Environmental Targets and Achievements

Basic stance

The NIDEC Group formulated a mid-term plan for environmental conservation activities in fiscal year 2004, and has since been working to improve key environmental items in three-year plans. In the Seventh Medium-Term Plan (2022-2024), that began in 2022, we have been working within four frameworks, including environmental management activities and natural environment conservation activities, with a focus on reducing the environmental impact of our business and contributing to the environment through our products.
So far, the mid-term environmental conservation activity plan has targeted NIDEC Group sites, mainly in Japan and Asia. Since we were able to establish a system to collect environmental data from all NIDEC Group sites for the first time in fiscal year 2022, we expanded the scope to all NIDEC Group sites in October 2024 and revised our Seventh Medium-Term Plan for Environmental Conservation Activities. In this revision, the base year has been set to fiscal year 2022, and the target year has been aligned to fiscal year 2025, which is the target year for the KPI for materiality. In addition, with regard to our initiatives, we have expanded the materiality of our "contribution to a sustainable global environment" theme and have expanded our ongoing efforts to reduce our environmental impact.
Specifically, we have set new Scope 3 reduction targets based on SBTi certification, and have also set reduction targets for hazardous waste generation and volatile organic compounds (VOCs) from the perspective of reducing environmental impact and preventing pollution. Additionally, as a step toward formulating and implementing measures to reduce risks related to biodiversity, we have added a goal of "100% implementation of water risk assessments" to our environmental management activities, similar to our materiality initiatives.
The NIDEC Group will continue to promote activities based on its medium-term environmental conservation activity plan, and will address the three themes of "realizing a decarbonized society," "management of waste and hazardous waste," and "addressing water risks" in response to its materiality of "contributing to a sustainable global environment."

As part of these activities, the Nidec Group obtained third-party assurance in accordance with the International Standard on Assurance Engagements (ISAE) 3000 and ISO 14064-3 for greenhouse gas emissions, electricity consumption, renewable electricity consumption, and renewable energy introduction ratio.

For more information for third-party assurance, please click here

In addition, the Nidec Group enjoys high evaluation from the outside, for example, Nidec recognized with highest rating [A] in the CDP2024 climate change and as a “Supplier Engagement Leader” .