FUJIFILM Holdings Corp. has announced that it is offsetting 100% of its group companies' electricity usage in the United States and Canada through renewable energy certificates from a Texas-based solar project.

This step in lowering Fujifilm's global carbon footprint was realized through a previously announced Virtual Power Purchase Agreement (VPPA) between FUJIFILM Holdings America Corp. and Minnesota-based Geronimo Power whereby Fujifilm supports the generation of 300,000 MWh annually from the Blevins Solar & Storage Project.

"As this project comes online, it aligns with Fujifilm's transition strategy, combining support for the development of new renewable electricity capacity with broader efforts to achieve measurable reductions in the environmental impacts of our operations over time," said Chisato Yoshizawa, director, corporate vice president and general manager, Environmental, Social & Governance (ESG) Division, FUJIFILM Holdings Corp.

The VPPA is estimated to correspond to approximately 90,000 metric tons of CO2 emissions per year on a market-based accounting basis. This represents approximately 10% of the Fujifilm Group's global annual CO2 emissions based on fiscal year ended March 2025 data.

Geronimo Power completed construction on the 2,300-acre solar park in late 2025, with the site becoming fully operational in March 2026. Under the VPPA, Fujifilm purchased approximately 46% of the project's nameplate capacity, or 125 MW of renewable energy attributes, from Geronimo Power.

"The Blevins project reflects Geronimo's commitment to building energy infrastructure that delivers real value to communities," said Gemma Smith, vice president of operations, Geronimo. "Working alongside partners such as Fujifilm and Bristol Myers Squibb, we're delivering dependable power and meaningful economic investment while advancing our shared commitment to community-focused, responsibly built clean energy."

Under its Corporate Social Responsibility (CSR) plan, Sustainable Value Plan 2030, FUJIFILM Holdings has established specific targets and initiatives that address climate change and promote circular resource use. These steps include achieving net-zero GHG emissions from operations (Scope 1 and 2) by fiscal year 2040 and reducing GHG emissions across the entire product life cycle by 50% (compared to fiscal year 2019 level) by fiscal year 2030.

"At Fujifilm, we have a proud history that spans nearly a century — leveraging our excellence in imaging to become a global leader across health care, life sciences and advanced materials," said Girish Menon, senior director of environmental health and safety, FUJIFILM Holdings America Corp. "Yet our purpose has always remained the same — to create and support technologies that improve lives and bring the world more smiles. This power purchase agreement turns our purpose into action by supporting new, renewable electricity that advances our energy strategy and helps sustain Fujifilm's broader decarbonization efforts across North America."