NEC Corporation (NEC; TSE: 6701) has been recognized for leadership in corporate sustainability by global environmental non-profit CDP(1), securing a place on its prestigious “A List” five years in a row for tackling climate change, as well as acting to protect water security.
NEC has set forth a policy for “Living harmoniously with the earth to secure the future” under the NEC 2030VISION and positioned decarbonization as a priority management theme, materiality, from an ESG perspective. While working on the Mid-term Management Plan 2025, NEC is striving to provide solutions that contribute to realizing a decarbonized society, responding to global warming, and guaranteeing food and water security.
In climate change mitigation NEC is working to achieve net zero greenhouse gas emissions throughout its supply chain by FY2040. NEC has also proposed “Adaptation Finance”(2) together with its global partners and is promoting its implementation in society. Implementing disaster prevention and mitigation measures for the ever-increasing number of weather-related disasters will reduce the damage caused by disasters. By calculating the effect of this damage reduction and converting its value into a financial product, we can change the flow of funds. Through this mechanism, we are working to realize a resilient society.
In the field of natural capital, which needs to be addressed together with climate change, NEC published the first Taskforce on Nature-related Financial Disclosures (TNFD) report in the Japanese IT industry in July 2023 in response to the accelerating global trend toward valuing and visualizing biodiversity and natural capital.(3).
Going forward, NEC will continue to contribute to solving environmental issues, including climate change measures, water security and natural capital through the use of ICT.
(1)CDP is an international non-profit organization in which investors, companies, cities, nations, and regions operate a global information disclosure system to manage environmental impacts. Nearly 24,000 organizations around the world disclosed data through CDP in 2023, including more than 23,000 companies worth two thirds of global market capitalization, and over 1,100 cities, states and regions. (2)Adaptation Finance: A financial mechanism to accelerate the flow of funds into disaster prevention and mitigation measures by visualizing in advance with DX technology the economic losses and environmental impacts (future CO2 emissions during reconstruction) that are expected to be reduced through disaster prevention and mitigation as quantitative and monetary values. It aims to realize a new IT platform that closely links the risk mitigation effects of disaster prevention measures with premiums for investment, loans, and insurance-related products. (3) NEC publishes the first Taskforce on Nature-related Financial Disclosures (TNFD) report in the Japanese IT industry, created using the TNFD Beta v0.4 framework.
NEC’s approach to biodiversity www.nec.com/en/global/csr/eco/life.html.
About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
Tokyo, Japan, Boyertown, PA, and Perth, Australia, Jan 18, 2024 – (ACN Newswire) – Global Advanced Metals Pty Ltd (GAM), a leading producer of tantalum powders and metallurgical products, has successfully undergone conflict minerals due diligence audits by the Responsible Minerals Assurance Process (RMAP) of the Responsible Minerals Initiative (RMI).
GAM has achieved another milestone in the furtherance of its leadership role in due diligence and responsible minerals trade: following September 2023 audits, RMAP-RMI has determined GAM Aizu, Japan and Boyertown-Pennsylvania, USA facilities conformant to its audit standard for 14 consecutive years.
To earn RMAP conformance status, a company must successfully undergo a rigorous third-party audit of its smelting operations. The audit includes validating evidence of: adherence to the 5-steps Due Diligence Guidance of the Organization for Economic Cooperation and Development (OECD), acceptable reasonable country of origin evaluation, mine of origin and chain of custody documentation, and verification of scrap sources among other criteria.
“These successful audits put GAM in a unique position to continue driving responsible business practices throughout its supply chains. We will continue working with industry, government and civil society partners to maintain verifiable mine-to-market channels for responsibly sourced minerals,” said Jean-Paul Meutcheho, GAM Director of Sourcing and Corporate Sustainability-ESG.
The RMI-RMAP conflict-minerals due diligence audit program is led and supported by a cross section of industries (e.g., Electronics, Aerospace, and Automotive), governments, and other stakeholders. Downstream companies rely on the conformance of smelters like GAM to comply with Section 1502 of the US Dodd-Frank Act, EU conflict minerals regulations, and other applicable conflict-free minerals’ regulations.
