Climate Change Data

Kyushu Electric Power Co., Inc.

Climate Impact & Sustainability Data (2019, 2022)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:2,570,000 tons CO2e/year (FY2019)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:58% (FY2019, including FIT electricity)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Carbon Neutrality
  • Renewable Energy
  • Electrification
  • Grid Modernization
  • Community Engagement

Environmental Achievements

  • Reduced carbon emissions by 26.4 million tons (approximately 50%) compared to FY2013 levels

Social Achievements

  • Not disclosed

Governance Achievements

  • Established a Sustainability Promotion Committee chaired by the president to promote ESG-related measures and initiatives for becoming carbon neutral

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050
Medium-term Goals:
  • Target renewable energy development (in and outside Japan): 5,000 MW by 2030
  • Phase out inefficient coal-fired power by 2030
Short-term Goals:
  • Target renewable energy development (in and outside Japan): 4,000 MW by 2025

Environmental Challenges

  • Phasing out inefficient coal-fired power by 2030
  • Balancing renewable energy integration with grid stability
  • Developing and implementing new technologies for carbon capture, utilization, and storage (CCUS)
Mitigation Strategies
  • Investing approximately ¥800 billion (FY2016-2020) and approximately ¥500 billion (FY2021-2025) in renewable energy development, grid upgrades, and new technologies
  • Researching next-generation nuclear reactors (SMR, HTGR), hydrogen production, and ammonia co-firing
  • Developing control technology for integrated distributed energy resources and implementing an aggregation business

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Renewable Energy
  • Biodiversity
  • Circular Economy
  • Electrification
  • Supply Chain Sustainability
  • Natural Capital

Environmental Achievements

  • Developed approximately 2,610 MW of renewable energy (as of end of FY2022).
  • Reduced CO2 emissions by approximately 1.95 million tons in FY2022.
  • Absorbed approximately 41,000 tons of CO2 in FY2022 through company-owned forests.
  • Achieved a 98% or higher recycling rate (excluding coal ash) in FY2023.
  • 97% green procurement rate of office supplies in FY2023.
  • First electric power company in Japan to carry out information disclosure based on TNFD beta v.0.4 in September 2023.

Social Achievements

  • Established Circular Park Kyushu Co., Ltd. to promote resource recycling.
  • Offered Kyuden Smart Lease service for leasing electric water heaters, storage batteries, etc.
  • Expanded EV charging services with PRiEV.
  • Jointly developed large-capacity charge-discharge equipment for EVs.
  • Response rate to questionnaire survey on sustainability improvement initiatives for major business partners: 90% or higher (FY2023).
  • Percentage of people who answered in the questionnaire that they had an increased awareness of environmental conservation: 90% or higher (FY2023).

Governance Achievements

  • Established Sustainability Promotion Committee and Carbon Neutrality and Environment Sub-Committee to promote ESG initiatives.
  • First former general electric utility in Japan to issue a transition bond and implement a transition loan in FY2022.
  • Executive compensation linked to GHG reductions aimed at carbon neutrality.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Develop 5,000 MW of renewable energy (Japan and overseas) by 2030.
  • Achieve 70% electrification rate in Kyushu households and 60% in commercial sector by 2030.
  • 100% replacement of company vehicles with EVs by 2030.
Short-term Goals:
  • Reduce supply chain GHG emissions by 60% by 2030 (65% for domestic business).

Environmental Challenges

  • Grid stability challenges with increased renewable energy adoption.
  • Fluctuations in renewable energy output.
  • Risks related to natural capital (e.g., fuel procurement, natural disasters).
  • Potential for rising fuel costs and stricter regulations.
  • Maintaining a balance between supply and demand of electricity.
Mitigation Strategies
  • Improving accuracy of renewable energy output forecasts.
  • Implementing online proxy curtailment.
  • Adopting the Connect and Manage scheme.
  • Utilizing large-capacity battery storage.
  • Expanding interconnections for renewable energy sources.
  • Developing hydrogen and ammonia co-firing technologies.
  • Developing a stable and economical supply chain for hydrogen and ammonia.
  • Diversifying fuel supply sources.
  • Implementing disaster prevention measures and risk hedging.

Supply Chain Management

Responsible Procurement
  • Green procurement rate of office supplies: 97% (FY2023).

Climate-Related Risks & Opportunities

Physical Risks
  • Typhoons, floods, torrential rain, earthquakes, tsunamis
Transition Risks
  • Tighter GHG emission regulations, carbon pricing, phase-out of coal-fired power
Opportunities
  • Expanded earnings by promoting renewable energy development, maximizing use of nuclear power, increased electricity sales from electrification

Reporting Standards

Frameworks Used: TCFD, TNFD

Certifications: FSC®

Third-party Assurance: Deloitte Tohmatsu Sustainability Co., Ltd

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)
  • Goal 15 (Life on Land)

Initiatives contribute to these goals through renewable energy development, GHG emission reduction, and biodiversity conservation.

Sustainable Products & Innovation

  • Large-capacity charge-discharge equipment for EVs

Awards & Recognition

  • PFI Award 2022 (Subsea Transmission Project)