04/07/2023 NSK Europe Ltd

As part of the ‘Asia-Pacific Climate Change Leaders’ survey jointly conducted by the Financial Times and Statista, Japan-headquartered NSK is proud to report its selection in 275 leading companies that can demonstrate outstanding environmental achievements globally.

To be part of this prestigious ranking, companies must demonstrate significant progress in reducing Scope 1 and Scope 2 greenhouse gas emissions intensity between 2016 and 2021. Note, Emission intensity is the amount of greenhouse gas emissions per net sales. NSK was recognized for reducing emissions intensity through various initiatives during the review period.

Core to the company’s success in reducing carbon is the promotion of ESG (environmental, social and governance) management throughout the NSK group. More specifically, the company is working to conserve the environment as part of comprehensive environmental protection measures under NSK’s ‘Create and Use’ approach.

‘Usage’ refers to the use of NSK products by customers and end users, resulting in reduced greenhouse gas emissions. Here, the quality and efficiency of NSK products, such as bearings, ball screws and linear guides, directly contribute to the reduction of energy loss in machinery and equipment. ‘Usage’ also includes customer support strategies such as health and recovery tracking, which improve product reliability and conserve resources. A good example is the resurfacing of bearings to allow their reuse.

‘Create’ is about manufacturing NSK products in carbon neutral plants. Around the world, NSK is stepping up to reduce CO₂ emissions by introducing highly efficient production equipment at multiple company locations. Among some notable initiatives are using energy-efficient lighting and air conditioning, installing solar panels, and switching to electricity from renewable energy sources. This approach also applies to a company’s supply chain. In Europe, for example, 30% of NSK’s bearing production uses low CO₂ ‘green’ steel emissions are produced in carbon-neutral plants, while the company also has more than 95% of its suppliers registered with NSK’s Green Procurement Standards. In addition, ‘Create’ encompasses R&D strategies, among which are examples of NSK’s commitment to advanced tribological technologies that deliver greater energy savings.

Going forward, NSK will continue to contribute to a sustainable society by leveraging technological capabilities that help protect the global environment. This feature will help the company achieve a 50% reduction in Scope 1 and 2 by FY2026 (compared to FY 2017 levels) and Scope 1 and 2 carbon neutrality by FY2035. .