DIC Wins New Energy Foundation Chairman’s Award (Adoption and Application Category) in the 2018 New Energy Awards High marks given to the expanded use of renewable energy at the Kashima Plant

Tokyo, Japan– DIC Corporation announced that it has been presented with a New Energy Foundation Chairman’s Award in the Adoption and Application Category of the New Energy Awards 2018. The award, presented by Japan’s New Energy Foundation, reflected high marks given to the expanded use of renewable energy at DIC’s Kashima Plant. The New Energy Awards were established to promote the further use of alternative energy, as well as to raise awareness. The program broadly solicits entries and confers awards for outstanding examples of alternative energy-related products, the adoption of alternative energy and initiatives to promote awareness.

The Kashima Plant has installed multiple generating facilities powered by renewable energy, including biomass and methane gas boilers and wind power and solar power systems. As a consequence, 50% of electric power and 80% of heat consumed annually by the site is now generated using renewable energy. The positive impact of this on annual CO₂ emissions was more than 35,000 metric tonnes in 2018.

The DIC Group has set a target for the reduction of its overall CO₂ emissions of 7.0% from the fiscal year level by fiscal year 2020, an average annual decrease of 1.0%, in line with which it is taking steps to lower its energy consumption and carbon footprint. To these ends, the Group has invested in the installation of biomass boilers, wind power facilities, solar power facilities and cogeneration systems, among others, with the goal of helping to combat global warming. Going forward, the Group will continue working to cut its emissions of greenhouse gases with the aim of contributing to the realization of a sustainable society.

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