(December 20, 2022, Yokohama) Recently, Nissan Motor Co., Ltd. was recognized by the Carbon Disclosure Project (CDP), a global environmental non-profit organization, for its leadership in the field of corporate sustainable development. . Thanks to its efforts in water resources management, Nissan was selected for the fourth consecutive year in the CDP “A-level Enterprises for Water Resources Safety” list. In addition, Nissan also contributes to climate change and has been included in the list of A-level companies for ten consecutive years.
Nissan was selected into the list of CDP “A-level Enterprises for Water Resources Safety” for four consecutive years
CDP’s annual environmental publishing and scoring process is considered the gold standard for corporate environmental transparency around the world. In 2022, more than 680 investment institutions with total assets of more than US$130 trillion and 280 large procurement organizations with purchasing power exceeding US$6.4 trillion will require companies to disclose data on environmental impacts, risks and opportunities through the CDP platform. 18,700 companies have disclosed their data, the largest number of participating companies.
CDP adopts a detailed and independent evaluation method, based on the comprehensiveness of corporate information disclosure, awareness and management of environmental risks, and best practice performance related to environmental leadership, such as setting meaningful and ambitious goals, and assessing corporate performance from A to A to D for rating. During the selection process, CDP highly praised Nissan’s efforts in the following aspects:
• Global Environmental Stewardship Councils and Regional Stewardship Councils to improve the management of climate change and water security challenges, including measures to address potential risks;
• Establish executive compensation system based on climate change index;
• Set a carbon neutrality target to achieve carbon neutrality across the Group’s corporate operations and product lifecycle* by 2050;
• Establish the world’s first electric vehicle manufacturing ecosystem – EV36Zero “Nissan Electric Drive Ecosystem”;
• Nissan’s 2030 CO2 reduction target is aligned with the Science Based Target initiative;
• Identify water resource risks that may affect Nissan’s business by analyzing climate change;
• Conducting water resource risk assessments at plants around the world;
• Adopt stricter standards than laws and regulations for drainage management and water quality safety control.
Climate change and water resources management are included in Nissan’s medium-term environmental plan – “Nissan Green Program” (Nissan Green Program) four key areas, the other two key areas are air quality and resource dependence. Nissan is committed and focused on managing environmental risks and opportunities throughout the value chain.
Mr. Makoto Uchida, CEO of Nissan Motor Co., Ltd., said: “We are honored to be once again included in the list of CDP’s ‘Water Safety Grade A Enterprise’. We have been continuously improving the recycling rate of wastewater and reducing the water used in factories. With our continuous efforts in the field of climate change, we have once again received a leading rating. We will continue to work with suppliers, partners and other stakeholders to continuously promote the implementation of sustainable development initiatives to build a cleaner, safer and a more inclusive society.”
Learn more about Nissan’s environmental activities:
Nissan’s 2050 Carbon Neutrality Target
Nissan spends 1 billion pounds to build EV36Zero “Nissan electric drive ecosystem”
Nissan Injects Innovation and Passion into “Race to Zero”
Nissan Releases 2030 Vision (Nissan Ambition 2030) to Empower Future Mobility
*The product life cycle includes the extraction of vehicle raw materials, manufacturing, utilization and recycling/reuse of end-of-life vehicles.
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