Environment and Energy

Our Approach to Our Sustainability Themes

We are working toward a sustainable society through businesses that contribute to a decarbonized society that reuses and recycles.

• We will expand the renewable energy business globally because it contributes to a decarbonized society. Outside Japan, we will grow our business using Elawan Energy as a strategic platform. In Japan, we will promote the nationwide use of the PPA model for third-party ownership of solar power generation systems.
• We will expand businesses that recycle and properly dispose of waste because they contribute to a society that reuses and recycles.
• We will study and implement measures to reduce CO₂ emissions at our two coal-biomass co-fired power plants by changing the equipment and fuels they use, and will consider shutting down the plants if we determine that these cannot reduce emissions by March 2030.

Business Activities and Sustainability Themes Matrix

Domestic Energy Unit

Renewable energy business (Japan)

• #Climate change / Spreading and promoting renewable energy generation

We are supporting the shift to renewable energy, including solar, biomass, geothermal and wind. Our total domestic operating capacity for power plants already in operation is approximately 1 GW^*, making us one of the most prominent renewable energy providers in Japan.

• Data as of end of March 2023, gross operating capacity before consideration of ORIX's ownership stake.

Mega-solar power generation business
We lease idle unused land throughout Japan that is owned by municipalities, companies and other organizations, on which we construct and operate large-scale solar power generation facilities which have generating capacities of 1,000 kW (1 MW) or more. Mega-solar facilities are long-term projects that generate power for 20 years after the construction and start-up period, and involve numerous stakeholders during this long period. As the business owner, ORIX handles all aspects of management, and focuses on safe and stable operations.

Roof solar power generation business
ORIX operates a “rented roof” solar power generation business, utilizing roofs rented out from clients who own large facilities such as factories and warehouses. Unlike ground-mounted solar panels, rooftop-mounted panels do not require development or other preparation of the land, allowing for easy installment and power generation within a short construction period. The benefits for customers who install rooftop solar panels include effective use of a resource that normally does not produce profit, improved efficiency of air conditioning systems (as solar panels can act as thermal barriers), and the ability to generate the electricity they consume themselves.
From the initial facility design stages, ORIX supports the installment of rooftop solar panels that maximize output. We help maximize the solar generating value and efficiency of the client's facility, by, for example, recommending the use of lightweight panels when roofs are structurally incapable of supporting heavy panels. As this business involves the installment of systems into facilities owned by our clients, we ensure safe and secure construction by having dedicated personnel advise and oversee the work of contractors. As for the maintenance and administration of the power generation system, we select and commission highly reliable O&M contractors. This initiative also involves the use of roofs of facilities owned by ORIX, including commercial facilities.

Biomass power generation business
We operate the Agatsuma Biomass Power Plant, a wood chip-fired thermal power station in Higashiagatsuma, Gunma Prefecture. Wood chip-based combustion power generation is a method of generating electricity by burning wood chips in a boiler and rotating turbines with the hot steam. Wood chips are a biomass^*1 substitute for fossil fuels that enables reductions in CO₂ emissions. Further, this power plant uses thermal recycling^*2 technology, increasing efficiency and reducing environmental impact. The Agatsuma Biomass Power Plant uses domestically sourced wood chips and has a total generation capacity of 13.6 MW.
Sourcing quality wood chips is crucial for a stable power supply. The plant uses waste wood from construction and tree trimming, and also employs thinned timber^*3 that formerly went unused. We collaborate with Higashiagatsuma Town Hall and the local forestry association to support local forest maintenance^*4 and increase the recycling rate for wood chips. Appropriate processing of ash from combustion is also important. The plant outsources this function to recycling companies so that ash from combustion is used effectively. At the recycling plant, combustion ash is used for production of road foundation materials and solar panel installation platforms.

1. This refers to organic resources derived from renewable organisms, excluding fossil resources. Of these, wood-derived materials are called woody biomass and are attracting attention as environmentally friendly fuels.
2. Thermal recycling refers to the process of collecting and utilizing heat energy generated from combustion, rather than merely incinerating waste materials.
3. This refers to wood that results from thinning operations that thin out dense trees. It is not suitable for building construction materials and is regarded as wood that is difficult to effectively utilize.
4. This refers to practices such as planting, conservation, and thinning to aid forests in continuing to function in their role in land conservation, water source cultivation, prevention of global warming, and supply of forest products such as timber.

