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- CO2 Emissions and Reduction Efforts
CO2 Emissions and Reduction Efforts
CO2 Emissions Reduction Target
The global movement towards a decarbonized society by reducing greenhouse gases in response to the Paris Agreement is progressing. The Nissha Group regards addressing climate change as one of its most important management issues and our Sustainability Vision (long-term vision) aims for a 30% reduction in CO2 emissions by 2030 (compared to 2020).
To promote specific activities towards this vision, we have established an 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.
Our target for the fiscal year ended December 2024 was a 12% reduction compared to 2020, but a reduction rate was 48.4%, significantly exceeding the target. The use of 100% renewable energy year-round at our major production bases in Japan contributed significantly to this.
In the fiscal year ending December 2025, we shall set a new target while continuing to advance domestic energy-saving measures and renewable energy initiatives at overseas production sites. We will continue to promote our responses as we verify costs and effects.
Summary of Emission
The Nissha Group’s CO2 Emissions Reduction Target and Results
(Scope1 and 2)
Emissions Reduction Efforts
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, 100% renewable electricity has been used continuously since FY2022, and is also working on reducing its gas consumption, having updated the old-style deodorizing equipment with a heat storage type as of 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.
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.
