In February 2021, NYK issued the “NYK Group ESG Story,” which details how the NYK Group will further accelerate the integration of ESG into its management strategy, and clearly outlines specific activities to make ESG management a growth strategy.

The year 2021 can be regarded as the first year of ESG management, and as such, NYK implemented various ESG measures including the conclusion of a memorandum of understanding (MoU) for the consecutive building of 12 LNG-fueled PCTCs, the issuance of Japan's first transition bond, and the start of the payment of seafarers' salaries in digital currency.

Furthermore, in light of the worldwide demand for decarbonization, we announced a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group's oceangoing businesses.

In addition, in response to the grounding of Crimson Polaris that occurred off the coast of Hachinohe, Japan, NYK fundamentally reviewed and strengthened its safety operation system, renewing the company’s determination to ensure safe operations, our ultimate mission.

Here are the top NYK Group news stories of 2021.