Japanese giant YKK Corporation’s 31 locations worldwide have switched over to 100% use of renewable energy, as part of its measures to reduce GHG emissions.
- The company has been installing solar power facilities at each of its locations as part of its efforts to increase the use of electricity derived from renewable energy, including the introduction of solar power facilities following the PPA or power purchase agreement model at its Min Hang and Lin Gang Plants of Shanghai.
- As of fiscal 2022, YKK has increased by 20 locations from FY2021, to reach 31 globally.
- The fastener company is making efforts to reduce GHG emissions both within the company and in its supply chain in accordance with the SBTi-certified 1.5°C target, aiming for a 50% reduction in Scopes 1 and 2, as well as a 30% reduction in Scope 3 by 2030 (from a 2018 baseline year).
Sustainability Vision 2050: Under the YKK Sustainability Vision 2050, a set of sustainability goals to achieve climate neutrality by 2050, YKK is working to achieve the 10 SDGs relating to the five themes of climate change, material resources, water resources, chemical management, and respect people.
- The status of efforts in FY2022 toward achieving the YKK Sustainability Vision 2050, including GHG emission reduction targets, will be disclosed in the YKK Integrated Report scheduled to be published in August 2023.
- In China, all manufacturing sites have achieved 100% renewable energy for purchased electricity.
- In addition, China’s Ministry of Industry and Information Technology recognises manufacturing companies that demonstrate excellence in environmentally friendly activity such as energy conservation through its ‘Green Factory’ certification system.
