Potential offtaker

JFE Holdings, Inc.

www.jfe-holdings.co.jp

Estimated electricity consumption

N/A

Countries of production presence

N/A

JFE Holdings Inc. is a Japanese multinational corporation that operates in the Steel Producers sector. The company was established in 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation. JFE Holdings Inc. has its headquarters in Tokyo, Japan, and operates in various countries around the world, including the United States, China, and Thailand.

JFE Holdings Inc. is committed to decarbonisation and is actively working towards reducing its carbon footprint. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030 compared to the 2013 levels. JFE Holdings Inc. is also working towards achieving carbon neutrality by 2050. The company has identified decarbonisation as a key priority and is investing in various initiatives to achieve this goal.

One of the initiatives that JFE Holdings Inc. is investing in is corporate energy. The company is exploring ways to generate its own energy through renewable sources such as solar and wind power. JFE Holdings Inc. has already installed solar panels at its facilities in Japan and is planning to expand its renewable energy capacity in the future. By generating its own energy, JFE Holdings Inc. can reduce its reliance on fossil fuels and reduce its carbon footprint.

JFE Holdings Inc. is also exploring the use of corporate power purchase agreements (PPAs) to support its renewable energy initiatives. A corporate PPA is a contract between a company and a renewable energy provider to purchase a certain amount of energy at a fixed price over a set period. By entering into a corporate PPA, JFE Holdings Inc. can secure a reliable source of renewable energy and support the development of new renewable energy projects.

In addition to its renewable energy initiatives, JFE Holdings Inc. is also investing in energy efficiency measures to reduce its energy consumption. The company has implemented various measures to improve the energy efficiency of its facilities, including upgrading its equipment and improving its production processes. By reducing its energy consumption, JFE Holdings Inc. can reduce its carbon footprint and lower its operating costs.

JFE Holdings Inc. is also investing in research and development to develop new technologies that can support decarbonisation. The company has established a research and development center in Japan to focus on developing new technologies for the steel industry. JFE Holdings Inc. is exploring various technologies, including carbon capture and storage, to reduce its carbon emissions.

JFE Holdings Inc. is also committed to promoting sustainability throughout its supply chain. The company has established a sustainability policy that outlines its commitment to responsible sourcing, environmental protection, and social responsibility. JFE Holdings Inc. works with its suppliers to ensure that they meet its sustainability standards and encourages them to adopt sustainable practices.

In conclusion, JFE Holdings Inc. is a Japanese multinational corporation that operates in the Steel Producers sector. The company is committed to decarbonisation and is actively working towards reducing its carbon footprint. JFE Holdings Inc. is investing in various initiatives, including renewable energy, corporate PPAs, energy efficiency, research and development, and supply chain sustainability, to achieve its decarbonisation goals. The company's commitment to sustainability and decarbonisation is commendable and sets an example for other companies in the sector to follow.

✓ Declared Net Zero commitment