Potential offtaker

NORITZ CORP

www.noritz.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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Noritz Corp is a leading Japanese company that specializes in the production and distribution of water heating equipment. Founded in 1951, the company has been at the forefront of innovation in the sector, developing cutting-edge technologies that have helped to improve the efficiency and sustainability of water heating systems.

As the world continues to grapple with the challenges of climate change and the urgent need to reduce carbon emissions, Noritz Corp has made a commitment to decarbonisation and the transition to renewable energy sources. The company recognizes that the water heating sector is a significant contributor to greenhouse gas emissions and is taking steps to reduce its carbon footprint through the development of more efficient and sustainable products.

One of the key ways in which Noritz Corp is working towards decarbonisation is through the use of corporate energy strategies. The company has implemented a range of energy-saving measures across its operations, including the installation of solar panels and the use of energy-efficient lighting and heating systems. By reducing its energy consumption and increasing the use of renewable energy sources, Noritz Corp is helping to reduce its carbon footprint and contribute to the global effort to combat climate change.

Another important aspect of Noritz Corp's decarbonisation efforts is its use of corporate power purchase agreements (PPAs). PPAs allow companies to purchase renewable energy directly from producers, often at a lower cost than traditional energy sources. By investing in renewable energy through PPAs, Noritz Corp is not only reducing its carbon emissions but also supporting the growth of the renewable energy sector and helping to create a more sustainable energy system.

In addition to its efforts to reduce its own carbon footprint, Noritz Corp is also committed to helping its customers transition to more sustainable water heating solutions. The company offers a range of products that are designed to be more energy-efficient and environmentally friendly, including tankless water heaters, solar water heaters, and heat pump water heaters. These products not only help to reduce carbon emissions but also offer cost savings for customers through lower energy bills.

Overall, Noritz Corp is a company that is committed to sustainability and the transition to renewable energy sources. Through its use of corporate energy strategies, corporate PPAs, and the development of more sustainable products, the company is helping to reduce its carbon footprint and contribute to the global effort to combat climate change. As the world continues to face the challenges of a changing climate, companies like Noritz Corp will play a critical role in creating a more sustainable and resilient future.

✓ Declared Net Zero commitment