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Tokyo Electric Power Company (TEPCO)

Tokyo Electric Power Company Holdings, Inc. (TEPCO) is a state-owned company headquartered in Japan. Its revenue in 2019 was US$29.83 billion and installed capacity in 2018 was 63.7 GW. TEPCO used to run the Fukushima Daiichi nuclear power station and has been working on decommissioning the plant since the 2011 earthquake and tsunami.

Ranking position
#37/50
Total score
6.1/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

1.6 / 4 #24

Material Investment

1.8 / 7 #31

Intangible Investment

0.0 / 2 #19

Management

1.8 / 4 #20

Policy Engagement

0.0 / 1 #48

Business Model

1.0 / 2 #29
Total score 6.1 / 20 #37

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

TEPCO is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. TEPCO’s forecast emissions significantly exceed a well-below 2-degree pathway, and there are no plans to phase out coal. While there will be a step-change in emissions intensity – that is, the amount of greenhouse gas emissions produced for every unit of electricity – when its nuclear plants are reopened, this will be a one-off gain. The increase in renewables will lead to further progress, but these will be a small part of the company’s overall generation.

Progress towards the Paris Agreement

More about the company

Headquarters
Tokyo, Japan
Ownership structure
State-owned
Group revenue
US$29.83 billion (2019)
Installed capacity
63.7 GW (2018)
Website
http://www.tepco.co.jp/en