#Japan #Tokyo #GHG Reduction #Nichias Group #SBT Certification

Nichias Group Achieves SBT Certification for Environmental Goals

Nichias Group has recently made significant strides in its commitment to sustainability by obtaining Science Based Targets initiative (SBTi) certification for its greenhouse gas (GHG) emission reduction targets by 2030. This certification serves as recognition that the company’s goals align with the Paris Agreement's target of limiting global warming to 1.5 degrees Celsius.

Overview of Nichias Group's SBT Goals

The company has laid out specific GHG reduction goals, categorized into different scopes:

• - Base Year: 2021
• - Target Year: 2030
• - Scope 1 and 2: The goal is to reduce total emissions by 42%.
• - Scope 3: The aim is to achieve a 25% reduction in total emissions, specifically focusing on categories such as purchased goods, energy-related activities, and the use of sold products.

Understanding the Scopes

• - Scope 1: Direct GHG emissions from owned or controlled sources.
• - Scope 2: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed.
• - Scope 3: All other indirect emissions in a company’s value chain (excluding Scope 1 and 2).

Through continuous evaluation and commitment, Nichias Group has demonstrated their proactive approach towards climate change mitigation, adhering to the principles that govern sustainability and responsible business practices.

Aiming for Carbon Neutrality by 2050

As part of its corporate philosophy to contribute to a brighter future for the earth through innovative techniques, Nichias Group aims to achieve carbon neutrality by 2050. This ambitious goal is integral to promoting both sustainable environmental practices and the company's ongoing growth.

To realize this vision, Nichias is making substantial changes, including:

• - Transitioning to decarbonized manufacturing processes.
• - Engaging in energy-saving activities within production facilities.
• - Actively utilizing renewable energy sources.

By adhering to the newly acquired SBT certification, Nichias Group remains steadfast in its goal to further reduce environmental impacts. It is committed to manufacturing practices that prioritize sustainability and GHG emission reductions, ultimately bolstering the transition toward a carbon-neutral society.

Conclusion

The certification marks a pivotal point for Nichias Group, showcasing its dedication to environmental protection and sustainable development. As the company continues to implement its GHG reduction strategies, it reinforces its role as a responsible and forward-thinking leader in promoting climate change solutions. For more information, please visit the official Nichias Group website where this announcement was originally published on March 14.