Cosmo Oil Marketing and Kanuma City Sign Comprehensive Regional Partnership Agreement to Achieve Zero-Carbon City

Cosmo Oil Marketing Co., Ltd. (President: Naoki Takayama, hereinafter "Cosmo Oil Marketing"), a group company of Cosmo Energy Holdings Co., Ltd. (President: Shigeru Yamada), is pleased to announce that it signed a "Basic Agreement on Comprehensive Partnership for the Realization of a Zero-Carbon City" (hereinafter "this Agreement") with Kanuma City, Tochigi Prefecture (Mayor: Shoichi Matsui) on March 25.

As the first initiative under the agreement, starting April 1, Cosmo Oil Marketing will supply its renewable energy-derived electricity plan, "Cosmo Denki Business Green" (*1), to public facilities in Kanuma City. This is expected to enable Kanuma City to reduce its annual CO2 emissions by approximately 870 tons.

【Main Contents of the Agreement】

Under this agreement, the parties will collaborate and cooperate on the following items:

(1) Promotion of a zero-carbon city

(2) Promotion of a regional circular and symbiotic society

(3) Environmental education for citizens

Furthermore, to achieve the above objectives, measures will be advanced in the following areas:

(1) Initiatives for energy circulation within the region

(2) Initiatives related to the recycling of waste cooking oil

(3) Initiatives to reduce the environmental impact of official city vehicles

(4) Initiatives to supply low-carbon energy to city facilities, etc.

【Initiatives of Both Parties】

With the formulation of the 5th Kanuma City Environmental Basic Plan, Kanuma City aims to reduce its greenhouse gas emissions in fiscal year 2030 by 46% compared to fiscal year 2013 (Regional Policy section). This agreement promotes initiatives to achieve this goal, and aims to achieve a "zero-carbon city" with "effectively zero carbon dioxide emissions" by 2050.

To further promote Kanuma City's transition to a zero-carbon city, Cosmo Oil Marketing will proceed with concrete discussions with Kanuma City regarding the introduction of its "Cosmo Zero-Carbo Solution" product (*2).

Moving forward, the Cosmo Energy Group will continue to promote various initiatives in collaboration with local governments and companies to achieve carbon neutrality by 2050.

*1 About "Cosmo Denki Business Green": This is a service that effectively achieves zero CO2 emissions by adding environmental value through the use of non-fossil fuel certificates for designated renewable energy. By purchasing non-fossil fuel certificates equivalent to or greater than the customer's total annual sales volume and using them in conjunction with the sale of electricity, all electricity used will have the environmental value of being derived from substantially renewable energy sources.

URL: https://www.cosmo-denki.com/business/low/green/

*2 About "Cosmo Zero-Carbo Solution": In collaboration with regional authorized dealers, we provide a one-stop solution for corporations and local governments, offering peripheral products such as renewable energy EVs...