Promoting a Decarbonized Society

Materiality 3

The Nikon Group recognizes that, in order to realize the goal of building a decarbonized society, it is important to implement measures not just within the Nikon Group, but in the supply chain as well. We are formulating strategies in each production process to reduce carbon dioxide (CO2) emissions throughout the product lifecycle.

Relevant SDGs

Medium-Term Goals for Decarbonization

The Nikon Group has set began pursuing greenhouse gas reduction goals for the fiscal year ending March 2031 as part of the Nikon Medium-Term Environmental Goals. These targets to achieve effectively zero greenhouse gas emissions by 2050 have been certified as Science Based Targets (SBT).

The Nikon Group’s Science Based Targets (SBT) / Target year: Fiscal year ending March 2031 ● Reduce greenhouse gas emissions in Scope 1 and Scope 2 by 71.4% compared to the fiscal year ended March 2014 ● Reduce greenhouse gas emissions (in three of 15 Scope 3 categories—purchased goods and services, upstream transportation & distribution, and use of sold products) by 31% compared to the fiscal year ended March 2014 / SCIENCE BASED TARGETS DRIVING AMBITIOUS CORPORATE CLIMATE ACTION/BUSINESS AMBITION FOR 1.5℃

Main initiatives and results for the fiscal year ended March 2022

Reduction of greenhouse gases (GHG) emissions in business activities

By striving to improve product development and production processes and make production equipment more efficient, the Nikon Group is making a serious effort to reduce CO2 emissions derived from energy consumption. CO2 emissions from energy consumption of Nikon Group in Japan and Group manufacturing companies outside Japan for the fiscal year ended March 2022 were 176,728 t-CO2, down year on year. Emissions per unit of sales improved significantly due to higher sales resulting from a recovery in business performance.

CO2 emissions from energy consumption (year-on-year) Reduced  by 1.7%

Adoption of renewable energy for electric power

The Nikon Group is aiming to increase the renewable energy adoption rate in electric power consumption to at least 30% by the fiscal year ending March 2031, through such means as in-house power generation, power planning, and green energy certificates. As of the fiscal year ended March 2022, the share of electric power consumption derived from renewable energy was 7.8%, equivalent to a reduction in CO2 emissions of 12,634 tons.

Renewable energy adoption rate 7.8%

Sustainability Report

For more information, refer to Promoting a Decarbonized Society in the Sustainability Report.

Reduction of Greenhouse Gases in the Supply Chain

Initiatives to Reduce Greenhouse Gas Emissions in Products

Initiatives to Reduce Greenhouse Gas Emissions at its Business Facilities

Initiatives to Reduce Greenhouse Gas Emissions in Distribution

Disclosures in Accord with the TCFD Recommendations