[Special feature] Monohakobi that enriches lives and protects the environment.

The NYK Group ships transport materials that are vital to life, everything from petroleum, natural gas, and other energy resources to food products, clothing, machinery, and automobiles. Our materials transportation supports global economic growth, but higher transportation volumes also increase the load on the global environment. The NYK Group is responding with ongoing efforts to develop innovative technologies and transportation strategies that will lessen the impact.

Reducing approximately 3 percent of global CO2 emissions.

Ships account for approximately 90 percent of global transportation volumes. According to the International Marine Organization (IMO),^*1 international marine transport produced a total of approximately 870 million tons of CO2 in 2007, which corresponded to approximately 3 percent of the global total, or the rough equivalent of total emissions from Germany. As international transportation volumes continue to grow, the CO2 produced by marine transport is projected to increase between 1.5 and 2.5 fold by 2050. The industry will thus have more of an impact than ever on the global environment.

The NYK Group has set a target of reducing CO2 emissions by a minimum of 10 percent compared to Fiscal Year 2006 levels, with a target date of 2013. We call our groupwide initiatives to cut CO2 the "Save Bunker Campaign," and they include things like reducing cruising speeds for approximately 800 of our ships. These efforts are indeed having an impact. As we move forward, we will continue to develop technologies that contribute to the development of society while reducing our environmental load and cutting CO2.

NYK Group environmental goals

Source: Materials distributed by NYK Line at an August 2008 press conference to announce the NYK Cool Earth Project.

The NYK Group has set the following goals as part of its efforts to protect the environment while continuing to grow its business.

• Long-term vision: Contribute to global efforts to cut greenhouse gas emissions in half by 2050
• Reduction goal: Minimum 10 percent unit reduction from Fiscal Year 2006 levels by 2013

A 3 percent annual increase in marine cargo volumes will result in 3.3 fold growth over a span of 40 years. Reducing total CO2 emissions by half will require that we use innovative technology to cut CO2 emissions per ton-mile by 85 percent.

Environmental management indicator data at the NYK Group

We use environmental management indicators to monitor CO2 emissions per unit of transport by our fleet. These indicators are based on guidelines produced by the IMO. The smaller the numbers, the better the CO2 emissions when transporting the same weight the same distance.

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