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 organised around an environment, social and governance framework, criteria commonly used by investors who monitor a company's value creation.
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:
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:
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:
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