Potential offtaker

KURODA PRECISION INDUSTRIES LTD.

www.kuroda-precision.co.jp

Estimated electricity consumption

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Countries of production presence

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Kuroda Precision Industries Ltd. is a Japanese company that operates in the Fabricated Metal & Hardware sector. The company was founded in 1925 and has since then become a leading manufacturer of precision components and machines. Kuroda Precision Industries Ltd. has a strong commitment to sustainability and has been actively working towards decarbonisation and the adoption of renewable energy sources.

The company has set ambitious targets to reduce its carbon footprint and has implemented various measures to achieve these goals. One of the key initiatives undertaken by Kuroda Precision Industries Ltd. is the adoption of corporate power purchase agreements (PPAs) for renewable energy. The company has signed several long-term contracts with renewable energy providers to procure green energy for its operations.

Corporate PPAs are a relatively new concept in Japan, and Kuroda Precision Industries Ltd. is one of the first companies in the country to adopt this approach. By entering into long-term contracts with renewable energy providers, the company is able to secure a stable and predictable source of energy while also reducing its carbon footprint. The company has set a target to procure 100% of its energy from renewable sources by 2050.

In addition to corporate PPAs, Kuroda Precision Industries Ltd. has also implemented various energy-saving measures to reduce its reliance on fossil fuels. The company has invested in energy-efficient equipment and has implemented a range of measures to improve the efficiency of its operations. These measures have helped the company to reduce its energy consumption and carbon emissions.

Kuroda Precision Industries Ltd. has also been actively involved in the development of new technologies to support decarbonisation. The company has been working on the development of new materials and technologies that can be used in renewable energy systems. For example, the company has developed a new type of solar panel that is more efficient and cost-effective than traditional solar panels.

The company has also been involved in the development of new technologies to support the adoption of electric vehicles. Kuroda Precision Industries Ltd. has developed a range of components and systems that are used in electric vehicles, including motors, batteries, and charging systems. The company is committed to supporting the transition to electric vehicles and has set a target to become a leading supplier of components and systems for electric vehicles.

Kuroda Precision Industries Ltd. has also been actively involved in the development of new technologies to support the adoption of hydrogen fuel cells. The company has developed a range of components and systems that are used in hydrogen fuel cell vehicles, including fuel cells, hydrogen storage systems, and hydrogen refuelling stations. The company is committed to supporting the transition to hydrogen fuel cell vehicles and has set a target to become a leading supplier of components and systems for hydrogen fuel cell vehicles.

In addition to its commitment to sustainability, Kuroda Precision Industries Ltd. is also committed to corporate social responsibility. The company has implemented a range of measures to ensure that its operations are socially responsible and sustainable. These measures include the adoption of ethical business practices, the promotion of diversity and inclusion, and the implementation of measures to support the health and wellbeing of its employees.

Kuroda Precision Industries Ltd. is a leading example of a company that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and has implemented a range of measures to achieve these goals. By adopting corporate PPAs for renewable energy and investing in energy-efficient equipment, the company has been able to reduce its reliance on fossil fuels and secure a stable and predictable source of energy. The company's commitment to sustainability and corporate social responsibility is a testament to its leadership and vision for a more sustainable future.

✓ Declared Net Zero commitment