Sustainability Approach and System
Sustainability Management
Pursuing Value Creation to Address Social Issues and Deliver Sustainable Growth as a Company
Under its mission statement calling for “a safer, smoother society,” “protection of the global environment” and “improved relationships between people,” NSK aims to balance its contribution to resolutions for social issues with sustainable growth as a company by creating collaborative value with all stakeholders. This is NSK’s approach to sustainability.
Moreover, we have positioned fiscal 2022 to fiscal 2026, the period of the Mid-Term Management Plan 2026 (MTP2026) as a period for rebuilding NSK’s corporate foundation for sustainable growth. By undertaking the three key management tasks of “growth with profitability,” “enhancement of managerial resources” and “ESG management,” NSK aims to contribute to a sustainable world and remain a company that is needed, trusted, and continually chosen by society.
Under a governance framework that raises the efficiency, flexibility and fairness of management and strengthens the supervisory function, NSK’s approach to ESG is based on the core values of safety, quality, environment, and compliance. NSK’s approach also defines contribution to resolutions of social issues as a responsibility of the Company. Similarly, upon advancing initiatives, the Company formulated the SDGs Declaration that respects the spirit of the SDGs and selected NSK’s seven key goals based on this approach. While keeping these seven material issues in mind, the Company has drawn up the Declaration of NSK’s Initiatives as strategic initiatives with more clarity. Through its business activities, NSK will contribute to the achievement of the SDGs by continuing to create collaborative value with stakeholders.
Realizing the World Envisioned by NSK and the SDGs (related site)
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CSR/ESG Management Execution System
To uphold the four core values of safety, quality, compliance, and environment, NSK has established a CSR and ESG management system. It is comprised of various committees with members including the President and relevant officers. They deliberate and make decisions on ESG policies for the entire Group, check and review the progress of initiatives, and share information across departments. In other areas, relevant executive departments are working together every day to improve the effectiveness of their activities.
