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Tokyo Electric Power Company (TEPCO)

The Tokyo Electric Power Company Holdings, Inc (TEPCO) is a publicly listed company headquartered in Tokyo, Japan, with approximately 55.94% owned by the government of Japan. The government ownership is through the Nuclear Damage Compensation and Decommissioning Facilitation Corporation. In 2020, its revenue was USD 54.9 billion and installed capacity was 18 GW. In 2019, TEPCO moved all thermal power electricity generation to JERA, a 50% owned joint venture with Chubu Electric Power.

Ranking position
#26/50
Total score
26.4/100
Performance 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 0.0 / 4 #35

Material Investment

#1 1.8 / 7 #23

Intangible Investment

#1 0.6 / 2 #6

Management

#1 2.5 / 4 #17

Policy Engagement

#1 0.2 / 1 #39

Business Model

#1 1.0 / 2 #24

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

TEPCO receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company does not have any formal scope 1 and 2 emissions reduction targets. TEPCO plans to increase renewable generation by 6-7 GW by 2030 and restart nuclear power generation. This will likely reduce emissions intensity, but not at the rate required by its 1.5°C pathway, as there is no indication that the company plans to end its reliance on coal and gas-fired electricity generation through its JERA joint venture.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Tokyo, Japan
Group revenue (2020)
USD 54.9 billion
Ownership
Publicly listed, with approx. 55.94% owned by the government of Japan
Installed capacity (2020)
18.2 GW
Website
https://www.tepco.co.jp

This company is part of the SDG2000, the 2.000 most influential companies

See company profile