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Latest Nidec Corporation news & announcements

Nidec's Embraco Unveils New HVAC Solutions

Nidec Global Appliance (GA) announces that its brand Embraco, a global provider of refrigeration technology for the residential and commercial cold chain, will significantly expand its product offerings. As part of GA’s growth strategy, the company has acquired the scroll compressors manufacturer Xecom, and this acquisition extends Embraco’s capabilities to the heating and air conditioning (HVAC) markets while broadening its presence in the refrigeration segment, solidifying its position as a complete solutions provider. High-performance solutions Alberto Casnati, President of Nidec Global Appliance, emphasizes the game-changing impact of this move: “This is a milestone for Nidec Global Appliance and Embraco, as it now becomes a brand for all climates.” “This acquisition positions us as a more robust player in scroll technology, empowered to deliver high-performance solutions for refrigeration, heating, and air-conditioning while enhancing our technological capabilities.” “The expanded scroll portfolio is tailored to meet the diverse needs of OEMs (Original Equipment Manufacturers) and the aftermarket in both residential and commercial segments and comply with strict international regulations.” Scroll compressors Embraco introduces a portfolio that extends its presence in refrigeration to heating and air conditioning Scroll compressors, renowned for their reliability, energy efficiency, and extended cooling capacity, have already been part of Embraco’s portfolio, and this product offering expansion is a pivotal addition to the brand’s market position. Under the concept “One Brand, All Climates”, Embraco introduces a portfolio that extends its presence in refrigeration to heating and air conditioning. The new lineup includes solutions for commercial and residential applications such as cold rooms, heat pumps, rooftop chillers, packaged units, and central ducted home air conditioners. The newly integrated scroll compressors line ranges from 1.2 HP to 35 HP and supports multiple refrigerants, including R410A, R404A, low GWP options, A2Ls, and R290. Innovation and premium quality Over the past 54 years, Nidec affiliated brand Embraco has built a reputation as a trusted global reference in refrigeration, known for its innovation and premium quality. This new chapter reflects the brand’s strategy to provide complete solutions for its customers. “This portfolio expansion is a planned and expected movement for GA. We will be taking advantage of our sales and distribution channels as well as of our expertise in energy-efficient and reliable technologies to better support our customers across a wider range of applications.” “Our ultimate goal is to do it while maintaining our unwavering values of trust, excellence, and optimal service levels,” adds Casnati.

