Nissan’s latest sustainability report outlines actions taken to achieve ESG goals

MANILA: Nissan Motor Co., Ltd. has released the Nissan Sustainability Report 2022 that summarizes the company’s strategy to fulfill its environmental, social, and governance (ESG) goals.

In the report, Nissan presented a materiality matrix that is used to evaluate the company’s core values and effects on society, the environment, and the economy.

Nissan Motor Co., Ltd. Chief Sustainability Officer Joji Tagawa said, “Nissan is determined to be a truly sustainable company, which is central to the trust placed in us by all stakeholders. Our progress and achievements from the past year emphasize how sustainability lies at the heart of our purpose-led growth strategy, and how long-term value creation is driven at the intersection of innovation and sustainability. We will further strengthen our efforts to address the key issues we have identified.”

Tagawa reiterated Nissan's goals to become carbon neutral by focusing on areas where Nissan can add the most value, such as reducing exhaust emissions from its products and introducing electrified versions of all new models by the early 2030s. Nissan will advance battery and vehicle technologies while extending programs like 4R and Blue Switch to improve the EV ecosystem. Other projects include developing technologies to improve vehicle safety, giving access to these technologies to more customers, and offering inclusive mobility solutions designed to give everyone access to safe and dependable mobility.

Nissan is the first Japanese carmaker to join the worldwide Race to Zero campaign, which is supported by the United Nations. Nissan's ESG priorities include reducing its carbon footprint throughout the whole value chain. Nissan aims to expand the use of renewable energy to reduce emissions and provide society with safe energy management solutions. To do this, Nissan is collaborating with various sectors, communities, and governments.

Nissan also revealed that it is establishing a sustainable finance framework to support fundraising initiatives targeted at developing eco-friendly products, technology, and innovative mobility services.

Respect for human rights is key to the company's sustainability efforts and Ambition 2030 because it forms the cornerstone of its corporate culture. Nissan will step up its efforts to create a diverse and inclusive environment where employees and partners can perform to the best of their abilities.

Nissan also hosted the Nissan Sustainability Seminar 2022, wherein a panel of ESG experts talked about the critical importance of sustainability, the need to gather ideas to battle climate change, and the ways in which partnerships may address these pressing issues.

Photos from Nissan Motor Co., Ltd.

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