NEC

NEC Carbon Emissions and Climate Commitments

NEC, a Japanese company operating in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" sector, is actively engaged in addressing its carbon emissions and climate impact. The company has set ambitious targets aligned with global climate initiatives.

Emissions Data:

For the fiscal year 2025, NEC reported total GHG emissions of approximately 5.42 billion kg CO2e. This figure is comprised of:

• Scope 1: Approximately 16 million kg CO2e.
• Scope 2: Approximately 165 million kg CO2e (market-based).
• Scope 3: Approximately 5.23 billion kg CO2e, with purchased goods and services being the most significant contributor at around 3.95 billion kg CO2e.

In fiscal year 2024, NEC's total emissions were approximately 5.96 billion kg CO2e, with Scope 1 at 20 million kg CO2e and Scope 2 at approximately 206 million kg CO2e.

Climate Commitments and Reduction Targets:

NEC has committed to significant GHG emission reductions and achieving net-zero emissions. Key commitments include:

• Science Based Targets initiative (SBTi): NEC has SBTi-approved targets. They commit to reducing absolute Scope 1 and 2 GHG emissions by 55% by FY2030/31 from a FY2017/18 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions (specifically purchased goods and services, fuel and energy-related activities, and use of sold products) by 33% within the same timeframe. More recent targets from FY2024 indicate a commitment to reduce absolute Scope 1 and 2 GHG emissions by 63.6% by FY2034, and Scope 3 emissions by 63.6% within the same timeframe, using FY2024 as a base year. Furthermore, NEC has also committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2040 from a FY2020 base year, with a corresponding 90% reduction in Scope 3 emissions.

• Net-Zero Emissions: NEC is a signatory to The Climate Pledge and has committed to reaching net-zero carbon emissions across its value chain by 2040. This aligns with their declaration to reduce CO2 emissions from business activities (Scope 1 and 2) to effectively zero by 2050.

• Specific Reduction Initiatives: NEC has reported reductions in emissions, such as a Scope 1 and 2 reduction of 31.1% compared to FY2017, and progress towards Scope 3 reduction targets. They also highlight initiatives such as the reduction of plastic waste emissions.

NEC's approach to emissions reporting and target setting demonstrates a clear commitment to mitigating its environmental impact in line with global climate science and corporate responsibility standards.