Nidec Conversion: Net Zero Goals & ESG Targets

Nidec Corporation announced that Nidec Conversion, a division under the Company’s Motion & Energy Business Unit, has unveiled its sustainability promotion plan from 2025 to 2028. Net Zero in CO2 emissions To fulfill its mid- and long-term mission of “Contribute to the Earth with World-Pioneering Motors,” Nidec Corporation identified critical issues to tackle preferentially in expanding its corporate value (“materiality issues”), and promotes initiatives such as “Realize a decarbonized society,” “Address water risks,” and “Society- and eco-friendly sustainable procurement.” In its efforts to realize a decarbonized society, Nidec Corporation aims to achieve Net Zero in CO2 emissions from its business activities by the fiscal year of 2040, and along the entire supply chain by FY2050. Reduction targets based on the SBTi Company set targets of reducing 42 percent CO2 emissions in Scope 1 and 2 As its mid-term targets to achieve these Net Zero goals, the Company set targets of reducing 42 percent CO2 emissions in Scope 1 and 2, and the production of indirection emissions (Categories 1 and 11 of Scope 3) by 25 percent, by 2030 compared to FY2022 emissions, which are CO2 emissions reduction targets based on the SBTi (Science Based Targets initiative) standard.  In addition, the Company contributes to improving energy efficiency and curbing environmental load through high-efficiency motors and electricity generators, battery energy storage systems (BESS), and many other products and technologies. How Nidec Conversion promotes sustainability As an international pioneer in electric solutions, industrial automation, battery energy storage systems (BESS), and other areas of business, Nidec Conversion promotes a sustainable energy transition. The company’s first-ever sustainability promotion plan aims to address issues in the following priority areas in the three-year period of 2025-2028 under the slogan, “Promote Innovations, Drive Sustainability.” Environmental efforts Curb CO2 emissions: Reduce 42 percent CO2 emissions in Scope 1 and 2, and the production of indirection emissions (Scope 3) by 25 percent, by 2030 compared to FY2022 emissions. In addition, achieve Net Zero by 2040 in Scope 1 and Scope 2 CO2 emissions and by 2050 along the entire value chain (Scope 3). Utilize renewable energies: Transition 50% of Nidec Conversion’s total energy needs to renewable electricity by 2030. Reduce environmental load: Reduce water consumption by one-third by 2028. Curb air pollutants’ emissions through pollution prevention strategies. Promoting social responsibilities Supply chain management: Ensure that all sourced minerals are Conflict Free to secure transparency in the supply chain. Promote a proactive safe culture: Spread safety awareness throughout the company with the goal of zero fatalities and serious injuries at work. Support local communities: Support local communities’ development via educational programs and regional efforts. Diversity and equal opportunity: Emphasize human rights and labor practices, and provide all stakeholders with values. Enhancing governance Transparency and accountability: Pursue a key performance indicator (KPI), and assess progress via a third-party audit. sustainability promotion plan: Its background and goals Nidec Conversion will advance its environmental goals by addressing key issues such as climate change Nidec Conversion, with manufacturing plants in Europe, China, India, and the United States, confirms its commitment to technological innovations that support sustainable energy conversion. The company will proceed in line with European Sustainability Reporting Standards (ESRS), accomplishing 8 distinct ESG targets, through 48 strategic actions.  Furthermore, Nidec Conversion will advance its environmental goals by addressing key issues such as climate change, biodiversity protection, and water management, to concretely reduce and control its impact on the ecosystem. Thus, the company enhances its support for its customers and partners to achieve their own decarbonization goals. Long-term perspective Nidec Conversion’s sustainability promotion plan evaluates progress after three years of its initial operation, and sets and constantly updates new targets and milestones. Under its vision, “Promote Innovations, Drive Sustainability,” Nidec Conversion acts to realize a sustainable future. Facilitator of the energy transition Nidec Conversion’s sustainability rise plan evaluates progress after 3 years of its initial operation Dominique Llonch, CEO and President of Nidec Conversion, and Nidec Energy’s Chairman, declared: "Nidec Conversion has always positioned itself as a facilitator of the energy transition. Being able to unveil our first Sustainability Plan this year is a reason for us to be proud and a demonstration of the tangibility of the path we started several years ago."  He concluded, "Today, it is clear that each and every actor must act to their best against climate change, and Nidec, which supports energy transport and saving can make a difference with efficient and resilient technologies." ESG Improvement Plan Simone Cascioli, Global HSE & ESG Director, stated: "We believe that the value of our commitment to sustainable development comes through tangible actions, emphasizing the importance of the environment and local communities." Simone Cascioli adds, "This is why we have embarked on a journey that leads us today to the company's first ESG Improvement Plan: a transparent roadmap of the goals we intend to achieve, inside and outside the world of Nidec Conversion."

