With the goal of achieving carbon neutrality by 2050, NGK SPARK PLUG has established the ‘Eco Vision 2030’. Based on the United Nations’ ‘Sustainable Development Goals’, this vision sets milestones for where the company wants to be by the end of this decade as well as the vision which will be pursued in the following ten years leading up to 2040.
For ‘Eco Vision 2030’, the impacts which the company’s day-to-day operations and products have on both society and the business were analysed, with 13 issues ultimately identified. From these, four main issues, considered to have a greater impact, were selected and given numerical goals. These were ‘Responding to Climate Change’, ‘Expanding Environmentally Friendly Products’, ‘Conserving Water Resources’, and ‘Waste Management’. Through the practice of ‘Eco Vision 2030’, all employees at NGK SPARK PLUG will work together to contribute to the realisation of global carbon neutrality and zero emissions.
“We are undergoing unprecedented change at our company,” says Damien Germès, President & CEO of NGK SPARK PLUG EUROPE GmbH, Regional President EMEA and Corporate Officer of the Global Headquarters in Japan. “Although confronting the issue of climate change provides us with many challenges, it offers many opportunities also, which we are keen to take advantage of. With our Long-Term Management Plan, ‘Nittoku BX’, we have already begun the process of transforming into an environmentally sustainable company fit for the future. Our new ‘Eco Vision 2030’, along with our Venture Labs and our investment in a $100 million Corporate Venture Capital Fund which is being run with the support of the global venture capital firm Pegasus Tech Ventures, clearly demonstrate the path we’re on.”
In the category of ‘Responding to Climate Change’, the company is aiming to achieve a 30% reduction in CO2 emissions compared to 2018 figures, by 2030. To do this, business activities that contribute to a decarbonised society are being given precedence. Indeed, the company has already made significant headway on this front, as evidenced by the exciting progress it is making in the development of Solid Oxide Fuel Cell (SOFC) technology. This, moreover, will provide even further benefits in the future when carbon-free hydrogen can be used as fuel.
In order to be successful in ‘Expanding Environmentally Friendly Products’, the company has established a certification system for environmentally friendly products, which assesses the environmental impact in the supply chain, including in-house production processes. Products that satisfy the certification standards will be announced annually, under the title of ‘Nittoku Green Products’. This certification system will ultimately accelerate the creation of environmentally friendly products.
Along with ‘Conserving Water Resources’ which sets the target of keeping water consumption intensity below the 2018 fiscal year level through the implementation of sustainable business operations, the company is also placing a greater emphasis on ‘Waste Management’. This policy will see NGK SPARK PLUG strive to achieve an over 95% effective utilisation rate in terms of waste. The ‘3Rs’ (reduce, reuse, recycle) will be even further prioritised and a reduction of at least 1% of waste intensity compared to the 2018 fiscal year will be targeted.
Notes to Editors
About NGK SPARK PLUG:
Worldwide: NGK SPARK PLUG is one of the leading automotive and technical ceramics suppliers, with its corporate headquarters in Nagoya, Japan and sales organisations and production facilities all over the world. The automotive side of the company specialises in the fields of ignition and sensor technology, supplying Original Equipment customers across the globe. For the Aftermarket, its product portfolio comprises spark plugs, glow plugs, ignition coils and leads under the NGK Ignition Parts brand. Under the brand NTK Vehicle Electronics the company offers oxygen sensors (including NOx sensors), exhaust gas temperature sensors (EGTS), mass air flow (MAF) and manifold absolute/boost pressure (MAP) sensors as well as engine speed and position sensors. With around 16,400 employees, the company’s automotive and technical ceramics activities generate a total annual turnover of around 3.7 billion Euros worldwide. NGK SPARK PLUG’s EMEA sales represent 32% of this global turnover. NGK SPARK PLUG operates on all continents and has 60 group companies, 35 production plants, five Technical Centres and three Venture Labs.
Aftermarket EMEA: NGK SPARK PLUG has seen significant growth across the Aftermarket since expanding beyond motorcycle parts into the automotive sector in the 1970s. With an outstanding commitment to quality, technology and research & development the company has become the world’s number one in spark plugs and oxygen sensors, and a leading provider of glow plugs, ignition coils and leads as well as further sensor technology. Organisationally NGK SPARK PLUG’s regional headquarters in Ratingen, Germany serves the Aftermarket across Europe, the Middle East and Africa. In the EMEA region the company has six regional companies and more than 1,000 employees, as well as two production plants in France and South Africa and a Technical Centre in Germany.
For more information please visit: https://www.ngkntk.com/
For further information please contact:
Annika Lustig, Specialist PR & Communications, Aftermarket EMEA, NGK SPARK PLUG EUROPE GmbH
Harkortstr. 41, 40880 Ratingen, Germany, AG Duesseldorf HRB 43118
Tel: +49 (0)21 02 974 152 E-mail: email@example.com