Potential offtaker

Tokyu Fudosan Holdings Corporation

www.tokyu-fudosan-hd.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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Tokyu Fudosan Holdings Corporation is a Japanese real estate company that operates in the Multi Asset Class Own & Develop sector. The company was founded in 1947 and is headquartered in Tokyo, Japan. Tokyu Fudosan Holdings Corporation is a subsidiary of Tokyu Corporation, which is a major transportation and real estate conglomerate in Japan.

The company is committed to decarbonisation and has set a goal to achieve net-zero carbon emissions by 2050. Tokyu Fudosan Holdings Corporation is actively working to reduce its carbon footprint by implementing various measures such as energy-efficient buildings, renewable energy, and corporate power purchase agreements (PPAs).

Corporate energy is a key focus area for Tokyu Fudosan Holdings Corporation. The company is working to reduce its energy consumption by implementing energy-efficient technologies and practices. Tokyu Fudosan Holdings Corporation is also investing in renewable energy sources such as solar and wind power to reduce its reliance on fossil fuels.

One of the ways Tokyu Fudosan Holdings Corporation is achieving its renewable energy goals is through corporate PPAs. Corporate PPAs are agreements between a company and a renewable energy provider to purchase a certain amount of renewable energy at a fixed price over a specified period. These agreements help to support the development of renewable energy projects and reduce the carbon footprint of the company.

In 2020, Tokyu Fudosan Holdings Corporation signed a corporate PPA with a renewable energy provider to purchase 50% of the electricity generated by a wind farm in Hokkaido, Japan. The wind farm has a capacity of 22.5 MW and is expected to generate approximately 60 GWh of electricity annually. The corporate PPA will help to reduce the company's carbon footprint by approximately 20,000 tons of CO2 per year.

In addition to corporate PPAs, Tokyu Fudosan Holdings Corporation is also investing in renewable energy projects. The company has installed solar panels on the roofs of its buildings to generate renewable energy. Tokyu Fudosan Holdings Corporation is also exploring the use of geothermal energy to heat and cool its buildings.

Tokyu Fudosan Holdings Corporation is also committed to decarbonising its buildings. The company is implementing energy-efficient technologies and practices in its buildings to reduce energy consumption and carbon emissions. Tokyu Fudosan Holdings Corporation is also retrofitting its existing buildings to make them more energy-efficient.

The company is also investing in the development of green buildings. Green buildings are designed to be energy-efficient, environmentally friendly, and sustainable. These buildings use renewable energy sources, such as solar and wind power, to reduce their carbon footprint. Tokyu Fudosan Holdings Corporation is developing green buildings that meet the highest standards of energy efficiency and sustainability.

In conclusion, Tokyu Fudosan Holdings Corporation is a Japanese real estate company that operates in the Multi Asset Class Own & Develop sector. The company is committed to decarbonisation and is actively working to reduce its carbon footprint through various measures such as energy-efficient buildings, renewable energy, and corporate PPAs. Tokyu Fudosan Holdings Corporation is investing in renewable energy sources such as solar and wind power to reduce its reliance on fossil fuels. The company is also retrofitting its existing buildings to make them more energy-efficient and developing green buildings that meet the highest standards of energy efficiency and sustainability.

✓ Science Based Targets member
✓ Declared Net Zero commitment