- Rising energy and materials costs, increased burden from environmental measures and carbon taxes.
- Potential for increased costs due to developing new materials and supply chain restructuring.
- Potential for factory and facility damage from severe weather events, impacting production and procurement.
Nikke Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Nikke Group disclosed greenhouse gas emissions of 36.1K t-CO2/year (FY2023). By scope: Scope 3: 40.2K t-CO2/year (FY2023 The Japan Wool Textile Co. Ltd.). 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
36.1K t-CO2/year (FY2023)
2023
Energy Use
Approx. 26,619 MWh/year (FY2023, Nikke Machinaka Power Plants)
2023
๐ Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 40.2K t-CO2/year (FY2023 The Japan Wool Textile Co. Ltd.) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
๐ Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 36.1K t-CO2/year (FY2023) |
| 2022-12 to 2023-11 | 36.1K tCO2e/year (Scope 1 & 2) |
| 2020-12 to 2021-11 | 67 tCO2e (1Kt-CO2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
โ Reported Environmental Achievements
- Reduced CO2 emissions by 34% from FY2018 to FY2023 for the Nikke Group as a whole.
- Increased production capacity of Breezaยฎ, an eco-friendly yarn, from 60 tons/year to 180 tons/year, reducing energy consumption by approximately 55% and microplastic release by approximately 75% compared to conventional products.
- Developed Lanarin, a 100% wool organic fertilizer from sheep's wool clippings, promoting a circular economy for wool.
๐ฏ Climate & Sustainability Targets
๐ Medium-term
- Reduce Scope 1 and Scope 2 CO2 emissions by 50% compared to FY2018 levels by FY2030.
๐ญ Long-term
- Achieve carbon neutrality by FY2050.
๐ฑ ESG Focus Areas
Climate ChangeCircular EconomyResource ConservationRenewable Energy