Chugoku Electric Power Company
The Chugoku Electric Power Company, Inc. is a publicly listed energy company headquartered in Japan. In 2019, its revenue was US$12.34 billion and installed capacity was 11.54 GW. The company operates in Japan’s Chugoku region with some overseas investment. In 2018, Chugoku had the lowest total generation of the Japanese companies assessed but the highest emissions intensity.
- Ranking position
- #30 /50
- Total score
- 6.0 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Chugoku is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. Chugoku’s projected emissions intensity is expected to diverge from its well below 2-degree pathway. The company’s target pathway does not meet the ambition required to keep its emissions intensity on track. Chugoku has not committed to a fossil phase-out. Its locked-in emissions exceed its decarbonisation budget. Chugoku is missing the strategic elements necessary to improve its low-carbon alignment. The lack of a transition plan and scenario analysis suggest the company will continue to fall further behind on its well below 2-degree pathway.
Progress towards the Paris Agreement
More about the company
- Headquarters
- Hiroshima, Japan
- Ownership structure
- Publicly listed, with 8.78% owned by the government of Japan
- Group revenue
- US$ 12.34 billion (2019)
- Installed capacity
- 11.54 GW (2019)
- Website
- https://www.energia.co.jp/e/