Awarded the Highest Rating from CDP in Two Environmental Fields Inclusion in the Supplier Engagement Leaderboard 2024

  • Sustainability
  • ESG evaluation/Certification

Nabtesco Corporation (headquarters: Chiyoda-ku, Tokyo, President & CEO: Kazumasa Kimura) hereby announces that it was awarded the highest rating and selected for inclusion in "the Supplier Engagement Leaderboard 2024" in the Supplier Engagement Evaluation*1 by CDP.*2 We have also been included in the Climate Change A List for fiscal year 2024, which means that it has thus been awarded the highest rating from CDP in two environmental fields for six consecutive years since 2019.

Nabtesco has been promoting environmental management in a broad manner to reduce its environmental impact. In particular, we regard carbon-free measures, which have a large financial impact, as one of the top priority among its issues of management materiality.

FY2024 is the final year of our mid-term management plan, and we are achieved our goal of a CO2 emissions reduction of -25% (2015 standard), "focusing on solving ESG issues." FY2025 is the first year of our medium-term management plan, and we will continue to work toward our environmental goal of a CO2 emissions reduction of -50% (2015 standard) by 2027. At each production site, in addition to energy conservation efforts such as the introduction of highly efficient equipment and the construction and rebuilding of the latest environmentally friendly factory buildings, we are also expanding our energy creation efforts through solar power generation.

Nabtesco also recognize that addressing climate change risks in the supply chain is an important issue, and has been actively engaged in sharing CO2 calculation and reduction methods with suppliers and supporting the setting of voluntary reduction targets.

Going forward, Nabtesco will continue to conduct a range of initiatives to solve various environmental and social issues toward the creation of a sustainable society.

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(Reference)

*1 Supplier Engagement Assessment:
an assessment of how effectively a company is working with its suppliers on climate change.

*2 CDP:
represents more than 700 institutional investors around the world, who manage assets totaling 142 trillion US dollars. This international NGO collects and evaluates information on environmental measures implemented by companies. In 2024, more than 24,800 companies, representing more than 66% of the world's market capitalization publicly disclosed their environment-related information through CDP.