Nippon Signal Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Nippon Signal Co., Ltd. disclosed greenhouse gas emissions of 1.5K tons/year (FY2023). By scope: Scope 1: 787 tCO2e/year (FY2023); Scope 2: 566 tCO2e/year (FY2023); Scope 3: 230.2K tCO2e/year (FY2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
1.5K tons/year (FY2023)
2023
⚡
Renewable Energy
76.9% (FY2023)
of total energy
💧
Water Usage
52.2 m3/year (FY2023)
2023
♻️
Waste
291 tons/year (FY2023)
2023
⚙️
Energy Use
9.5M kWh/year (FY2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).787 tCO2e/year (FY2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.566 tCO2e/year (FY2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).230.2K tCO2e/year (FY2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20231.5K tons/year (FY2023)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce greenhouse gas emissions by 50% by 2030 and reach net zero emissions by 2050.

📅 Medium-term

  • Consolidated net sales of 150.0 billion yen, ROE of 10% or more, and ROIC of 9% or more by FY2028.
  • Achieve a green energy procurement rate of 60% as the Nippon Signal Group by FY2024.

🔭 Long-term

  • Net zero emissions by 2050.

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Difficulties in sourcing some components, such as semiconductor chips, and soaring raw materials prices.
  • Harsh circumstances due to the unstable international situation.
  • Dramatic change in the movement of people and goods on the social infrastructure.
  • Sharp increase in the need for investment that will help reduce fixed costs and improve operational efficiency with the use of DX.

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD