Kobe Steel Ltd is a Japanese company that operates in the Steel Producers sector. Founded in 1905, the company has grown to become a global leader in the production of steel and other metal products. Kobe Steel has a strong commitment to sustainability and has made significant efforts to reduce its carbon footprint through decarbonisation initiatives and the adoption of renewable energy sources.

Decarbonisation is a key priority for Kobe Steel, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2019, Kobe Steel announced its goal to reduce its carbon dioxide emissions by 30% by 2030, compared to 2013 levels. The company has also set a long-term target to achieve net-zero emissions by 2050. To achieve these goals, Kobe Steel is investing in a range of decarbonisation initiatives, including the development of low-carbon steelmaking technologies and the adoption of renewable energy sources.

Corporate energy is another area of focus for Kobe Steel. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources. In 2019, Kobe Steel announced that it had achieved its target of reducing energy consumption by 10% compared to 2013 levels. The company has also increased its use of renewable energy sources, including solar and wind power. In 2020, Kobe Steel signed a power purchase agreement (PPA) with a renewable energy provider to purchase electricity generated from wind power. The PPA will enable Kobe Steel to reduce its carbon footprint and support the growth of renewable energy in Japan.

Corporate PPAs are becoming an increasingly popular way for companies to source renewable energy. By entering into a PPA, companies can purchase electricity directly from renewable energy providers, often at a lower cost than traditional energy sources. PPAs also provide a stable, long-term source of renewable energy, which can help companies to meet their sustainability goals. Kobe Steel's PPA is a significant step towards achieving its renewable energy targets and reducing its carbon footprint.

Renewable energy is a key focus area for Kobe Steel, and the company is investing in a range of renewable energy sources, including solar, wind, and hydro power. In addition to its PPA with a wind energy provider, Kobe Steel has also installed solar panels at its facilities in Japan. The company is also exploring the use of hydrogen as a renewable energy source. In 2020, Kobe Steel announced that it had developed a technology to produce low-cost hydrogen from steelmaking waste gas. The technology has the potential to reduce carbon emissions and support the growth of hydrogen as a renewable energy source.

In addition to its sustainability initiatives, Kobe Steel has a strong commitment to corporate social responsibility. The company has implemented a range of initiatives to support its employees, customers, and communities. Kobe Steel's corporate social responsibility initiatives include employee training and development programs, community outreach programs, and support for disaster relief efforts.

Overall, Kobe Steel is a leading global steel producer with a strong commitment to sustainability and corporate social responsibility. The company's decarbonisation initiatives, focus on corporate energy, adoption of corporate PPAs, and investment in renewable energy sources are all significant steps towards achieving its sustainability goals. As the world continues to transition towards a low-carbon economy, Kobe Steel is well-positioned to lead the way in sustainable steel production.