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Chugoku Electric Power Company

The Chugoku Electric Power Company, Inc. is a publicly listed energy company headquartered in Japan. In 2019, its revenue was US$12.34 billion and installed capacity was 11.54 GW. The company operates in Japan’s Chugoku region with some overseas investment. In 2018, Chugoku had the lowest total generation of the Japanese companies assessed but the highest emissions intensity.

Ranking position
#30/50
Total score
6.0/20
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

1.8 / 4 #22

Material Investment

2.2 / 7 #28

Intangible Investment

0.0 / 2 #19

Management

0.5 / 4 #38

Policy Engagement

0.6 / 1 #14

Business Model

0.9 / 2 #37
Total score 6.0 / 20 #30

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Chugoku is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. Chugoku’s projected emissions intensity is expected to diverge from its well below 2-degree pathway. The company’s target pathway does not meet the ambition required to keep its emissions intensity on track. Chugoku has not committed to a fossil phase-out. Its locked-in emissions exceed its decarbonisation budget. Chugoku is missing the strategic elements necessary to improve its low-carbon alignment. The lack of a transition plan and scenario analysis suggest the company will continue to fall further behind on its well below 2-degree pathway.

Progress towards the Paris Agreement

More about the company

Headquarters
Hiroshima, Japan
Ownership structure
Publicly listed, with 8.78% owned by the government of Japan
Group revenue
US$ 12.34 billion (2019)
Installed capacity
11.54 GW (2019)
Website
https://www.energia.co.jp/e/