#Japan #Tokyo #ESG Rating #NOK Corporation #FTSE Russell

NOK Corporation's ESG Achievements

NOK Corporation, based in Minato-ku, Tokyo, continues to make significant strides in the realm of sustainability and responsible investing. Recently, it received commendation from the global ESG rating provider FTSE Russell, being included in several prominent indices, including the renowned FTSE4Good Index Series and the FTSE JPX Blossom Japan Index.

Achieving New Heights in ESG Ratings

This year, NOK saw an improvement in its Fortse ESG score, now standing at 4.4 out of 5, up from 4.3 the previous year. This impressive rating surpasses the average score of its industry sector, which is predominantly automotive parts. The acknowledgment by FTSE Russell underscores NOK's ongoing commitment to building a sustainable future through its rigorous ESG policies and practices.

Steps Toward Sustainability

NOK's efforts towards sustainability are encapsulated in its strategic blueprint, the NOK Twin Green Plan 2030, aimed at achieving carbon neutrality. The company has been enhancing its responsible practices across various dimensions:

Environmental Initiatives

• - Carbon Neutrality Goals: Under the NOK Twin Green Plan 2030, the company is focused on reducing its environmental impact. This includes renewable energy utilization and eco-efficient processes in production.

Social Responsibility

• - Human Rights and Supply Chain Due Diligence: NOK actively implements human rights due diligence throughout its supply chain. Furthermore, it emphasizes investments in human capital to foster workforce well-being and engagement amidst evolving market demands.

Governance Enhancement

• - Strengthening Governance Structures: To further consolidate its governance framework, NOK has established committees focused on audits, nominations, and remuneration, ensuring accountability and robust oversight.

NOK believes that the recent recognition is attributed not only to its comprehensive ESG initiatives but also to its achievements in transparency and information disclosure.

Continuous Pursuit of Excellence

As NOK Corporation progresses with its mission of Essential Core Manufacturing, it remains dedicated to developing products that alleviate environmental burdens. By bridging innovation with safety and comfort, the company aims to be an integral part of a sustainable and thriving society.

Moving forward, NOK is committed to maintaining high transparency levels in its communications with stakeholders, furthering its sustainability initiatives, and contributing positively towards solving societal challenges through its operations. The aim is clear: to grow as a company that actively supports the advancement of a sustainable society.

About NOK Corporation

With a footprint in 14 countries and regions and a workforce of approximately 37,000 employees, NOK Corporation excels at product development grounded in foundational research. The company is known for its high-quality, large-scale, and stable production, serving diverse sectors from the automotive and electronics to healthcare and industry by providing cutting-edge technologies.

For more information on NOK's ESG commitments, you can check the NOK ESG Data Book 2026 here.

In conclusion, NOK Corporation is paving the way with its forward-looking practices and solid commitment to sustainability, reaffirming its pivotal role in contributing to a better future for all.