Potential offtaker

KANEKA CORP

www.kaneka.co.jp

Estimated electricity consumption

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Countries of production presence

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KANEKA CORP is a Japanese company that operates in the Organic Resins, Fibers & Rubber sector. The company has a long history of innovation and has been at the forefront of developing new materials and technologies that are used in a wide range of industries. KANEKA CORP is committed to sustainability and is actively working towards decarbonisation through the use of renewable energy and other initiatives.

KANEKA CORP was founded in 1949 as a manufacturer of plastic products. Over the years, the company has expanded its operations to include a wide range of materials and technologies. Today, KANEKA CORP is a global leader in the development and production of organic resins, fibers, and rubber products.

The company's products are used in a variety of applications, including automotive, construction, electronics, and healthcare. KANEKA CORP is known for its innovative approach to product development, and the company has a strong focus on research and development.

In recent years, KANEKA CORP has become increasingly focused on sustainability and decarbonisation. The company has set ambitious targets to reduce its greenhouse gas emissions and is actively working to increase the use of renewable energy in its operations.

One of the key initiatives that KANEKA CORP has undertaken to reduce its carbon footprint is the implementation of a Corporate Energy Plan. This plan outlines the company's strategy for reducing its energy consumption and increasing the use of renewable energy sources.

As part of this plan, KANEKA CORP has implemented a Corporate Power Purchase Agreement (PPA) for renewable energy. This agreement allows the company to purchase renewable energy directly from a renewable energy provider, rather than relying on traditional energy sources.

The Corporate PPA has been a key driver of KANEKA CORP's efforts to increase its use of renewable energy. The company has set a target to increase its use of renewable energy to 30% by 2030, and the Corporate PPA is a critical component of this strategy.

In addition to the Corporate PPA, KANEKA CORP has also implemented a number of other initiatives to reduce its carbon footprint. The company has invested in energy-efficient technologies and has implemented a range of measures to reduce energy consumption in its operations.

KANEKA CORP is also actively working to reduce the environmental impact of its products. The company has developed a range of eco-friendly materials and is working to increase the use of recycled materials in its products.

Overall, KANEKA CORP is a company that is committed to sustainability and decarbonisation. The company's focus on renewable energy and other sustainability initiatives is a key driver of its long-term success, and KANEKA CORP is well-positioned to continue to be a leader in the Organic Resins, Fibers & Rubber sector for many years to come.

✓ Declared Net Zero commitment