Public Profile

Nidec

Nidec Corporation, a global leader in the electric motor industry, is headquartered in Japan and operates extensively across Asia, Europe, and the Americas. Founded in 1973, Nidec has established itself as a pioneer in precision motors, serving diverse sectors such as automotive, industrial, and consumer electronics. The company is renowned for its innovative core products, including small precision motors and large-scale industrial motors, which are distinguished by their high efficiency and reliability. Nidec's commitment to research and development has positioned it as a market leader, achieving significant milestones such as the acquisition of several key companies to expand its technological capabilities. With a strong focus on sustainability and advanced engineering, Nidec continues to drive growth and maintain its competitive edge in the global market.

DitchCarbon Score

How does Nidec's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

51

Industry Average

Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

9

Industry Benchmark

Nidec's score of 51 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Nidec's reported carbon emissions

In 2023, Nidec Corporation reported total carbon emissions of approximately 286,093,000,000 kg CO2e. This figure includes Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of about 791,000,000 kg CO2e, and significant Scope 3 emissions of approximately 53,000,000,000 kg CO2e. Over the years, Nidec has made notable progress in reducing its emissions. From 2017 to 2020, total emissions decreased from about 4,285,000,000 kg CO2e to approximately 2,858,000,000 kg CO2e. In 2021, emissions rose to about 4,750,000,000 kg CO2e, primarily due to a substantial increase in Scope 3 emissions, which reached approximately 53,000,000,000 kg CO2e. Nidec has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030 from a FY2022 baseline. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect Nidec's commitment to addressing climate change and contributing to global efforts to limit warming to 1.5°C. Overall, Nidec's emissions data and reduction initiatives demonstrate a proactive approach to sustainability, with a focus on significant long-term reductions across all scopes of emissions.

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2017201820192020202120222023
Scope 1
92,000,000
00,000,000
00,000,000
00,000,000
0,000
0,000
-
Scope 2
612,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
3,582,000,000
0,000,000,000
0,000,000,000
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nidec's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Nidec is headquartered in JP, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Nidec is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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