Nidec ACIM Opens Carbon-Neutral Campus In Qingdao

Nidec Appliance, Commercial and Industrial Motors (ACIM) Business Unit has officially inaugurated its new Nidec Qingdao Industrial Park. Located in Jiaozhou, it spans the equivalent of 15 football fields and is capable of delivering 18 million motors and over 20 million electronic inverters per year. Equipped with 75 production lines, the site is a result of the integration of two long-standing facilities and consolidates more than twenty years of presence that the company has in Qingdao. advanced waste management The campus was structurally designed and prepared to have carbon-neutral operations Through the integration of motors and electronics production under the same roof, the site is creating strong synergies across processes, expertise and logistics, enabling faster execution and stronger support to serve over 70 customers across Asia, Europe and the Americas. Since the beginning of the project, sustainability was a guiding principle: the campus was structurally designed and prepared to have carbon-neutral operations, in addition to advanced waste management (less than 1% to landfill), rainwater reuse and onsite solar generation. Electric bike charging stations Further features like natural gas-powered kitchens and electric bike charging stations reinforce the environmentally responsible vision. The campus also promotes social wellbeing through rest areas, maternity spaces, clothes changing rooms, showers, and dedicated lockers, all aimed to provide a safe and people-centered workplace. “What makes me proudest is how this campus came to life: shaped with vision, grounded in care and guided by the people who will make it thrive. Aligned with it, comes sustainability which is embedded in the structure and has influenced every choice we made,” said Katia Drusian, CEO of Nidec ACIM. Drusian added: “The Qingdao Campus is a continuation of the path we’ve walked for decades in China, where ACIM already operates 4 major facilities and employs nearly 2,300 people, always with the intention to grow responsibly, relying on the strong engagement with local institutions to then generate long-term value.” Partnership with the Chinese government The close accompaniment and responsiveness to the business needs resulted in an assembly process According to the company, the solid partnership with the Chinese government was a key element. The close accompaniment and responsiveness to the business needs resulted in an assembly process completed in record time - just 18 months - ensuring the plans’ continuity with no disruptions. Moreover, the campus’s location within the Shanghai Cooperation Organization (SCO) Demonstration Zone is seen as an opportunity due to the strategic position it has in China's national strategy as well as for opening possibilities to broader contribution in the regional ecosystem, with further developments, connections and services. Advanced motor and inverter production technologies “This campus was intentionally designed to foster proximity, not only in geographic terms, but also in the way we operate. Being closer to our customers enables us to better understand their needs and respond with greater speed, flexibility, and efficiency, reinforcing our commitment to long-term collaboration." "Our focus remains on serving key industries such as home appliances, air conditioning, food service, and refrigeration through our advanced motor and inverter production technologies. At the same time, we are actively exploring new markets and opportunities where we can bring value,” said Alberto Casnati, President of Nidec Global Appliance. Further development and innovation cycles When it comes to creation, the campus features real-time digital monitoring and an automated warehouse When it comes to innovation, the campus features real-time digital monitoring and a fully automated warehouse. From a product’s development perspective, the 8,500 m² integrated Research & Development center includes 8 laboratories that aim to accelerate further development and innovation cycles. Thanks to its structure and available space, the campus has the possibility to host expansions and vertical integration of components that can enhance supply chain control while reducing lead times. This same foundation positions the site as a potential location for future projects across the Nidec Appliance Automotive Division, to which ACIM belongs. New rounds of discussions and collaborations “For us, this campus is strategic in several ways, including the fact that its size enables us to think about it as an evolving infrastructure, built to grow jointly with Nidec. We have opportunity and space to expand laboratories, production lines, and this is what we will and are already doing." "We are currently getting ready to host electronic production also for the automotive sector, which is part of our Division, but even beyond. In this sense, we plan to start new rounds of discussions and collaborations with the government aiming to generate additional opportunities for our business as well as positive impact within Qingdao and China,” said Valter Taranzano, CEO of Nidec Appliance Automotive Division (AAD). Nidec's new Qingdao campus “Nidec opened its first facility in China in 1992, in Dalian. Today, with the new Qingdao campus, we reaffirm our confidence in this country and in the value of shared, sustainable, innovation-driven growth,” said Mr. Mitsuya Kishida, CEO of Nidec Group.  “This inauguration is a result of solid partnerships, built over time through a common vision and with the support of those who believed in our journey. With Qingdao, we strengthen our ability to look ahead with competence, consistency, and ambition.”

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