Environmental Initiatives

CO2 emissions reduction targets and initiatives

We have set the following three CO2 emissions reduction targets to achieve by 2030.

Target① Demand Response (for residential customers) 5,000kW*

In response to the growing instability of electricity supply and demand caused by the widespread adoption of solar power, we will promote supply-demand adjustments that combine gas and electricity. This initiative will be achieved through smart remote control, which is scheduled to be released from FYE 03/27, utilizing solution equipment such as hybrid water heaters.

Target② CO2 emissions per household Approx. -50% (compared to FYE 03/20)

We will reduce CO2 emissions per household when using LP Gas and Electricity provided by NICIGAS, implementing measures in the supply chain, such as optimized energy use in each household and non-fossil electric power sources, including reduction of CO2 emissions through high-efficient LP gas operations.
We have concluded sustainability linked loan agreements with several financial institutions. These loans’ borrowing conditions, such as interest rates, vary depending on the achievement of pre-set ESG targets, and we have set “CO2 emissions per household” as a target.

Target③ Avoided emission Approx. 600 thousand t-CO2 (total over 5 years)*

We will reduce CO2 emissions through transition to non-fossil electric power sources, the widespread adoption of high-efficiency water heaters, AI-driven LPG Network Service, and fuel conversion from heavy oil and kerosene to gas.