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Nissan announces first sustainability plan with key targets for FY2022

Nissan Sustainability 2022 will strengthen environmental, social and governance initiatives as part of midterm strategy

 

YOKOHAMA, Japan (June 7, 2018) – Nissan Motor Co., Ltd. today launched Nissan Sustainability 2022, a plan to reduce the company’s environmental impact, strengthen diversity and inclusion, and enhance governance, in line with the company’s midterm plan, Nissan M.O.V.E. to 2022.

 

This is the first time Nissan has announced a comprehensive sustainability plan, which pulls together all aspects of its environmental, social and governance initiatives into a unified approach.

 

The plan is anchored by the company’s ongoing Nissan Green Program, which was launched in FY2001 with a long-term vision toward 2050. Nissan Sustainability 2022 will ensure the company is on track to deliver on these goals as it approaches the halfway point, while also expanding the company’s sustainability mindset to include diversity and inclusion, as well as stronger governance.

 

“Nissan Sustainability 2022 is fully aligned with our midterm objectives of delivering steady growth and leading the automotive industry’s technology evolution,” said Hitoshi Kawaguchi, Nissan senior vice president and chief sustainability officer. “We believe sustainable mobility will help achieve a world with zero emissions and zero fatalities. Our plan, further enhanced by our efforts to be a truly diverse and inclusive company, will make an important contribution to that effort.”

 

The plan is organized around an environment, social and governance (ESG) framework, criteria commonly used by investors who monitor a company’s value creation.

 

Environmental initiatives

The fourth generation of the Nissan Green Program will be a key element of the sustainability plan, focused on addressing climate change, resource dependency, air quality and water scarcity.

 

Key targets and initiatives include:

  • Decreasing CO2 emissions from new vehicles by 40% by FY2022, compared with FY2000 levels, achieved partly by increasing vehicle electrification. Nissan, the market leader in battery electric vehicles, aims for annual sales of 1 million vehicles that are all-electric or have electrified powertrains by the end of FY2022. Nissan will also foster deployment of vehicle-to-everything (V2X) systems globally for improved energy management;
  • Decreasing CO2 emissions from production and corporate activities by 30% by FY2022, compared with FY2005 levels, achieved partly by NESCO (Nissan Energy Saving Collaboration) activities lead by global experts;
  • Reducing use of new materials to 70% by FY2022, achieved partly by promoting circular economy of reused and recycled lithium-ion batteries used in electric vehicles;
  • Reducing volatile organic compounds in vehicle production processes; and,
  • Reducing water intake per unit in global production by 21% by FY2022, compared with FY2010.

 

Social initiatives

Nissan has long considered driving safety and corporate philanthropy to be the hallmarks of its social initiatives. The new sustainability plan will build on these commitments, while also focusing on diversity and inclusion.

Initiatives in these areas include:

  • Setting the ultimate goal of reducing fatalities involving Nissan vehicles to zero, achieved partly by promoting increased vehicle safety with more autonomous systems such as ProPILOT, to be offered in 20 vehicles in 20 markets by the end of FY2022; and,
  • Increasing the proportion of female managers to 16% globally, and 13% in Japan by April 1, 2023, partly achieved by providing trainings on diversity and inclusion for all levels of the organization, and proactively implementing remote working and flextime policies to support diverse work styles.

 

Governance initiatives

Nissan Sustainability 2022 also includes improving the company’s governance through enhanced compliance systems.

Nissan has implemented a “three lines of defense” system, ensuring that more consistent compliance management and controls are in place.

 

Further actions include:

  • Consistent communication on compliance messages in the workplace;
  • Compliance management system built and monitored by a dedicated team of experts;
  • Building a function to audit internal control;
  • Appointing independent, fully dedicated regional compliance officers who will be a key line of defense at the regional level;
  • Promoting opportunities for employees’ voices to be heard and non-compliance issues to be resolved in an effective manner through Nissan’s SpeakUp whistle-blowing system; and,
  • Enhancing corporate governance with independent directors making up one-third of the board of directors.

 

For more information regarding Nissan Sustainability 2022, please visit www.nissan-global.com/EN/CSR/.

 

To learn more about the Nissan Green Program, please visit www.nissan-global.com/EN/ENVIRONMENT/GREENPROGRAM/FRAMEWORK/.

 

About Nissan Motor Co., Ltd.
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a sixyear plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.

 

For more information about our products, services and commitment to sustainable mobility, visit

nissan-global.com. You can also follow us on FacebookInstagramTwitter and LinkedIn and see all our latest videos on YouTube.

 

# # #

 

Media contacts:
Koji Okuda or Nicholas Maxfield
+81-(0)45-523-5552
nissan_japan_communications@mail.nissan.co.jp

About Nissan in the UK

  • Nissan Sunderland Plant produces the Nissan Qashqai, Juke, Infiniti Q30 and the 100% electric Nissan LEAF
  • Production of lithium-ion batteries for electric vehicles began in 2012
  • Total plant volume since 1986 stands at more than 9 million units with 80 per cent of production exported to over 100 markets worldwide
  • Total investment made and announced since then is over £4.0 billion
  • 507,436 units were produced at Sunderland plant in 2016
  • Employment in Nissan’s UK design studio (Paddington, London), technical centre (Cranfield Bedfordshire), manufacturing plant (Sunderland, Tyne and Wear) and sales and marketing operations (Maple Cross, Hertfordshire) now totals more than 8,000.
  • A further 28,000 jobs in Nissan’s UK supply chain and 4,000 in its UK dealer network takes the total British jobs supported by Nissan to more than 40,000

 

About Nissan Motor Co., Ltd. Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has a global workforce of 247,500 and has been partnered with French manufacturer Renault since 1999. In 2016, Nissan acquired a 34% stake in Mitsubishi Motors. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.

 

For more information about our products, services and commitment to sustainable mobility, visit nissan-global.com. You can also follow us on FacebookInstagram,Twitter and LinkedIn and see all our latest videos on YouTube.

About Nissan in Europe

Nissan has one of the most comprehensive European presences of any overseas manufacturer, employing more than 17,000 staff across locally-based design, research & development, manufacturing, logistics and sales & marketing operations. Last year Nissan plants in the UK, Spain and Russia produced more than 660,000 vehicles including award-winning crossovers, commercial vehicles and the Nissan LEAF, the world’s most popular electric vehicle. Pursuing a goal of zero emissions and zero fatalities on the road, Nissan is leading the field with its vision of Intelligent Mobility. Designed to guide Nissan’s product and technology pipeline, this 360 degree approach to the future of mobility will anchor critical company decisions around how cars are powered, how cars are driven, and how cars integrate into society. Nissan is positioned to become the most desirable Asian brand in Europe.

http://www.newsroom.nissan-europe.com

Keywords:
Environment, Special Announcements, Corporate

Media Contacts

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