Related Link

• Agatsuma Bio Power Co., Ltd(in Japanese)

Wind power generation business
We first invested in Japanese land-based wind power generation in 1995. Since then, we have accumulated knowledge of wind power generation in Japan and overseas, and used it to research and examine developments in our wind power generation business.

• ORIX is moving forward with joint development agreement with Hokkaido Electric Power Co., Inc. to develop Seiryo Wind Power Generation Project (tentative name) (capacity 189 MW)
• Domestic development pipeline: 300 MW or more

Geothermal power generation business
In the Minamikayabe area of Hakodate, Hokkaido, we will begin operating the Minamikayabe Geothermal Power Plant in FY2024.3, which will be the largest binary cycle geothermal power plant^*1 in Japan^*2 with an installed capacity of 6,500 kW (6.5 MW).
In addition, we are proceeding with surveys and drilling towards construction of a geothermal power plant in Yuzawa City, Akita Prefecture, with a maximum output of 2,200 KW (2.2 MW). Further, we have entered into an agreement with the town of Hachijo on Hachijojima Island, Tokyo regarding geothermal power generation, and have begun drilling for a geothermal power plant with a maximum output of 4,400 kW (4.4 MW). In the Kyushu region, ground surveys for the construction of geothermal power stations have been completed, and we are now preparing for drilling surveys.
Alongside its accommodations and hot springs, ORIX's Beppu SUGINOI HOTEL in Beppu City, Oita Prefecture owns and operates a geothermal power plant^*3. Utilizing such geothermal power generation businesses and expertise in the management of hot spring hotels, we aim to branch out into several locations nationwide and contribute to the vitalization of the local communities.

1. A method of generating electricity employing hot water extracted from underground to turn substances with a lower boiling point than water into steam which is used to rotate a turbine.
2. Based on research carried out by ORIX Corporation.
3. Operation is currently temporarily suspended due to equipment renewal and other factors.

Solar power system power purchase agreement model (PPA^* Model)

• #Climate change / Spreading and promoting renewable energy generation

ORIX promotes the adoption of corporate PPA (power purchase agreement) model solar generation systems nationwide with the aim of expanding demand for in-house generated power systems supplied by renewable energy. A PPA Model is a business model wherein a third party installs a solar power system onto a borrowed site or rooftop of an electricity consumer, from which they provide the generated electricity to the consumer as a service.
ORIX supplies electricity to customers by installing solar power generation and storage battery systems at customer-owned facilities and supplying electricity produced at these very facilities to clients. Customers pay service fees to ORIX for the amount of electricity they consume. When the contract period ends, either the systems are transferred to the customer or the contract is extended. Through this initiative, customers can reduce their CO₂ emissions and electricity costs without having to bear the initial investment cost. Additionally, storage battery systems can be installed for BCP (business continuity plan) purposes. In the case of power outages caused by natural disasters or other factors, systems automatically switch to supplying electricity from storage batteries; therefore, even in emergencies, facility operations can partially be continued.
ORIX will continue to partner with regional financial institutions and encourage local companies to adopt the PPA model in its endeavor to promote and implement the PPA model around Japan.

• Power Purchase Agreement abbreviation

Operation, management, and maintenance of renewable energy power plants

• #Climate change / Spreading and promoting renewable energy generation

In August 2018, ORIX established ORIX Renewable Energy Management Corporation (OREM), a company tasked with the operation, management, and maintenance of power plants that use renewable energies such as solar power. OREM operates and manages power plants at 152 sites nationwide, with a combined power generation capacity of 509 MW (as of March 31, 2023). Leveraging the knowledge cultivated by ORIX in its renewable energy power plant activities, OREM carries out maintenance and checks both to prevent risks and to ensure continued normal operations at these power plants. OREM also provides immediate recovery support to minimize downtime and power generation losses in the event of malfunctions, and maximizes power generation capacity by using remote monitoring and data analysis to visualize power generation conditions at the plants.
From March 2022, OREM has begun offering a mega solar power plant “turnaround support service,” which advises asset owners on effective management methods by evaluating and analyzing operations data from a third-party perspective. This service provides reports on ways to help maximize power retailing revenues by combining on-site evaluations by experienced engineers with data analysis utilizing advanced digital technology, including AI.
By rolling out a comprehensive power plant operation, management, and maintenance service that make use of high-level expertise, OREM intends to contribute to the widespread popularization of renewable energies.

