Taiyo Oil has decided to remain involved in the "Collaborative Forest Restoration with Environmentally Progressive Companies" organized by Kochi Prefecture. We have been part of this project since November 11, 2006.
A tripartite agreement on forest protection and reforestation was concluded on April 15 between Kochi Prefecture, Ino Town and Taiyo Oil. No formal agreement ceremony took place on this occasion.
"Sun(Taiyo)-nurtured Forest of Ino Town" in Kochi
Forest in Ino Town, Agawa-gun, Kochi Prefecture (area of 76.61 ha)
From 1 April 2013 through 31 March 2018
Taiyo Oil has carried out Forest Regeneration Volunteer activities, such as periodic thinning, and organized learning programs using natural materials, at "Sun (Taiyo)-nurtured Forest of Ino Town." We will continue to be involved in these activities, thereby increasing interaction with local Ino citizens and making a greater contribution to both society in general and to the local community.
Note: The amount of CO2 absorbed in fiscal 2011 was 73 tons/year.
Kochi Prefecture, which has the greatest area of woodlands of any prefecture in Japan, launched its Collaborative Forest Restoration Project in 2005, using the "Power of the Forest" mark as its symbol. The goal of the Project is a major revival of the "power of the forest" through activities such as periodic thinning and tree planting, that promote CO2 absorption and foster water sources.