Potential offtaker

Nissin Foods Holdings

www.nissin.com/en_jp

Estimated electricity consumption

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Countries of production presence

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Nissin Foods Holdings is a Japanese company that specializes in the production and distribution of instant noodles. The company was founded in 1948 by Momofuku Ando, who invented the world's first instant noodle product, Chicken Ramen. Since then, Nissin Foods Holdings has become a global leader in the instant noodle industry, with a presence in over 80 countries around the world.

As a company that operates in the food sector, Nissin Foods Holdings is acutely aware of the impact that its operations have on the environment. In recent years, the company has taken steps to reduce its carbon footprint and promote decarbonisation. One of the ways in which Nissin Foods Holdings has done this is by investing in renewable energy.

In 2019, Nissin Foods Holdings announced that it had signed a corporate power purchase agreement (PPA) with a renewable energy company. Under the terms of the PPA, Nissin Foods Holdings agreed to purchase a portion of the electricity generated by a wind farm in Hokkaido, Japan. The wind farm is expected to generate approximately 25,000 megawatt-hours of electricity per year, which is equivalent to the amount of electricity consumed by around 7,000 households.

By purchasing renewable energy through a corporate PPA, Nissin Foods Holdings is able to reduce its carbon footprint and promote the development of renewable energy in Japan. The company has set a target of reducing its greenhouse gas emissions by 30% by 2030, and the use of renewable energy is a key part of its strategy to achieve this goal.

In addition to investing in renewable energy, Nissin Foods Holdings has also taken steps to reduce its energy consumption through corporate energy management. The company has implemented a range of energy-saving measures, such as the installation of energy-efficient lighting and the optimization of production processes to reduce energy consumption.

Nissin Foods Holdings has also implemented a program to promote energy conservation among its employees. The company has established an energy-saving committee, which is responsible for promoting energy-saving activities among employees and raising awareness of the importance of energy conservation.

Overall, Nissin Foods Holdings is committed to promoting sustainability and reducing its environmental impact. The company's investment in renewable energy and energy-saving measures are a testament to its commitment to decarbonisation and corporate responsibility. As the world continues to grapple with the challenges of climate change, companies like Nissin Foods Holdings will play an important role in promoting a more sustainable future.