NSK Selected as a “2023 Asia-Pacific Climate Change Leader”

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20230530/1685444792190372.png" title="1685444792190372.png" alt="3.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">NSK was evaluated highly for amount of Scope 1 and Scope 2 CO2&nbsp;and other greenhouse gas emissions</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">NSK has been selected as one of the top 275 companies with outstanding environmental achievements in the “Asia-Pacific Climate Change Leaders” survey conducted jointly by the Financial Times and Statista. Of the 275 companies, 130 are Japanese companies.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">“Asia Pacific Climate Change Leaders,” a ranking of 275 companies that made significant progress in reducing their emissions intensity* of Scope 1 and Scope 2 greenhouse gases from 2016 to 2021. NSK was recognized for reducing its emissions intensity through various initiatives to reduce greenhouse gas emissions during the period under review.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">* Emissions intensity = Greenhouse gas emissions / Net sales</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Background</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">NSK is promoting ESG management throughout the NSK Group, and is working on environmental conservation as a part of its comprehensive environmental measures under its “Create and Utilize” approach. “Utilize” refers to customers&#39; and end users&#39; use of NSK products resulting in reducing emissions, and “Create” is about manufacturing NSK products in carbon neutral plants.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">NSK is accelerating the reduction of CO2&nbsp;emissions by introducing high-efficiency production equipment at many of our sites, using energy-efficient air conditioning and lighting, installing solar panels, and switching to electricity derived from renewable energy sources.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Moving forward, NSK will continue to pursue opportunities for sustainable business growth and contribute to a sustainable society by leveraging its technological capabilities to help preserve the global environment.</span></p>