The issuer is solely responsible for the content of this announcement.
JTEKT manufactures and sells bearings, machine tools and systems, and automotive components at locations in Japan and around the world. In addition to enhancing the value of its existing products, the company is pursuing new business initiatives through co-creation with a wide range of stakeholders, aiming to transform into a solutions provider that addresses social challenges by connecting and integrating technologies. Under the slogan "All for One Earth," the JTEKT Group positions the reduction of environmental impact—including the achievement of carbon neutrality—as a key priority and is advancing these efforts on a group-wide basis. To realize carbon neutrality through the reduction of greenhouse gas emissions, the Group is working to reduce CO2 emissions across Scope 1, 2, and 3. In particular, it aims to achieve carbon neutrality by 2035 for Scope 1 and 2 emissions associated with its own production activities.
Headquartered in Singapore, Peak Energy develops, owns, and operates renewable assets across Asia Pacific (APAC). With over 300 MW of operating assets and 1 GW worth of projects in development, our portfolio spans Japan, Korea, Australia, Taiwan, the Philippines, Thailand, Singapore and Indonesia. With activities encompassing the full range of renewable energy business models - including utility-scale development, off-site PPAs, onsite PPAs, and energy storage applications - Peak Energy is a one-stop partner for corporates seeking to decarbonize their operations in APAC. We believe in establishing long-term partnerships with our corporate customers, to accompany them in their decarbonization journey, through cleaner, cheaper energy. An experienced team handles the complete life cycle of our energy assets from origination and development through to operations and decommissioning, employing state-of-the art technology and the industry best practices, respectful of the environment and following world-class HSE standards. Our business practices, technological and HSE standards are standardized across APAC, but we are implemented and operate locally, with teams in seven countries, and lasting partnerships with local customers, EPCs, vendors, channel partners. Peak Energy is wholly owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximatively USD 84 billion of assets undermanagement. Our financial and technical strength coupled with our relationships in local markets allows us to optimize our capital deployment in high quality assets. For more information, please visit https://www.peakenergy.asia.
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