In 2024, Nidec disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Nidec disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 9,098,334a | 8,519,904a | 9,461,912a | |
Non-Renewable Energy Consumption | 8,173,937a | 7,685,420a | 8,943,653a | |
Renewable Energy Consumption | 924,397a | 834,484a | 518,260a |
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In 2024, Nidec consumed a total of 9.1 million Gigajoules of energy across its operations. Of this total, 10.16% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 89.84% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Nidec consumed a total of 9.1 million Gigajoules of energy, of which 10.16% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Nidec has considerable room to improve its energy sustainability strategy.
Since 2022, Nidec's total energy consumption decreased by 3.84%, yet rose by 6.79% in 2024, pointing to a potential reversal in recent energy-saving progress.a
Over the same period, the share of renewable energy in Nidec's consumption increased by 85.49%, including a 3.73% increase in 2024, showing consistent progress in clean energy adoption.a
Overall, Nidec’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.