Potential offtaker

Nippon Electric Glass Co., Ltd.

www.neg.co.jp

Estimated electricity consumption

N/A

Countries of production presence

N/A

Nippon Electric Glass Co Ltd (NEG) is a Japanese company that operates in the Display Components sector. The company was founded in 1949 and is headquartered in Tokyo, Japan. NEG is a leading manufacturer of glass products for various industries, including electronics, automotive, and construction. The company has a global presence with operations in Asia, Europe, and the Americas.

NEG is committed to sustainability and decarbonisation. The company has set a goal to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2013 baseline. To achieve this goal, NEG is implementing various measures, including energy efficiency improvements, renewable energy, and corporate power purchase agreements (PPAs).

One of the key initiatives that NEG has undertaken to reduce its carbon footprint is corporate energy management. The company has implemented an energy management system (EMS) to monitor and control its energy consumption. The EMS enables NEG to identify areas where energy can be saved and implement measures to reduce energy consumption. The company has also invested in energy-efficient equipment and technologies to reduce its energy consumption.

NEG is also investing in renewable energy to reduce its reliance on fossil fuels. The company has installed solar panels at its manufacturing facilities in Japan, China, and the United States. The solar panels generate clean energy, which is used to power the company's operations. In addition, NEG has invested in wind power projects in Japan and the United States. The wind power projects generate renewable energy, which is supplied to the grid.

To further support its renewable energy goals, NEG has also entered into corporate PPAs. A corporate PPA is a long-term contract between a company and a renewable energy provider. Under the PPA, the company agrees to purchase a certain amount of renewable energy from the provider at a fixed price over a specified period. By entering into a corporate PPA, NEG is able to secure a reliable and cost-effective source of renewable energy to power its operations.

NEG is also committed to reducing its environmental impact in other areas. The company has implemented a zero waste to landfill policy at its manufacturing facilities. The policy requires all waste generated at the facilities to be recycled or reused. In addition, the company has implemented a water conservation program to reduce its water consumption.

In conclusion, Nippon Electric Glass Co Ltd is a leading manufacturer of glass products for various industries. The company is committed to sustainability and decarbonisation and has set a goal to reduce its greenhouse gas emissions by 30% by 2030. To achieve this goal, NEG is implementing various measures, including energy efficiency improvements, renewable energy, and corporate PPAs. The company's commitment to sustainability and decarbonisation demonstrates its leadership in the industry and its dedication to creating a more sustainable future.

✓ Declared Net Zero commitment