Related Link

• ORIX Renewable Energy Management Corporation[2.4MB]

Entry into storage battery business

• #Climate change / Spreading and promoting renewable energy generation
• #Promoting innovation & technological change
• #Stable energy supply

ORIX is promoting the development of storage facilities^*, where large-scale storage batteries are installed on a power plant-level scale. Unlike previous applications for storage batteries in individual homes, commercial facilities, or factories, these facilities will connect directly to the power grid and contribute to system stability by storing electricity during periods of excess supply and releasing during shortages. Securing adjustment of power supply is crucial for expanding further adoption of renewable energy, and battery storage facilities will become increasingly important in the future.

• Together with Kansai Electric Power Company, ORIX participates in the Ministry of Economy, Trade, and Industry's 2021 framework to support installation of grid-use storage batteries to accelerate the adoption of renewable energy, which is administered by the Sustainable Open Innovation Initiative.

Lease and rental of solar panels and electricity storage systems

• #Climate change / Spreading and promoting renewable energy generation

ONE Energy conducts leasing, rental and other services for solar panels and electricity storage systems. The combined use of solar panels and electricity storage systems allows customers to save electricity generated by solar power for private use, sell surplus electricity, and prepare for power outages.

Environment friendly power supply services

• #Climate change / Reducing GHG emissions

ORIX has launched environment friendly electrical power supply services (low emissions factor services) in response to growing environmental awareness, as embodied by RE100 and ESG investing. ORIX provides support both for achieving RE100 and for reducing CO₂ emissions via increasing the proportion of electrical power generated from renewable energy, such as wind power and biomass power, and purchasing non-fossil certificates and J-Credits.

Energy-saving services

• #Conserving energy / resources

Energy-saving services seek to realize energy savings and reductions in CO₂ emissions through increased productivity. The services are offered when our customers update or establish new production facilities in factories and buildings.

1. Cooperation of the customer, who is our joint applicant, is required for application procedures and asset management.
2. This service does not guarantee the attainment of subsidies. We may be required to return the subsidy if we have not complied with the application guidelines.
   Because subsidies come from public funds, there are restrictions on property disposition and reporting obligations, and unapproved changes in plans or failure to achieve certain results can lead to demands to return subsidies.
   In the case of a joint application, if ORIX returns a subsidy, the customer will be required to pay the amount equivalent to the subsidy returned (unless ORIX is liable for the causes of the return of subsidy).

Data

Number of contracts: Approximately 655 (As of March 31, 2023)

IoT services and SaaS business

• #Safe working environment
• #Improving labor productivity

Under the corporate philosophy of “Bringing safety and comfort to the population and society”, paired with the ultimate goals of “Protecting customer health and safety and Finding optimal answers aligned to customer goals”, Ubiteq develops and offers IoT application services in addition to a SaaS business as it supplements acquired IoT technology know-how and centers AI data utilization and external service cooperation as its core technologies.

Work Mate
This service helps protect the safety of individual workers at manufacturing and construction sites via a smartwatch. Analyzing vital data acquired through proof-of-concepts, we have developed an original algorithm that can detect signs of heatstroke before it occurs and are now offering this as a service. Workers' individual characteristics are analyzed through AI and signs of poor physical conditions are automatically detected, so health-related work injuries can be prevented. Furthermore, this service is capable of measuring levels of accumulated fatigue and the risks of slipping/falling down. The additional development of new physical condition indicators is underway, and we are in the process of rolling out effective, functional services for worksites that utilize vital data and protect the health and safety of customers.

Overseas Energy Unit

Renewable energy business (Overseas)

• #Climate change / Spreading and promoting renewable energy generation

ORIX operators power generation businesses worldwide as a global renewable energy player. Our total global generating capacity for power plants already in operation is 3.7 GW^*1 as of end-March 2023. Our pipeline is 11 GW^*2 at Elawan (100% stake) and 18 GW^*2 at Greenko (20% stake), and we aim to expand our generating capacity at operating plants to 6 GW^*1 by FY2025.3 (7 GW^*1 before projected asset sales).

1. This figure takes ORIX Group's net ownership ratio into consideration. If the project is a joint venture, it also takes into consideration the investment ratio.
2. Gross operating capacity before consideration of ORIX's ownership stake.

