Potential offtaker

Nikon Corporation

www.nikon.com

Estimated electricity consumption

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Countries of production presence

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Nikon Corporation is a Japanese multinational company that specializes in the production and distribution of camera equipment. Founded in 1917, the company has grown to become one of the leading manufacturers of cameras, lenses, and other imaging products in the world. With a strong commitment to innovation and quality, Nikon has established a reputation for excellence that is recognized by professionals and consumers alike.

As a global company, Nikon recognizes the importance of sustainability and environmental responsibility. The company has made a commitment to decarbonisation and reducing its carbon footprint through a range of initiatives. One of the key strategies that Nikon has adopted is the use of renewable energy sources to power its operations.

Corporate Energy

Nikon has implemented a comprehensive corporate energy strategy that focuses on reducing its energy consumption and increasing its use of renewable energy sources. The company has set ambitious targets for reducing its carbon emissions, including a goal of achieving a 30% reduction in CO2 emissions by 2030.

To achieve these targets, Nikon has implemented a range of energy-saving measures across its operations. These include the use of energy-efficient lighting, heating, and cooling systems, as well as the adoption of more efficient manufacturing processes. The company has also implemented a range of measures to reduce the energy consumption of its office buildings, such as the use of smart lighting systems and the installation of solar panels.

Corporate PPA

One of the key strategies that Nikon has adopted to increase its use of renewable energy is the use of corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a company and a renewable energy provider, whereby the company agrees to purchase a certain amount of renewable energy from the provider over a specified period.

Nikon has entered into several corporate PPAs with renewable energy providers, including wind and solar power companies. These agreements have enabled the company to increase its use of renewable energy and reduce its reliance on fossil fuels. By purchasing renewable energy through corporate PPAs, Nikon is also supporting the growth of the renewable energy industry and helping to drive the transition to a low-carbon economy.

Renewable Energy

Nikon is committed to increasing its use of renewable energy sources, such as solar and wind power, to power its operations. The company has installed solar panels at several of its manufacturing facilities, which generate clean energy and help to reduce the company's carbon footprint.

In addition to using renewable energy to power its operations, Nikon is also investing in the development of new renewable energy technologies. The company has established a research and development division that is focused on developing new technologies for the production and storage of renewable energy.

Conclusion

Nikon Corporation is a leading manufacturer of camera equipment that is committed to sustainability and environmental responsibility. The company has implemented a range of initiatives to reduce its carbon footprint and increase its use of renewable energy sources. Through the use of corporate PPAs, Nikon is supporting the growth of the renewable energy industry and helping to drive the transition to a low-carbon economy. With a strong commitment to innovation and quality, Nikon is well-positioned to continue leading the way in the camera equipment sector while also contributing to a more sustainable future.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment