-Aim at zero environmental impact over the entire supply chain and contribute to the development of a sustainable society-
The Nitto Group will endeavor to do the following:
No manufacturing business can avoid impacting the environment through the use of energy and resources or the emission of CO2 and waste. Meanwhile, climate change and other environmental challenges are rapidly emerging. Working to reduce environmental impact is a social mission for businesses and, as such, we must constantly apply originality and ingenuity.
The Nitto Group laid out in the Basic Policy on Environment its intention to aim at zero environmental impact by expanding the scope of its activities from within the Group to cover the entire supply chain and contribute to the realization of a sustainable society as it taps into its proprietary technologies and knowledge thus far accumulated.
In order to promote these initiatives, it is essential that each employee understands the environmental impact of their work. Therefore, we aim to continually raise environmental awareness through training and education programs. Additionally, we will promote regular disclosure of information to external stakeholders through TCFD recommendations, which are in line with international information disclosure standards and our Sustainability Data Book.
Additionally, when expanding our business through M&A, we will identify potential environmental risks and conduct due diligence to address them appropriately.
To solve environmental issues, the Group is formulating and promoting short- to medium-term and long-term strategies including environment for each issue by establishing a sustainability governance system, where the Corporate Strategy Meeting body (the President and COO serves as the chair of the Corporate Strategy Meeting) plays the central role under the direction and supervision of the Board of Directors (the Chairman of the Board and CEO serves as the chair of the Board of Directors).
To enhance the effectiveness of our environmental initiatives, we have set up the Global Green Committee chaired by the officer in charge of environmental affairs. Working alongside departments that oversee ESG management and procurement, as well as business execution departments and regional headquarters, this Committee develops strategies and implements and promotes measures to solve issues.
The Board of Directors is responsible for decision-making regarding Environmental management policies as well as material matters related to Environmental management indicators and targets, such as the mid-term management plan and support for initiatives. Each quarter, it provides periodic directions, and conducts supervision, concerning the Environmental targets (future-financial targets) of the mid-term management plan as well as the status of progress toward target achievement, and, as necessary, takes additional steps if a material matter arises.
The Corporate Strategy Meeting is responsible for deliberation and decision-making regarding specific policies and measures for action based on Environmental management policies and indicators, as well as managing risks and opportunities and monitoring initiative progress on a monthly basis. It provides periodic reports––on a quarterly basis––to the Board of Directors about the content of its deliberations and decisions and the progress of initiatives, and, as necessary, provides additional reports if a material matter arises.
We appoint an officer in charge of promoting Environmental initiatives, and also have a special function department responsible for implementing those initiatives that serves as a department in charge of the environment. The Nitto Group's governance structure is as follows.
Governance Structure
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The Group has set “responding to climate change” as one of its material issues for sustainability and believe that reducing GHG emissions, a cause of global warming, is essential for a sustainable growth and the realization of a sustainable environment and society, and that it is an important social responsibility. Therefore, the Group aims to achieve carbon neutrality in our GHG emissions (Scope 1+2) by 2050, and has declared the Nitto Group Carbon Neutral 2050.
In addition, we have set targets for 2030 of 330 kt or less for GHG emissions (Scope 1), 70 kt or less for GHG emissions (Scope 2), and 1,460 kt or less for GHG emissions (Scope 3).
At the Nitto Group, approximately 50% of waste is petroleum-derived plastic products. We aim to realize a circular society by reducing consumption of natural resources and promoting efficient use and recycling. For this reason, we have set resource utilization ratio as an environmental target and are actively working towards it. Additionally, in order to respond to rising raw material prices, the risk of difficulties in procuring them, and the growing demand for technologies and products related to the circular use of resources and materials, we have set environmental targets for the sustainable material procurement ratio.
*Please refer to the Integrated Report for progress towards environmental targets.
To achieve its environmental targets, the Nitto Group's environmental departments within each business operating entity take the lead in carrying out environment and safety activities in accordance with ISO 14001, with the company-wide environmental department promoting and supporting these activities.
We have obtained ISO 14001 certification in order to effectively implement environmental initiatives, including PDCA, improving environmental performance, preventing pollution, and complying with environmental laws and regulations. By March 2001, all domestic business locations and major domestic group companies had obtained certification.
Additionally, our overseas offices are currently in the process of obtaining certification, with all offices in Europe having completed certification.
*Please see here for the certification status.
The Nitto Group uses environmental labeling to make environmental information about its products visible.
The Nitto Group has developed a new certification scheme for products that contribute to the environment and humanity. By visualizing the environmental contribution of the products and services produced by the Nitto Group and certifying products and services that make an especially large contribution as PlanetFlags, we will materialize our initiatives in addressing key sustainability issues.
＊For details, please refer to PlanetFlags/HumanFlags (products that contribute to the environment and humanity).
COLOCOLO Eco: An environmentally friendly product that uses biomass raw materials as adhesive
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The Nitto Group places great importance on consideration for global environmental conservation in its procurement activities in order to fulfill its corporate social responsibilities. Our "Basic Procurement Policy," which outlines our procurement activities, stipulates that we will promote green procurement as part of our initiatives to protect the global environment. By promoting green procurement, we provide our customers with environmentally friendly products and contribute to protecting the global environment throughout the entire supply chain.
*Please refer to the Green Procurement Standards for details.
In order to promote environmental initiatives, the understanding and cooperation of each and every employee is essential. Therefore, we aim to continually raise environmental awareness through training and education programs.
In addition to providing specialized training for the Environmental Control Department and handling of hazardous substances, we also provide e-learning-based educational programs aimed at promoting understanding of the impact of business activities on the environment and ecosystems and the initiatives being made to address these issues. Up until now, the target audience was a part of employees who were judged to be required to take the course, but from the 2024 fiscal year onwards, the target audience will be expanded to all employees in Japan and globally, in an effort to improve literacy and environmental awareness.
At the Nitto Group, we are working to raise environmental awareness based on the idea that in order to promote environmental initiatives and achieve our environmental targets, it is important for each employee to take environmental issues personally and act in conjunction with their work.
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