Potential offtaker

Oji Holdings Corporation

www.ojiholdings.co.jp

Estimated electricity consumption

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Countries of production presence

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OJI Holdings Corp is a Japanese company that operates in the Paper Containers & Packaging sector. The company was founded in 1873 and has since grown to become one of the leading producers of paper products in the world. OJI Holdings Corp has a strong commitment to sustainability and is actively working towards decarbonisation through the implementation of renewable energy solutions.

One of the key areas of focus for OJI Holdings Corp is corporate energy. The company has set ambitious targets to reduce its carbon footprint and is actively working to achieve these goals. OJI Holdings Corp has implemented a number of initiatives to reduce its energy consumption, including the use of energy-efficient equipment and the implementation of energy management systems.

In addition to reducing its own energy consumption, OJI Holdings Corp is also actively working to promote the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power, and has also entered into corporate power purchase agreements (PPAs) to support the development of renewable energy sources.

Corporate PPAs are agreements between a company and a renewable energy developer, where the company agrees to purchase a certain amount of renewable energy from the developer over a set period of time. These agreements provide a stable revenue stream for the developer, which can help to finance the development of new renewable energy projects.

OJI Holdings Corp has entered into a number of corporate PPAs to support the development of renewable energy sources. For example, in 2019 the company entered into a PPA with a wind power developer to purchase 30,000 MWh of renewable energy per year. This agreement will help to support the development of new wind power projects and will also help to reduce OJI Holdings Corp's carbon footprint.

In addition to its work in the renewable energy sector, OJI Holdings Corp is also actively working to reduce its carbon footprint through the implementation of decarbonisation initiatives. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to 2013 levels.

To achieve this target, OJI Holdings Corp is implementing a number of initiatives, including the use of renewable energy, the implementation of energy-efficient equipment, and the adoption of low-carbon technologies. The company is also working to reduce its use of fossil fuels, and has set a target to increase the use of biomass fuels in its production processes.

Overall, OJI Holdings Corp is a company that is committed to sustainability and is actively working to reduce its carbon footprint. The company's focus on renewable energy and decarbonisation initiatives is helping to drive the transition to a low-carbon economy, and is setting an example for other companies to follow.

✓ Declared Net Zero commitment