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Other Disclosures5959OKABE CO.,LTD.Construction and Materials

Achieved 100% renewable energy across all production sites (3 plants)

岡部 announced that it had switched the electricity used at its 3 plants in Kuki, Ibaraki and Kyoto to 100% renewable energy. Each plant is also advancing decarbonization initiatives, including solar power generation and the introduction of electric forklifts.

Worth reading
45Recurring
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
100
Renewable energy share of electricity used (%)
Wording
Definitive
How definitive the wording is.

Announced details

Applicable field (uses covered by this announcement)

Construction-related products business, marine business, and decarbonization of production sites

Launch dateKuki Plant: April 2026 (switching completed); Ibaraki Plant: June 2024 (switching completed); Kyoto Plant: May 2023 (switching completed)
What the company reported numerically
Quantitative Effects

100% renewable energy share of electricity used

Award/certification name

SBT certification (Scope 1+2 and Scope 3 reduction targets)

Awarding / certifying body

SBTi(Science Based Targets initiative)

Location (as indicated in this announcement)

Kuki Plant: Saitama Prefecture; Ibaraki Plant: Ibaraki Prefecture; Kyoto Plant: Kyoto Prefecture

3 plants

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

Source (materials cited by the company)

SBTi(Science Based Targets initiative)

Announced details
ItemDetails
Launch dateKuki Plant: April 2026 (switching completed); Ibaraki Plant: June 2024 (switching completed); Kyoto Plant: May 2023 (switching completed)
Applicable areaConstruction-related products business, marine business, and decarbonization of production sites
Award/certification nameSBT certification (Scope 1+2 and Scope 3 reduction targets)
Awarding / certifying bodySBTi(Science Based Targets initiative)
LocationKuki Plant: Saitama Prefecture; Ibaraki Plant: Ibaraki Prefecture; Kyoto Plant: Kyoto Prefecture
Location scale3 plants
Quantitative Effects100% renewable energy share of electricity used
SourceSBTi(Science Based Targets initiative)
Items this document does not state (10)
Names of Products / Services CoveredCounterpartyCounterparty overviewRelationship with the CompanyContract ValueOffering priceContract DateRegistration number and expiry dateUsage 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.

An initiative to help achieve a decarbonized society, the target for reducing GHG emissions in fiscal 2035, and the milestone of reaching an 80% renewable energy share at domestic sites in fiscal 2030.

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Achieved 100% renewable energy across all production sites (3 plants) | OKABE CO.,LTD. (5959) timely disclosure | Komori