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 77% 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. Compared to 2022, where total emissions were about 330,087,000,000 kg CO2e, Nidec has made strides in reducing its carbon footprint. Nidec has set ambitious targets as part of its SMART 2030 Project, aiming for a 30% reduction in Scope 1 and Scope 2 emissions by FY2030, relative to FY2017 levels. Additionally, the company has committed to achieving near-zero emissions for Scope 1 and 2 by the middle of this decade (2025). For the long term, Nidec aims for carbon neutrality across its business activities (Scope 1 and 2) by FY2040 and plans to reduce Scope 3 emissions by 25% from FY2022 levels by FY2030. These commitments align with the Science Based Targets initiative (SBTi), where Nidec has pledged to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2022 baseline, while also targeting a 25% reduction in Scope 3 emissions within the same timeframe. Nidec's emissions data is self-reported and does not cascade from any parent organization, ensuring that the figures reflect the company's direct operational impact. The company is headquartered in Japan and operates within the electrical equipment and machinery sector, contributing to global efforts towards a carbon-free society.
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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.
