Potential offtaker

Komatsu Ltd.

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Estimated electricity consumption

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Countries of production presence

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Komatsu Ltd. is a Japanese multinational corporation that operates in the construction machinery sector. The company was founded in 1921 and has since grown to become one of the world's leading manufacturers of construction equipment, including excavators, bulldozers, wheel loaders, and dump trucks.

In recent years, Komatsu has been actively pursuing decarbonisation initiatives in order to reduce its carbon footprint and contribute to the fight against climate change. The company has set ambitious targets to reduce its greenhouse gas emissions, with a goal of achieving net-zero emissions by 2050.

One of the ways that Komatsu is working towards decarbonisation is through the implementation of corporate energy strategies. The company has been investing in renewable energy sources such as solar and wind power, and has also been exploring the use of hydrogen fuel cells as a cleaner alternative to traditional fossil fuels.

Komatsu has also been actively engaging in corporate power purchase agreements (PPAs) as a means of procuring renewable energy. PPAs allow companies to purchase electricity directly from renewable energy providers, often at a lower cost than traditional energy sources. By entering into these agreements, Komatsu is able to reduce its reliance on fossil fuels and support the growth of the renewable energy industry.

In addition to its decarbonisation efforts, Komatsu has also been working to improve the efficiency of its operations through the use of advanced technologies. The company has been developing and implementing new technologies such as autonomous vehicles and artificial intelligence to improve the safety and productivity of its equipment.

Komatsu's commitment to sustainability and decarbonisation has been recognised by various organisations and industry groups. The company has been included in the Dow Jones Sustainability Index for five consecutive years, and has also been recognised by the Carbon Disclosure Project for its efforts to reduce greenhouse gas emissions.

Overall, Komatsu Ltd. is a leading player in the construction machinery sector, with a strong commitment to sustainability and decarbonisation. Through its corporate energy strategies, PPAs, and investment in renewable energy sources, the company is working towards a more sustainable future and contributing to the fight against climate change.

✓ Science Based Targets member
✓ Declared Net Zero commitment