Nidec Conversion Unveils 2025–2028 ESG Plan to Drive Sustainable Transformation

Nidec Conversion, an international operator in the supply of Power Solutions, industrial automation, power quality and BESS (Battery Energy Storage Systems), has presented its first ESG Improvement Plan, summarised in the project slogan “Powering the Change, Driving Sustainability.”

Nidec Conversion, with production facilities in Europe, China, India, and the United States, has confirmed its commitment to promoting a sustainable energy transition across its production processes, supply chain, and product innovation, providing advanced technologies to support the industry and actively contributing to the fight against climate change.

“We believe that the value of our commitment to sustainable development comes through concrete actions, highlighting the importance of the environment and local communities,” said Simone Cascioli , Global HSE & ESG Director of Nidec Conversion. “This is why we have embarked on a journey that has led us today to the company’s first ESG Improvement Plan: a transparent roadmap of the objectives we intend to achieve, both inside and outside the world of Nidec Conversion.”

Nidec Conversion’s ESG results

Nidec Conversion, headquartered in Milan, Italy, has more than 2,200 employees and 11 production sites globally to support growth in sectors such as BESS, drives, and electric vehicle (EV) charging stations. The company adopts an integrated approach to environmental sustainability, focusing on responsible resource management, energy efficiency, and waste reduction through the implementation of innovative solutions.

As part of Nidec Corporation, a global player in the motors and drives sector, Nidec Conversion offers products geared towards optimising consumption, placing them at the forefront of the energy storage sector, which includes projects in hydrogen technology, projects for the electrification of port docks and the installation of electric vehicle charging stations to accelerate the global energy transition.

With an initial roadmap to be implemented between now and 2028, Nidec Conversion’s ESG Improvement Plan starts with a materiality map to guide several key actions: reducing pollution from both customers’ end-use applications and Nidec Conversion’s operational activities, supporting customers and partners in achieving their decarbonization goals; ensuring a culture of sustainability, innovation, health, and safety throughout the supply chain, emphasizing positive social impacts and generating benefits for the local area and communities; and maintaining transparent and responsible corporate governance to build trust and value over the long term.

The company will proceed in line with the European Sustainability Reporting Standards (ESRS), achieving eight distinct ESG objectives through 48 strategic actions (23 for the Environment, 16 for Social, and nine for Governance) aligned with the 14 Sustainable Development Goals . These objectives and actions will be integrated into the company’s operations over a three-year period, from 2025 to 2028.

Nidec Conversion will pursue its environmental objectives by addressing key issues such as climate change , biodiversity protection and water management.

The company aims to achieve net zero CO2 emissions for Scope 1 and 2 by 2040 and for Scope 3 by 2050 through specific resolutions and by reassessing its supply chain to effectively reduce and control its impact on the ecosystem. The initial environmental targets include a 42% reduction in CO2 emissions for Scope 1 and 2 by 2030 and a 25% reduction in indirect emissions (Scope 3) compared to fiscal year 2022 emissions.

This transition will be fueled by a rapid shift to renewable energy for business activities and operations, with the goal of converting 50% of Nidec Conversion’s total energy needs to renewable electricity by 2030.

Powering the Change, Driving Sustainability also aims to generate a positive social impact , as Nidec Conversion is committed to creating a corporate culture based on health and safety, respect, and equal opportunities, emphasizing the importance of people’s contributions within the organization and throughout the value chain. The company has continued its commitment to safety with the goal of eliminating fatal accidents and serious injuries at work, promoting a proactive safety culture through employee engagement.

Nidec Conversion also actively supports local community development through educational programs, field initiatives and strategic partnerships , enabling the company to advance its social goals in a way that is visible to the groups it benefits, with a particular focus on human rights, labor practices and community development to ensure equal opportunities in all aspects of the workplace, business operations and service provision.

Finally, Nidec adopts the highest standards of corporate governance , ensuring transparent, responsible, and ethical management, aimed at creating lasting value for all stakeholders and strengthening the company’s trust and credibility over the long term. This integrated approach to sustainability is monitored through comprehensive systems that track key performance indicators, with regular internal reviews and annual third-party audits.

Nidec Conversion’s Sustainability Plan has been structured to be updated periodically following the first three years of operation, with the inclusion of new objectives and monitoring of the achievement of previous milestones, as defined by the ESG Improvement Plan itself.

__

(Featured image by Zaptec via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.