IHI Corp is a Japanese company that operates in the Diversified Industrials sector. The company was founded in 1853 and has since grown to become one of Japan's leading engineering and manufacturing firms. IHI Corp has a diverse range of businesses, including aerospace, energy, and infrastructure. The company's mission is to contribute to the sustainable development of society through its products and services.

One of the key areas of focus for IHI Corp is decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and is committed to developing technologies that can help achieve this goal. IHI Corp has set a target to reduce its own CO2 emissions by 30% by 2030, compared to 2013 levels. The company is also working with its customers to help them reduce their emissions through the development of low-carbon technologies.

One of the ways that IHI Corp is supporting decarbonisation is through its corporate energy business. The company provides a range of energy solutions, including renewable energy, energy storage, and energy management systems. IHI Corp has a strong track record in the renewable energy sector, having developed wind, solar, and geothermal power projects in Japan and overseas. The company is also involved in the development of hydrogen fuel cells, which have the potential to play a significant role in decarbonising the transport sector.

IHI Corp is also active in the corporate power purchase agreement (PPA) market. A corporate PPA is an agreement between a company and a renewable energy generator, whereby the company agrees to purchase a certain amount of renewable energy from the generator over a set period of time. This allows the company to secure a reliable source of renewable energy and reduce its carbon footprint. IHI Corp has signed several corporate PPAs in recent years, including agreements to purchase solar and wind power from projects in Japan and overseas.

In addition to its renewable energy and corporate PPA businesses, IHI Corp is also involved in the development of energy storage systems. Energy storage is becoming increasingly important as more renewable energy is integrated into the grid. Energy storage systems allow excess renewable energy to be stored and used when it is needed, helping to balance the grid and reduce the need for fossil fuel power plants. IHI Corp has developed a range of energy storage systems, including lithium-ion batteries and flow batteries.

Overall, IHI Corp is a company that is committed to supporting decarbonisation through its diverse range of businesses. The company's focus on renewable energy, corporate PPAs, and energy storage systems demonstrates its commitment to reducing greenhouse gas emissions and contributing to the sustainable development of society. With its strong track record in the renewable energy sector and its commitment to innovation, IHI Corp is well-positioned to play a leading role in the transition to a low-carbon economy.