Potential offtaker

Maruichi Steel Tube Ltd.

www.maruichikokan.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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Maruichi Steel Tube Ltd is a leading Japanese company that operates in the Long, Pipe & Tubular sector. The company is committed to decarbonisation and has been taking significant steps towards reducing its carbon footprint. Maruichi Steel Tube Ltd is also a leader in corporate energy and has been actively pursuing corporate power purchase agreements (PPAs) to support its renewable energy goals.

Maruichi Steel Tube Ltd was founded in 1947 and has since then grown to become a global leader in the steel tube industry. The company has a strong focus on sustainability and has been working towards reducing its carbon footprint through various initiatives. One of the company's key initiatives is decarbonisation, which involves reducing the amount of carbon emissions produced by the company's operations.

To achieve its decarbonisation goals, Maruichi Steel Tube Ltd has been investing in renewable energy sources. The company has been actively pursuing corporate PPAs to support its renewable energy goals. Corporate PPAs are agreements between companies and renewable energy providers, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period.

Maruichi Steel Tube Ltd has been successful in securing several corporate PPAs, which have helped the company to reduce its carbon footprint significantly. The company has also been investing in its own renewable energy projects, such as solar and wind power, to further reduce its reliance on fossil fuels.

In addition to its renewable energy initiatives, Maruichi Steel Tube Ltd has also been working on improving its energy efficiency. The company has implemented various measures to reduce energy consumption in its operations, such as upgrading its equipment and optimizing its production processes.

Maruichi Steel Tube Ltd's commitment to sustainability extends beyond its own operations. The company is also working with its suppliers and customers to promote sustainable practices throughout the supply chain. The company has established a set of sustainability guidelines for its suppliers and encourages them to adopt sustainable practices.

Maruichi Steel Tube Ltd's sustainability efforts have been recognized by several organizations. The company has received various awards and certifications for its sustainability initiatives, including the Eco-First Award and the ISO 14001 certification for environmental management.

In conclusion, Maruichi Steel Tube Ltd is a leading Japanese company in the Long, Pipe & Tubular sector that is committed to sustainability. The company's initiatives towards decarbonisation, corporate energy, corporate PPAs, and renewable energy have helped it to reduce its carbon footprint significantly. Maruichi Steel Tube Ltd's commitment to sustainability extends beyond its own operations and includes working with its suppliers and customers to promote sustainable practices throughout the supply chain. The company's efforts towards sustainability have been recognized by several organizations, highlighting its leadership in the industry.

✓ Declared Net Zero commitment