Nidec Sustainability Profile
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 64 is higher than 79% 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. Nidec has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 42% from FY2022 levels by FY2030. 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 goal of limiting global warming to 1.5°C. The SMART 2030 Project is a key initiative, targeting a 30% reduction in total CO2 emissions compared to FY2017 by FY2030. Furthermore, Nidec aims for carbon neutrality in its business activities (Scope 1 and 2) by FY2040 and plans to achieve net zero emissions across its entire supply chain (Scope 3) by FY2050. Nidec's emissions data is sourced directly from the company, with no cascaded data from parent organizations. The company is headquartered in Japan and operates within the electrical equipment and machinery sector, demonstrating a commitment to sustainability and climate action.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 88,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 591,000,000 | 000,000,000 | 0,000,000,000 | 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 |
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Nidec's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nidec has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Nidec's sustainability data and climate commitments