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.
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.
Industry Benchmark
Nidec's score of 59 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nidec's reported carbon emissions
In 2023, Nidec Corporation reported total carbon emissions of approximately 286,093,000,000 kg CO2e. This figure includes 269,000,000 kg CO2e from Scope 1 emissions, 791,000,000 kg CO2e from Scope 2 (market-based), and a significant 285,033,000,000 kg CO2e from Scope 3 emissions. In comparison, the previous year, 2022, saw total emissions of about 330,087,000,000 kg CO2e, indicating a reduction in emissions. Nidec has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, using FY2022 as the baseline. Additionally, the company plans to cut its Scope 3 emissions by 25% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit temperature rise to 1.5°C. Furthermore, Nidec has committed to achieving net-zero emissions from its business activities (Scope 1 and 2) by FY2040 and aims for net-zero emissions across its entire supply chain (including Scope 3) by FY2050. The SMART 2030 Project is a key initiative under which Nidec seeks to reduce total CO2 emissions by 30% compared to FY2017 levels by FY2030. Overall, Nidec's climate strategy reflects a strong commitment to sustainability and carbon reduction, positioning the company as a proactive player in the electrical equipment and machinery sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 88,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 591,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,176,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
