NSK Ltd 2024 IR
The report outlines the company's progress during the second year of its Mid-Term Management Plan 2026 (MTP2026), highlighting its 'Bearings & Beyond' initiative to expand into new markets like service robots and medical devices. In FY2023, the company achieved a 52% reduction in Scope 1 and 2 greenhouse gas emissions compared to FY2017, surpassing its FY2026 target ahead of schedule. Additionally, the company transitioned its steering business into a joint venture to improve profitability and focus resources on vehicle electrification. The report also details the establishment of the NSK Tribology Collaborative Research Cluster with the Tokyo Institute of Technology to drive open innovation.
Company: NSK Ltd
Sector: Industrials
Country: Japan
Year: 2024
Type: IR
Pages: 90
NSK Ltd
Integrated Report
The report outlines the company's progress during the second year of its Mid-Term Management Plan 2026 (MTP2026), highlighting its 'Bearings & Beyond' initiative to expand into new markets like service robots and medical devices. In FY2023, the company achieved a 52% reduction in Scope 1 and 2 greenhouse gas emissions compared to FY2017, surpassing its FY2026 target ahead of schedule. Additionally, the company transitioned its steering business into a joint venture to improve profitability and focus resources on vehicle electrification. The report also details the establishment of the NSK Tribology Collaborative Research Cluster with the Tokyo Institute of Technology to drive open innovation.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees