Potential offtaker

Nippon Steel Corporation

www.nipponsteel.com

Estimated electricity consumption

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Countries of production presence

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Nippon Steel Corp is a Japanese company that operates in the steel producers sector. The company has a long history, dating back to 1901 when it was founded as Yawata Steel Works. Since then, Nippon Steel Corp has grown to become one of the largest steel producers in the world, with a focus on producing high-quality steel products for a variety of industries.

Decarbonisation is a key focus for Nippon Steel Corp, as the company recognizes the importance of reducing its carbon footprint and contributing to a more sustainable future. To achieve this goal, the company has implemented a number of initiatives aimed at reducing its greenhouse gas emissions and improving energy efficiency.

One of the ways that Nippon Steel Corp is working towards decarbonisation is through the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power, to help reduce its reliance on fossil fuels. In addition, Nippon Steel Corp is exploring the use of hydrogen as a potential alternative to traditional fossil fuels.

Corporate energy is another area of focus for Nippon Steel Corp. The company recognizes the importance of managing its energy use and reducing its energy costs, both for financial and environmental reasons. To achieve this, Nippon Steel Corp has implemented a number of energy management systems and processes, including the use of energy-efficient technologies and the optimization of its production processes.

Corporate power purchase agreements (PPAs) are also an important part of Nippon Steel Corp's energy strategy. The company has signed a number of PPAs with renewable energy providers, which allow it to purchase clean energy at a fixed price over a long-term period. This not only helps to reduce the company's carbon footprint but also provides a stable source of energy at a predictable cost.

In addition to its focus on decarbonisation and corporate energy, Nippon Steel Corp is also committed to sustainability in other areas of its business. The company has implemented a number of initiatives aimed at reducing waste and improving resource efficiency, including the use of recycled materials in its production processes.

Overall, Nippon Steel Corp is a company that is committed to sustainability and reducing its environmental impact. Through its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, the company is working towards a more sustainable future for itself and the world.

✓ Climate Action 100+ company
✓ Declared Net Zero commitment