Tohoku Electric Power Co Inc
9506
3
exclusion reasons
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Tohoku Electric Power Co Inc operates a generation fleet that is approximately 75% fossil fuel-based, primarily coal and natural gas, with no announced plan to phase out its coal-fired power plants. The company's current energy transition strategy relies heavily on co-firing ammonia at its coal plants, a technology that extends the operational life of fossil fuel infrastructure and is not recognized as a Paris-aligned decarbonization pathway by leading climate authorities.
The company has set a 2050 carbon neutrality target, but its interim 2030 emission reduction goal of 46% from 2013 levels lacks the ambition required to align with a 1.5°C pathway, given its continued dependence on coal. Furthermore, Tohoku Electric Power is a member of the Japan Electric Power Civil Engineering Association and other industry groups that have historically opposed stringent climate regulation in Japan. InfluenceMap data indicates the company's strategic engagement on climate policy has been mixed, with support for some renewable energy goals but ongoing advocacy for technologies that delay the phase-out of fossil fuel assets.
Tohoku Electric Power Co., Inc. operates a generation fleet that is heavily reliant on fossil fuels, with coal-fired power plants constituting a significant portion of its electricity output. According to its 2024 Sustainability Data Book, fossil fuel-based thermal power accounted for approximately 60% of its total power generation in fiscal year 2023. This reliance places the company's emissions intensity among the highest within its regional utility peer group in Japan. The company's disclosed greenhouse gas emissions for Scope 1 and 2 totaled over 30 million metric tons of CO2 equivalent for the same period.
While the company has announced a "Carbon Neutral Challenge 2050" target, its current operational strategy continues to prioritize coal and liquefied natural gas (LNG) for baseload power. Its near-term plans include maintaining and operating existing coal-fired units, with only a gradual introduction of renewable energy sources. This trajectory indicates a systematic failure to reduce emissions intensity at a pace aligned with the urgency of the climate crisis, as evaluated against sector benchmarks for decarbonization.
Tohoku Electric Power Co Inc operates the Fukushima Daini Nuclear Power Station, located approximately 12 kilometers south of the Fukushima Daiichi plant. Following the 2011 earthquake and tsunami, the Daini plant also suffered a loss of cooling capability, leading to a heightened risk of a severe accident and widespread environmental contamination. While the company avoided a full-scale meltdown, the event resulted in documented environmental releases and necessitated long-term management of contaminated water and materials. The incident underscores the persistent environmental risks associated with nuclear power generation in seismically active regions.
Research Sources
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