Elawan: A strategic platform for ORIX's global renewable energy business
ORIX holds 100% of the issued shares of Elawan Energy S.L. (Elawan) – a global renewable energy company headquartered in Spain. Beginning with Spain, Elawan develops and operates wind and solar power plants in 14 countries around the world with a focus on Europe, North America, and South America. As of March 31, 2023, the company has secured 1,360 MW of projects currently in operation and approximately 11 GW of projects in operation, under construction, or in development. Elawan's strengths lie in its expertise and ability to handle the development to operation process in countries around the world, and the company will play an integral role as a strategic platform in the global expansion of ORIX's renewable energy business.

Related Link

• Elawan Energy S.L.

Greenko: Renewable energy business in India
ORIX has a stake in Greenko Energy Holdings (“Greenko”). Greenko owns one of the India's two major renewable energy operators; it manages renewable power generation facilities with a total capacity of 7,180 MW (as of March 31, 2023) in operation—including solar, wind, and hydro—and has approximately 18 GW in projects in operation, under construction, or in development. Greenko has long-term power purchase agreements (PPA) averaging over 20 years with India's government-run agencies, state-owned power companies, and other entities, establishing high growth potential and a stable income base.
In addition, Greenko is focused on expanding its integrated renewable energy projects (IREP)^*1; a business that supplies electricity from renewable sources, is not affected by weather conditions, and is offered at costs equivalent to thermal power stations and similar facilities. This is achieved by combining renewable energy sources—such as solar and wind power—with pumping-storage hydro^*2. This business is expected to be in high demand from state-owned power companies which have high procurement needs for electricity originating from renewable energy, as well as companies with high levels of environmental awareness such as those under RE100 or advocating net zero carbon.
The renewable energy market in India has reached grid parity^*3 thanks to construction costs being lowered and favorable climate conditions, yielding cost advantages even when compared to thermal power. India's government has set a renewable energy target of 175 GW by 2022 against an already installed capacity of 181 GW in 2022. Installed renewable capacity in 2030 may reach 260 GW based on BloombergNEF's forecast, and India's renewable energy market is expected to further expand going forward.

1. Business which supplies electricity from renewable sources such as solar and wind power with power storage equipment, thereby achieving power supply which can meet demand in manner similar to thermal power generation. Specifically, a portion of the power generated through solar and wind sources is stored and then released into the grid to offset shortages, such as when output varies owing to weather conditions or when power is not generated. This helps ensure stable power generation.
2. This is a power generation method that uses two water reservoirs located at different heights. Water is pumped from the lower reservoir to the higher reservoir, which is then allowed to fall from the higher reservoir into the lower reservoir when necessary.
3. This refers to the situation where the cost of generating electricity using renewable energy is equivalent or lower than the cost of electricity from the existing power grid.

Related Link

• Greenko Group

Ormat: Geothermal power generation business, storage battery business
Geothermal power development is attracting attention globally—not only in North America and Europe, but also in emerging countries in Asia, Africa, Latin America and elsewhere—as a renewable energy generation method that can provide a long-term, stable power supply that is sustainable, unlike fossil fuels. As issues with grid capacity owing to the recent introduction of renewable energy sources remain, storage battery business is expected to grow in the future as a vital method of adjusting electrical power supply and demand.
We are investor in Ormat Technologies, Inc. (“Ormat”), which runs a geothermal power generation business and a storage battery business, among other businesses. Ormat is the world's only vertically integrated geothermal company that engages in the design, manufacture, sales, and installation of geothermal power generation facilities. It also independently carries out geothermal resource development and geothermal power generation. The company has recently expanded its business activities further with a focus on the storage battery business. Ormat is developing its business not only in the U.S. but also in Central America and Africa, and has a total generating and storage battery capacity of 1,450 MW as of March 2023. The company's geothermal power generation facilities have established an installation record with total cumulative generating capacity of approximately 3,200 MW worldwide and hold about 80% of the world's binary power generation installation capacity, the leading share. Through capital participation, we plan to strategically collaborate with Ormat and to promote geothermal power generation businesses in Japan and Asia.

Related Link

• Ormat Technologies, Inc.

