Potential offtaker

Dai-ichi Life Holdings, Inc.

www.dai-ichi-life.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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DAI-ICHI LIFE HOLDINGS INC is a Japanese company that operates in the life insurance sector. The company was founded in 1902 and is headquartered in Tokyo, Japan. It is one of the largest life insurance companies in Japan and has a strong presence in Asia and the United States.

DAI-ICHI LIFE HOLDINGS INC is committed to decarbonisation and has set a target to reduce its carbon emissions by 30% by 2030. The company is also committed to promoting renewable energy and has invested in various renewable energy projects in Japan and overseas.

One of the ways DAI-ICHI LIFE HOLDINGS INC is promoting renewable energy is through corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy developer, where the company agrees to purchase a certain amount of renewable energy from the developer over a period of time. This helps the developer to secure financing for their project and provides the company with a stable and predictable source of renewable energy.

DAI-ICHI LIFE HOLDINGS INC has signed several corporate PPAs in Japan and overseas. In 2019, the company signed a PPA with a wind farm in Hokkaido, Japan, to purchase 20,000 MWh of renewable energy per year. The company has also signed a PPA with a solar project in Texas, United States, to purchase 20 MW of renewable energy per year.

In addition to corporate PPAs, DAI-ICHI LIFE HOLDINGS INC is also investing in renewable energy projects. In 2020, the company announced that it would invest in a 110 MW solar project in Texas, United States. The project is expected to generate enough renewable energy to power 22,000 homes and will help the company to achieve its decarbonisation target.

DAI-ICHI LIFE HOLDINGS INC is also committed to reducing its energy consumption and has implemented various energy-saving measures in its offices and facilities. The company has installed energy-efficient lighting and air conditioning systems, and has implemented a paperless office policy to reduce its carbon footprint.

In addition to its commitment to decarbonisation and renewable energy, DAI-ICHI LIFE HOLDINGS INC is also committed to corporate social responsibility (CSR). The company has a CSR committee that oversees its CSR activities, which include supporting local communities, promoting diversity and inclusion, and promoting employee health and wellness.

DAI-ICHI LIFE HOLDINGS INC is also committed to promoting financial literacy and has launched various financial education programs for its customers and the general public. The company believes that financial education is important for building a sustainable future and is committed to promoting it through its CSR activities.

In conclusion, DAI-ICHI LIFE HOLDINGS INC is a Japanese company that operates in the life insurance sector. The company is committed to decarbonisation and has set a target to reduce its carbon emissions by 30% by 2030. It is also committed to promoting renewable energy and has invested in various renewable energy projects in Japan and overseas. The company has signed several corporate PPAs and is implementing various energy-saving measures in its offices and facilities. DAI-ICHI LIFE HOLDINGS INC is also committed to CSR and financial education, and believes that these are important for building a sustainable future.

✓ Declared Net Zero commitment