See total ranking

Tokyo Electric Power Company

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. In 2019, TEPCO moved all thermal power electricity generation to JERA, a 50-50% joint venture with Chubu Electric Power. TEPCO serves around 15 million energy customers, making it one of the largest energy providers in the country.

Summary

TEPCO reports on numerous sustainability topics but has potential to strengthen its overall performance. TEPCO has established board-level oversight of environmental, social and governance (ESG) issues and set time-bound targets for all its material topics. It also discloses policy commitments to respect fundamental human and labour rights across its operations. However, the company can increase transparency around stakeholder engagement, including partnerships with local governments and responding to issues raised by marginalised groups.

TEPCO discloses its goal to supply affordable and low-cost power; however, it is unclear how this translates into actions to improve affordability. Further, the company has an opportunity to report its local economic impacts, including local hiring and procurement, and to disclose how it ensures a living wage for its workers.

The company reports annually on air pollution, emissions, energy efficiency and water withdrawal, but it is yet to demonstrate quantitative reductions in these metrics over time. Further, it discloses its target to reduce carbon dioxide (CO2) emissions but is encouraged to align this target with the 1.5°C trajectory. TEPCO can also increase disclosure on its efforts towards natural disaster risk reduction and emergency response planning.

Ranking position: #45 /300
Total score: 23.6 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 12.5 /100	#89
Inclusive Cities	#1 26.7 /100	#81
Healthy Cities	#1 22.5 /100	#14
Climate Proof & Resilient Cities	#1 20.0 /100	#49
Core Social Indicators	#1 36.1 /100	#27

Industries
Energy distribution	#15

See full scorecard of Tokyo Electric Power Company

Download scorecard

More about the company

Headquarters: Japan
Ownership structure: Public
Revenue: USD 59,306 billion (2022)
Number of employees: 38027 (2022)
Website: https://www.tepco.co.jp/en/hd/index-e.html

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000