Environmental GHG Emissions and Energy
GHG Emissions
CSIF and CSAM will give consideration to environmental impacts in accordance with the Tokyo Protocol and Paris Agreement and shall seek to minimize GHG emissions produced in their business.
They will also aim to help reduce emissions in society as a whole by expanding their business.
Policy and direction of initiatives
- (1) CSIF and CSAM will endeavor to reduce energy procured for power generation and energy used in the offices of CSAM and O&M companies and shall also focus on reducing GHG emissions by being more selective about energy suppliers, etc.
- (2) CSIF and CSAM will concentrate on expanding CSIF’s AUM based on the approach that the more electricity generated at the solar power plants owned by them, the more they can help reduce GHG emissions. The current AUM expansion target is 100 billion yen (acquisition price basis) but the aim is to continuously expand the size of assets to help reduce the GHG emissions of society as a whole.
Goal
Increased supply of renewable energy through external growth and greater contribution to reduction of GHG emissions
Over the past five years since listing, CSIF and CSAM helped reduce CO2 emissions by 359,637,483kg in total through the generation of electricity at the solar power plants they own. By continuing to increase CSIF’s asset size and generate more solar renewable energy, CSIF and CSAM will help further reduce CO2 emitted by society as a whole.
this table can scroll to sideway
| The number of power plants | Solar panel output （MW） | Volume of power generated （kWh） | Amount of CO2 reduction （kg-CO2） |
|
|---|---|---|---|---|
| Year ended June 30, 2018 | 15 | 75.3 | 57,471,288 | 30,322,149 |
| Year ended December 31, 2018 | 18 | 105.6 | 50,156,955 | 25,732,694 |
| Year ended June 30, 2019 | 20 | 108.9 | 61,581,643 | 33,178,668 |
| Year ended December 31, 2019 | 21 | 119.7 | 58,092,572 | 31,079,950 |
| Year ended June 30, 2020 | 21 | 119.7 | 65,575,444 | 35,172,986 |
| Year ended December 31, 2020 | 23 | 123 | 67,625,153 | 31,957,301 |
| Year ended Juee 30, 2021 | 25 | 183.9 | 95,178,803 | 40,791,271 |
| Year ended December 31, 2021 | 25 | 183.9 | 99,477,176 | 41,599,914 |
| Year ended June 30, 2022 | 25 | 183.9 | 112,443,183 | 46,967,688 |
| Year ended December 31, 2022 | 25 | 183.9 | 99,893,868 | 42,834,862 |
| Total | 767,496,085 | 359,637,483 | ||
Pursuit of renewable energy supply that meets society’s needs
Currently, the solar power generation facilities owned by CSIF operate under the feed-in tariff (FIT) scheme based on the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities. This FIT scheme started being phased out in March 2022 and the new feed-in-premium (FIP) scheme was introduced from April the same year.
The new scheme will allow renewable generators to sell electricity according to society’s needs, including directly selling to power consumers, which was not allowed under the FIT scheme. CSIF will also help reduce CO2 emitted by society as a whole and contribute to energy policy by meeting the future needs of society.
Achievement of clean, green business operations and carbon neutrality
CSIF and CSAM will aim to achieve carbon neutrality by changing their energy usage and energy suppliers, etc.