Potential offtaker

MITSUBISHI GAS CHEMICAL CO

www.mgc.co.jp

Estimated electricity consumption

N/A

Countries of production presence

N/A

Mitsubishi Gas Chemical Co. is a Japanese company that operates in the Basic & Diversified Chemicals sector. The company was founded in 1918 and has its headquarters in Tokyo, Japan. Mitsubishi Gas Chemical Co. is a subsidiary of Mitsubishi Chemical Holdings Corporation and is a leading manufacturer of chemical products such as fine chemicals, performance polymers, and specialty gases.

The company has a strong commitment to sustainability and has been actively working towards decarbonisation. Mitsubishi Gas Chemical Co. has set a target to reduce its greenhouse gas emissions by 30% by 2030 compared to 2013 levels. The company is also working towards achieving carbon neutrality by 2050.

One of the ways Mitsubishi Gas Chemical Co. is working towards decarbonisation is by investing in renewable energy. The company has been actively investing in solar and wind power projects in Japan and overseas. In 2020, Mitsubishi Gas Chemical Co. announced that it had entered into a corporate power purchase agreement (PPA) with a solar power plant in Japan. Under the PPA, the company will purchase 10 MW of electricity from the solar power plant for a period of 20 years. This will help the company to reduce its carbon footprint and achieve its sustainability goals.

Mitsubishi Gas Chemical Co. is also investing in corporate energy management to reduce its energy consumption and carbon emissions. The company has implemented various energy-saving measures such as upgrading its facilities and equipment, improving its production processes, and promoting energy-efficient behavior among its employees. These measures have helped the company to reduce its energy consumption and carbon emissions significantly.

In addition to its commitment to decarbonisation, Mitsubishi Gas Chemical Co. is also committed to corporate social responsibility. The company has a strong focus on environmental protection, social contribution, and corporate governance. Mitsubishi Gas Chemical Co. has implemented various initiatives to promote sustainability and social responsibility, such as reducing waste and promoting recycling, supporting local communities, and ensuring ethical business practices.

Mitsubishi Gas Chemical Co. is also committed to innovation and has been investing heavily in research and development. The company has a dedicated research and development center in Japan and has been working on developing new products and technologies that are more sustainable and environmentally friendly. Mitsubishi Gas Chemical Co. has also been collaborating with other companies and research institutions to develop new technologies and solutions to address global challenges such as climate change and resource depletion.

In conclusion, Mitsubishi Gas Chemical Co. is a leading chemical company in Japan that is committed to sustainability and decarbonisation. The company is investing in renewable energy, corporate energy management, and innovation to reduce its carbon footprint and achieve its sustainability goals. Mitsubishi Gas Chemical Co. is also committed to corporate social responsibility and has implemented various initiatives to promote sustainability and social responsibility. The company's strong commitment to sustainability and innovation makes it a leader in the Basic & Diversified Chemicals sector.

✓ Declared Net Zero commitment