CO2 Reduction Solutions Using Negative Emissions Technologies
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year under review, we entered into a joint development agreement with Aqualung Carbon Capture, a pioneer in CO2 separation membrane technology, and made a strategic investment in Aqualung.」
For CO2 separation and capture technology, we made a strategic investment and entered into a joint development agreement, and also formed a strategic partnership with Numat Technologies for next-generation decarbonization technologies. - FY2025AdvancedAnnual report
「As part of its efforts to make a significant contribution to preserving the global environment, the Group is developing technology to separate and capture CO2 contained in boiler flue gas at factories. During the fiscal year under review, we exhibited this technology for the first time at the Japan Pavilion at the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), held in the Republic of Azerbaijan, receiving a strong response. We will accelerate development with a view to commercializing the technology during FY2025.」
The Group exhibited its CO2 separation and capture technology for the first time at COP29 and progressed to the stage of accelerating development toward commercialization during FY2025. - FY2024First statedAnnual report
「In addition to reducing energy consumption through solvent-free processes and other measures, we are accelerating the development of negative emissions technologies, such as capturing CO2 that is unavoidable in manufacturing processes. These technologies remove CO2 from the atmosphere by capturing or absorbing it and storing or sequestering it. We are advancing our Negative Emissions Factory initiative to offer these technologies as comprehensive CO2 reduction solutions.」
As a new area of the environmental business, we first articulated the Negative Emissions Factory initiative, including CO2 capture, absorption, and sequestration.