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NIPPON KINZOKU is a leading steel producer based in Japan, with a history dating back to 1905. The company has a strong commitment to sustainability and decarbonisation, and has been making significant investments in renewable energy and other green technologies in recent years.

One of the key areas of focus for NIPPON KINZOKU is decarbonisation. The company recognizes the urgent need to reduce carbon emissions and transition to a low-carbon economy, and has set ambitious targets to achieve this. NIPPON KINZOKU aims to reduce its CO2 emissions by 30% by 2030, and to achieve carbon neutrality by 2050.

To achieve these goals, NIPPON KINZOKU is investing heavily in renewable energy and other green technologies. The company has already installed solar panels at several of its facilities, and is exploring the use of wind power and other renewable sources as well. In addition, NIPPON KINZOKU is working to improve the energy efficiency of its operations, through measures such as upgrading equipment and optimizing production processes.

Another important aspect of NIPPON KINZOKU’s sustainability strategy is corporate energy. The company recognizes that energy is a key input for its operations, and that managing energy use effectively is essential for reducing costs and minimizing environmental impact. To this end, NIPPON KINZOKU has implemented a range of measures to optimize its energy use, including the use of energy-efficient equipment and the adoption of best practices for energy management.

One of the most innovative aspects of NIPPON KINZOKU’s sustainability strategy is its use of corporate power purchase agreements (PPAs). A PPA is a contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time. PPAs are becoming increasingly popular among companies looking to reduce their carbon footprint and secure a reliable source of renewable energy.

NIPPON KINZOKU has signed several corporate PPAs in recent years, including agreements to purchase solar and wind power from renewable energy providers. These agreements not only help NIPPON KINZOKU to reduce its carbon footprint, but also provide a stable source of energy at a predictable cost, which helps to manage energy costs and reduce risk.

Overall, NIPPON KINZOKU is a company that is deeply committed to sustainability and decarbonisation. Through its investments in renewable energy, corporate energy, and corporate PPAs, the company is taking concrete steps to reduce its environmental impact and transition to a low-carbon economy. As the world continues to grapple with the challenges of climate change, NIPPON KINZOKU’s leadership in this area serves as a model for other companies to follow.

✓ Declared Net Zero commitment