Potential offtaker

Nippon Light Metal Holdings Co., Ltd.

www.nikkeikinholdings.com

Estimated electricity consumption

N/A

Countries of production presence

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NIPPON LIGHT MET is a leading Japanese company that operates in the aluminum sector. The company is committed to decarbonization and is actively pursuing various measures to reduce its carbon footprint. NIPPON LIGHT MET is also focused on corporate energy management and has implemented several initiatives to improve its energy efficiency and reduce its reliance on fossil fuels.

One of the key initiatives undertaken by NIPPON LIGHT MET is the adoption of renewable energy sources. The company has invested in various renewable energy projects, including solar and wind power, to reduce its carbon emissions and promote sustainable development. In addition, NIPPON LIGHT MET has implemented a corporate power purchase agreement (PPA) to procure renewable energy directly from the source.

The corporate PPA is a long-term contract between NIPPON LIGHT MET and a renewable energy provider, which allows the company to purchase renewable energy at a fixed price over a specified period. This arrangement provides NIPPON LIGHT MET with a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

NIPPON LIGHT MET has also implemented various energy-saving measures across its operations, including the installation of energy-efficient equipment and the optimization of production processes. The company has also implemented a comprehensive energy management system to monitor and control its energy consumption, which has resulted in significant energy savings and cost reductions.

In addition to its focus on renewable energy and energy efficiency, NIPPON LIGHT MET is also committed to decarbonization. The company has set ambitious targets to reduce its greenhouse gas emissions and is actively pursuing various measures to achieve these targets. This includes the adoption of low-carbon technologies, the use of alternative fuels, and the promotion of sustainable practices across its operations.

NIPPON LIGHT MET is also working closely with its suppliers and customers to promote sustainable practices across its value chain. The company is committed to responsible sourcing and is working to ensure that its suppliers adhere to strict environmental and social standards. In addition, NIPPON LIGHT MET is working with its customers to promote the use of sustainable products and services, including aluminum products that are manufactured using renewable energy sources.

Overall, NIPPON LIGHT MET is a leading Japanese company that is committed to decarbonization and the promotion of sustainable development. The company's focus on renewable energy, energy efficiency, and responsible practices across its operations and value chain is a testament to its commitment to sustainability. As the world continues to transition towards a low-carbon economy, NIPPON LIGHT MET is well-positioned to play a leading role in the aluminum sector and beyond.

✓ Declared Net Zero commitment