Evaluation by External Party
Since 2011, NSG Group has participated in annual CDP* Climate Change and Water reporting.
This year, the Group's CDP Climate Change 2020 score improved from previous B management rating to an A- leadership rating. This score improvement recognizes the Group's climate change actions and commitment to transparency. It encourages the Group to continue its ongoing efforts to achieve its 2030 Science Based Targets for CO2 emission reduction.
Please refer to the "Science Based Targets".
Rating on Climate Change (Excerpt from the CDP report)
NSG Group's CDP Water 2020 score improved from previous B- to B and demonstrates its progression through the management level rating.
NSG Group uses CDP's global environmental disclosure system to transparently respond to multiple stakeholder requests in a consistent way. CDP reporting allows investors and customers to understand how emerging risks and opportunities on climate change and water security are managed in the value chain and quantify embodied impacts in products.
CDP reporting has guided NSG Group to develop a data driven strategy, prepare for environmental regulation, set challenging Science Based Targets, introduce internal carbon pricing and align to best practice TCFD recommendations.
Annual feedback scores allow NSG Group to track progress and benchmark its environmental performance against the industry peers.
*CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts on climate change, water security and deforestation.
EcoVadis CSR Rating
EcoVadis operates an independent, external platform allowing companies to assess and benchmark their environmental and social performance on a global basis.
The process assesses company policies, implemented procedures and published reports with regards to environmental, labor practices & human rights, fair business practices and sustainable procurement issues. The assessment is conducted by CSR experts of EcoVadis on the basis of company answers to a survey which is dynamically adapted to country, sector and size, using scorecards covering 150 industry categories and 21 CSR criteria. The rating is based on supporting documentation, public and stakeholder (NGOs, trade unions, press) information.
We used this assessment tool to gain a picture of our CSR performance and to understand areas for improvement. We were rated as Silver regarding our approach to CSR management.
Evaluation by financial institutions
In 2018, NSG Group has received the highest rating as "especially progressive environmental initiatives" by Development Bank of Japan, Inc. (DBJ) under its "DBJ Environmentally Rated Loan Program". Also, NSG Group scored highly in the "commitment line syndication based on an ESG/SDGs evaluation" arranged by Sumitomo Mitsui Banking Corporation.
Please refer to the news releases.
NSG Receives Highest Mark in Environmentally Rated Loan by Development Bank of Japan (October 1. 2018)
NSG Received High Scores in the First Commitment Line Syndication based on ESG/SDGs Evaluation by SMBC (November 14. 2018)
In pursuit of our Group mission of "Changing our surroundings, improving our world", we aim to contribute to a sustainable society. This will be done by addressing environmental opportunities and fulfilling our Corporate social responsibilities through proactive actions.