NGK’s Core Policy on the Environment

In April 2021, the NGK Group established the NGK Group Vision: Road to 2050 along with the NGK Group Environmental Vision. The NGK Group Environmental Vision is centered on making contributions to carbon neutrality, a recycling-oriented society, and harmony with nature. In April of the same year, we revised NGK’s Core Policy on the Environment based on the NGK Group Environmental Vision. On the basis of the revised policy, the NGK Group works to reduce the environmental impact of business activities, and actively strives to help protect the environment by developing products and technologies to that end by following the Guidelines for Environmental Action.

NGK Group Vision

NGK Group Environmental Vision

Scope of Application

All NGK Group Sites

  • NGK: Head Office, Nagoya Site, Chita Site, Komaki Site, Ishikawa Plant, Tokyo Main Office, Osaka Branch, and six other sales offices
  • Group companies: 45 consolidated subsidiaries

Use of Green Bonds*

In December 2021, the NGK Group issued its inaugural green bond (unsecured corporate bond), which aims to achieve its goals of NGK Group Vision: Road to 2050 and NGK Group Environmental Vision. The proceeds of the green bonds will be used to finance carbon-neutral R&D and the Group’s decarbonization projects, all designed to put the vision into practice. NGK’s green bond framework has received the highest rating of Green 1 (F) in the JCR Green Finance Framework Evaluation of Japan Credit Rating Agency, Ltd. (JCR), a third-party agency.

Green bonds: Bonds issued with limits on the use of proceeds, which is specifically for projects that improve the environment

Sustainable Finance