Press Releases

OKI Completes Cancellation of Emission Credits for First Half FY2011

27/09/2011


27 September 2011 – OKI Data Corporation, the parent company of OKI Europe Ltd, announced the cancellation of its emission credits and completed offsetting its FY2011 first half CO2 emissions, through its global carbon-offsetting initiative

Wind turbine

During the period from October 2009 through March 2013, in addition to efforts to cut emissions, OKI Data is seeking to make progress with the Carbon Zero Emissions Facilities initiative. The initiative is intended to achieve zero CO2 emissions at major OKI Data manufacturing facilities. These activities are being carried out at the following three facilities: the Fukushima Plant, OKI Data Manufacturing ( Thailand) and the printer section of OKI Electric Industry (Shenzhen) in China.“We are delighted to have completed cancellation of the emission credits under our Carbon Zero Emissions Facilities initiatives,” says Harushige Sugimoto, President of OKI Data. “OKI Data printers manufactured at these facilities have the ‘Manufactured at a Carbon Zero Facility’ sticker on them as a way to facilitate businesses to understand the importance of managing their carbon. We believe businesses must do their part in conserving the environment for better tomorrow. Moving forward, we will continue pursuing our carbon offsetting activities.”

Through the activities outlined below, OKI Data has offset all 5,477 tons in CO2 emitted from the three manufacturing facilities during the first half of FY2011 (1st April, 2011 – 30th September, 2011). All emission credits are cancelled through K.K. Satisfactory International in the Markit Environmental Registry. (*1) These records are available for inspection by third parties.

Projects associated with FY2011 first half offsetting activities

Project ID

364

Project name

Bundled 15 MW Wind Power Project in India

Country

India

Type of emission credits

VCU (*2)

Qty. (tons)

2,019

Project ID

256

Project name

Mungcharoen Green Power - 9.9 MW Rice Husk Fired Power Plant Project

Country

Thailand

Type of emission credits

VCU

Qty. (tons)

2,652

Project ID

78

Project name

Nobrecel Biomass Energy Project

Country

Brazil

Type of emission credits

VCU

Qty. (tons)

806

On 30th March 2011, OKI Data fcompleted offsetting half of the total amount of CO2 emissions for FY2010 as CO2 emissions for the first half of FY2011.
*2: Voluntary Carbon Unit (VCU): The unit for emission credits issued from greenhouse gas reduction and absorption projects certified under the Voluntary Carbon Standard (VCS). Created by the World Business Council for Sustainable Development (WBCSD) and other organizations, the VCS is a standard for certifying voluntary greenhouse gas reduction and absorption projects.

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