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    6473   JP3292200007

JTEKT CORPORATION

(6473)
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JTEKT : Received the 2020 Energy Conservation Grand Prize "Agency for Natural Resources and Energy Commissioner's Award"

02/10/2021 | 05:22am EST

January 28, 2021

Received the 2020 Energy Conservation Grand Prize
'Agency for Natural Resources and Energy Commissioner's Award'

JTEKT Corporation (hereinafter referred to as 'JTEKT') received the 'Agency for Natural Resources and Energy Commissioner's Award (Small Group Activity Field)' for its 'CO2 Zero Challenge'. The award is a part of the '2020 Energy Conservation Grand Prize (Energy Conservation Case Category)' sponsored by the Energy Conservation Center, Japan.
The 'Energy Conservation Grand Prize' recognizes businesses and its establishments that are promoting excellent energy-saving efforts, products with excellent energy-saving properties, and business models. This time, our 'CO2 Zero Challenge' was highly evaluated, and this was the first award for our company.

JTEKT has been promoting efforts to minimize CO2 emissions based on the 'Environmental Challenge 2050' and the award is the improvement of the field in the 'CO2 Zero Challenge' that we have been working on since 2016. The results of significant energy conservation reductions centered on this were highly evaluated.
We will continue to contribute to the realization of a sustainable society through global environmental conservation activities such as energy conservation activities.

Award summary

[Theme] Initiatives for the CO2 Zero Challenge

[Overview] Achieved significant energy savings by expanding energy-saving activities centered on the 'CO2 Zero Challenge' to all business sites.
The main activities are as follows.

①Production technology innovation that traces back to materials

②'Improvement end-of-life activities' as daily improvement and thorough energy saving during non-operation

③Visualized operation of energy in all production lines

④Energy saving diagnosis by employees

⑤Introduction of renewable energy, etc.

[Results] Through these activities, CO2 emissions were reduced by 11% in FY2019 compared to FY2015.

[Co2 emissions]

[Left: Sato(President), Right: Sano(Senior Executive Officer)]


Based on the JTEKT Environmental Philosophy 'All for One Earth,' JTEKT Group will work as one to take on the challenge of realizing the 'Environmental Challenge 2050.'

Disclaimer

JTEKT Corporation published this content on 28 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2021 10:20:05 UTC.


ę Publicnow 2021
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Net Debt 2022 263 B 2 310 M 2 310 M
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Number of Analysts 5
Last Close Price 1 039,00 JPY
Average target price 1 210,00 JPY
Spread / Average Target 16,5%
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Kazuhiro Sato President & Representative Director
Kazuhisa Makino Director, Executive Officer & GM-Administration
Takao Miyatani Independent Outside Director
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