Net Zero Carbon
Ichigo Joins RE100
In keeping with its Ichigo 2030 vision, Ichigo is growing its real estate and clean energy businesses to further contribute to a sustainable society. Its Clean Energy business makes productive use of idle land to produce renewable energy, and its Sustainable Real Estate business preserves and improves real estate, lengthening buildings’ useful lives beyond 100 years. In line with this mission, Ichigo has joined RE100, a global initiative to accelerate the transition of electricity used by businesses to 100% renewable energy to realize a Net Zero Carbon society.
Ichigo RE100 Target:
Sourcing 100% Renewable Electricity Across Its Operations by 2025
Ichigo is committed to sourcing 100% renewable energy across all Ichigo, Ichigo Office (8975), and Ichigo Hotel (3463) assets by 2025.
Net Zero Carbon Initiatives
Ichigo is a sustainable infrastructure company. Its Clean Energy business makes productive use of idle land to produce renewable energy, and its Sustainable Real Estate business preserves and improves real estate, lengthening buildings’ useful lives beyond 100 years.
Ichigo currently operates solar and wind power plants in communities across Japan, generating c. 150MW of renewable energy (with another 50MW of projects currently in the pipeline). Ichigo will continue to generate renewable energy at these plants while using renewable energy throughout its businesses in order to achieve its goal of net zero carbon by 2025.
In its Sustainable Real Estate business, Ichigo is working to end wasteful demolition in the Japanese real estate industry. While the average life of buildings in the US and Europe is c. 100 years, the prevailing model in Japan has been to tear buildings down within 30 years, generating significant waste and wasteful demand for raw materials and energy in the construction process. We will continue to sustainably repurpose and reuse real estate to minimize our environmental impacts and contribute to local communities.
Ichigo believes it is our social responsibility to pursue these initiatives in line with our mission to Make The World More Sustainable.
Message from Mike Peirce, Corporate Partnerships Director at the Climate Group
By joining RE100 and transitioning to 100% renewable electricity, Ichigo is leading on climate action. It's fantastic to see growing corporate demand for clean energy. Now we need the Government to play its part by setting a more ambitious renewable electricity target – this will increase supply and help many more companies to follow in Ichigo’s footsteps.
Press Release from the Climate Group
A press release was issued from the Climate Group announcing that RE100 reached the milestone of 50 Japanese businesses committed to 100% renewable power.
Ichigo President, Takuma Hasegawa’s Comment
We strongly support the RE100 initiative, and are delighted to join RE100 as it reaches its milestone of 50 Japanese Members. As a Japanese sustainable infrastructure company, Ichigo is producing renewable energy at its solar and wind power plants in communities across Japan while adding new value to real estate. We are working to minimize our environmental impact and contribute to achieving Japan’s Net Zero target.
RE100 is a global initiative bringing together the world’s most influential businesses committed to 100% renewable power. Led by the Climate Group in partnership with CDP, the group have a total revenue of over US$6.6 trillion and operate in a diverse range of sectors. Together, they send a powerful signal to policymakers and investors to accelerate the transition to a clean economy.