Potential offtaker

NICHICON CORP

www.nichicon.co.jp

Estimated electricity consumption

N/A

Countries of production presence

N/A

NICHICON CORP is a Japanese company that operates in the Electronic Connectors sector. The company was founded in 1950 and has since grown to become a leading manufacturer of capacitors, power supplies, and other electronic components. NICHICON CORP is committed to decarbonisation and has taken several steps to reduce its carbon footprint and promote the use of renewable energy.

One of the key ways in which NICHICON CORP is promoting decarbonisation is through its corporate energy strategy. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2013 levels. To achieve this target, NICHICON CORP is implementing a range of energy-saving measures, such as upgrading its production facilities and introducing more efficient equipment.

In addition to these measures, NICHICON CORP is also investing in renewable energy. The company has installed solar panels on the roofs of its factories and offices, which generate a significant amount of electricity. NICHICON CORP is also exploring the use of wind and geothermal energy, as well as other renewable sources.

To further promote the use of renewable energy, NICHICON CORP has also entered into several corporate power purchase agreements (PPAs). These agreements allow the company to purchase renewable energy directly from the source, rather than relying on the grid. By doing so, NICHICON CORP is able to reduce its carbon footprint and support the growth of renewable energy.

One of the key benefits of corporate PPAs is that they provide a stable, long-term source of renewable energy. This is important for companies like NICHICON CORP, which rely heavily on electricity to power their operations. By entering into a PPA, NICHICON CORP can ensure that it has a reliable source of renewable energy for years to come.

In addition to its focus on decarbonisation and renewable energy, NICHICON CORP is also committed to corporate social responsibility (CSR). The company has a strong ethical code of conduct and is committed to promoting sustainable business practices. NICHICON CORP is also actively involved in community outreach programs, supporting local charities and organizations.

Overall, NICHICON CORP is a leading player in the Electronic Connectors sector, with a strong commitment to decarbonisation and renewable energy. The company's focus on energy efficiency and renewable energy is not only good for the environment, but also helps to reduce costs and improve operational efficiency. With its strong CSR program and commitment to sustainable business practices, NICHICON CORP is a company that is well-positioned for long-term success.

✓ Declared Net Zero commitment