Nichicon Corp

Common Name
Nichicon
Country
Japan
Sector
Technology
Industry
Electronic Components
Employees
5,242
Ticker
6996
Exchange
TOKYO STOCK EXCHANGE
Description
Nichicon Corporation is a prominent player in the electronic components industry, primarily producing capacitors and circuit products that are integral to a wide array of electronic devices. Founded i...

Nichicon's Climate Target Data Preview

As of 2023, Nichicon has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Nichicon ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Nichicon’s Climate Targets Data

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a. Nichicon's Integrated Report 2023
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Insights into Nichicon's Greenhouse Gas Emissions Pathways

As of 2023, Nichicon has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

Does Nichicon have a target to reduce its total carbon footprint?

As of 2023, Nichicon has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Nichicon's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 1,234,598 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 46% by 2030. a

As of 2022, Nichicon is on track to meet its total carbon footprint reduction target, having achieved 13.39% of the planned reduction. a

Nichicon's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2021202220300350 k700 k1.05 M1.4 MCurrent (-6%)Target 2030 (-46%)
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