Sony Group Corporation is a Japanese multinational conglomerate corporation that operates in the consumer electronics sector. The company was founded in 1946 by Masaru Ibuka and Akio Morita, and it has since grown to become one of the largest and most influential electronics companies in the world. Sony is known for its innovative products and cutting-edge technology, and it has a strong commitment to sustainability and decarbonisation.
Decarbonisation is a crucial issue for Sony, and the company has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources. Sony's goal is to achieve net-zero greenhouse gas emissions by 2050, and it has developed a comprehensive strategy to achieve this goal. The company is focusing on three key areas: decarbonisation of its operations, decarbonisation of its products, and collaboration with stakeholders to promote decarbonisation across the industry.
Corporate energy is another important area of focus for Sony. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. Sony has implemented a range of energy-saving measures, such as improving the efficiency of its manufacturing processes and upgrading its facilities to use more energy-efficient equipment. In addition, the company has invested in renewable energy projects, such as solar and wind power, to reduce its reliance on fossil fuels.
Corporate power purchase agreements (PPAs) are an increasingly popular way for companies to purchase renewable energy. Sony has signed several corporate PPAs to support its renewable energy goals. In 2019, the company signed a PPA with a solar power plant in Texas, which will provide Sony with 100% renewable energy for its operations in the US. Sony has also signed PPAs with wind power projects in Europe and Asia, demonstrating its commitment to sourcing renewable energy from a variety of sources.
Renewable energy is a key part of Sony's sustainability strategy, and the company has set a target to source 100% renewable electricity for its operations by 2040. To achieve this goal, Sony is investing in a range of renewable energy projects, including solar, wind, and geothermal power. The company is also exploring new technologies, such as energy storage and smart grids, to help manage its energy consumption and reduce its carbon footprint.
In addition to its focus on decarbonisation and renewable energy, Sony is committed to promoting sustainability across its operations and supply chain. The company has set ambitious targets to reduce its environmental impact, such as reducing its water consumption and waste generation. Sony is also working to promote sustainable practices among its suppliers, encouraging them to adopt more sustainable manufacturing processes and reduce their environmental impact.
Overall, Sony Group Corporation is a leader in the consumer electronics sector, with a strong commitment to sustainability and decarbonisation. The company's focus on renewable energy, corporate energy, and corporate PPAs demonstrates its commitment to reducing its carbon footprint and promoting a more sustainable future. Through its innovative products and sustainable practices, Sony is setting an example for other companies to follow and helping to drive the transition to a low-carbon economy.