Nichias

Nichias Corporation (JP), a company operating in the construction work (45) industry, has established near-term science-based targets aligned with a 1.5°C warming scenario. These commitments, set against a Fiscal Year 2021 base year, aim for an absolute reduction of 42% in Scope 1 and 2 greenhouse gas (GHG) emissions by FY2030. Additionally, Nichias is targeting a 25% reduction in absolute Scope 3 GHG emissions within the same timeframe, focusing on purchased goods and services, fuel and energy-related activities, and the use of sold products.

For the reporting year 2024, Nichias reported total GHG emissions of approximately 93.1 billion kg CO2e. This figure comprises Scope 1 emissions totalling approximately 31 million kg CO2e, Scope 2 emissions of approximately 11.6 million kg CO2e (using the location-based method) or approximately 89 million kg CO2e (using the market-based method). Scope 3 emissions were significant, with notable contributions from the use of sold products (approximately 496 million kg CO2e), capital goods (approximately 322 million kg CO2e), and fuel and energy-related activities (approximately 92 million kg CO2e). Other disclosed Scope 3 categories include processing of sold products, downstream transportation and distribution, purchased goods and services, waste generated in operations, end-of-life treatment of sold products, employee commute, and business travel.

Historical emissions data indicates Scope 1 and 2 emissions were approximately 224 million kg CO2e in 2023, 230.7 million kg CO2e in 2022, 268.2 million kg CO2e in 2021, and 223.2 million kg CO2e in 2020. Prior to 2020, Scope 1 and 2 emissions generally ranged between approximately 157 million kg CO2e and 259.6 million kg CO2e annually from 2012 to 2019.