for wind and solar power, which has enabled the company to reduce its reliance on fossil fuels and significantly reduce its carbon footprint.

In addition to corporate PPAs, Daicel Corp is investing in renewable energy projects, such as solar and wind farms. The company has also installed solar panels on the roofs of its factories and offices, which has helped to reduce its electricity consumption and carbon emissions.

Daicel Corp's commitment to renewable energy and decarbonization is not only beneficial for the environment but also for its business. The company recognizes that sustainability is a key driver of business success and that customers and investors are increasingly demanding sustainable products and practices.

In addition to its renewable energy initiatives, Daicel Corp is also investing in research and development to develop innovative products that are more sustainable and environmentally friendly. The company's engineering plastics division is focused on developing materials that are lighter, stronger, and more durable, which can help to reduce the environmental impact of products across various industries.

Daicel Corp's sustainability strategy is aligned with the United Nations Sustainable Development Goals (SDGs), and the company is committed to contributing to the achievement of these goals. The company's initiatives to reduce its carbon footprint, invest in renewable energy, and develop sustainable products are all in line with the SDGs.

In conclusion, Daicel Corp is a leading player in the engineering plastics sector, with a strong commitment to sustainability and decarbonization. The company recognizes the need to transition to a low-carbon economy and is taking proactive steps to reduce its carbon footprint. Daicel Corp's investment in renewable energy, corporate PPAs, and sustainable product development are all part of its broader sustainability strategy, which is aligned with the United Nations Sustainable Development Goals. As the world continues to grapple with the challenges of climate change, Daicel Corp's leadership in sustainability and decarbonization will be critical in driving the transition to a more sustainable future.