Executive Summary on the Environment

NSK’s Environmental Policy

A sense of crisis is growing over the advance of global warming and climate change, depletion of resources, chemical pollution of air and water, and loss of biodiversity. All of humanity faces the challenge of learning to live sustainably while protecting the global environment.

Back in 1997, the NSK Group established the NSK Environmental Policy to reflect its commitment across all of its business operations to help protect the global environment, as stated in the NSK Mission Statement. In line with this policy, we strive to develop products and services that help reduce environmental impact, and we work to reduce the impact of our own operations and throughout our value chain. In November 2021, we revised our environmental policy in light of the increased worldwide environmental concerns of recent years and the associated expectations of companies.

The NSK Group practices global environmental management and is careful to ensure environmental compliance. We are making a difference by helping the world reduce its carbon footprint, maximize recycling, and honor the natural environment. Take, for instance, bearings that decrease energy loss. Through these kinds of advancements, NSK products are helping to reduce environmental impact around the world. The NSK Group is also committed to supporting the achievement of the Sustainable Development Goals (SDGs) by reducing the environmental impact of its business operations to zero.

NSK Group Environmental Action Plan

Targets and Performance

Mid-Term Management Plan 2026 (MTP2026) Targets (FY2022–2026) and the FY2022 Targets and Performance (Environmental Action Plan)
MTP2026 targetsFY2022 targetsFY2022 performance
Environmental managementMaintain ISO 14001 certification at all subject sitesMaintain ISO 14001 certification at all subject sitesMaintained at all subject sites
Obtain ISO 14001 certification within 3 years of starting full-scale operations at a siteNo applicable site
No serious violations of environmental laws and regulationsNo serious violations of environmental laws and regulationsNo serious violations of environmental laws and regulations
No serious incidents of environmental pollutionNo serious incidents of environmental pollutionNo serious incidents of environmental pollution
Creating environmentally friendly productsCreate environmentally friendly products with a Neco score of 1.2 or higher (ongoing)Continue with new developments (Develop more than 1 environmentally friendly product)Developed 4 environmentally friendly products
(total 243 products)
Avoid at least 3 million t-CO2 emissions during the use of NSK products2.60 million t-CO2 from FY20172.29 million t-CO2
Fighting global warming and climate changeManufacturing, technology, officesCO2 emissions*: 50% reduction from FY2017
26.6% reduction43.6% reduction
Continue to reduce energy use per unit of sales by 1% year on yearBelow 11.7% (base year FY2017)
(1% reduction from FY2021)
-4.9%
(Reduced by 15.8% from FY2021)
Distribution (Japan)CO2 emissions by transport volume: Continue to reduce by 1% year on yearBelow 4% (base year FY2017)
(1% reduction from FY2021)
0.5%
(Reduced by 4.3% from FY2021)
Resource conservation and recycling measuresDevelopment and design, manufacturingReduce waste of materials by changing processing methods (ongoing)Continue reduction initiativesImproved material yield for target products
Manufacturing, technology, officesAchieve a recycling rate of at least 99%99% or higher98.8%
Industrial waste per unit of sales: Continue to reduce by 1% year on yearBelow 7.4% (base year FY2017)
(1% reduction from FY2021)
-5.8%
(Reduced by 13.2% from FY2021)
Water withdrawal per unit of sales: 9% reduction from FY2017Below -5% (base year FY2017)-10.4%
Distribution (Japan)Packaging waste per production unit: Continue to reduce by 1% year on year1% reduction from FY20218.5% reduction
Reducing use of environmentally harmful substancesDevelopment and design, procurement, manufacturingFull response to the 10 EU RoHS2 substancesFull responseEnsured full response in newly developed products
Continued efforts to completely eliminate harmful substances in manufacturing processes
ProcurementResponse rate for inclusion of substances on the NSK List of Environmentally Harmful SubstancesObtain responses from all target suppliersIn Japan: Maintained 100%
Outside Japan: Obtained 84%
Manufacturing (Japan)Handling of PRTR-designated substances per unit of sales: 1% reduction year on year1% or more reduction from FY202110.9% reduction
Biodiversity conservationIdentify the factors in operations that could have a negative impact on biodiversityContinue activitiesContinue activities
Expand social contribution activities related to biodiversity conservationContinue activitiesInitiated new satoyama conservation activities in Shizuoka Prefecture
Educate to deepen employee awareness of issuesContinue activitiesContinue activities

* Greenhouse gas emissions (CO2 equivalent) are calculated by multiplying emissions from use of an amount of electricity, fuel, etc., by its respective global warming coefficient. In Japan, the global warming coefficients used are given in the Ministry of the Environment's and the Ministry of Economy, Trade and Industry’s Greenhouse Gas Emission Calculation and Reporting Manual. Outside Japan, the global warming coefficients used are released by electricity providers or given in the International Energy Agency’s CO2 Emissions from Fuel Combustion.

Environmental Risks and Opportunities

The international community has accelerated its efforts to build a sustainable world with the Paris Agreement, ESG Investments, and the Sustainable Development Goals (SDGs). While upholding its commitment to protection of the global environment, the NSK Group pursues continued growth by analyzing and responding to risks and opportunities associated with these developments. We identify and assess environmental risks and opportunities in each phase of the value chain, reflecting them in our management strategies and environmental action plans. We conduct this analysis of risks and opportunities on a regular basis.

Material and Energy Balance

The NSK Group works with suppliers to reduce environmental impact via green procurement and other initiatives. We also strive to reduce the environmental impact of our customers and of society as a whole by providing environmentally friendly products.

Input and Output of Global Business Activities (FY2020 and 2021)