NYK joined the Taskforce on Nature-related Financial Disclosures ("TNFD") Forum in December 2023 and became a TNFD Early Adopter on January 9 this year.

The TNFD is an international initiative that aims to create a framework for companies and organizations to assess and disclose the impact of their economic activities on the natural environment and biodiversity. The TNFD Forum, which includes NYK, comprises companies, financial institutions, research institutes, and other organizations that have joined to support discussions and assist in establishing the framework. By becoming a TNFD Early Adopter,* NYK aims to disclose information in line with the TNFD recommendations** in fiscal 2024 or 2025.

NYK aims to proactively disclose information about the impact of the NYK Group's activities on the natural environment and biodiversity and to achieve sustainable corporate growth by balancing economic growth and biodiversity conservation.

NYK’s biodiversity preservation efforts can be found at the link below.

* TNFD Early Adopters
Companies registered as TNFD Early Adopters by January 10 will be announced at the World Economic Forum Annual Meeting (Davos Meeting) in Davos, Switzerland.

** TNFD recommendations
The TNFD recommends 14 items for disclosure, with the main items being governance, strategy, risk and impact assessment, and indicators and objectives.