#Sustainability #Japan #S&P Global #Minato #NOK Corporation

NOK Corporation's Commitment to Sustainability

NOK Corporation, headquartered in Minato, Tokyo, has been recognized as a Yearbook Member in the 2026 edition of S&P Global's prestigious Sustainability Yearbook for the second consecutive year. This acknowledgement highlights NOK's commitment to sustainability within the automotive components sector, where it ranks among the top 15% of companies evaluated by S&P Global.

This year, S&P Global assessed over 9,200 companies worldwide, selecting 848 to be featured in the Sustainability Yearbook 2026. The evaluation looks at a company's sustainability efforts through a unique S&P CSA score, focusing on environmental, social, governance (ESG) aspects. NOK's repeated selection underscores its continuous efforts in promoting sustainable practices and responsible governance.

Ongoing Sustainability Initiatives

NOK has been actively enhancing its sustainability activities, particularly in areas related to ESG. In the environmental dimension, the company has expanded the range of its third-party verified environmental performance data. They have also updated their scenario analyses based on the Task Force on Climate-related Financial Disclosures (TCFD), showcasing their preparedness for climate-related risks.

In terms of social and governance initiatives, NOK has strengthened its supplier engagement activities. This includes upgrading its talent development programs and implementing self-assessment questionnaires (SAQ), educational support, and human rights due diligence frameworks. These measures not only bolster NOK's compliance but also foster a culture of sustainability within its supply chain, reinforcing its commitment to societal responsibility.

Innovation and Product Development

NOK is on a mission to minimize the environmental impact caused by its business operations while pursuing innovative technologies that contribute to reducing environmental footprints. The company adheres to the principle of