Group Sustainability Strategy
Sustainable Procurement, Sourcing and Packaging / Regulatory Compliance / Group Sustainability Strategy
Group sustainability objectives
To achieve our sustainability objectives, Nidec Corporation Japan has established a Group ESG materiality steering committee. This committee monitors our progress towards:
- Realising a carbon-free society.
- Providing products and services that adapt to social changes.
- Respecting human rights and promoting diversity.
- Building a competitive, international supply chain to address social issues.
- Ensuring compliance with all laws and regulations.
- Renewable energy: Achieve 100% usage in manufacturing by 2040.
- Circular economy: Implement circular economy practices across all operations.
Group sustainability strategy
Environmental commitments
- Carbon footprint: Reduce by 30% by 2030.
- Increase energy efficiency in products by 20%.
- Achieve zero waste to landfill in all manufacturing facilities.
Social commitments
- Ensure 40% of leadership roles are held by women by 2025.
- Implement comprehensive health and safety training programs across all sites.
- Increase community engagement and development projects by 50%.
Governance commitments
- Maintain 100% compliance with global governance standards.
- Implement annual ethical training for all employees.
- Enhance transparency in reporting and stakeholder engagement.
Key performance indicators (KPIs)
- Track progress on all environmental, social, and governance commitments.
- Quarterly review of KPI achievements and adjustments.
- Publish group annual sustainability report detailing progress and future plans.
Group sustainability goals
Carbon emissions
- Achieve a 42% reduction in Scope 1 and 2 CO2 emissions compared to FY2022 levels.
- Aim for a 25% reduction in Scope 3 CO2 emissions compared to FY2022 levels by FY2030.
- Increase the use of renewable energy to 40% by FY2025 and 80% by FY2030.
Energy efficiency
- Improve energy efficiency across all facilities by implementing energy-saving tools and best practices.
- Increase renewable energy consumption through on-site generation and regional implementation.
Waste management
- Establish a business system to effectively reuse raw materials.
- Minimise the use of containers and packaging materials and promote thorough recycling of waste.
Productivity improvement
- Increase sales and operating profit per employee by 30% by FY2022 and double them by FY2025.
- Implement advanced energy-efficient technologies in product lines, especially focusing on the automotive sector with electric power steering and EV traction motors.
ESG goals
- Strengthen governance and achieve carbon neutrality in operations by 2040.
- Apply for Science Based Targets initiative (SBTi) certification for medium-term goals.
Group ESG metrics & reporting
As part of a global corporation, Nidec Drives Environmental Society and Governance (ESG) is reported at group level. Please visit ESG Data List for our ESG data.