Potential offtaker

TOTO Ltd.

www.toto.co.jp

Estimated electricity consumption

N/A

Countries of production presence

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TOTO LTD is a Japanese company that specializes in the production of plumbing fixtures. The company was founded in 1917 and has since become a leading player in the industry. TOTO LTD is headquartered in Kitakyushu, Japan, and has operations in over 40 countries worldwide.

The company's product line includes toilets, washbasins, bathtubs, and other bathroom fixtures. TOTO LTD is known for its innovative and high-quality products, which are designed to provide customers with maximum comfort and functionality.

In recent years, TOTO LTD has been focusing on decarbonisation and renewable energy. The company is committed to reducing its carbon footprint and has set a target to achieve net-zero emissions by 2050. To achieve this goal, TOTO LTD has implemented various measures to reduce its energy consumption and increase its use of renewable energy sources.

One of the ways TOTO LTD is reducing its carbon footprint is through the use of corporate PPAs (power purchase agreements). Corporate PPAs allow companies to purchase renewable energy directly from a generator, rather than through the traditional grid. This approach enables companies to reduce their carbon footprint and support the development of renewable energy projects.

TOTO LTD has signed several corporate PPAs with renewable energy providers in Japan. These agreements have enabled the company to increase its use of renewable energy and reduce its reliance on fossil fuels. By 2021, TOTO LTD aims to source 30% of its electricity from renewable sources.

In addition to corporate PPAs, TOTO LTD has also invested in its own renewable energy projects. The company has installed solar panels on the roofs of its factories and offices in Japan, which generate electricity for its operations. TOTO LTD has also invested in wind power projects in Japan, which provide renewable energy to the grid.

TOTO LTD's commitment to decarbonisation and renewable energy is part of its broader corporate energy strategy. The company is focused on reducing its energy consumption and increasing its use of renewable energy sources to achieve its net-zero emissions target.

To achieve this goal, TOTO LTD has implemented various energy-saving measures in its operations. The company has installed energy-efficient lighting and HVAC systems in its factories and offices, which have reduced its energy consumption. TOTO LTD has also implemented a waste heat recovery system, which captures waste heat from its production processes and uses it to generate electricity.

TOTO LTD's commitment to decarbonisation and renewable energy is not only good for the environment but also for its business. The company's focus on sustainability has helped it to attract environmentally conscious customers and investors. TOTO LTD's innovative and high-quality products, combined with its commitment to sustainability, have helped it to maintain its position as a leading player in the plumbing fixtures industry.

In conclusion, TOTO LTD is a Japanese company that operates in the plumbing fixtures sector. The company is committed to decarbonisation and renewable energy and has set a target to achieve net-zero emissions by 2050. TOTO LTD has implemented various measures to reduce its energy consumption and increase its use of renewable energy sources, including corporate PPAs and investments in renewable energy projects. The company's focus on sustainability has helped it to attract environmentally conscious customers and investors and maintain its position as a leading player in the industry.

✓ Declared Net Zero commitment