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NEC named to the CDP “A Listing” for superior Local weather Change and Water Safety initiatives 5 years in a row

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

NEC named to the CDP “A Listing” for superior Local weather Change and Water Safety initiatives 5 years in a row

NEC named to the CDP “A Listing” for superior Local weather Change and Water Safety initiatives 5 years in a row

TOKYO, Feb 6, 2024 – (JCN Newswire) – NEC Corporation (NEC; TSE: 6701) has been acknowledged for management in company sustainability by international environmental non-profit CDP(1), securing a spot on its prestigious “A Listing” 5 years in a row for tackling local weather change, in addition to appearing to guard water safety.


NEC has set forth a coverage for “Residing harmoniously with the earth to safe the longer term” underneath the NEC 2030VISION and positioned decarbonization as a precedence administration theme, materiality, from an ESG perspective. Whereas engaged on the Mid-term Administration Plan 2025, NEC is striving to supply options that contribute to realizing a decarbonized society, responding to international warming, and guaranteeing meals and water safety.

In local weather change mitigation NEC is working to attain internet zero greenhouse gasoline emissions all through its provide chain by FY2040. NEC has additionally proposed “Adaptation Finance”(2) along with its international companions and is selling its implementation in society. Implementing catastrophe prevention and mitigation measures for the ever-increasing variety of weather-related disasters will cut back the harm brought on by disasters. By calculating the impact of this harm discount and changing its worth right into a monetary product, we will change the move of funds. By way of this mechanism, we’re working to understand a resilient society.

Within the area of pure capital, which must be addressed along with local weather change, NEC printed the primary Taskforce on Nature-related Monetary Disclosures (TNFD) report within the Japanese IT business in July 2023 in response to the accelerating international development towards valuing and visualizing biodiversity and pure capital.(3).

Going ahead, NEC will proceed to contribute to fixing environmental points, together with local weather change measures, water safety and pure capital by way of using ICT.

(1)CDP is a global non-profit group during which buyers, corporations, cities, nations, and areas function a world info disclosure system to handle environmental impacts. Almost 24,000 organizations around the globe disclosed information by way of CDP in 2023, together with greater than 23,000 corporations price two thirds of worldwide market capitalization, and over 1,100 cities, states and areas.
(2)Adaptation Finance: A monetary mechanism to speed up the move of funds into catastrophe prevention and mitigation measures by visualizing upfront with DX know-how the financial losses and environmental impacts (future CO2 emissions throughout reconstruction) which are anticipated to be lowered by way of catastrophe prevention and mitigation as quantitative and financial values. It goals to understand a brand new IT platform that carefully hyperlinks the chance mitigation results of catastrophe prevention measures with premiums for funding, loans, and insurance-related merchandise.
(3) NEC publishes the primary Taskforce on Nature-related Monetary Disclosures (TNFD) report within the Japanese IT business, created utilizing the TNFD Beta v0.4 framework.

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

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About NEC CompanyNEC Company has established itself as a frontrunner within the integration of IT and community applied sciences whereas selling the model assertion of “Orchestrating a brighter world.” NEC permits companies and communities to adapt to speedy modifications going down in each society and the market because it gives for the social values of security, safety, equity and effectivity to advertise a extra sustainable world the place everybody has the possibility to achieve their full potential. For extra info, go to NEC at https://www.nec.com.

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Company Information Community.

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