MISSISSAUGA, Ontario – NSK CANADA, manufacturer of bearings and related products, has been selected as one of the Global 100 Most Sustainable Corporations in the World. The Global 100 is a list compiled annually at the World Economic Forum in Davos, Switzerland.
The Japanese parent company is a leader in corporate social responsibility (CSR). All of its facilities will be certified ISO 14001 by the end of 2009, and all follow a comprehensive CSR strategy that emphasizes recycling, green procurement and company-wide environmental education.
NSK has advanced the bearing production process considerably, refining its manufacturing operations and taking significant steps to, among other things, reduce scrap waste, lower CO2 emissions, increase energy efficiency and cut down on the use of harmful chemicals. The company has actively propelled environmental innovation through technologies such as a hybrid solar cogeneration system that uses excess heat from electricity generation to warm production facilities.
NSK also maintains a ‘zero emission policy’. Zero emission is a concept spearheaded by the United Nations University (through its Zero Emissions Forum) by which businesses emulate the sustainable cycles found in nature.
Also making the grade of industrial and materials sector companies on the Global 100 list were ATLAS COPCO AB, MITSUBISHI HEAVY INDUSTRIES, RIO TINTO PLC, JOHNSON MATTHEY PLC, and ALCOA INC. The entire list is posted at www.Global100.org.