Nof

NOF is a chemical company based in Japan that is committed to climate action. The company has set ambitious targets to reduce its environmental impact.

Emissions Data:

• 2024: NOF reported total emissions of approximately 1.09 billion kg CO2e. This includes Scope 2 emissions of about 124 million kg CO2e (location-based) and Scope 3 emissions of approximately 972 million kg CO2e.
• 2023: Total emissions were approximately 701 million kg CO2e, comprising Scope 2 emissions of around 129 million kg CO2e (location-based) and Scope 3 emissions of about 600 million kg CO2e.
• 2022: Scope 1 and 2 emissions totalled approximately 175 million kg CO2e, with Scope 2 emissions being about 133 million kg CO2e (location-based). Scope 3 data was not disclosed for this year.
• 2021: Total emissions were approximately 662 million kg CO2e, with Scope 1 at about 55.6 million kg CO2e, Scope 2 at roughly 103.6 million kg CO2e, and Scope 3 at approximately 60.2 million kg CO2e.
• 2020: Scope 1 and 2 emissions were approximately 187 million kg CO2e.
• 2019: Total emissions were approximately 233.9 million kg CO2e, with Scope 1 at about 52.7 million kg CO2e, Scope 2 at around 102.9 million kg CO2e, and Scope 3 at approximately 58.9 million kg CO2e.
• 2013: Scope 1 and 2 emissions were approximately 202 million kg CO2e.

Climate Commitments and Reduction Targets:

NOF Group is working towards a sustainable future with key climate commitments:

• Carbon Neutrality by 2050: The company aims to achieve carbon neutrality by 2050.
• Greenhouse Gas Emission Reduction: NOF has set a mid-term target to reduce greenhouse gas emissions by 40% from the fiscal year 2013 level by fiscal year 2030. This aligns with Japan's national policy to reduce emissions by 46% compared to the fiscal year 2013 level by 2030 and achieve carbon neutrality by 2050.
• Roadmap Development: The company is preparing a roadmap to support these targets, with plans extending up to fiscal year 2030 within its 2022 Mid-term Management Plan.