ESG stands for Environmental Social and Governance. It is a general term used to measure the sustainability and ethical, environmental impact of businesses on society. Socially responsible investors make investment decisions using ESG criteria. This section discusses Nidec's key approaches to managing its E aspects.
Environmental Philosophy And Environmental Policy
With a keen awareness that ongoing conservation of the global environment is a task common to all humankind, we will fulfill our social responsibilities by working to reduce environmental load by carrying out eco-friendly business activities.
Nidec considers ISO14001, an international standard on the environment, as the framework for its environmental management system, and promotes the acquisition, maintenance, and management of the ISO14001 qualification.
Sixth Medium-term Environmental Conservation Plan
Nidec set its targets in the four areas of (i) environmental management, (ii) business-based environmental burden reduction, (iii) product-based environmental contribution, and (iv) environmental conservation, and is taking action to achieve its fifth medium-term environmental conservation plan.
Nidec issued Green Bonds to raise funds required for businesses that help solve environmental problems such as global warming.
In 2019, the Nidec Group launched its new strategic climate change initiative, SMART2030, to accelerate the pace of its decarbonization while eyeing an electric future.