Potential offtaker

NGK Insulators, Ltd.

www.ngk.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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NGK Insulators Ltd is a Japanese company that operates in the auto parts sector. The company was founded in 1919 and has since become a global leader in the development and production of advanced ceramic materials and components. NGK Insulators is committed to sustainability and has taken significant steps towards decarbonisation, corporate energy, corporate power purchase agreements (PPAs), and renewable energy.

Decarbonisation is a critical issue facing the world today, and NGK Insulators is taking a proactive approach to reducing its carbon footprint. The company has set a goal to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2013 levels. To achieve this goal, NGK Insulators is implementing a range of measures, including the use of renewable energy sources, improving energy efficiency, and reducing waste.

One of the ways NGK Insulators is reducing its carbon footprint is by investing in renewable energy. The company has installed solar panels at its facilities in Japan, which generate clean energy and reduce the company's reliance on fossil fuels. NGK Insulators has also invested in wind power projects in Japan and Europe, further reducing its carbon footprint.

Corporate energy is another area where NGK Insulators is making significant strides. The company is committed to reducing its energy consumption and improving energy efficiency across its operations. NGK Insulators has implemented a range of measures to achieve this goal, including the use of energy-efficient lighting and equipment, the installation of energy-efficient HVAC systems, and the implementation of energy management systems.

NGK Insulators is also committed to corporate power purchase agreements (PPAs), which allow companies to purchase renewable energy directly from energy producers. By entering into PPAs, NGK Insulators is supporting the development of renewable energy projects and reducing its carbon footprint. The company has signed several PPAs in recent years, including agreements to purchase solar and wind power in Japan and Europe.

Renewable energy is a key focus for NGK Insulators, and the company is investing heavily in this area. In addition to its solar and wind power projects, NGK Insulators is also developing advanced battery technologies for electric vehicles and renewable energy storage. The company's advanced ceramic materials are used in the production of lithium-ion batteries, which are critical for the widespread adoption of electric vehicles and renewable energy storage.

NGK Insulators is also involved in research and development of fuel cell technologies, which have the potential to revolutionize the way we generate and use energy. Fuel cells use hydrogen to generate electricity, producing only water as a byproduct. NGK Insulators is developing advanced ceramic materials for use in fuel cells, which could significantly reduce the cost and improve the efficiency of these technologies.

NGK Insulators is committed to sustainability and is taking significant steps towards decarbonisation, corporate energy, corporate PPAs, and renewable energy. The company's investments in renewable energy, energy efficiency, and advanced battery and fuel cell technologies are helping to reduce its carbon footprint and support the transition to a more sustainable future. With its long history of innovation and commitment to sustainability, NGK Insulators is well-positioned to lead the way in the development of advanced technologies for a cleaner, more sustainable world.

✓ Re100 member
✓ Declared Net Zero commitment