#Sustainability
Teijin Lielsort Korea to adopt renewable energy
TLK expects initially to replace approximately 30% of the plant’s annual electricity consumption with renewable energy and eventually convert fully to renewable energy by 2025.
TLK will adopt Green Premium renewable energy, which is a green tariff introduced in South Korea’s K-RE100 renewable-energy system. The power will be supplied by Korea Electric Power Corporation. Since the electricity is naturally derived from sources including solar, wind, or water almost no CO2 is emitted during its production.
Also, CO2 emissions-reduction credits generated in worldwide renewable-energy projects managed by Mitsui & Co., Ltd. will be purchased to offset CO2 emissions from gas used at the plant. One year’s worth of gas emissions will be purchased in the first year and additional purchases are expected to be made thereafter.
Teijin has established long-term goals for internal net-zero emissions by fiscal 2050. The targets include reducing internal CO2 emissions by 30% as of 2030 compared to 2018 levels. By further positioning its business to help realize a sustainable circular society, Teijin is determined to fulfill its long-term vision of being a company that supports the society of the future.