“GAM leadership role in minerals due diligence together with its Safety Health and Environment—SHE excellence (OSHA VPP certification of our US facility) are key components of its corporate Environmental Social and Governance—ESG program. GAM issued its first ESG-Sustainability Report Update (https://globaladvancedmetals.com/wp-content/uploads/2023/06/GAM-ESG-Update_May-12-2023-v11A.pdf) in May 2023 and will continue to strive for the adoption and implementation of responsible business practices throughout its global operations,” said Andrew O’Donovan, GAM CEO.
About GAM
A leading conflict-free tantalum producer, GAM has exclusive rights to the world’s largest industrial resources of tantalum ore located in Western Australia.
GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA and Aizu, Japan plants for a range of industries including electronics, aerospace, automotive, medical and chemical processing.
GAM’s smelting facilities in Japan and the USA were first declared “Conflict-Free” in 2010 under the former EICC/GeSI Conflict-Free Sourcing Initiative (CFSI) audit program and continue to maintain their conformance to the current (RMAP) standard.
About RBA, RMI and RMAP
The Responsible Business Alliance—RBA was formerly known as the Electronic Industry Citizenship Coalition—EICC, The Responsible Minerals Initiative (RMI) was formerly known as the Conflict Free Sourcing Initiative—CFSI, and The Responsible Minerals Assurance Process—RMAP was formerly known as the Conflict Free Smelter Program—CFSP.
Contact Information Jean-Paul Meutcheho jmeutcheho@globaladvancedmetals.com
Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in Advanced Ionics, Inc., a high efficiency, low-temperature water vapor electrolysis technology startup company headquartered in Milwaukee, Wisconsin. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors, including bp. Ventures (bp), Clean Energy Ventures (CEV) and others.
Novel electrolyser in Laboratory of Advanced Ionics
Advanced Ionics is developing a water vapor electrolyzer that utilizes low-temperature water vapor (from 100degC) to produce hydrogen with more than 30% less power consumption than typical water electrolyzers. Since the low-temperature water vapor used can be produced using available industrial heat, it is expected to be used as a highly efficient, locally produced, and locally consumed decarbonization solution in steel, ammonia production, oil refineries, and other plants that have available industrial heat and use hydrogen. It also has the potential for future application in highly efficient hydrogen production using heat and power from nuclear, geothermal and solar thermal power plants.
Mitsubishi Heavy Industries Group is committed to building a business that contributes to realizing a decarbonized society while investing in and collaborating with various partners with innovative technologies. This investment will help Advanced Ionics to accelerate the demonstration for commercialization and accelerate’ the development of future innovative alternative technologies that will lead to the diversification of the hydrogen value chain. Going forward, MHI will continue to enhance and diversify its solutions portfolio, providing its customers with alternative decarbonization technologies to reach their net zero goals.
About bp Ventures
bp Ventures is a venture capital subsidiary of bp p.l.c., a British oil and gas company, and Clean Energy Ventures is a venture capital firm in Boston, U.S., that invests in venture companies working to realize a decarbonized society.
About Advanced Ionics
Advanced Ionics is developing a new type of electrolyzer that utilizes low-temperature steam (100degC~), which does not belong to the existing class of current water electrolyzers (alkaline, etc.). And It is a start-up that has garnered attention and related awards due to the uniqueness of its technology.
For more information, please visit https://advanced-ionics.com/
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Denali today announced the appointment of esteemed executive Robert Vrij as CEO of the 30-year-old, family-owned company, effective immediately.
To support Denali’s global growth and expansion plans, the founding Daher brothers, Mohamad (Alex), Majdi and Mitch, will continue to oversee the company through the Board of Directors in which they will hold all seats. Alex will remain in his role as Chairman of the Board.
All three will support and influence the strategy and direction of the company. Quarterly Board Meetings will be used to report on company objectives and results. In addition, Majdi Daher will support new business development and will remain active in his community engagements and philanthropy.
The company will remain family owned, with the goal of continuing to invest in people and new technologies for a sustainable, multi-generational business.
“We have experienced unprecedented growth in the past two years, and it’s time for Denali to move to the next phase of growth with a focus on excellence and innovation,” Daher said. “Robert brings the perfect blend of global sales and operations expertise, strong industry relationships, and visionary leadership.
“While our company evolves, our culture and core values will remain unchanged. We will continue to be a family-owned business that values our team as family with a customer-first approach to everything we do.”
