NSG Group Sustainable Supply Chain Charter

NSG Group is pleased to announce that we have published the “NSG Group Sustainable Supply Chain Charter” in order to enhance and accelerate actions together with the Group’s supply chain partners to meet the Group’s current Sustainability objectives, including addressing climate change.

In May 2022, NSG Group has agreed to Science Based Targets for CO₂ emissions reduction with a goal to reduce carbon emissions by 30% by the year 2030 (versus 2018 baseline) and also committed to achieving carbon neutrality by 2050. This target also includes Scope 3 carbon emissions within the Group’s supply chain.

Currently, NSG Group purchase materials, goods and services from more than 15,000 suppliers worldwide. In support of the Group’s goals, we have been working with our suppliers to align with them on our principles and to encourage them to strive for the same goals we set ourselves.

To further strengthen this commitment, NSG Group has now set the new Sustainable Supply Chain Charter to build a sustainable supply chain, in collaboration with our suppliers.

The new Charter builds on the foundation of the current Sustainable Supply Chains program, which was launched in March 2022, and which supports the NSG Group’s mission of “Changing our Surroundings, Improving our World”.

The Charter clearly outlines NSG Group’s current and future ambitions in regard to eight selected Key Sustainability Impact areas in our supply chain. It also highlights joint aspirations with our supply partners for some of the objectives that can only be met through enhanced partnership. Each of our Sustainability Impacts will be monitored using a set of KPI’s that we may expect suppliers to report on to demonstrate continuous improvements.

All suppliers can use the Charter as a guide to improve their company in regard to Sustainability. In addition, training materials have been established for our employees and for suppliers to support this program.

“I am honoured to introduce this Charter to all of our supply chain partners around the world.” commented Munehiro Hosonuma, CEO of NSG Group.

“We and our stakeholders are very concerned about supply chain risks and impacts. We want to work with our diverse global suppliers to make a positive impact on the environment and society for the benefit of everyone involved.

This Charter is fundamental to that ambition. It expresses our vision for working together to combat climate change, striving for social equality, and protecting the environment and worker rights, all for the benefit of present and future generations.

We expect you to work with our Procurement Team and Strategic Business Units to act for continuous improvement.”

NSG Group will continue to promote actions to realize a sustainable society.

About NSG Group (Nippon Sheet Glass Co., Ltd. and its group companies)