#Japan #Tokyo #BIPROGY #NIFCO #Booost Sustainability

Booost Sustainability ERP Implementation at Nifco

In a significant move towards sustainable business practices, Nifco, a leading automotive parts manufacturer, has adopted Booost's sustainability ERP, 'booost Sustainability.' This partnership aims to facilitate Sustainability Transformation (SX) by enhancing the management and disclosure of environmental data across Nifco's global operations.

Background and Industry Context

The automotive industry faces increasing scrutiny regarding sustainability and compliance with emerging regulations, such as the EU's Battery Regulation, which mandates companies to disclose carbon footprints for their products. Consequently, the need for effective data management systems is becoming vital for addressing these regulatory challenges. Nifco's decision to implement 'booost Sustainability' aligns with the growing demand for transparency in environmental impact reporting, especially as stakeholders—including investors—demand more comprehensive information on companies' sustainability efforts.

Booost, a prominent player in sustainability software, has developed its ERP solution to streamline the collection, analysis, and reporting of non-financial data crucial for sustainability reporting. As part of the implementation, Booost is collaborating with BIPROGY, a technology solutions provider with strong expertise in system integration within the manufacturing sector.

Nifco's Goals and Challenges

Nifco operates globally, providing resin-based functional parts to the automotive industry. Addressing environmental impact reduction and fulfilling international disclosure standards are key challenges for the company. With the adoption of 'booost Sustainability,' Nifco aims to centralize its greenhouse gas (GHG) emission data and energy utilization metrics across its operations globally, establishing a transparent framework for information disclosure to stakeholders. The software’s flexibility to accommodate international standards such as the Sustainability Standards Board of Japan (SSBJ) and the EU’s Corporate Sustainability Reporting Directive (CSRD) enables Nifco to enhance its sustainability governance effectively.

Key attributes of 'booost Sustainability' that influenced Nifco's choice include:

• - Comprehensive management of non-financial and GHG data in addition to a robust support system provided by BIPROGY.
• - Enhanced transparency features which assist in meeting international standards and expectations from investors and regulatory bodies.
• - The dual objective of rapid system deployment and scalability for future requirements, crucial in today's fast-paced business environment.

Collaborative Efforts for Implementation

BIPROGY's involvement is not just limited to technical integration; their workforce includes certified decarbonization advisors who will support Nifco throughout the implementation phase, providing training and ongoing assistance.

As the project progresses, BIPROGY aims to establish a comprehensive operational framework for Nifco, enabling a quick transition to the new system while ensuring sustained operational support. This partnership reinforces BIPROGY’s commitment to facilitating business transformations in sustainability practices.

Road Ahead

Through the implementation of 'booost Sustainability,' Nifco is poised to enhance its non-financial information management, contributing to better governance and sustainability outcomes. The collaboration with BIPROGY sets the stage for Nifco to strengthen its response to future regulatory demands while boosting its corporate value and competitive position in the global market.

Both Booost and BIPROGY are committed to collaborating further to advance SX and sustainability management practices within the automotive industry and beyond. Alongside, they are active participants in a project aimed at elevating Japan's position as a leader in sustainability practices.

Their joint efforts will promote systemic changes necessary for companies to adapt effectively to sustainability-related financial disclosures, thus enhancing the overall business landscape. Equipped with sophisticated digital tools, Nifco now has the capability to manage and report its environmental impact rigorously and transparently, signifying a crucial step towards responsible manufacturing and corporate responsibility.

Visit Booost at this link and Nifco at this link for more information about their sustainability initiatives.