Potential offtaker

Nitto Denko Corporation

www.nitto.com

Estimated electricity consumption

N/A

Countries of production presence

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Nitto Denko Corp is a Japanese company that operates in the specialty chemicals sector. The company was established in 1918 and has since grown to become a global leader in the production of high-performance materials, including tapes, films, and other advanced materials. Nitto Denko Corp has a strong commitment to sustainability and is actively working to reduce its carbon footprint through various initiatives such as decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus area for Nitto Denko Corp. The company recognizes the urgent need to reduce greenhouse gas emissions and is committed to doing its part to mitigate climate change. Nitto Denko Corp has set ambitious targets to reduce its carbon footprint by 30% by 2030 and to achieve carbon neutrality by 2050. To achieve these targets, the company is implementing a range of measures such as improving energy efficiency, switching to renewable energy sources, and reducing waste.

Corporate energy is another area of focus for Nitto Denko Corp. The company recognizes the importance of energy management and is committed to reducing its energy consumption and improving energy efficiency. Nitto Denko Corp has implemented various measures to achieve this, such as upgrading its facilities with energy-efficient equipment, optimizing its production processes, and promoting energy-saving practices among its employees.

Corporate PPA (Power Purchase Agreement) is an innovative approach that Nitto Denko Corp is using to increase its use of renewable energy. A PPA is a long-term contract between a renewable energy provider and a company, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period. Nitto Denko Corp has entered into several PPA agreements with renewable energy providers, which has enabled the company to increase its use of renewable energy and reduce its carbon footprint.

Renewable energy is a key focus area for Nitto Denko Corp. The company recognizes the importance of transitioning to a low-carbon economy and is committed to increasing its use of renewable energy sources such as solar and wind power. Nitto Denko Corp has implemented various measures to achieve this, such as installing solar panels at its facilities, entering into PPA agreements with renewable energy providers, and investing in renewable energy projects.

In addition to its commitment to sustainability, Nitto Denko Corp is also focused on innovation and growth. The company invests heavily in research and development to develop new and innovative products that meet the evolving needs of its customers. Nitto Denko Corp has a strong track record of innovation, having developed a range of high-performance materials that are used in a variety of industries, including electronics, automotive, and medical.

Overall, Nitto Denko Corp is a company that is committed to sustainability, innovation, and growth. The company recognizes the urgent need to reduce greenhouse gas emissions and is taking proactive steps to mitigate climate change through various initiatives such as decarbonisation, corporate energy, corporate PPA, and renewable energy. Nitto Denko Corp is also focused on innovation and growth, investing heavily in research and development to develop new and innovative products that meet the evolving needs of its customers. With its strong commitment to sustainability and innovation, Nitto Denko Corp is well-positioned to succeed in the rapidly changing business landscape of the 21st century.

✓ Declared Net Zero commitment