Message from the President

Changing the world with renewable energy

ENEOS Renewable Energy Corporation (the company formerly known as Japan Renewable Energy Corporation) was founded in August 2012 as an independent power producer specializing in renewable energy. Its founding, by a group of prominent experts in investment, construction, power generation business, and electricity, took place in the aftermath of the Great East Japan Earthquake and the Fukushima nuclear power plant incident. Since then, it has built an environment in which every single executive or employee that shares its mission is able to use his or her capabilities to contribute to the company and help its growth. After becoming an ENEOS Group company in January 2022, we changed our trade name to the current company name in April 2024. It is now forging ahead with further expansion of renewable energy as the company leading the energy transition at one of Japan’s major energy conglomerates.

Preventing climate change and increasing energy self-sufficiency are serious societal challenges confronting Japan. In response to these challenges, our vision is to take leadership in creating a prosperous and sustainable society through the development of renewable energy. This vision is inspiring us to contribute to society with our long-term commitment to renewable energy, including planning and development of projects, and operation for their entire life span.

To date, we have built a portfolio of over 100 power plants that we constructed and are now operating throughout Japan. In addition to current solar, onshore wind, and biomass projects, we will expand into additional types of renewable energy, including offshore wind and small hydropower as an industry leader. Our success in developing and operating power plants largely depends on the understanding and support of our stakeholders, including local communities, municipalities, equipment suppliers, contractors, and fund providers. Accordingly, all our executives and employees are committed to working in good faith to maintain the understanding and trust of our stakeholders.

We are the first renewable energy company in Japan to support the Ten Principles of the UN Global Compact. The Ten Principles, which are a code of conduct that companies are required to observe to meet fundamental responsibilities in the areas of human rights, labour, environment, and anti-corruption, are perfectly in line with our management philosophy and we have remained faithful to these principles in performing our duties.

In order to meet the Sustainable Development Goals, the entire international community needs to take action to combat climate change and to expand clean energy alternatives. The Japanese government committed to cutting greenhouse gas emissions to net-zero by 2050, thereby setting the 2050 goal of achieving a carbon-neutral society. Accordingly, Japan set the targets of a 46% reduction in greenhouse gas emissions compared with FY2013 and an increase in renewable energy’s share of total energy supply in Japan to 36%–38%, both by FY2030.

In recent years, however, the impacts of climate change have increased from one year to the next and international efforts to combat these impacts have gained pace. In Japan too, it will be imperative to further reduce greenhouse gas emissions and to further expand renewable energy in order to do so. We are actively striving to address these challenges through aggressive development and greater use of renewable energy alternatives, alongside contributing to local communities as a fellow member of such communities. We believe our efforts will help to create a truly sustainable society for many generations to come.