Concerning initiatives in sustainability materiality, Nippon Steel steadily promotes their execution and follow-up by checking the Key Performance Indicators (KPI) to assess outcome, and strives to contribute to sustainable social development, as well as maintenance and improvement of our corporate value.
1. Safety, environment, and disaster prevention
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Lost time injury frequency rate: 0.10 or less
- Zero fatalities
|
- Fostered a shared crisis awareness and maintained vigilance to build a disciplined workplace
- Prevented accidents caused by rule violations and inadequate TBMs and developed personnel responsible for safety and health activities
- Continued equipment measures based on risk assessment.
- Established a safety and health management system, operated meetings with an emphasis on discussion and dialogue, and promoted the establishment and advancement of safety management through “selection and concentration”
|
- Lost time injury frequency rate: 0.18
- Fatal accidents: 2 (2024)
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1）Promotion of climate change measures
Carbon Neutral Vision 2050 Promotion of CO2 reduction in total
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Target in 2030
30％ reduction in CO2 emissions
- Vision for 2050
Carbon neutral
|
- [High-grade steel production in large size EAF]
Decided conversion from blast furnace process to EAF process at the Yawata Area of the Kyushu Works, and investment in EAFs at the Hirohata Area of the Setouchi Works and the Yamaguchi Works (Shunan).
- [Hydrogen direct reduction of iron (DRI)] [High-grade steel production in large size EAFs]
In HyDreams™, integrated development base for large size EAF and DRI production at Hasaki R&D Center, completed the installation and initiation of trial operations of a test electric furnace and promoting the construction of test shaft furnace.
- [Hydrogen injection into BF]
Confirmed the world’s highest level of 43 ％ CO2 emissions reduction in the Super COURSE50 test furnace.
- [CCUS]
Participated in a survey and study of basic design of three advanced CCS projects for Japan Organization for Metals and Energy Security (JOGMEC).
- NSCarbolex Neutral
Inquiries and adoption expanded in various areas including the private sector (domestic/ overseas construction, manufacturing) and the public sector (public civil engineering, etc.)
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Implementation of “Eco Process”
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Maintained high-level effective use of energy
|
- Effective use of by-product gas (coke oven gas, blast furnace gas, etc.) and waste heat
|
- Utilization ratio of byproduct gas: 100％
- Use of waste heat in steam generation: 74％
- Rate of use of in-house generated energy in power generation: 68％
|
- Promoted adoption of advanced energysaving technology
|
- Adopted high-efficiency power generation equipment and oxygen plant: regeneration burner in reheating furnace
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- Investment cost for energy-saving: ¥ 6.9 bn
|
Enhancement of Eco Products™
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Contributed to emission reductions when using end products through the supply of high-performance steel products.
|
- Expanded the supply of NSCarbolex Solution applicable products/technology
|
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- Expanded the acquisition of the SuMPO EPD (former Eco-Leaf) environmental label
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- Acquired over 80 labels that cover almost all the products
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Contribute with Eco Solutions
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Transfer and dissemination of the worldleading energy-saving technology to help CO2 emissions reduction globally
|
- Growing cumulative CDQ delivery record by Nippon Steel Engineering in the Group
|
- 147 CDQ cumulative units (FY2023)
(contributing to 31.38 mn t-CO2 reduction)
|
2） Contribution to creation of a circular economy
Promote internal zero emissions
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Reduction in final disposal amount 263,000 tons (FY2025 target)
|
- Promotion of recycling of by-products (slag, dust, sludge, etc.) in and out of the Company
|
- Final waste disposal: 257,000 tons
|
Realization of recycling of waste generated in society
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Establishment of a waste plastics recycling system to expand its collection volume
|
- Aggressive promotion of recycling treatment, according to the Chemical Recycling Act
|
- Amount of plastic waste from packaging/container disposed: 140,000 tons
|
3）Biodiversity Conservation and Nature Positive
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Contribution to the conservation of biodiversity and nature positive
|
- Continued consideration of obtaining certification for nature symbiosis sites
- Promoted activities of the Creation of Hometown Forests at steelworks
- Promoted activities of the Creation of Sea Forests
|
- Application in progress for H1 2025
- Greenery space: 849 ha
- Creation of Sea Forests at 70 spots in total
|
4）Promotion of environmental risk management
Protection of the air environment
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Maintaining low-level emissions of NOx and SOx
|
- Installment of equipment that reduces SOx and NOx emissions; shifting to low-sulfur fuel; adoption of low NOx regenerating burners
|
- SOx: 11 mn Nm3
- NOx: 22 mn Nm3
|
- Maintaining of lower discharge levels than voluntary targets in chemical substances
- Emission of VOC (Volatile Organic Compounds):
1,106 tons/year
(down 30% vs. FY2000)
- Benzene: 172 tons/year
(voluntary target, along with the government target)
|
- Continuing efforts based on the voluntary reduction plan
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- VOC: 521 tons/year
- Benzene: 73 tons/year
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Water environment preservation
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Recycling of water; high-level stable use of recycled water
|
- Water treatment, recycling and reuse of freshwater used by the Company
|
- Use of recycled water: app. 90％
|
Reducing disaster risks to zero, and group-wide sharing of effective measures
| Target and KPI |
Main Initiatives and Achievements in FY2024 (including some results in 2024) |
- Serious disaster-related accidents: 0
|
- Promoted activities to prevent recurrence and prevention of disaster-related accidents based on risk assessment
- Promoted initial response training aimed at minimizing damage when a risk occurs
- Implemented various monitoring (audits) as a survey of disaster prevention activities Evaluation of disaster prevention activities through third-party monitoring, hearings from head office management, and self-monitoring by steelworks disaster prevention managers
|
- Serious disaster-related accidents: 0 (2024)
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Quality control and guarantee
