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Kansai Electric Power Company (KEPCO)

Kansai Electric Power Co., Inc. (‘KEPCO’) is a publicly listed electricity company headquartered in Japan, with 10.18% owned by the government of Japan. In 2019, its revenue was US$29.83 billion and installed capacity was 34.25 GW in 2018. KEPCO is experiencing a period of significant management change following serious long-term governance issues. At the same time, as anti-terror provisions tighten, it faces challenges to return its nuclear power to full capacity.

Ranking position
#23 /50
Total score
9.1 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)


0.9 /4 #29

Material Investment

6.0 /7 #3

Intangible Investment

0.2 /2 #13


0.5 /4 #38

Policy Engagement

0.6 /1 #14

Business Model

1.0 /2 #29

Leading practices

Risks and opportunities


KEPCO is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. It shares its one 2030 emissions intensity target of 370.5 gCO2e/kWh with other major electric utilities in Japan. This target is linked to the country’s nationally determined contribution under the Paris Agreement, which the World Resources Institute described as falling ‘woefully short’ of what is required. The company’s emissions intensity is already below the target level for 2018. Ambitious targets are needed to drive future decarbonisation action. Thanks to the restarting of its nuclear power plants following the 2011 Fukushima disaster, KEPCO’s recent emissions intensity has been improving. However, the lack of detail in the company’s low-carbon transition planning does not provide reassurance that there will be a change of direction towards better transition alignment.

Progress towards the Paris Agreement

See results for

  1. 2021
  2. 2023

More about the company

Osaka, Japan
Ownership structure
Publicly listed, with 10.18% owned by the government of Japan
Group revenue
US$29.83 billion (2019)
Installed capacity
34.25 GW (2018)