Potential offtaker

Taiheiyo Cement Corporation

www.taiheiyo-cement.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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TAIHEIYO CEMENT CORP is one of the leading cement manufacturers in Japan and is known for its commitment to sustainability and decarbonisation. The company was established in 1881 and has since then grown to become a global player in the cement industry. TAIHEIYO CEMENT CORP operates in various countries including Japan, the United States, Canada, and China, and has a total production capacity of 56 million tons of cement per year.

The cement industry is known to be one of the most energy-intensive industries, and as a result, it is responsible for a significant amount of greenhouse gas emissions. TAIHEIYO CEMENT CORP recognizes the importance of reducing its carbon footprint and has taken various measures to achieve this goal. The company has set a target to reduce its CO2 emissions by 30% by 2030 compared to the levels in 1990. This target is in line with the Paris Agreement's goal of limiting global warming to below 2 degrees Celsius.

One of the ways TAIHEIYO CEMENT CORP is working towards decarbonisation is by investing in renewable energy. The company has installed solar panels at its plants in Japan, which has helped to reduce its reliance on fossil fuels. In addition, TAIHEIYO CEMENT CORP has also invested in wind power and has a wind farm in the United States, which generates renewable energy for the company's operations.

Another way TAIHEIYO CEMENT CORP is reducing its carbon footprint is by implementing corporate energy management systems. The company has established an energy-saving committee that is responsible for identifying areas where energy can be saved and implementing measures to achieve this. TAIHEIYO CEMENT CORP has also introduced energy-efficient technologies in its production processes, which has helped to reduce its energy consumption.

TAIHEIYO CEMENT CORP has also entered into corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow the company to purchase renewable energy directly from the source, which helps to reduce its carbon footprint. The company has entered into a PPA with a wind farm in Texas, which provides renewable energy to TAIHEIYO CEMENT CORP's operations in the United States.

In addition to its efforts towards decarbonisation, TAIHEIYO CEMENT CORP is also committed to sustainability in other areas. The company has established a sustainability committee that is responsible for identifying areas where the company can improve its sustainability performance. TAIHEIYO CEMENT CORP has also implemented a sustainability reporting system, which allows the company to track its sustainability performance and report it to stakeholders.

TAIHEIYO CEMENT CORP's commitment to sustainability has been recognized by various organizations. The company has been included in the Dow Jones Sustainability Indices (DJSI) for six consecutive years. The DJSI is a globally recognized sustainability index that evaluates companies based on their sustainability performance.

In conclusion, TAIHEIYO CEMENT CORP is a leading cement manufacturer in Japan that is committed to sustainability and decarbonisation. The company has set a target to reduce its CO2 emissions by 30% by 2030 compared to the levels in 1990 and has taken various measures to achieve this goal. TAIHEIYO CEMENT CORP has invested in renewable energy, implemented corporate energy management systems, and entered into corporate PPAs with renewable energy providers. The company's commitment to sustainability has been recognized by various organizations, and it is a leader in the cement industry in terms of sustainability performance.

✓ Declared Net Zero commitment