Environment Unit

Waste recycling and disposal support business

• #Promoting a circular economy
• #Waste treatment and reduction

In Yorii, Saitama Prefecture, ORIX Environmental Resources Management operates a zero waste^* facility (Yorii Plant) that uses cutting-edge thermal decomposition, gasification and reforming methods. A main feature of the facility is that it achieves a 100% recycling rate by reducing waste to reusable resources through the process of melting or gasifying waste at approximately 2,000℃. It is capable of processing 450 tons of waste per day, making it one of the largest private-sector incineration and melting facilities in Japan.
The waste passes through various processes for reuse as resources such as material for asphalt paving (slag) and road de-icing agent (industrial salts). The purified syngas produced during melting is used to fuel a high-efficiency power generator at an on-site power generation facility, and surplus electricity is sold to a power company. We set strict limits on emissions and minimize environmental loading to the greatest extent possible. We limit dioxins to one-tenth the legal limit and have voluntary restrictions on other emissions as well.
In ORIX Environmental Resources Management, we receive industrial waste from corporations. As our plant is a recycling facility where incineration ash is not produced, and processing is completed within our plant, corporations can rest assured that our plant has reduced environmental impact. In recent years, in response to a growing demand to verify reliable waste disposal, we offer video recordings from waste loading pits and internal platforms which show how the waste is processed.
We accept not only industrial waste but also municipal solid waste such as household waste that exceeds the processing capacity of facilities owned by municipalities. We are enhancing these services to complement municipal waste disposal. Currently, we have contracts with 64 municipalities for the treatment of general waste, including within Saitama Prefecture, Gunma Prefecture, and the Tokyo Tama area. By using ORIX Environmental Resources Management, municipalities can recycle bulky garbage, nonflammable garbage and crushed garbage that has previously been disposed of through simple incineration or dumped in landfills, thus extending the life of the final disposal site. ORIX Environmental Resources Management fulfills a backup function of garbage disposal when large-scale repair of municipal processing facilities and rebuilding is taking place, during which they are shut down. Recently, there is an increasing number of cases where we handle consignment processing of waste due to natural disasters that exceed the processing capacity of municipalities. We have entered into waste treatment backup agreements with multiple municipalities in case of natural disasters. In many of these cases large quantities of waste must be processed in a short period of time. Anticipating the cases where it will be impossible for us to sufficiently handle waste on our own, (for example due to the sole processing capacity limitations of ORIX Environmental Resources Management), we have teamed up with leading private companies which hold processing facilities to build a stable backup system in a wide area.
Zeeklite Co., Ltd., a subsidiary of ORIX Environmental Resources Management, operates one of the largest controlled landfills in Japan. ORIX Environmental Resources Management has thus established an organization that provides final disposal in addition to waste incineration and melting to address a wide range of corporate and local government waste requirements.

• A facility that achieves zero waste by breaking down waste into raw materials and effectively using them.

Data

Amount processed: Approximately 120,600 tons (FY2023.3)
Materials processed: Approximately 65% industrial waste and 35% general waste
Types of resources reclaimed from waste: slag, metal, metal hydroxide, industrial salt, sulfur, purified syngas, electricity

Related Link

• ORIX Environmental Resources Management Corporation(in Japanese)

Biogas power generation facility utilizes waste

• #Climate change / Spreading and promoting renewable energy generation
• #Promoting a circular economy
• #Waste treatment and reduction

In June 2021, ORIX Environmental Resources Management completed the construction of the Yorii Biogas Plant – a dry-type biogas power generation facility utilizing municipal waste with a capacity of 1.6 MW (the largest in Japan^*) in Yorii, Saitama Prefecture. The plant began commercial operation in April 2022 and has an expected generation capacity of 9,800,000 kWh annually.
This facility is a renewable energy power generation plant that utilizes biogas generated by fermenting general waste such as food waste and paper waste with methane bacteria as power generation fuel. Wet-type methane fermentation technology, which has become widespread in biogas power generation facilities, is suitable for the treatment of organic matter with high moisture content, such as livestock excrement and food residue. In contrast, dry-type methane fermentation technology used in this facility enables the extraction of biogas from organic matter with low moisture content—which has been difficult to treat until now—with high efficiency. Through dry biogas power generation facilities, the food retailing industry and the restaurant industry, where foreign materials such as paper and plastic are discharged together, can recycle food without separating food waste and other waste.
The Food Waste Recycling Law in Japan sets targets for reduction and reuse of food waste by industry. According to the fiscal year 2017 results announced by Japan's Ministry of Agriculture, Forestry and Fisheries in 2019, in the food manufacturing industry, food waste can be separated and discharged relatively easily, and therefore reuse in fertilizers and feedstuffs has progressed; as a result, 95% of food waste has been recycled. On the other hand, in the restaurant industry, due to the difficulty of separating food waste and other non-food wastes, commissions of waste processing to wet methane fermentation facilities, fertilizers, and feed-making facilities have yet to progress, and the recycling rate has remained at just over 20%. The operation of this facility contributes to the improvement of the food recycling rate of downstream businesses such as restaurants in the food industry.

