At Sustainable Brands 2020 Yokohama (SB’20 Yokohama) held on February 19 and 20, NYK introduced its initiatives to shift to electricity sourced from renewable energy to power operations on Hikawa Maru, an NYK museum ship moored in front of Yamashita Park in Yokohama, in an effort to realize carbon neutrality.

Held at 14 cities in 13 countries around the world (in 2019), the Sustainable Brands is Japan’s largest sustainability conference. It gives guests the opportunity to learn about the latest SDG initiatives and trends, as well as network with domestic and foreign innovators.

On the first day of the event, Toshi Nakamura, senior general manager of NYK’s Green Business Group, participated in a panel discussion on the theme of “contribution for region and sustainable management through renewable energy procurement.” Nakamura introduced NYK’s effort to support the city of Yokohama achieve the goals of its Zero Carbon Yokohama plan* for realizing carbon neutrality, as well as NYK’s initiatives to shift Hikawa Maru’s electricity source to renewable energy by taking advantage of the blockchain technology of Minna-Denryoku Inc.

In accordance with the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the group is working to achieve the SDGs through its business activities.

* Zero Carbon Yokohama plan
A plan enacted by the city of Yokohama to promote efforts to realize a sustainable large-city model by strengthening countermeasures against global warming and achieving decarbonization (net-zero GHG emissions) as soon as possible in the last half of this century.