Potential offtaker

Nankai Electric Railway Co., Ltd.

www.nankai.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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Nankai Electric Railway Co. is a Japanese company that operates in the transit services sector. The company has a long history, dating back to 1885 when it was established as Nankai Railway Co. Over the years, Nankai Electric Railway has grown to become a major player in the transportation industry, providing rail and bus services to millions of passengers every year.

One of the key priorities for Nankai Electric Railway is decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and is committed to playing its part in addressing the climate crisis. To this end, Nankai Electric Railway has implemented a number of measures to reduce its carbon footprint.

One of the ways in which Nankai Electric Railway is working towards decarbonisation is through the use of renewable energy. The company has installed solar panels at some of its stations and depots, which generate electricity that is used to power its operations. This has helped to reduce the company's reliance on fossil fuels and has contributed to a reduction in its carbon emissions.

In addition to generating its own renewable energy, Nankai Electric Railway is also exploring the use of corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy provider, whereby the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. By entering into a corporate PPA, Nankai Electric Railway can support the development of new renewable energy projects and further reduce its carbon footprint.

Another way in which Nankai Electric Railway is working towards decarbonisation is through the use of electric vehicles. The company has introduced electric buses to its fleet, which are powered by renewable energy. This has helped to reduce the company's reliance on fossil fuels and has contributed to a reduction in its carbon emissions.

Nankai Electric Railway is also committed to corporate energy efficiency. The company has implemented a number of measures to reduce its energy consumption, such as installing energy-efficient lighting and HVAC systems. These measures have not only helped to reduce the company's carbon footprint, but have also resulted in cost savings.

In addition to its commitment to decarbonisation, Nankai Electric Railway is also focused on providing safe, reliable, and efficient transportation services to its customers. The company operates a network of rail and bus services that connect major cities and towns in the Kansai region of Japan. Nankai Electric Railway's services are used by millions of passengers every year, and the company is committed to providing a high-quality experience for each and every one of them.

Overall, Nankai Electric Railway Co. is a company that is committed to decarbonisation and sustainability. Through the use of renewable energy, corporate PPAs, and electric vehicles, the company is working towards reducing its carbon footprint and contributing to a more sustainable future. In addition to its environmental efforts, Nankai Electric Railway is also focused on providing safe, reliable, and efficient transportation services to its customers. As such, the company is well-positioned to continue to grow and thrive in the years ahead.

✓ Declared Net Zero commitment