Potential offtaker

LIXIL Corporation

www.lixil-group.co.jp

Estimated electricity consumption

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Countries of production presence

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LIXIL Corp is a Japanese company that operates in the building products sector. The company is committed to sustainability and has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy.

LIXIL Corp was founded in 2011 and is headquartered in Tokyo, Japan. The company operates in three business segments: Water Technology, Housing Technology, and Building Technology. Its products include bathroom and kitchen fixtures, windows, doors, and building materials.

The company's commitment to sustainability is evident in its mission statement, which states that it aims to "improve the quality of people's lives by creating safe, comfortable, and sustainable living environments." LIXIL Corp's sustainability strategy focuses on reducing its carbon footprint, promoting renewable energy, and conserving natural resources.

Decarbonisation is a key area of focus for LIXIL Corp. The company has set a target to reduce its greenhouse gas emissions by 50% by 2030, compared to its 2013 baseline. To achieve this goal, LIXIL Corp has implemented a number of initiatives, including improving the energy efficiency of its manufacturing facilities, reducing waste, and promoting the use of renewable energy.

Corporate energy is another area of focus for LIXIL Corp. The company has implemented a number of measures to reduce its energy consumption, including the installation of energy-efficient lighting and HVAC systems in its facilities. LIXIL Corp has also implemented a corporate PPA (Power Purchase Agreement) to source renewable energy for its operations. The company has signed a 20-year agreement to purchase electricity from a wind farm in Japan, which will provide approximately 30% of its total electricity needs.

Renewable energy is a key component of LIXIL Corp's sustainability strategy. The company has set a target to source 50% of its electricity from renewable sources by 2030. To achieve this goal, LIXIL Corp has invested in renewable energy projects, including wind and solar power. The company has also implemented a number of initiatives to promote the use of renewable energy, including offering incentives for employees to install solar panels on their homes.

In addition to its sustainability initiatives, LIXIL Corp is committed to social responsibility. The company has implemented a number of programs to support local communities, including disaster relief efforts and education initiatives. LIXIL Corp has also established a foundation to support research and development in the areas of water and sanitation.

Overall, LIXIL Corp is a leader in sustainability and is committed to reducing its environmental impact while promoting social responsibility. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is a testament to its commitment to creating a sustainable future for all.

✓ Declared Net Zero commitment