Nisshinbo : Notice of Declaration of Carbon Neutrality and Support for Recommendations of the Task Force on Climate-Related Financial Disclosures
June 20, 2022
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Jun. 21, 2022
In June 2022, the Nisshinbo Group declared the achievement of carbon neutrality by 2050. In addition, Nisshinbo Holdings Inc. is pleased to announce its support for the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) as established by the Financial Stability Board (FSB).
The Nisshinbo Group's corporate philosophy is "Change and Challenge! For the creation of the future of Earth and People." Based on this philosophy, the Nisshinbo Group set forth "Realizing a Super Smart Society as an Environment and Energy Company group" as its business policy guided by this philosophy. In response to social demands, such as pursuing the SDGs and emphasizing ESG, the Group is making use of wireless communications, electronic devices, and environmental materials technologies in response to the dramatic changes in mobility, such as vehicle electrification, autonomous driving, and autonomous ship operation, and to protect people from extreme climate events, thus contributing to the realization of an super-smart society through the realization of remote medical care and monitoring services.
No society or economy can function without a sound global environment. The achievement of carbon neutrality is at the heart of corporate management by the Nisshinbo Group, which has been promoting business strategies that embody the concept of a public corporation that contributes to society through business activities. The Group's medium-term environmental targets, which were formulated as a roadmap for carbon neutrality by 2050, call for a reduction of at least 50% in greenhouse gas emissions by 2030 compared to fiscal year 2014. The Nisshinbo Group will continue to promote group-wide activities to achieve carbon neutrality by 2050.
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Nisshinbo Holdings Inc. published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2022 09:25:08 UTC.
Nisshinbo Holdings Inc is a Japan-based company engaged in the wireless and communications, microdevices, brakes and other businesses. The Company has seven business segments. The Wireless and Communication segment is involved in the manufacture and sale of wireless communication equipment. The Microdevice segment is involved in the manufacture and sale of electronic components. The Brake segment is engaged in the manufacture and sale of friction materials for automobile brakes. The Precision Equipment segment is engaged in the manufacture and sale of mechatronics products and plastic molded products. The Chemicals segment is engaged in the manufacture and sale of rigid urethane foams, carbon products and others. The Textile segment is engaged in the manufacture and sale of cotton yarns, spandex products and clothing. The Real Estate segment is engaged in the leasing and sale of real estate. The Company also sells food and industrial materials and provides telemedicine services.