Efforts to realize a decarbonized society
In August 2021, we announced our endorsement of the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD). In addition to deepening our examination of climate-related risks and opportunities, we will work to expand our business and improve the accuracy of our analysis, with the aim of realizing a decarbonized society.
In April 2021, we joined the Japan Climate Leaders’ Partnership, a corporate group that aims to realize a sustainable, decarbonized society.
As a company operating in the energy industry, we aim to achieve carbon neutrality as soon as possible by further strengthening our provision of technologies and services to help bring about a world in which renewable energy becomes the primary source of energy, and by providing support for the introduction of renewable energy and solutions to help realize sustainable environmental management.
From November 2021, companies seeking to decarbonize their businesses will be able to directly purchase FIT Non-Fossil Certificates, which were previously a type of renewable origin certificate that could only be purchased by electricity retailers. In response to the growing needs of the real estate industry and other industrires related to the greening of electricity, we are supporting decarbonization through a variety of measures including the sale of these FIT Non-Fossil Certificates with Tracking.
As efforts to reduce CO2 emissions on a company-by-company basis are becoming increasingly important for the early realization of a decarbonized society, green power certificates, which trade environmental values, are also attracting attention. In cooperation with Japan Natural Energy, the largest provider of green power certificates, we jointly developed Green Cart, an online platform that enables the immediate issue of certificates. Trading in environmental values allows stores and tenants without their own power contracts to meet the standards of environmental initiatives such as RE100.
In December 2019, we established the Japan Energy Fund, an overseas-focused decarbonized energy fund, with the aim of realizing a sustainable society by promoting decarbonized energy investments overseas. The fund invests in renewable energy projects in emerging countries and actively invests in energy venture companies with advanced technologies in Europe and the United States.
For households, our electricity and gas comparison website ENECHANGE offers a function that allows users to easily select power companies that generate electricity from renewable energy sources. For corporate customers, we are expanding our ENECHANGE Biz lineup by strengthening our partnerships with power companies that offer renewable energy.
In line with the spread of electric vehicles (EVs), we are providing the “ENECHANGE EV Charging”, with the aim of improving convenience for EV users and increasing the value of parking spaces through the installation of EV chargers.
Energy conservation activities in offices
WeWork Tokyo Square Garden, where our headquarters is located, uses electricity derived from renewable energy sources. We also consciously try to conserve energy by establishing practices such as automatically turning off lights in unused office spaces.