Press release -
NGK Joins the “RE100” Global Initiative ~ Aiming for 100% Of Electricity Consumption to Come from Renewable Energy Sources by 2040
NGK INSULATORS, LTD. (hereinafter "NGK") joined “RE100,” a global initiative that aims for 100% of electricity used in business operations to come from renewable energy sources.
The NGK Group identified carbon neutrality as one of the social issues to be addressed in its mid- to long-term vision “NGK Group Vision: Road to 2050” formulated in April 2021. In the “NGK Group Environmental Vision” formulated at the same time, the Group set the target of net zero CO2 emissions by 2050 and has been working on expanding its use of renewable energy as a strategy to achieve this target. We will take joining RE100 as an opportunity to accelerate our efforts to install photovoltaic power generation systems and procure renewable energy within the Group by making use of our NAS battery, a large-capacity storage battery, and ZNB, a zinc rechargeable battery, with the aim of switching over to 100% renewable energy for electricity used in our business operations by Fiscal 2040.
Upon NGK’s joining, Sam Kimmins, Director of Energy at Climate Group said: “We are delighted that NGK Insulators has joined RE100, the global initiative led by the Climate Group in partnership with CDP. By committing to 100% renewable electricity by 2040, NGK is taking leadership in climate action. It joins over 70 Japanese RE100 companies who collectively, send a powerful message that renewable electricity makes good business sense.”
RE100 (100% Renewable Electricity) is a global initiative made up of companies that aim to use renewable energy to power all of their operations. It is led by the Climate Group, an international environmental non-governmental organization (NGO), in partnership with CDP, an NGO that runs a global environmental information disclosure system, and has over 387 member companies worldwide including NGK and 75 in Japan. (As of October 27, 2022)
■ NGK Group Environmental Vision
■ Initiatives to switch to renewable energy for electricity consumption:
All Electricity Used at Overseas Bases to Switch to Renewable Energy Sources by Fiscal 2025
Related links
Topics
Categories
About NGK Insulators
NGK INSULATORS (NGK) is a leading company in the field of ceramics.
Since its foundation in 1919, NGK has used its unique ceramic technology to provide numerous ground-breaking products that solve social issues. Today, NGK is active in more than 20 countries worldwide, with business foci including mobility, energy, IoT and industry. As one of the largest manufacturers of ceramic substrates for automotive catalytic converters, NGK has built on this to also develop new products and businesses with ceramics that actively reducing the strain on our global environment.
Furthermore, NGK’s products include the energy storage system “NAS” batteries, in addition to the compact, thin, and high-energy-density lithium-ion rechargeable battery “EnerCera” line, vital tools for sustainable energy infrastructure.
NGK focuses on the two business fields “carbon neutrality” and” digital society” and is aiming to realize 80% of total company sales in these two fields whilst also achieving net-zero CO2 emissions by 2050. Through providing innovative, high-quality products, NGK is committed to contributing to our society. In order to create a future where people can coexist with nature, NGK will continue to develop and provide products that support social infrastructure while preserving the environment.
