Climate Change Data

Nippon Sangyo Suishin Kiko Ltd.

Climate Impact & Sustainability Data (2022-2023)

Reporting Period: 2022-2023

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Regional Economic Development
  • Social Impact

Environmental Achievements

  • Various initiatives implemented across portfolio companies to reduce greenhouse gas emissions, aiming for a 30% reduction by 2030 at the NSSK Holding Company level and carbon neutrality by 2050.
  • Specific examples include energy-efficient equipment installation, waste reduction, and water conservation measures in portfolio companies like Japan Energy Components, Hakkoden, and Tokai Tenrei.
  • Partnership with Setouchi Olive Foundation for environmental conservation.

Social Achievements

  • Increased the ratio of women among employees to 70%, women in management to 35%, and companies with women/minorities as CEO/COO to 39%.
  • Implementation of the NSSK Philosophy Program (NPP) to foster employee happiness and engagement.
  • Various community investment initiatives by portfolio companies, including supporting local agriculture, disaster relief, and educational programs.
  • Support for Ukrainian refugees by providing free Japanese language education.

Governance Achievements

  • Establishment of the ESG, Diversity and Inclusion Committee to oversee ESG policies and practices.
  • Implementation of ESG due diligence and auditing processes for portfolio companies.
  • Commitment to the Operating Principles for Impact Management and Principles for Responsible Investment.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality for the organization and its portfolio companies by 2050.
Short-term Goals:
  • Reduce greenhouse emissions by 30% at the NSSK Holding Company level by 2030.

Environmental Challenges

  • Addressing the gender gap in Japan.
  • Supporting the revitalization of regional economies.
  • Implementing ESG initiatives across a diverse portfolio of companies.
Mitigation Strategies
  • Active promotion of women's advancement in portfolio companies.
  • Establishment of Regional Impact Funds to invest in and support small and medium-sized companies in regional areas.
  • Development and implementation of the NSSK Value-Up Program (NVP) to improve management practices and ESG performance in portfolio companies.
  • Establishment of the ESG, Diversity and Inclusion Committee and implementation of ESG due diligence and auditing processes.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, Operating Principles for Impact Management, Principles for Responsible Investment

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 8 (Decent Work and Economic Growth)
  • SDG 9 (Industry, Innovation and Infrastructure)
  • SDG 11 (Sustainable Cities and Communities)
  • SDG 13 (Climate Action)

The Regional Impact Funds aim to contribute to the development of the local economy and society by promoting ESG initiatives aligned with the SDGs.

Awards & Recognition

  • PEI Operational Excellence Award 2021
  • JPEA Award 2021