Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 6 February 2024, 15:06 HKT/SGT
Share:
    

Source: NEC Corporation
NEC named to the CDP "A List" for advanced Climate Change and Water Security initiatives five years in a row

TOKYO, Feb 6, 2024 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has been recognized for leadership in corporate sustainability by global environmental non-profit CDP(1), securing a place on its prestigious "A List" five years in a row for tackling climate change, as well as acting to protect water security.


NEC has set forth a policy for "Living harmoniously with the earth to secure the future" under the NEC 2030VISION and positioned decarbonization as a priority management theme, materiality, from an ESG perspective. While working on the Mid-term Management Plan 2025, NEC is striving to provide solutions that contribute to realizing a decarbonized society, responding to global warming, and guaranteeing food and water security.

In climate change mitigation NEC is working to achieve net zero greenhouse gas emissions throughout its supply chain by FY2040. NEC has also proposed "Adaptation Finance"(2) together with its global partners and is promoting its implementation in society. Implementing disaster prevention and mitigation measures for the ever-increasing number of weather-related disasters will reduce the damage caused by disasters. By calculating the effect of this damage reduction and converting its value into a financial product, we can change the flow of funds. Through this mechanism, we are working to realize a resilient society.

In the field of natural capital, which needs to be addressed together with climate change, NEC published the first Taskforce on Nature-related Financial Disclosures (TNFD) report in the Japanese IT industry in July 2023 in response to the accelerating global trend toward valuing and visualizing biodiversity and natural capital.(3).

Going forward, NEC will continue to contribute to solving environmental issues, including climate change measures, water security and natural capital through the use of ICT.

(1)CDP is an international non-profit organization in which investors, companies, cities, nations, and regions operate a global information disclosure system to manage environmental impacts. Nearly 24,000 organizations around the world disclosed data through CDP in 2023, including more than 23,000 companies worth two thirds of global market capitalization, and over 1,100 cities, states and regions.
(2)Adaptation Finance: A financial mechanism to accelerate the flow of funds into disaster prevention and mitigation measures by visualizing in advance with DX technology the economic losses and environmental impacts (future CO2 emissions during reconstruction) that are expected to be reduced through disaster prevention and mitigation as quantitative and monetary values. It aims to realize a new IT platform that closely links the risk mitigation effects of disaster prevention measures with premiums for investment, loans, and insurance-related products.
(3) NEC publishes the first Taskforce on Nature-related Financial Disclosures (TNFD) report in the Japanese IT industry, created using the TNFD Beta v0.4 framework.

NEC’s approach to biodiversity www.nec.com/en/global/csr/eco/life.html.

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.




Topic: Press release summary
Source: NEC Corporation

Sectors: Enterprise IT
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


NEC Corporation Links

http://www.nec.com

https://www.facebook.com/nec.global/

https://twitter.com/NEC_corp

https://www.youtube.com/user/NECglobalOfficial

https://www.linkedin.com/company/nec/

NEC Corporation
Oct 3, 2025 22:01 HKT/SGT
NEC Security to Provide Cybersecurity Services for GREENxEXPO 2027 (International Horticultural Expo 2027,Yokohama, Japan)
Sept 30, 2025 18:52 HKT/SGT
Ouribank Signs Agreement with NEC to Implement AI-Native Data Center and Campus Network from HPE Juniper Networking for Enhanced Operational Efficiency
Sept 29, 2025 15:24 HKT/SGT
NEC Releases Third Edition of TNFD Report
Sept 26, 2025 20:20 HKT/SGT
NEC Launches 25Gb/s SFP28 Bi-directional Optical Transceiver Capable of 80km Transmission
Sept 24, 2025 13:43 HKT/SGT
Meta, SoftBank Corp., IPS, TM, XLSmart, and NEC to build the Candle Submarine Cable System, Intra Asia, 24-Fiber Pair Optical Submarine Cable, Connecting Japan to Singapore
Sept 19, 2025 18:00 HKT/SGT
MOTER Technologies and NEC Form Strategic Capital Alliance to Advance the Future of Mobility Through Digital Innovation
Sept 16, 2025 13:00 HKT/SGT
NEC Publishes ESG Initiatives Supporting Sustainable Growth of Companies and Society in "ESG Databook 2025"
Sept 12, 2025 14:08 HKT/SGT
The University of Osaka D3 Center Commences Operation of New Computing and Data Infrastructure Built by NEC
Sept 5, 2025 10:20 HKT/SGT
NEC participates in Locked Shields 2025 hosted by the NATO Cooperative Cyber Defence Centre of Excellence
Sept 4, 2025 10:15 HKT/SGT
NEC to begin proof of concept for early earthquake detection and analysis in Colombia
More news >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: