Carbon Neutral Vision 2050
Declaration to Achieve Carbon Neutrality by 2050
The Kyuden Group aims to achieve carbon neutrality by the year 2050
Starting from Kyushu, the Kyuden Group will lead the way to Japan’s decarbonization
- We aim to become the corporate group that leads the decarbonization of Japan from Kyushu as the front-runner in carbon reduction / decarbonization efforts, seizing our response to global warming as an opportunity for corporate growth.
- We set two pillars for efforts on both the supply and demand sides of energy, continuing to challenge “carbon reduction / decarbonization in power sources” and “promotion of electrification”.
- Under the leadership of the “Sustainability Promotion Committee”, chaired by the president, we will promote ESG-related measures and initiatives for achieving carbon neutrality.


Kyuden Group’s Goals for 2050
The Kyuden Group aims to achieve carbon neutrality by the year 2050 and “Carbon Minus"*1 as early as possible before 2050 , by reducing GHG emissions in its supply chain and contributing to the reduction of emissions across society
- We will reduce greenhouse gas (GHG) emissions throughout our supply chain to net zero through our business activities.
- We will contribute to the reduction of GHG emissions in society by promoting the maximum possible electrification and ensuring the stable delivery of environmentally friendly energy.
- Through these efforts, the Kyuden Group will achieve “Carbon Minus”*1 as early as possible, before 2050.
*1 By promoting electrification and developing renewable energy, we aim to create a reduction effect that exceeds the GHG emissions of the Kyuden Group. This state called, “Carbon Minus”, we seek to offset supply chain emissions by reducing the overall GHG emissions of society through our business activities.


(Source) Created by Kyuden Group based on the “Calculation of Supply Chain Emissions” from the Ministry of the Environment
*2 Following the GHG Protocol, which is the international standard for calculating and reporting GHG emissions, emissions are calculated for three different scopes (categories) of emission types.
Roadmap to 2050

Topics
- To achieve carbon neutrality by the year 2050 and carbon minus as early as possible before then, we will also engage in medium- and long-term technological development aimed at future social implementation.
Kyuden Group’s vision of carbon neutrality


Carbon reduction / decarbonization in power sources (supply side)

Renewable energies + power storage
- Accelerate development and investment in renewable energy, including pumped storage and storage batteries, within Kyushu, across Japan, as well as internationally
- Expand sales volume of renewable energy + maximize value


Nuclear energy
- Maintain and enhance utilization rate
- Explore the development and deployment of next generation innovative reactors
- Examine potential for hydrogen production


Thermal power +
New technologies
- Further improve efficiency
- Hydrogen and ammonia co-firing, with dedicated firing in the future
- Strive for practical application of CCS/CCUS*
*CO2 capture, utilization and storage

Promotion of electrification (demand side)


Electrification in each sector
- Promote all-electric homes and electrification for air-conditioning, hot water supply and kitchen equipment at commercial facilities (residential and commercial sectors)
- Conduct research on technologies for converting heat sources and electrify heating needs at a wide range of temperatures (industrial sectors)
- Promote the widespread use of EVs (transport sector) by provision of businesses and services
- Research the business potential of hydrogen supply and others

Electrification[443KB]


Regional energy
- Contribute to the development of regional energy systems
- Enhance the added value of cities and local communities
- CO2 absorption through effective forest management
- Promote the use of ships powered by low- and zero-carbon fuels

Grid

- Operate the transmission and distribution network on a cross-regional basis
- Advance technologies for demand-supply management and grid stabilization
