Potential offtaker

Akitsu Steel Co.,Ltd.

Estimated electricity consumption

N/A

Countries of production presence

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AKISTEEL CO.LTD is a leading Japanese company that operates in the specialty metals sector. The company has a rich history of over 60 years, during which it has established itself as a reliable supplier of high-quality specialty metals. AKISTEEL CO.LTD is committed to sustainability and has taken several steps towards decarbonisation, including the adoption of renewable energy and corporate PPAs.

Specialty metals are a crucial component of many industries, including aerospace, automotive, and electronics. These metals are known for their unique properties, such as high strength, corrosion resistance, and thermal conductivity. AKISTEEL CO.LTD is a leading supplier of specialty metals, including titanium, nickel, and stainless steel. The company's products are used in a wide range of applications, from aircraft engines to medical implants.

AKISTEEL CO.LTD is committed to sustainability and has taken several steps towards decarbonisation. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2013 levels. To achieve this target, AKISTEEL CO.LTD has adopted several measures, including the adoption of renewable energy and the implementation of energy-efficient technologies.

One of the key initiatives taken by AKISTEEL CO.LTD towards decarbonisation is the adoption of renewable energy. The company has installed solar panels at its manufacturing facilities, which generate clean energy and reduce the company's reliance on fossil fuels. The solar panels have a total capacity of 1.3 MW, and they generate approximately 1,400 MWh of electricity per year. This is equivalent to the annual electricity consumption of around 400 households.

AKISTEEL CO.LTD has also entered into corporate PPAs (Power Purchase Agreements) with renewable energy providers. These agreements allow the company to purchase renewable energy directly from the source, at a fixed price. This helps the company to reduce its carbon footprint and also provides a stable source of energy for its operations. The company has signed a PPA with a wind power company, which will supply 10,000 MWh of electricity per year. This is equivalent to the annual electricity consumption of around 3,000 households.

In addition to renewable energy, AKISTEEL CO.LTD has implemented several energy-efficient technologies to reduce its energy consumption. The company has installed LED lighting at its manufacturing facilities, which consume less energy than traditional lighting. The company has also implemented a heat recovery system, which recovers waste heat from its manufacturing processes and uses it to generate steam. This reduces the company's reliance on fossil fuels and also reduces its greenhouse gas emissions.

AKISTEEL CO.LTD is committed to sustainability not only in its operations but also in its products. The company's specialty metals are known for their high strength and durability, which makes them ideal for use in lightweight structures. This helps to reduce the weight of products, such as aircraft and automobiles, which in turn reduces their fuel consumption and greenhouse gas emissions.

In conclusion, AKISTEEL CO.LTD is a leading Japanese company that operates in the specialty metals sector. The company is committed to sustainability and has taken several steps towards decarbonisation, including the adoption of renewable energy and corporate PPAs. AKISTEEL CO.LTD's products are known for their high quality and durability, which makes them ideal for use in lightweight structures. The company's commitment to sustainability and innovation makes it a leader in the specialty metals sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment