Komori
Other Disclosures350ADIGITAL GRID CorporationElectricity and gas

First virtual PPA in Japan's advertising industry: supporting DENTSU GROUP INC.'s long-term procurement of approximately 2 million kWh of environmental value annually

Digital Grid will support DENTSU GROUP INC.'s virtual PPA, under which the company will make long-term purchases of environmental value from a newly built solar power plant, by managing electricity supply and demand and selling power on the market. The company plans to procure approximately 2 million kWh annually from 2027 and use it at DENTSU GROUP INC.'s domestic facilities.

Worth reading
75Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
2000000
kWh/year
Wording
Conditional
How definitive the wording is.

Announced details

Virtual PPAGreen Purchase Agreement(GPA®)
Applicable field (uses covered by this announcement)

Advertising industry; DENTSU GROUP INC.'s domestic facilities; newly built renewable energy power plants; agrivoltaic solar power plants using abandoned farmland

Launch date2027 (scheduled start of operations at the solar power plant)
What the company reported numerically
Quantitative Effects

Expected to reduce CO₂ emissions by approximately 850 tonnes annually

Relationship between the counterparty and the company
DIGITAL GRID Corporation350A
Relationship with the Company

Digital Grid will handle electricity supply and demand management and the sale of power on the market, among other services, for the virtual PPA entered into by DENTSU GROUP INC., 地域電力株式会社 and JDC CORPORATION.

CounterpartyDENTSU GROUP INC.地域電力株式会社JDC CORPORATION

DENTSU GROUP INC.: Headquarters in Minato-ku, Tokyo; Representative Executive Officer, President and Global CEO: Sano Suguru (佐野傑), 地域電力株式会社: Head office in Chiyoda-ku, Tokyo; Representative Director and President: Chen-Hua Shen (チェンホア・シェン), JDC CORPORATION: Head office in Minato-ku, Tokyo; Representative Director and President: Hayashi Isao (林伊佐雄)

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

Research by the company and DENTSU GROUP INC. (described as the first virtual PPA contract in Japan's advertising industry)

Announced details
ItemDetails
Names of Products / Services CoveredVirtual PPA, Green Purchase Agreement(GPA®)
CounterpartyDENTSU GROUP INC., 地域電力株式会社, JDC CORPORATION
Counterparty overviewDENTSU GROUP INC.: Headquarters in Minato-ku, Tokyo; Representative Executive Officer, President and Global CEO: Sano Suguru (佐野傑), 地域電力株式会社: Head office in Chiyoda-ku, Tokyo; Representative Director and President: Chen-Hua Shen (チェンホア・シェン), JDC CORPORATION: Head office in Minato-ku, Tokyo; Representative Director and President: Hayashi Isao (林伊佐雄)
Relationship with the CompanyDigital Grid will handle electricity supply and demand management and the sale of power on the market, among other services, for the virtual PPA entered into by DENTSU GROUP INC., 地域電力株式会社 and JDC CORPORATION.
Launch date2027 (scheduled start of operations at the solar power plant)
Applicable areaAdvertising industry; DENTSU GROUP INC.'s domestic facilities; newly built renewable energy power plants; agrivoltaic solar power plants using abandoned farmland
Quantitative EffectsExpected to reduce CO₂ emissions by approximately 850 tonnes annually
SourceResearch by the company and DENTSU GROUP INC. (described as the first virtual PPA contract in Japan's advertising industry)
Items this document does not state (10)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historyImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To advance corporate decarbonization and, through long-term purchases, support the construction and expansion of newly built renewable energy power plants with additionality.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
First virtual PPA in Japan's advertising industry: supporting DENTSU GROUP INC.'s long-term procurement of approximately 2 million kWh of environmental value annually | DIGITAL GRID Corporation (350A) timely disclosure | Komori