Potential offtaker

NEC Corporation

www.nec.com

N/A
N/A
Which other companies from Japan are actively involved in decarbonization initiatives?
  • LECIP HOLDINGS CORPORATION
  • Mizuho Bank, Ltd.
  • Fujitsu
  • Sanyo Paper Co., Ltd.
  • SHINAGAWA REFRACTORIES CO., LTD.
  • Kirin Holdings
  • NEC Corporation is a Japanese multinational company that specializes in providing IT services and solutions to various industries. The company was founded in 1899 and has since grown to become one of the leading providers of technology solutions globally. NEC Corporation has a strong focus on sustainability and has made significant efforts towards decarbonization and the adoption of renewable energy sources.

    Decarbonization has become a global priority in recent years, with the aim of reducing greenhouse gas emissions to mitigate the effects of climate change. NEC Corporation has recognized the importance of decarbonization and has made a commitment to reduce its carbon footprint. The company has set a target to achieve carbon neutrality by 2050, which involves reducing its greenhouse gas emissions to zero.

    To achieve this target, NEC Corporation has implemented various measures, including the adoption of renewable energy sources and the use of energy-efficient technologies. The company has also implemented a corporate energy management system to monitor and manage its energy consumption. This system enables NEC Corporation to identify areas where energy consumption can be reduced and implement measures to achieve energy efficiency.

    Corporate power purchase agreements (PPAs) have become an increasingly popular way for companies to transition to renewable energy sources. A corporate PPA is an agreement between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy over a specified period. NEC Corporation has entered into several corporate PPAs to support its transition to renewable energy sources.

    In 2019, NEC Corporation signed a 20-year corporate PPA with a wind farm in Mexico. The agreement will see NEC Corporation purchase 308,000 MWh of renewable energy annually, which is equivalent to the energy consumption of approximately 30,000 households in Japan. The wind farm will supply NEC Corporation with renewable energy certificates, which will enable the company to offset its greenhouse gas emissions.

    NEC Corporation has also entered into a corporate PPA with a solar power plant in Japan. The agreement will see NEC Corporation purchase 10,000 MWh of renewable energy annually, which is equivalent to the energy consumption of approximately 1,000 households in Japan. The solar power plant will supply NEC Corporation with renewable energy certificates, which will enable the company to offset its greenhouse gas emissions.

    In addition to its corporate PPAs, NEC Corporation has also invested in renewable energy projects. The company has invested in a geothermal power plant in Indonesia, which has a capacity of 110 MW. The geothermal power plant is expected to reduce greenhouse gas emissions by approximately 400,000 tons annually.

    NEC Corporation's commitment to sustainability extends beyond its own operations. The company has developed various solutions to support the adoption of renewable energy sources and decarbonization in various industries. NEC Corporation has developed a renewable energy management system, which enables companies to monitor and manage their renewable energy consumption. The system enables companies to optimize their renewable energy usage and reduce their greenhouse gas emissions.

    NEC Corporation has also developed a carbon offset platform, which enables companies to offset their greenhouse gas emissions by investing in renewable energy projects. The platform enables companies to select the renewable energy project they wish to invest in and receive carbon credits in return. The carbon credits can be used to offset the company's greenhouse gas emissions.

    In conclusion, NEC Corporation is a Japanese multinational company that operates in the IT services sector. The company has made significant efforts towards decarbonization and the adoption of renewable energy sources. NEC Corporation has set a target to achieve carbon neutrality by 2050 and has implemented various measures to achieve this target, including the adoption of renewable energy sources and the use of energy-efficient technologies. The company has also entered into several corporate PPAs and invested in renewable energy projects to support its transition to renewable energy sources. NEC Corporation has developed various solutions to support the adoption of renewable energy sources and decarbonization in various industries, including a renewable energy management system and a carbon offset platform.

    ✓ Re100 member
    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment
    Sustainability in Computer programming, consultancy and related activities: Exploring Decarbonization Methods

    Which companies in the industry of Computer programming, consultancy and related activities have made significant pledges or efforts to address global warming?
  • Acturis Limited
  • Danoffice IT
  • Kainos Group plc
  • Informed Solutions Ltd
  • Planson International Corporation
  • Sify technologies