Press release -
Nidec Group's CO2 reduction targets have been validated by SBTi
Nidec Corporation ("Nidec" or the “Company”) today announced that Nidec Group’s CO2 reduction targets have been validated by the Science Based Targets initiative (SBTi), an international climate change initiative. This validation acknowledges our CO2 reduction targets by FY2030, set in March 2024, as science-based targets aligned with the Paris Agreement's "1.5°C target."
CO2 reduction targets by FY2030
Scope 1 and 2 | Reduce 42% by FY2030 (compared to FY2022) |
Scope 3（Category 1 and11） | Reduce 25% by FY2030 (compared to FY2022) |
In "Vision 2025," announced in July 2021, Nidec aimed "To be a top-rated ESG company" as a key strategy and set a target to achieve net-zero in Scope 1 and 2 emissions by FY2040. In March 2024, the Company also set new mid- and long-term CO2 reduction targets, including Scope 3 emissions.
This time, Nidec’s mid-term targets by FY2030 have been validated by SBTi. To achieve the targets, the Company will reduce CO2 emissions in its business operation by implementing renewable energy and energy-saving initiatives. Furthermore, the Company will also work to reduce CO2 emissions across its value chain by developing energy-efficient products, resource-saving products using its light, thin, short, and small technologies, and by using low-carbon materials.
Nidec’s mission is to "contribute to the earth with the world's most powerful motors." Nidec will continue to help achieve a global carbon-neutral society with its technologies and solutions.
For inquiries, please contact: Sustainability Promotion Department
TEL: + 81-75-922-1111
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Nidec was established in Kyoto, Japan in 1973 by its Chairman Shigenobu Nagamori. In 1979, Nidec became the first company in the world to successfully commercialize a direct drive spindle motor for HDDs based on a brushless DC motor. Since then, the company has grown into a world-leading comprehensive motor manufacturer encompassing more than 300 subsidiaries employing over 100,000 people throughout the world and with annual sales exceeding $13B. Nidec's motors, drives, generators and related products are found in a diverse range of applications including computers, smartphones, home appliances, automobiles, manufacturing plants, robots and more.
