Nissan Sustainability 2022 sets goals for 2022 covering the three aspects of Environmental (E), Social (S) and Governance (G), and the initiatives to meet these goals are on track to achieve their targets.
The four key pillars of the Nissan Green Program 2022 (NGP2022) midterm environmental plan are Climate Change, Resource Dependency, Air Quality and Water Scarcity, and initiatives addressing all four are well underway.
Particularly with respect to electrification as a way of contributing to CO2 emissions reduction, we are actively expanding our efforts to establish a firm leadership position. Total cumulative sales of the Nissan LEAF, 100% electric vehicle (EV), exceeded 400,000 as of March 2019, and we plan to develop eight new EVs by fiscal 2022. Additionally, the Nissan-developed electric powertrain e-POWER, which has earned high praise from customers after seeing use in the Note and the Serena, will soon be rolled out globally. What’s more, by encouraging the adoption of solutions that take advantage of EV batteries’ ability to store and discharge electricity, we are making a powerful contribution to the realization of a zero-emission society by establishing an entire ecosystem around EVs.
We are advancing initiatives to respect the rights of all stakeholders in the areas of traffic safety, diversity and inclusion, quality, supply chain, employees and community engagement. Cars equipped with our ProPILOT driver assistance technology are coming to market around the world, with cumulative sales exceeding 350,000 as of the end of March 2019. In July 2019, we announced the first car featuring ProPILOT 2.0, the Skyline, to be released for sale in Japan. With traffic accidents involving older drivers an acute concern in Japan recently, actively pursuing the development of advanced driver assistance technology helps to reduce accidents and contributes to the realization of a zero-fatality society.
Governance is the foundation of our corporate activities and a vital part of being a company that is trusted by society. Issues such as nonconforming final vehicle inspections and the misconduct of our former Chairman and other individuals led us to reassess the challenges we face with respect to compliance and corporate governance. We identified the laws and regulations that we must obey in each area of operations in Japan, and then carried out checks to ensure that every department was in strict compliance. We are currently extending this initiative to overseas operations to improve our compliance framework. Regarding corporate governance, based on the recommendations from the Special Committee for Improving Governance, at the June 2019 Ordinary General Meeting of Shareholders, a resolution was approved to transition to a company with three statutory committees. By clearly separating management functions from supervision and auditing, we are making rapid progress toward the reconstruction of our governance.