CO2 Emissions and Reduction Efforts

CO2 Emissions Reduction Target

As a specific activity to realize our Sustainability Vision, we have established and are promoting a Task Force under the Sustainability Committee on the theme of addressing climate change. The Sustainability Committee is chaired by the Chairman of the Board, President and CEO. The Task Force is working to reduce our Scope 1 and Scope 2 CO2 emissions by 3% per year for the realization of our Sustainability Visoin and to identify Scope 3 categories and calculate CO2 emissions in our supply chain.

The Group will promote these initiatives on a global basis, while monitoring global trends relating to the reduction of CO2 emissions, with an eye to introducing even more ambitious targets.

Summary of Emission

The Nissha Group’s CO2 Emissions Reduction Target and Results
(Scope1 and 2)

The Nissha Group’s CO2 Emissions Reduction Target and Results (Scope1 and 2)

Emissions Reduction Efforts

As a measure to reduce CO2 emissions from electricity use, the Nissha Group in Japan has switched all of the electricity used at Nissha Industries, Inc. Koka factory, a production base for the Industrial Materials business, to renewable energy sources in January 2022 and part of the electricity used at Nissha Precision and Technologies, Inc. Kaga factory, a production base for the Devices business, to renewable energy sources in September 2022. We plan to switch to 100% renewable energy sources for electricity used at Nissha Precision and Technologies, Inc. Kaga and Himeji factories by the end of 2023.

At overseas bases, since 2018, Nissha (Kunshan) Precision IMD Mold Co., Ltd. (China), an Industrial Materials business unit production base, has continued to generate solar power, and Nissha Metallizing Solutions N.V. (Belgium) replaced part of its electricity with wind power at its production bases. Nissha Metallizing Solutions S.r.l. (Italy) introduced solar power generation in 2022 and a cogeneration system* in 2023, and is generating electricity through gas combustion and effectively using the waste heat generated to produce hot and cold water.

In addition, we are switching to LED lighting and upgrading aging facilities with energy-efficient equipment to contain electricity consumption. We are also working on Scope 3 grasping.

* A power generation and supply system that produces electricity and heat simultaneously powered by just one primary energy source like gas. All the thermal energy produced by combustion is reused for water heating, air conditioning, and other purposes.

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