• Researched by ORIX

Garbage reuse, recycling and proper processing support / metal recycling

• #Promoting a circular economy
• #Waste treatment and reduction

Support for reuse, recycling and proper disposal of unwanted goods (nationwide recycling system)
ORIX Eco Services has built a Japan-wide network for integrated support for the collection, reuse, recycling, and proper disposal of unwanted goods. The company supports the processing of unwanted goods with locations throughout Japan by centrally managing selection of disposal companies and allocation of their vehicles, price assessment upon sale, cost reduction proposals, and administrative work related to proper disposal. This support helps ensure uniform quality of collection and recycling nationwide as well as preventing improper disposal. We meet diverse customer needs with a network for proper disposal that includes companies involved in collection and transportation, sale of used products, intermediate disposal and recycling.

Blister packaging material recycling business
In Japan, blister packaging sheets are widely used as packaging for ethical pharmaceuticals. However, as the plastic and aluminum are attached using heat processing to form a very tight seal, it can be difficult to separate and dispose of these materials after use. Previously, the only way to dispose of used blister packaging was thermal recycling (utilizing the waste as fuel) or incineration. However, ORIX Eco Services can now utilize technology that strips blister packaging waste of plastic and aluminum, and is promoting material recycling (reusing the waste as a material) at its Funabashi plant and across its nationwide network of firms.

Services for proper disposal of solar panels
ORIX Eco Services offers a nationwide disposal service for used solar panels discharged from solar power stations. Since the Feed-in Tariff System for Renewable Energy was introduced in 2012, solar power generation has spread rapidly. There is a concern that the large-scale disposal of solar panels will begin in the 2030s and demand for proper disposal of solar panels will increase. Unexpected damage caused by recent unusual weather patters has also created large amount of damaged or unusable panels and frames, and ORIX Eco Services has partnered with firms capable of purchasing the scrapped panels, recycling the materials, and processing the waste to properly dispose of it.

On-site contracted services to destroy data on storage equipment
In response to the growing need of local governments and businesses that possess sensitive data, such as personal information, regarding the proper processing of data storage equipment, ORIX Eco Services offers on-site contracted services to destroy data on storage equipment using special vehicles. In this service, we install a shredding machine in a special vehicle that we have developed, and dispatch the vehicle to a designated location to destroy the data on the storage device in the presence of the customer. In addition to the magnetic destroyers and physical destroyers of HDDs (Hard Disk Drives), the vehicles are also equipped with a shredder that can destroy SSDs (Solid State Drives), which are typically difficult to destroy. Surveillance cameras have been installed to confirm the destruction of the sensitive data in real time, and these cameras also allows to appropriately track the movements of workers.

Metal recycling (ORIX processing facilities)
ORIX Eco Services operates intermediate disposal facilities in Funabashi City, Chiba Prefecture and Kasukabe City, Saitama Prefecture that mainly handle metal waste such as machinery and office automation (“OA”) equipment. The company sorts high-quality metals from machinery and other waste composed of multiple metals by conducting all stages of disposal from collection and storage to primary processing and material recycling.
For machinery that contains rare metals, such as OA and information technology equipment, the company conducts all stages of processing from disassembly and data erasure to breaking down into raw materials, as well as sorting of materials for recycling.
ORIX Eco Services also operates stockyards in Urayasu City, Chiba Prefecture and Kobe City, Hyogo Prefecture, which centralize collection of OA and IT equipment. These facilities undertake waste management operations in line with customer needs, such as identification and inspection upon intake and data removal from storage devices in PCs or servers. Through these efforts, we work to reduce waste volumes by separating out and reselling items which have value.

Related Link

• ORIX Eco Services Corporation(in Japanese)

Powering recycling plants with 100% renewable energy

• #Climate change / Reducing GHG emissions

There is growing societal demand for environment friendly initiatives such as reductions in CO₂. As such, ORIX Eco Services (OES) has decided to convert its two recycling plants— Funabashi Plant and Kasukabe Plant—to use electrical power generated from 100% renewable energy (including the use of non-fossil certified renewable energy sources); they are therefore now powered by CO₂-free electricity. In the future, OES plans to source the electrical power used by these recycling plants from Agatsuma Biomass Power Plant and other renewable energy power plants owned by ORIX Group.