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Systemization and automation aimed at more credibility in testing and inspection
|
- To reduce risks caused by human intervention in shipment decision items, promoting system-based automation including automatic data input and pass/fail judgments within the system
- Advancing the development and introduction of AI recognition models for automatic judgment of metallographic structure and reading of marks on products
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3. Research and development and intellectual property
（1）Research and development and intellectual property investment/utilization
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Promotion of strategic research and development aimed at sustainable business growth
- Respect and strategic protection of intellectual property and enhancement of its utilization
|
- Actively promoted research and development related to priority issues such as product sophistication, process efficiency improvement, and the development of carbon-neutraloriented innovative processes
- Promoted strategic use of intellectual property by strengthening patent applications related to priority issues, response to infringement of patent rights, technical tie-ups, and other means
|
- R&D expenses: ¥80.7 bn (consolidated)
- The number of patents held: app. 35,000
(16,000 in Japan and 19,000 overseas)
|
（2）Solutions that result in customer satisfaction
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Enhancing recognition from customers, government, and institutions
|
- Recipient of the 2025 (60th) Japan Society for Technology of Plasticity Award “JSTP Medal,” the 2025 Commendation for Science and Technology by the Minister of MEXT (Development Category), and the 2025 Stainless Steel Industry Award, Gold Prize in the Sustainability Category and Silver Prize in the Marketing Development Category, among others
|
- Number of awards from customers, government, and institutions: 9
|
Stable production and supply
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Initiatives for more stable production and supply (hardware and software)
|
- Enhancement of the stable supply system by promoting measures to expand the electrical steel sheet capacity and improve quality in Setouchi Works Hirohata Area and Kyushu Works Yawata Area
- Standardization of veterans’ operational skills and extended use of experts
- Use of IoT and AI for operational support, improved efficiency of facility inspection and operation monitoring, and reinforcement of predictive monitoring
|
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Secured talent to realize the management strategy
|
- Recruitment initiatives: new graduates, postdoctoral researchers, and experienced professionals, including alumni hiring
- PR initiatives to enhance corporate recognition
- Initiatives to raise retention rate
|
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（2）Human capital development
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Promotion of measures to develop human resources facilitating enhancement of on-site capabilities and technological advancement
|
- Promoted various measures to maximize human resources to enhance their productivity and technological advancement
|
- Hours of training and education: 940,000 hours/year
(33 hours/person, year)
|
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- The number of female employees in management positions: at least 2 times, (vs. 36 in FY2020), and 3 times as target in 2025;
at least 4 times, and 7 times as target by 2030
- Achieving a 100% combined utilization rate of childcare leave and childcare-related leave for male employees
- The ratio of paid holidays taken: 75% or higher
- Wellness management aimed at maximizing people’s ability up to the age of 65, and support to enhance mental and physical health
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- Continued to actively recruit women, implement measures to improve the retention rate, support career development and work-life balance, and provide education for supervisors
- Continued to expand the system and improve the environment to realize flexible work styles and holidays
- Continued various initiatives to promote mental and physical health
|
- Number of women in managerial positions: 91 (as of April 2025)
- Male childcare leave utilization rate: 77%
(Combined utilization rate of male childcare leave and childcare-related leave: 100%)
- Ratio of paid holidays taken: 80.0％
|
（4）Respect for human rights
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Establishment of mechanisms of human rights due diligence and implementation of it to identify and prevent or mitigate negative impact on human rights
- Appropriate response for corrective actions or remedies, if it becomes clear that our business activities have caused or contributed to a negative impact on human rights
|
- Established the Nippon Steel Group Human Rights Policy on April 1, 2024
- Conducted human rights due diligence for suppliers in a specific sector (mining) in FY2024
- Established an inquiry form regarding correction or remedy
- Conduct business activities ethically while fully respecting human rights
|
6. Coexistence with Communities
（1）Environmental preservation/creation activities in communities
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Development of green space to contribute to the local environment
|
- Funding for green space development and maintenance
|
- Expenses for green space development and maintenance: ¥ 1.4 bn
|
（2）Activities mainly in the support of education, sports, and arts
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- Ongoing promotion of hosting plant visits
|
- Proactively accepting plant visits by shareholders, investors, and junior high/elementary school students
|
- Number of plant visitors: app. 90,000
|
- Continual support of corporate patronage of music via Nippon Steel Arts Foundation
|
- Support of music culture via presentation of Nippon Steel Music Awards and operation of the Kioi Hall
|
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7. Corporate value enhancement and profit distribution
（1）Securing of profit and enhancement of corporate value
| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- ROS of 10％
(FY2025 medium- to long-term management plan target)
- ROE of 10％
(FY2025 medium- to long-term management plan target)
|
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| Target and KPI |
Main Initiatives and Achievements in FY2024 |
- 1 Payment of wages to employees
- Amount of bonus payment
- Revised amount of salary
|
|
- Base amount of bonus: ¥ 2.15 mn (FY2025)
- Revised amount of salary:
+¥ 12,000 (FY2025)
|
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- Tax payment (consol.): ¥ 180.9 bn
|
- 3 Dividend payment to shareholders
- Dividend per share
※ Target consolidated payout ratio: around 30% (FY2025 management plan)
|
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- Dividend per share: ¥ 160 (FY2024)
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Thorough implementation of compliance
Adhering to laws and regulations as a base of all activities
