We have set out the NYK Group Environmental Vision as our desired environmental stance, formulated the Group Environmental Policy, and are working to address environmental issues.

Our long-term GHG reduction target is to achieve net-zero emissions by 2050. We will position this decoupling of business growth and environmental impact as its core strategy and contribute to the realization of a decarbonized society while also achieving sustainable growth as a company.

We have positioned marine LNG as a bridging solution to the practical use of zero emission fuels. In addition to efforts to "not emit" GHGs by using next-generation fuel such as ammonia and renewable energy, we are also working to "reduce" and "remove" GHGs, as well as promoting research and development and co-creation with external parties.

To understand the environmental impact of the entire Group and encourage each company to take action, we collect, compile, and disclose environmental performance data from our domestic and overseas consolidated subsidiaries.

We recognize the potential impact of our business activities on the marine environment and living organisms, and we strive to protect marine environment and biodiversity.

With the aim of realizing a circular economy, we are focusing on ship recycling and are implementing initiatives at each stage of ship procurement, operation, and breaking.

We are working to reduce air pollutants emitted from ships and other sources in accordance with international regulations and local regulations.

To achieve our GHG reduction target of "Net Zero Emissions by 2050," it is important to raise the environmental awareness of all employees. In order to foster a corporate culture in which each and every member of our group sees environmental issues as their and takes proactive action, we have repeatedly conducted environmental education and awareness-raising activities, and established and are operating a system in which personnel from each group company and department are involved in the collection and compilation of GHG data.

NYK issued the shipping industry's first green bonds in 2018 and Japan's first transition bonds in 2021. The company has made pioneering efforts in ESG finance.
NYK will continue to promote ESG finance to support business sustainability. The company aims to have its growth strategy based on ESG management.