2024/05/23

Nitto Denko Corporation (Headquarters: Osaka-shi; President: Hideo Takasaki; hereinafter Nitto) is an international initiative “RE100 (100% Renewable Energy)” which aims to make 100% of the electricity used in business activities renewable energy with the aim of realizing a decarbonized society^※1CO throughout the supply chain with a view to joining” and setting Scope 3 targets₂“Science Based Targets (hereafter, SBT) for managing and reducing emissions^※2I would like to inform you that applications for certification by “)” have started.

The Nitto Group places ESG (environment, society, governance) at the center of management, and aims to balance solving social issues and creating economic value. Climate change, centered on global warming, is an issue common to all humankind, and it is necessary to resolve it in order to pass on a rich earth to the next generation. Recently, in order to accelerate decarbonization activities, along with joining “RE100,” which promotes social implementation of renewable energy, we have applied for SBT certification not only for our company but also for zero environmental impact throughout the supply chain.

In May 2022, “Nitto Group Carbon Neutral 2050”^※3Among the medium-term management plans declared and announced in 2023, “CO” is an unfinancial target₂“Reducing emissions” is our policy. CO emissions are unavoidable in manufacturing processes to ensure carbon neutrality by 2050₂As a result of implementing various measures along with the development of negative emission technology to collect and remove it, it is now visible that the 470 kilton target will be achieved ahead of schedule. In order to strengthen efforts to prevent climate change, the initial target “emissions of 470 ktons” for 2030 has been brought forward to 2025, and a new “emissions of 400 kton” has been set as the target for 2030.

Together with joining international initiatives, the Nitto Group will accelerate activities aimed at realizing a decarbonized society.

References:
～Formulating new goals for a decarbonized society～
Nitto Group Carbon Neutrality 2050 Declaration
Support was also expressed for the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD) (published on 2022/5/19)

• *1 An international initiative that aims to cover 100% of the energy consumed by business activities with renewable energy.
• *2 “Greenhouse gas emission reduction targets” set by companies that are consistent with targets based on scientific evidence adopted in the Paris Agreement (targets to keep the temperature rise below 1.5°C compared to before the industrial revolution)
• *3 SCOPE1+2

Inquiries about news releases

Please be careful
The information posted here is current as of the date of publication. Please be aware that the content may differ from information viewed in other media, etc.