Nidec Corp

Common Name
Nidec
Country
Japan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
104,285
Ticker
6594
Exchange
TOKYO STOCK EXCHANGE
Description
Nidec Corporation is a globally recognized manufacturer and distributor of electric motors and related components. Established in 1973, Nidec has grown to become a leader in the industrial machinery a...

Nidec's GHG Emissions Data Preview

In 2023, Nidec completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Nidec has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nidec’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Nidec’s data sources below and access millions more through our Disclosure Search.

a. Nidec's Integrated Report 2024
a. Nidec's Integrated Report 2024
b. Nidec's Integrated Report 2023
b. Nidec's Integrated Report 2023

Insights into Nidec's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nidec amounted to 1,167,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nidec decreased by 1.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nidec's Scope 1 Emissions Over Time

201820192020202120222023075 k150 k225 k300 ktCO2e-15%-3%-5%+395%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Nidec's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nidec were 269,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Nidec reduced its Scope 1 emissions over time?

Since 2018, Nidec's Scope 1 emissions have increased by 268.49%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Nidec's Scope 1 emissions decreased by 4.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nidec's Scope 2 emissions?

In 2023, Nidec reported Scope 2 greenhouse gas (GHG) emissions of 791,000 tCO₂e using the market-based method and 898,000 tCO₂e using the location-based method. a

Has Nidec reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Nidec's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nidec 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Nidec use for Scope 2 reporting?

In 2023, Nidec reported its Scope 2 emissions using the market-based method and using the location-based method. a

Nidec's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nidec's Value Chain Emissions

In 2023, Nidec reported 285,033,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Nidec includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Nidec's Scope 3 Emissions Over Time

201820192020202120222023085 M170 M255 M340 MtCO2e-15%0%+85%+7667%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Nidec's Scope 3 emissions?

In 2023, Nidec reported total Scope 3 emissions of 285,033,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Nidec reduced its Scope 3 emissions over time?

Since 2018, Nidec's Scope 3 emissions have increased by 10,456.78%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Nidec's Scope 3 emissions decreased by 13.37%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Nidec’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Nidec reported Scope 1 greenhouse gas (GHG) emissions of 269,000 tCO₂e and total revenues of USD 16,838 millions. This translates into an emissions intensity of 15.98 tCO₂e per millions USD. a

Nidec's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HHHHarmonic Drive SystemsYear: 2023Scope 1: 209 tCO2eRevenue: $M 537Scope 1 Intensity: 0.39 tCO2e/$MMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MNabtescoYear: 2023Scope 1: 4,929 tCO2eRevenue: $M 2,359Scope 1 Intensity: 2.09 tCO2e/$MKawasaki Heavy IndustriesYear: 2024Scope 1: 142,390 tCO2eRevenue: $M 12,211Scope 1 Intensity: 11.66 tCO2e/$MUlvacYear: 2023Scope 1: 6,397 tCO2eRevenue: $M 1,572Scope 1 Intensity: 4.07 tCO2e/$MJapan Steel WorksYear: 2023Scope 1: 61,000 tCO2eRevenue: $M 1,792Scope 1 Intensity: 34.04 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MHoshizakiYear: 2024Scope 1: 2,192 tCO2eRevenue: $M 2,838Scope 1 Intensity: 0.77 tCO2e/$MEbaraYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 5,520Scope 1 Intensity: 12.86 tCO2e/$MAzbilYear: 2023Scope 1: 4,329 tCO2eRevenue: $M 2,090Scope 1 Intensity: 2.07 tCO2e/$MYokogawa ElectricYear: 2024Scope 1: 12,141 tCO2eRevenue: $M 3,567Scope 1 Intensity: 3.40 tCO2e/$MMakino Milling MachineYear: 2023Scope 1: 5,467 tCO2eRevenue: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MSekisui ChemicalYear: 2023Scope 1: 183,000 tCO2eRevenue: $M 9,328Scope 1 Intensity: 19.62 tCO2e/$MSMCYear: 2023Scope 1: 50,507 tCO2eRevenue: $M 6,192Scope 1 Intensity: 8.16 tCO2e/$MNGK InsulatorsYear: 2023Scope 1: 270,000 tCO2eRevenue: $M 4,198Scope 1 Intensity: 64.31 tCO2e/$MDaifukuYear: 2024Scope 1: 8,853 tCO2eRevenue: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$MSecomYear: 2023Scope 1: 53,870 tCO2eRevenue: $M 8,268Scope 1 Intensity: 6.52 tCO2e/$MAmadaYear: 2024Scope 1: 6,336 tCO2eRevenue: $M 2,664Scope 1 Intensity: 2.38 tCO2e/$MMitsubishi Heavy IndustriesYear: 2023Scope 1: 130,000 tCO2eRevenue: $M 31,553Scope 1 Intensity: 4.12 tCO2e/$MUshioYear: 2023Scope 1: 3,539 tCO2eRevenue: $M 1,314Scope 1 Intensity: 2.69 tCO2e/$MSumitomo Heavy IndustriesYear: 2023Scope 1: 36,272 tCO2eRevenue: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$MIHIYear: 2024Scope 1: 57,951 tCO2eRevenue: $M 8,733Scope 1 Intensity: 6.64 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MTHKYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 2,488Scope 1 Intensity: 3.14 tCO2e/$MEast Japan RailwayYear: 2023Scope 1: 1,520,000 tCO2eRevenue: $M 18,059Scope 1 Intensity: 84.17 tCO2e/$MNidecYear: 2023Scope 1: 269,000 tCO2eRevenue: $M 16,838Scope 1 Intensity: 15.98 tCO2e/$M

How does Nidec's GHG emissions intensity compare to its peers?

In 2023, Nidec reported a Scope 1 emissions intensity of 15.98 tCO₂e per millions USD. Compared to the peer group median of 4.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Nidec rank on GHG emissions intensity within its industry?

In 2023, Nidec ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Nidec among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Nidec's Total Carbon Footprint

In 2023, Nidec reported a total carbon footprint of 286,200,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.32% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Nidec's total carbon footprint was Scope 3 emissions, accounting for 99.59% of the company's total carbon footprint, followed by Scope 2 emissions at 0.31%. a

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