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- CO₂ Emissions and Reduction Efforts
CO₂ Emissions and Reduction Efforts
CO2 Emissions Reduction Target (Scope 1 and 2)
The Nissha Group has identified Responding to Climate Change as a materiality and has been working to reduce our total CO2 emissions by 30% of their 2020 levels by 2030. As a result, we reached our target in 2024, ahead of schedule, and so set a new target of a 60% reduction by 2035 of their 2020 levels.
To promote specific activities towards this target, we have established a cross-functional ESG Task Force under the Sustainability Committee, which is chaired by the President and CEO, and addressed climate change. The ESG Task Force is promoting actions to reduce our Scope 1 and Scope 2 CO2 emissions, and to identify relevant Scope 3 categories and calculate CO2 emissions in our supply chain.
Going forward, we will steadily expand the use of renewable energy and implement energy-saving initiatives at our production bases in Japan and overseas. By carefully evaluating their costs and effectiveness, we will pursue impactful measures that contribute to the realization of a sustainable society.
To promote specific activities towards this target, we have established a cross-functional ESG Task Force under the Sustainability Committee, which is chaired by the President and CEO, and addressed climate change. The ESG Task Force is promoting actions to reduce our Scope 1 and Scope 2 CO2 emissions, and to identify relevant Scope 3 categories and calculate CO2 emissions in our supply chain.
Going forward, we will steadily expand the use of renewable energy and implement energy-saving initiatives at our production bases in Japan and overseas. By carefully evaluating their costs and effectiveness, we will pursue impactful measures that contribute to the realization of a sustainable society.
Summary of Emission
The Nissha Group’s CO2 Emissions Reduction Target and Results
(Scope 1 and 2)
Emissions Reduction Efforts (Scope 1 and 2)
As a measure to reduce CO2 in the Nissha Group in Japan, Nissha Industries, Inc. Koka Factory, a production base for our Industrial Materials business, has been using 100% renewable electricity since FY2022. The factory is also working to reduce its gas consumption by replacing its old deodorizing equipment with a heat-storage type system in December 2023. Nissha Precision and Technologies, Inc. Himeji Factory and Kaga Factory, production bases for our Devices business, switched to 100% renewable electricity for the factories in December 2023. In addition, the factory consolidation associated with changes in business activities has contributed to the reduction of CO2 emissions.
Within the Nissha Group overseas, Nissha (Kunshan) Precision IMD Mold Co., Ltd. (China), a production base for the Industrial Materials business, has been generating solar power since 2018, and Nissha Metallizing Solutions N.V. (Belgium) replaced part of its electricity with solar and wind power in 2023. 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. Moreover, Nissha Advanced Technologies Europe GmbH (Germany) has brought in solar power generation as of 2024.
In addition, we are switching to LED lighting and upgrading aging facilities with energy-efficient equipment to contain electricity consumption. The ESG Task Force will continue serving as a driving force to promote our responses as we verify costs and effects.
Within the Nissha Group overseas, Nissha (Kunshan) Precision IMD Mold Co., Ltd. (China), a production base for the Industrial Materials business, has been generating solar power since 2018, and Nissha Metallizing Solutions N.V. (Belgium) replaced part of its electricity with solar and wind power in 2023. 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. Moreover, Nissha Advanced Technologies Europe GmbH (Germany) has brought in solar power generation as of 2024.
In addition, we are switching to LED lighting and upgrading aging facilities with energy-efficient equipment to contain electricity consumption. The ESG Task Force will continue serving as a driving force to promote our responses as we verify costs and effects.
