Toda Corporation is a leading Japanese company in the building construction sector, with a strong focus on decarbonisation and renewable energy. Founded in 1907, the company has a long history of innovation and sustainability, and has been at the forefront of Japan's transition to a low-carbon economy.
Toda Corporation's mission is to create sustainable and energy-efficient buildings that meet the needs of its clients, while also contributing to the global effort to reduce greenhouse gas emissions. The company's core values are integrity, innovation, and sustainability, and it is committed to delivering high-quality services that meet the highest standards of safety and environmental responsibility.
One of the key areas of focus for Toda Corporation is decarbonisation. The company recognises the urgent need to reduce carbon emissions and transition to a low-carbon economy, and has made significant investments in renewable energy and energy efficiency technologies. Toda Corporation is committed to reducing its own carbon footprint, as well as helping its clients to achieve their sustainability goals.
One way in which Toda Corporation is promoting decarbonisation is through the use of corporate power purchase agreements (PPAs). A corporate 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. By entering into a corporate PPA, companies like Toda Corporation can support the development of new renewable energy projects and reduce their reliance on fossil fuels.
Toda Corporation has been a pioneer in the use of corporate PPAs in Japan, and has signed several agreements with renewable energy providers in recent years. In 2019, the company signed a 20-year PPA with a wind farm in Hokkaido, which will provide renewable energy to power its office buildings and construction sites. This project is expected to reduce Toda Corporation's carbon emissions by around 1,000 tonnes per year.
In addition to corporate PPAs, Toda Corporation is also investing in other renewable energy technologies, such as solar power and energy storage. The company has installed solar panels on many of its buildings and construction sites, and is exploring the use of energy storage systems to maximise the use of renewable energy.
Another area of focus for Toda Corporation is corporate energy management. The company recognises the importance of reducing energy consumption and improving energy efficiency, both to reduce carbon emissions and to lower operating costs. Toda Corporation has implemented a range of energy-saving measures in its buildings and construction sites, such as LED lighting, energy-efficient HVAC systems, and smart building management systems. The company also provides energy management services to its clients, helping them to reduce their energy consumption and costs.
Toda Corporation is committed to sustainability across all aspects of its business, and has set ambitious targets for reducing its environmental impact. The company's sustainability goals include reducing its carbon emissions by 30% by 2030, and achieving net-zero emissions by 2050. To achieve these targets, Toda Corporation is investing in renewable energy, energy efficiency, and other sustainability initiatives, and is working closely with its clients and partners to promote sustainable practices throughout the building construction sector.
In conclusion, Toda Corporation is a leading Japanese company in the building construction sector, with a strong focus on decarbonisation, renewable energy, and corporate energy management. The company is committed to reducing its own carbon footprint, as well as helping its clients to achieve their sustainability goals. Through the use of corporate PPAs, renewable energy technologies, and energy-saving measures, Toda Corporation is leading the way in Japan's transition to a low-carbon economy.