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Nidec Corporation, commonly referred to as Nidec, is a leading Japanese company specialising in the manufacturing of motor vehicle electrical and electronic equipment. Headquartered in Kyoto, Japan, Nidec operates globally, with significant presence across Asia, North America, and Europe, serving a diverse range of automotive and industrial markets.
Founded in 1973, Nidec has established itself as a key player in the industry through continuous innovation and strategic acquisitions. Its core products include high-precision motors, electronic components, and powertrain solutions, recognised for their reliability and technological advancement. Nidec’s market position is reinforced by its reputation for quality and its role as a critical supplier to major automotive manufacturers worldwide.
-10 vs industry average
Nidec’s score of 48 is lower than 36% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Electrical and Electronic Equipment Manufacturing has typical carbon intensity
The Motor Vehicle Electrical and Electronic Equipment Manufacturing industry has reduced its overall emissions by 29% since 2018
Scope 3 accounts for ••• of total emissions.
Nidec, a Japanese Motor Vehicle Electrical and Electronic Equipment Manufacturing company, reported total emissions of approximately 269.58 billion kg CO2e in 2024. This figure includes Scope 1 emissions of approximately 235 million kg CO2e, market-based Scope 2 emissions of approximately 749 million kg CO2e, and Scope 3 emissions of approximately 268.59 billion kg CO2e. This represents a decrease from their 2023 total emissions of approximately 282.49 billion kg CO2e.
Nidec has set ambitious climate commitments and reduction targets. The company aims to achieve net-zero CO2 emissions from its business activities (Scope 1 and 2) by fiscal year 2040 and net-zero CO2 emissions across its entire supply chain (Scope 3) by fiscal year 2050.
In line with Science Based Targets initiative (SBTi) commitments, Nidec aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by fiscal year 2030, using fiscal year 2022 as a base year. Additionally, they are committed to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe. These near-term targets for Scope 1 and 2 are consistent with reductions required to keep warming to 1.5°C.
Further, Nidec's "SMART 2030 Project" aims to reduce total CO2 emissions from business activities (Scope 1 and 2) by 30% compared to fiscal year 2017 levels, by fiscal year 2030. The company also aims to increase the introduction ratio of renewable energy to 40% on a consolidated basis by fiscal year 2025.
2030
42% reduction in Scope 1
Nidec Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year. Nidec Corporation also commi…
2030
25% reduction in scope 3 total
Nidec Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year. Nidec Corporation also commi…
2030
42% reduction in Scope 2
Nidec Corporation commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year. Nidec Corporation also commi…
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Common questions about Nidec’s sustainability data and climate commitments
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