Published on July 24th, 2018 | by Joshua S Hill0
Fujitsu Announces 100% Renewable Energy Target, Joins RE100
July 24th, 2018 by Joshua S Hill
Japanese IT giant Fujitsu announced last week that it has committed to sourcing 100% of its needed electricity from renewable energy sources by 2050, coupled with its decision to join the RE100 initiative.
Fujitsu becomes the latest in a long string of companies making large-scale renewable energy commitments, and the 140th to join the RE100 initiative — a global initiative designed to support and bring together companies making 100% renewable energy commitments formed by The Climate Group in partnership with CDP (formerly the Carbon Disclosure Project).
Fujitsu’s commitment to source 100% renewable energy by 2050 is part of its medium- to long-term environmental outlook, launched in May as the “Fujitsu Climate and Energy Vision” which aims to bring the company’s CO2 emissions down to zero by 2050. This puts into place the company’s greenhouse gas emissions reduction target which was approved in August of 2017 by the Science Based Targets initiative. Specifically, Fujitsu will reduce its absolute Scope 1 and 2 greenhouse gas emissions 33% by 2030 and by 80% by 2050 and reduce its Scope 3 greenhouse gas emissions by 30% by 2030.
The company’s decision to source 100% of its electricity needs from renewable energy by 2050 applies to all the Fujitsu Group’s locations both inside and outside its home country of Japan and will make use of a range of procurement methods including renewable energy certificates, Power Purchase Agreements (PPAs), and on-site installations including solar and energy storage.
Beyond its commitment to source its own electricity needs, Fujitsu will also commit its technological expertise to continuing research and development and technology trials for energy management and storage, a move which will go beyond benefiting the company’s own efforts but will also benefit the global power sector as a whole.
“With our technology and expertise, Fujitsu will show leadership in providing solutions for overcoming any barriers to disseminating renewable energy, such as cost,” said Hideyuki Kanemitsu, VP, Head of Responsible Business Unit, Fujitsu. “Joining RE100 demonstrates our strong intention to deliver on our Fujitsu Climate and Energy Vision. We expect to see opportunities to collaborate with customers and various stakeholders through our RE100 membership.”
“We are delighted to welcome Fujitsu to RE100″ added Sam Kimmins, Head of RE100, The Climate Group. “Their commitment comes at a crucial time, sending a clear message to the world that Japanese companies are committed, alongside their global peers, to using 100% renewable power.”