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April 25, 2024
Kyushu Electric Power Co., Inc.

Kyushu Electric Power Company is the first Japanese electricity utility to be selected as an A List company in CDP's Climate Change Report

 Kyushu Electric Power Company is the first Japanese electricity utility to be selected by CDP, an international environmental non-profit organization, for the CDP2023 Climate Change A List, the highest ranking in the climate change category given to companies that excel in transparency and performance in the area of climate change.

DISCLOSURE INSIGHT ACTION A LIST 2023 CLIMATE

 CDP is a non-profit organization whose primary mission is to encourage corporations and local authorities to disclose information and take action on environmental issues at the request of institutional investors and other organizations worldwide that are highly concerned about environmental issues. Every year, CDP collects, analyses and evaluates information on the environmental activities of the world's major companies and selects those companies with the best climate change-related initiatives and information disclosure for the Climate Change A-List. This year, some 21,000 companies were assessed and 362 companies worldwide, including 112 in Japan, were selected for the A-list.

 As a responsible energy company, the Kyuden Group has set the challenging goal of achieving net zero greenhouse gas (GHG) emissions across the entire value chain by 2050, but also goes a step further by aiming for "carbon negativity" as early as possible before 2050. This target goes beyond neutrality as it contributes to the reduction of emissions throughout society. In addition, our GHG emission reduction targets, based on the reduction level of the 2030 management target (environmental target), have been certified by the SBT initiative (published on 23 Mar 2023). We believe that our A list selection is the result of our commitment to these ambitious goals as well as the transparency of our information disclosure.

 The Kyuden Group will continue to drive Japan's decarbonization as the industry's front runner in climate change mitigation efforts, and will take the global trend towards decarbonization as business opportunities for innovation and further corporate growth.