Climate Change

Japan's leading companies in climate change measures 2

April 13, 2018
Japanese

  • (Photo 1) Japan's leading companies in climate change measures 2
  • (Photo 2) Japan's leading companies in climate change measures 2
  • (Photo 3) Japan's leading companies in climate change measures 2

The importance of enterprise power in climate change measures

Implementation of the Paris Agreement requires drastic reduction of greenhouse gases (GHGs) produced by social and economic activities and adaptation to the impact resulted in climate change. In order to achieve"2℃ target" in the Paris Agreement, pursuing reduction of GHGs globally through innovative activities is critical. At the same time, tackling climate change by promoting investment and enhancing cooperation to ensure climate finance is also important. The involvement of various non-state stakeholders such as private sector, local government, and civil society are essential as stated in the Paris Agreement and the COP decisions.

The global trend aspiration for low-carbon society is irreversible and Japanese companies contribute to tackling climate change and realizing sustainable society through their own goods and services. Ministry of Foreign Affairs (MOFA) is already introducing a small part of measures taken by Japanese companies, this page introduces some companies, focusing on especially renewable energy and electronic cars. The role of private sector is mentioned in various for a and at One Planet Summit (which was held in France, December 2017) it was pointed out that although public finance will continue to perform an important role in the future, in order to support the development of a sustainable society resilient to climate change, it is very important to mobilize private funding. As Minister Kono, who participated as a panelist, expressed Japan's determination to lead the world in increasing the scale of climate finance through its advanced technology and innovation, the Japanese government further cooperates with private sectors in steadily implementing the Paris Agreement.

Japanese companies' domestic & global leading-edge initiatives

Companies actively engaging in promoting renewable energies

Suzuhiro

[150-year company actively engaging in promoting renewable energy and energy conservation]

Suzuhiro Kamaboko Corporation actively promotes utilization of renewable energy and energy conservation.
Their head office was built in 2015 in order to achieve zero energy and switched electronic power of five group companies to new electricity utilizing local renewable energy. It is actively utilizing not only solar power but also other renewable energy which is suitable for the land such as well water.

Offshore Wind

MHI VESTAS
OFFSHORE WIND (MVOW)

[Company actively engaging in manufacturing offshore wind]

MHI Vestas Offshore Wind (MVOW) is a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems A/S. The company's focus is to design, manufacture, install and service turbines for the offshore wind industry. It manufactures the most powerful wind turbine commercially available, the V164-9.5 MW, and has a track record of nearly 1,000 installed offshore wind turbines.

Photovoltaic Generation

Marubeni

[General trading company engaging in development and supply of renewable energy]

Marubeni aims to strengthen development of renewable energy and aims to supply sustainable energy. In 2017, in UAE, Marubeni participated in building the world biggest mega solar plant. In addition, Marubeni is the first Japanese company which participated in development of offshore wind plants in Europe in 2011. In Japan, Marubeni actively engages in development of renewable energy like wind, solar and biomass. For example, it developed small hydroelectric power plants through its wholly-owned subsidiary, Mibugawa Power company.

JGC Corporation

[Engineering company actively engaging in renewable energy projects]

JGC Corporation is involved with many projects in Japan and abroad for the construction of renewable energy power generation plants, and is actively contributing to the spread of renewable energy.
In March 2018, JGC was awarded a contract from a Vietnamese power company to construct a mega-solar power generation plant in Vietnam. Building on this achievement, JGC will take proactive steps to win even more contracts for the construction of solar power plants, with a focus on Southeast Asia.

Housing and building contributing to realization of a sustainable society

Nomura Real Estate Development

[General building enterprise contributing to realization of a sustainable society]

Nomura Real Estate Development Group is promoting environmental initiatives. In 2009, it established its Environmental Philosophy and the Residential Development Business Unit developed PROUD Environmental Assessment Sheets. Furthermore, cooperating with Funabashi City in Chiba prefecture, it developed "Funabashi Morino City", which has earned a good reputation for its participatory community-building approach in which residents form bonds with another and work together to improve the community in terms of Smart & Share Town Concept. In 2017, Funabashi Morino City became the first project outside France to win the ÉcoQuartier (eco-district certification) quality label, a certification awarded by the Ministry of Housing and Sustainable Homes of France ("the French Ministry of Housing").

Leading the Market of Electric Vehicles

NISSAN MOTOR CORPORATION

[Automobile company engaging in development of100% EV]

Nissan is challenging to develop Carbon Neutral society. Align with a long-term vision to reduce CO2 emissions from new cars 90% versus 2000 by the year 2050, we are actively engaged in climate change mitigation through electrification, vehicle intelligence, and innovative future Monozukuri.