Environmental Management: Initiatives
Initiatives
Procurement of CO2-Free Electricity for the Head Office Building
As part of efforts on ”Contributing to Decarbonized Societies,” one of MC’s Materialities, MC has switched to green power for the electricity used at its Head Office building (the Mitsubishi Shoji Building). CO2-free electricity with environmental value—tracked through non-Fossil Fuel Energy Certificates*1—is generated at a solar power plant invested in and operated by Mitsubishi Corporation Clean Energy Ltd., which is engaged in the power generation business, and procured through MC Retail Energy Co., Ltd., which is engaged in the power retailing business. As such, electricity demand at the Mitsubishi Shoji Building is met by renewable energy sources that also satisfy the requirements of RE100*2. From power generation to retail, MC operating companies work together to supply, procure, and use renewable energy, creating environmental value by leveraging MC’s comprehensive capabilities across the power value chain.

- *1Non-Fossil Fuel Energy Certificates certify the environmental value of electricity generated from non-fossil fuel energy sources, such as renewable energy, under the Act on the Promotion of Use of Non-fossil Energy Sources and Effective Use of Fossil Energy Materials by Energy Suppliers.
- *2An international initiative that aims for 100% of the energy used in business operations to be sourced from renewable sources.