- Sluggish demand in Japan and overseas, particularly for plastic and rubber-related products
- Expected temporary leveling off of demand for DDS pharmaceutical raw materials
- Risks related to climate change (transition risks, physical risks)
- Water stress at European and Southeast Asian sites in 2030, and higher risk at South American sites by 2050
NOF Corporation
Greenhouse gas emissions & sustainability report data
In its FY2023 (from April 1, 2023 to March 31, 2024) reporting, NOF Corporation disclosed greenhouse gas emissions of 134.5K tCO2e/year (NOF Group). By scope: Scope 1: 44.4 thousand tons of CO2e/year (NOF Group); Scope 2: 58.6 thousand tons of CO2e/year (NOF Group); Scope 3: 453.3 thousand tons of CO2e/year (NOF Group). 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
134.5K tCO2e/year (NOF Group)
FY2023 (from April 1, 2023 to March 31, 2024)
Water Usage
8.358 million m3/year
FY2023 (from April 1, 2023 to March 31, 2024)
Waste
133.5K tons/year
FY2023 (from April 1, 2023 to March 31, 2024)
Energy Use
2.909 million GJ/year
FY2023 (from April 1, 2023 to March 31, 2024)
📊 Emissions by Scope (FY2023 (from April 1, 2023 to March 31, 2024))
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 44.4 thousand tons of CO2e/year (NOF Group) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 58.6 thousand tons of CO2e/year (NOF Group) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 453.3 thousand tons of CO2e/year (NOF Group) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| FY2023 (from April 1, 2023 to March 31, 2024) | 134.5K tCO2e/year (NOF Group) |
| 2022-04 to 2023-03 | 175.3K tCO2e/year (Domestic Group) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 6.3% reduction in greenhouse gas emissions compared with FY2022
- 9.1% reduction in greenhouse gas emissions compared with FY2022
- Reduced PFC emissions by approximately 37% from fiscal 2022
- 91% acquisition rate of ISO 14001 certification (production volume basis) in FY2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gas emissions by 40% from the fiscal 2013 level by fiscal 2030
- Achieve a total return ratio of approximately 50% in fiscal 2025
- Reduce the ratio of cross-shareholdings to consolidated net assets to 15% or less by the end of fiscal 2025
📅 Medium-term
- Achieve operating income of ¥46.0 billion in fiscal 2025
- Achieve operating income of ¥60.0 billion in fiscal 2030
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
EnvironmentSocialGovernance