In the past year, Vrij has served as a senior advisor for the Denali Leadership Team. He has more than 30 years of industry experience, and he is serving as a board member for Congruex.
Prior to these roles, Vrij was Senior Vice President of Hewlett Packard Enterprise (HPE) and Managing Director of HPE Americas, where he was responsible for leading all aspects of enterprise sales, revenue growth and customer satisfaction across the U.S., Canada, Latin America, and the Caribbean.
He also spent five years at Alcatel-Lucent USA as Executive Vice President and Chief of Global Sales and Marketing. In these roles he was responsible for direct and indirect sales in 145 countries -managing $15 Billion in sales, as well as global alliances, marketing, and communications.
Vrij lives in Dallas with his wife Theresa, but will also live part-time near Denali’s Redmond, Wash. Headquarters.
“I am joining Denali at a powerful time in its history and will honor its legacy of growth and innovation,” Vrij said. “Denali’s special culture made an immediate impact on me personally and professionally, and I’m excited about serving such a talented, dedicated team.”
About Denali Advanced Integration
Denali Advanced Integration delivers enterprise IT solutions and services, powered by strategic experts and best of breed technologies to help guide our clients through the most complex IT challenges. Denali was founded by the Daher family in 1992 in Redmond, Washington and has since grown to be a global leader in providing essential enterprise technology with offices, distribution centers and headquarters throughout North America, Europe, Middle East, India, and Asia. Denali provides people, process and technology that helps customers attain and sustain outstanding business outcomes. The company has received several awards from its partners for innovation and outstanding Customer First service. www.denaliai.com
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Mitsubishi Heavy Industries, Ltd. (MHI) in collaboration with four Japanese PWR utilities*, has developed the conceptual design of an advanced light water reactor “SRZ-1200”. This reactor has additional safety features when compared to conventional pressurized light water reactors. It is in the intention of MHI to take the SRZ-1200 conceptual design and proceed with basic design efforts. These efforts will ensure new innovative nuclear technologies are available toward a stable energy supply for Japan.
Advanced light water reactor “SRZ-1200”
The SRZ-1200 is a 1,200MWe class advanced light water reactor designed based on enhanced Japanese regulatory safety standards which incorporates lessons learned from the Fukushima Daiichi accident. Development of the SRZ-1200 is in progress which will ensure the regulatory requirements of “strengthening safety equipment” and “resistance to natural disaster and security against terrorism and unforeseen event” are fulfilled. The cumulation of this development will ensure safety and reliability of the SRZ-1200.
Relative to new safety mechanisms, even though the SRZ-1200 accounts for global lesson learned, low-probability postulated events are still accounted for in the design to ensure plant and public safety. These safety mechanisms include, but are not limited to, an advanced accumulator design, and systems which effectively reduce the probability of radioactivity release in the event of a postulated accident. Efforts of this nature and the resultant SRZ-1200 design features will limit any impact to the public and plant site.
Furthermore, the SRZ-1200 design is intended to enhance operational flexibility which will effectively allow for improved electrical power delivery alongside variable electric power sources such as renewables. The ability to adapt the SRZ-1200 for hydrogen production will also be studied to ensure that all potential uses of energy generated from this plant are efficiently and proactively applied for all of societal needs.
MHI has been involved in the construction and maintenance of all of the 24 PWRs in Japan and has led the efforts to restart and ensure the safe operation of the existing nuclear power plants. These efforts will continue as we bring the SRZ-1200 to market as early as possible to realize a carbon-neutral society for Japan.
The name of SRZ has the following meaning: S: supreme safety, sustainability R: resilient light water reactor Z: ultimate type (Z) contributing to society by Zero Carbon emission. (In Japan, “Z” also has a meaning of “ultimate type”) 1200: represents the electrical power output of 1200MWe class
Taking into account the Fukushima Daiichi accident, MHI Group strives to continuously enhance safety through the restart of existing nuclear power plants as well as the safe and stable operation upon restart. This is part of our contribution to society and we intend to continue this contribution through the development of advanced light water reactors which achieve the world’s highest level of safety.
*Four PWR utilities: Hokkaido Electric Power Co., Inc., The Kansai Electric Power Co., Inc., Shikoku Electric Power Co., Inc., and Kyushu Electric Power Co., Inc.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
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