Approach to Sustainability
NSG Group will grow together with society through sustainability activities.
Sustainability initiatives are important activities that balance both environmental & social issues of society and the sustainable development of our business. They are also effective in terms of risk management and cost reduction.
The NSG Group first established a sustainability policy in 2009 and has promoted sustainability activities throughout the group, led by the Sustainability Committee. Sustainability targets, which are indicators of our activities, are set based on SDGs and material issues identified in consideration of the impact of our activities on the environment & society and requirements of our stakeholders.
To respond to climate change, NSG Group has set Science-Based CO2 reduction targets and we actively work to shift to renewable energy and reduce CO2 emissions in our manufacturing process. Together with the further creation of environmentally friendly products, the target forms the framework of the NSG Group's climate change strategy. The Group also has a target to reduce CO2 emissions per unit production. We will endeavor to disclose information on climate change risks and opportunities in line with the TCFD.
Responding to a circular ecconomy is a very important issue for a manufacturing company. While minimising the consumption of natural resources, we are continuously working to reduce waste to landfill.
Minimizing safety risks is a prerequisite for our business. We have robust safety programs in place and our top priority is to keep the workplace safe. As a group target, we have been working to reduce the Significant Injury Rate.
People are NSG Group's most important asset. We conduct regular employee engagement surveys and use the feedback to improve our leadership and development training programs and to create a healthy and motivated work force. Improving inclusion and diversity is a key issue for our global organization, being widely recognised as enhancing both corporate value and working lives of employees.
Supply chain risks and impacts, especially raw material sustainability and supplier environmental and human rights performance, are of great concern to the NSG Group and our stakeholders. To avoid any concerns about these points, we ask our major suppliers to accept the "Supplier Code of Conduct". In addition, the actual performance is evaluated by an independent and specialized external organization. We are requesting suppliers who handle substances with a high risk of environmental impact to introduce an environmental management system.
The NSG Group recognizes the importance of corporate governance and ethical business activities, and will sincerely respond to the growing needs of stakeholders. Based on the NSG Group Corporate Governance Guidelines, we have introduced a group policy regarding compliance and concern reporting. The Group Code of Ethics expresses our determination to engage in business in an ethical manner and minimize regulatory and social valuation risks. We regularly conduct in-house training to disseminate ethical business information throughout the Group.
Head of Group Sustainability