NEC : signs the "Business Ambition for 1.5℃ Pledge"

Tokyo, Japan, October 26, 2021 - NEC Corporation (NEC; TSE: 6701) has signed the "Business Ambition for 1.5°C Pledge," aiming to keep the rise in global temperature within 1.5 °C.

The Business Ambition for 1.5°C Pledge is a campaign led by the United Nations Global Compact (*1), We Mean Business (*2), and the Science Based Targets (SBT) Initiative (*3) that urges companies to set science-based targets aiming for net zero greenhouse gas (GHG) emissions by 2050. In response to this call, NEC is now aiming for net zero greenhouse gas emissions throughout its supply chain.

NEC has been promoting initiatives to achieve the SBT 1.5°C target as a part of "Responding to Environmental Issues Centered on Climate Change," which is specified as one of the management priority themes of "Materiality" from the ESG perspective in NEC's "Mid-term Management Plan 2025." NEC is also a proud member of "RE100" (*4).

In order to accelerate its GHG reduction initiatives, NEC has resolved to operate its Tokyo-based headquarters and the "NEC Cloud IaaS" (*5) cloud infrastructure service with only renewable electricity from the fiscal year 2022. NEC will also continue to steadily reduce GHG emissions from its own activities and supply-chain, as well as contribute to the reduction of GHG emissions from its customers.

Furthermore, NEC Laboratories America, Inc., which conducts research and development of cutting-edge technologies, has joined "Princeton E-ffiliates Partnership" (*6), a corporate membership program administered by the Andlinger Center for Energy and the Environment at Princeton University in the United States. The Andlinger Center develops a wide range of technologies and policy measures to tackle global energy and environmental issues. The Center convenes non-profits, government entities, and leaders across industries to find solutions in energy and the environment. E-ffiliates offers companies a unique opportunity to be part of this network and engage in close collaborations with affiliated faculties from a broad range of disciplines at the university. Through E-ffiliates, NEC will explore and pursue transformational innovations needed to help realize a decarbonized society.

Going forward, NEC will continue to be a leader in decarbonization by utilizing ICT technologies.