NOK Corporation Achieves First 'A-' Score in CDP 2024 Water Security Assessment
NOK Corporation Receives Prestigious 'A-' Score in CDP 2024's Water Security Segment
In a significant achievement, NOK Corporation, headquartered in Minato, Tokyo, has made waves in the environmental sector by securing its first leadership 'A-' score in the recently released CDP 2024 Corporate Questionnaire. This evaluation, carried out by the international non-profit organization CDP (Carbon Disclosure Project), focuses on companies' environmental impact across various sectors. The organization, headquartered in London, UK, assesses and publishes data on organizations' environmental activities annually, and this year's report saw participation from over 24,800 companies worldwide.
NOK's impressive 'A-' score in the Water Security category stems from its innovative initiatives in reducing water intake, particularly through its subsidiary, Mektek. They have taken substantial steps in managing water usage amid increasing concerns about future water risks. The company has established a comprehensive water management plan aimed at achieving a 14% reduction in domestic water intake and a 5% reduction in overseas water consumption by the fiscal year 2025, compared to the previous year.
Mektek's commitment to minimizing water use encompasses the production of flexible printed circuits (FPC), which typically requires substantial water resources. In addition to optimizing water consumption, NOK is also focusing on recycling wastewater by utilizing its own water purification membranes, contributing to a phased reduction in overall water usage.
NOK Group embodies the philosophy of “Essential Core Manufacturing,” which highlights its role in fostering a safe and comfortable society while pursuing a sustainable future. The company recognizes the environmental impacts of its business operations and strives to mitigate these effects through the advanced technologies it develops. These efforts are part of a larger commitment to sustainability that is integrated across the entire group, which includes 93 companies and roughly 38,000 employees across 15 countries and regions.
In addition to its water management initiatives, NOK has reported a management-level 'B' score in the Climate Change category. This indicates that while there is still progress to be made in their overall environmental performance, the company is making significant strides toward ameliorating its impact on climate change.
NOK Corporation proudly contributes to multiple industries, including automotive, electronics like PCs and smartphones, office automation equipment, healthcare devices, industrial robots, and even satellites. Their extensive product development is founded on years of basic research, ensuring high-quality, stable production.
By continuously pursuing innovative technologies and integrating sustainability into its core operations, NOK aims to enhance its corporate value while contributing to the creation of a sustainable society. The company plans to maintain its global outreach in sustainability initiatives, ensuring that environmental consciousness remains at the forefront of its business strategies.
As the world grapples with the pressing challenges of climate change and resource scarcity, NOK Corporation's proactive stance in water security exemplifies a roadmap for other corporations looking to make meaningful environmental commitments. With its recent acknowledgment by CDP, the company's dedication to building a more sustainable future is not just recognized but serves as an inspiration for the business community as a whole.
In a significant achievement, NOK Corporation, headquartered in Minato, Tokyo, has made waves in the environmental sector by securing its first leadership 'A-' score in the recently released CDP 2024 Corporate Questionnaire. This evaluation, carried out by the international non-profit organization CDP (Carbon Disclosure Project), focuses on companies' environmental impact across various sectors. The organization, headquartered in London, UK, assesses and publishes data on organizations' environmental activities annually, and this year's report saw participation from over 24,800 companies worldwide.
NOK's impressive 'A-' score in the Water Security category stems from its innovative initiatives in reducing water intake, particularly through its subsidiary, Mektek. They have taken substantial steps in managing water usage amid increasing concerns about future water risks. The company has established a comprehensive water management plan aimed at achieving a 14% reduction in domestic water intake and a 5% reduction in overseas water consumption by the fiscal year 2025, compared to the previous year.
Mektek's commitment to minimizing water use encompasses the production of flexible printed circuits (FPC), which typically requires substantial water resources. In addition to optimizing water consumption, NOK is also focusing on recycling wastewater by utilizing its own water purification membranes, contributing to a phased reduction in overall water usage.
NOK Group embodies the philosophy of “Essential Core Manufacturing,” which highlights its role in fostering a safe and comfortable society while pursuing a sustainable future. The company recognizes the environmental impacts of its business operations and strives to mitigate these effects through the advanced technologies it develops. These efforts are part of a larger commitment to sustainability that is integrated across the entire group, which includes 93 companies and roughly 38,000 employees across 15 countries and regions.
In addition to its water management initiatives, NOK has reported a management-level 'B' score in the Climate Change category. This indicates that while there is still progress to be made in their overall environmental performance, the company is making significant strides toward ameliorating its impact on climate change.
NOK Corporation proudly contributes to multiple industries, including automotive, electronics like PCs and smartphones, office automation equipment, healthcare devices, industrial robots, and even satellites. Their extensive product development is founded on years of basic research, ensuring high-quality, stable production.
By continuously pursuing innovative technologies and integrating sustainability into its core operations, NOK aims to enhance its corporate value while contributing to the creation of a sustainable society. The company plans to maintain its global outreach in sustainability initiatives, ensuring that environmental consciousness remains at the forefront of its business strategies.
As the world grapples with the pressing challenges of climate change and resource scarcity, NOK Corporation's proactive stance in water security exemplifies a roadmap for other corporations looking to make meaningful environmental commitments. With its recent acknowledgment by CDP, the company's dedication to building a more sustainable future is not just recognized but serves as an inspiration for the business community as a whole.
Topics Consumer Products & Retail）
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