Growth Strategy Based on a Carbon-Neutral Society under JAPEX2050
First written in FY2021. 3 of 7 entries say "Reframed", first in FY2024. Latest entry: 2026-05-13.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「Rather than pursuing a “complete withdrawal from oil and natural gas,” we will seek to achieve a “carbon-neutral society” as an integrated energy company by combining the use of decarbonisation technologies such as CCS/CCUS.」
Reaffirmed the JAPEX2050 policy of pursuing a carbon-neutral society by continuing the stable supply of oil and natural gas while also using CCS/CCUS and other technologies. - FY2024ReframedAnnual report
「Rather than pursuing a “complete withdrawal from oil and natural gas,” we will seek to achieve a “carbon-neutral society” as an integrated energy company by combining the use of decarbonisation technologies such as CCS/CCUS.」
For the JAPEX2050 growth strategy, explicitly stated the policy of pursuing a carbon-neutral society by continuing stable supply while combining it with CCS/CCUS, rather than completely withdrawing from oil and natural gas. - FY2022AdvancedAnnual report
「We aim to pursue collaboration and entry into carbon-neutral initiatives where cooperation with CCS/CCUS is expected. ・Assumptions include BECCS and natural gas-fired power plants equipped with CCS ・Considering entry into carbon recycling fields such as blue hydrogen and methanation」
For JAPEX2050, specified potential areas of entry, centred on CCS/CCUS, including BECCS, natural gas-fired power generation with CCS, blue hydrogen and methanation. - FY2021First statedAnnual report
「Efforts around the world to transition to a decarbonised society have advanced rapidly, beginning with the Japanese government’s declaration in October 2020 of its aim to achieve carbon neutrality by 2050. The Company therefore needs to establish a growth strategy based on the arrival of a carbon-neutral society, going beyond its traditional contribution to achieving a low-carbon society through the supply of natural gas and other activities. From this perspective, in May 2021 the Company announced “JAPEX2050,” which sets out the responsibilities it must fulfil and challenges it must address to achieve a carbon-neutral society, as well as the direction of its future initiatives and business development.」
Reset its understanding of the business environment and strategic framework, moving from a focus on contributing to a low-carbon society to a growth strategy based on the arrival of a carbon-neutral society.