Potential offtaker

Yokogawa Electric Corporation

www.yokogawa.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Yokogawa Electric Corp is a Japanese company that operates in the Factory Automation Equipment sector. The company was founded in 1915 and has since then become a leading provider of industrial automation and control solutions. Yokogawa's mission is to contribute to society through the creation of new value by providing solutions that help customers improve their operations and achieve sustainable growth. The company has a strong focus on decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus area for Yokogawa. The company is committed to reducing its carbon footprint and helping its customers do the same. Yokogawa has set a target of reducing its greenhouse gas emissions by 30% by 2030, compared to its 2019 levels. To achieve this target, the company is implementing various measures such as energy-saving initiatives, the use of renewable energy, and the promotion of eco-friendly products and services.

Corporate energy is another important area for Yokogawa. The company is actively working to improve its energy efficiency and reduce its energy consumption. Yokogawa has implemented various energy-saving measures in its offices and factories, such as the use of LED lighting, the installation of energy-efficient air conditioning systems, and the optimization of production processes. The company is also promoting the use of energy-efficient products and solutions to its customers.

Corporate PPA (Power Purchase Agreement) is a relatively new concept that is gaining popularity in the renewable energy sector. Yokogawa is actively involved in promoting corporate PPAs to its customers. A corporate PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy from the provider for a fixed period of time. This helps the company to reduce its carbon footprint and achieve its sustainability goals, while also providing a stable source of renewable energy.

Renewable energy is a key focus area for Yokogawa. The company is committed to promoting the use of renewable energy and helping its customers transition to a low-carbon economy. Yokogawa offers a range of solutions that enable the integration of renewable energy into the power grid, such as energy management systems, smart grid solutions, and renewable energy monitoring systems. The company is also involved in the development of renewable energy technologies, such as wind and solar power.

Yokogawa has a strong commitment to sustainability and environmental responsibility. The company's sustainability strategy is based on three pillars: environmental sustainability, social sustainability, and economic sustainability. Yokogawa is committed to reducing its environmental impact, promoting social responsibility, and ensuring long-term economic growth.

In terms of environmental sustainability, Yokogawa has set a number of targets to reduce its environmental impact. The company is committed to reducing its greenhouse gas emissions, water consumption, and waste generation. Yokogawa has implemented various measures to achieve these targets, such as the use of renewable energy, the promotion of energy-efficient products and solutions, and the optimization of production processes.

Social sustainability is another important area for Yokogawa. The company is committed to promoting social responsibility and contributing to the well-being of society. Yokogawa is involved in various social initiatives, such as community development programs, disaster relief efforts, and education and training programs.

Economic sustainability is also a key focus area for Yokogawa. The company is committed to ensuring long-term economic growth and creating value for its stakeholders. Yokogawa is focused on innovation and the development of new products and solutions that meet the evolving needs of its customers. The company is also committed to maintaining a strong financial position and ensuring the sustainability of its business.

In conclusion, Yokogawa Electric Corp is a Japanese company that operates in the Factory Automation Equipment sector. The company has a strong focus on decarbonisation, corporate energy, corporate PPA, and renewable energy. Yokogawa is committed to reducing its environmental impact, promoting social responsibility, and ensuring long-term economic growth. The company is a leader in the industrial automation and control solutions sector, and is well-positioned to help its customers transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment