Cosmo Oil Marketing to Supply Virtually 100% Renewable Energy-Derived Electricity to Hachioji City ~Contributing to a 7,700-Ton CO2 Emissions Reduction Across 107 Local Schools~

April 1, 2025
Cosmo Energy Holdings Co., Ltd.
Cosmo Oil Marketing Co., Ltd.

Cosmo Energy Group company Cosmo Oil Marketing Co., Ltd. (hereafter, “Cosmo Oil Marketing”) will begin supplying virtually 100% renewable energy-derived electricity to 107 municipal elementary, junior high, and other compulsory education schools in Hachioji City from April 1, 2025¹.

On February 10, 2022, Hachioji City declared itself a “Zero Carbon City,” aiming to achieve net zero carbon dioxide (CO2) emissions by 2050. Furthermore, in March 2023, the city revised its Local Global Warming Prevention Action Plan, strengthening its commitment to building a decarbonized society. 

As an initiative to contribute to this plan, Cosmo Oil Marketing will offer its renewable energy-derived electricity plan, Cosmo Denki (Electricity) Business Green² to 107 municipal elementary, junior high, and other compulsory education schools in Hachioji City. The plan provides renewable energy-derived electricity, endorsed by a non-fossil certificate with tracking information linked to a renewable energy source that falls under Japan’s Feed-in-Tariff (FIT) scheme, such as wind power generated by Cosmo Eco Power Co., Ltd., a Cosmo Energy Group company.

Hachioji Municipal Izumi no Mori Compulsory Education School, to which Cosmo Oil Marketing will begin supplying renewable energy-derived electricity

With the introduction of Cosmo Denki (Electricity) Business Green, annual electricity consumption of approximately 17 million kilowatt-hours (kWh)³ by 107 municipal schools in Hachioji City will be converted to essentially renewable energy-derived electricity. This equates to approximately 29.2% of the electricity used by public facilities within Hachioji City, or an expected CO2 emissions reduction of around 7,700 tons per year.

Going forward, Cosmo Oil Marketing remains committed to supporting local governments and companies in reducing their environmental impact and will continue to undertake various initiatives toward the realization of a decarbonized society.

^{1. The company name on the contract is Cosmo Energy Solutions Co. Ltd.}

^{Cosmo Energy Solutions Co., Ltd. is a 100% subsidiary of Cosmo Oil Marketing and a retail electricity operator that supplies electric power. Cosmo Oil Marketing has entered into a distributor agreement with Cosmo Energy Solutions regarding sales of electric power.}

^{2. About Cosmo Denki (Electricity) Business Green}

^{Cosmo Denki (Electricity) Business Green is a service that helps businesses achieve virtually zero CO2 emissions by providing them with added environmental value in the form of non-fossil certificates and other designated renewable energy certificates. Customers purchase such certificates with a value equivalent to or greater than their total annual sales volume as part of the electricity sales process, thereby receiving proof that all the electricity they use offers environmental value derived almost entirely from renewable energy sources. Since its launch in 2020, the service has been utilized mainly by corporations and local governments seeking to decarbonize their operations. Furthermore, Cosmo Zero Carbon Solution offers a one-stop solution that encompasses renewable energy as well as complementary products and services such as electric vehicles (EVs).}

^{Cosmo Denki (Electricity) Business Green
URL: https://www.cosmo-denki.com/business/low/green/ (available in Japanese only)}

^{Cosmo Zero Carbon Solution}

^{URL: https://www.cosmo-denki.com/business/lp/solution/ (available in Japanese only)}

^{3. Based on estimated electricity consumption at the time of tender notice.}

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(The official language for Cosmo Energy Group's filings with the Tokyo Stock Exchange and Japanese authorities, and for communications with our shareholders, is Japanese. We have posted English versions of some of this information on this website. While these English versions have been prepared in good faith, Cosmo Energy Group does not accept responsibility for the accuracy of the translations, and reference should be made to the original Japanese language materials.)