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Thursday, November 21, 2024

NYK Demonstrates Support of Zero Emission Tokyo

Maritime Activity Reports, Inc.

July 11, 2019

In support of initiatives by the Tokyo Metropolitan Government’s Bureau of Environment to make zero CO2 emissions in Tokyo, NYK has donated 14,027 tons of CO2 credits (excess reduction credits) acquired through energy conservation efforts in accordance with Tokyo’s Cap-and-Trade Program (total emission reduction obligation and emission trading scheme).

In its medium-term management plan “Staying Ahead 2022 with Digitalization and Green” released in 2018, NYK announced the group’s intent to integrate environmental, social, and governance (ESG) initiatives into management strategy to positively address the tough issues that challenge our society. In fact, NYK has positioned climate change as one of the company’s most important issues, and has demonstrated such by establishing medium- to long-term environmental targets and becoming the world’s first company in the global shipping business sector to issue labelled green bonds.

NYK aims to contribute to environmental preservation for maintaining a sustainable society.


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