Potential offtaker

Meiji Holdings

www.meiji.com/global

Estimated electricity consumption

N/A

Countries of production presence

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Meiji Holdings is a Japanese company that operates in the Packaged Food sector, offering a wide range of products such as dairy products, confectionery, and health supplements. The company was founded in 1917 and has since then become one of the leading food companies in Japan, with a strong presence in the Asia-Pacific region.

In recent years, Meiji Holdings has been placing a strong emphasis on decarbonisation and corporate energy management, with a goal of reducing its carbon footprint and transitioning to renewable energy sources. The company has recognised that climate change is one of the biggest challenges facing the world today, and as a responsible corporate citizen, it has taken proactive steps to address this issue.

One of the key initiatives that Meiji Holdings has undertaken in this regard is the adoption of a Corporate Power Purchase Agreement (PPA) for renewable energy. A PPA is a long-term agreement between a company and a renewable energy supplier, where the company agrees to purchase a fixed amount of renewable energy over a specified period of time. By entering into a PPA, Meiji Holdings is able to secure a stable and predictable source of renewable energy, while also supporting the growth of the renewable energy sector.

Meiji Holdings has also invested in renewable energy projects, such as solar and wind power, to generate clean energy for its operations. The company has set a target of sourcing 50% of its electricity from renewable sources by 2030, and is well on its way to achieving this goal. In addition, Meiji Holdings has implemented energy-saving measures across its operations, such as the installation of LED lighting and the use of energy-efficient equipment.

Meiji Holdings has also been actively involved in promoting decarbonisation and renewable energy in the wider community. The company has participated in various initiatives and events related to sustainability and climate change, and has collaborated with other businesses and organisations to drive the transition to a low-carbon economy.

Overall, Meiji Holdings is a company that is committed to sustainability and responsible corporate citizenship. Through its focus on decarbonisation, corporate energy management, and renewable energy, the company is playing a leading role in addressing the urgent challenge of climate change. As a result, Meiji Holdings is not only contributing to a more sustainable future for itself, but also for the wider community and the planet as a whole.

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