NYK Recognized by CDP as One of World’s Top Green Businesses for Sixth Consecutive Year

Underscores Advanced Decarbonization Strategy and Environmental Disclosure

On December 10, NYK was selected as an "A List" company for climate change for the sixth consecutive year as a global leader in climate change response by the international environmental non-profit organization CDP.* This prestigious recognition underscores the company’s ongoing commitment to advanced decarbonization strategies and transparent environmental disclosure.

CDP operates one of the world’s largest platforms for environmental information disclosure, widely recognized as the global standard for corporate environmental transparency. CDP evaluates companies and municipalities based on the comprehensiveness of their disclosure, responses to environmental risks, and ambitious target setting. Responses are assessed through a detailed questionnaire, and scores are assigned on an eight-level scale from A to D⁻.

For the 2025 assessment, company response data is scheduled to be published in January 2025. In the 2024 assessment, more than 22,700 companies worldwide responded, with only 515 companies (approximately 2% of respondents) earning a place on the A List.

NYK’s Key Initiatives

Implementation of the medium-term management plan Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing, strengthening sustainability management and advancing non-financial targets
Publication of NYK Group ESG Story 2023, the NYK Group Decarbonization Story, and Progress Report 2024, clearly outlining the Group’s decarbonization strategy
Comprehensive disclosure of governance, risk management, strategy, and metrics/targets (including GHG emissions and reductions) in line with TCFD** recommendations
Effective operation of an Environmental Management System (EMS) and strong commitment from top management
Expansion and refinement of Scope 3 emissions*** accounting across the supply chain
Active engagement in green finance, including green bonds and sustainability-linked loans

Introduction of LNG, LPG, and methanol-fueled vessels, long-term use of biofuels, and fuel-saving activities to reduce GHG emissions
Research and demonstration projects focused on zero-emission fuels such as hydrogen and ammonia, and liquefied CO₂ transport
Advocacy activity**** and policy proposals through industry associations and international initiatives, in collaboration with stakeholders

* CDP
A global non-profit that runs the world’s only independent environmental disclosure system for companies, cities, states, and regions. Founded in 2000 and working with more than 640 Signature Financial Institutions with over $127 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources, and protect forests.

** TCFD
https://www.nyk.com/english/sustainability/pdf/environment005en.pdf

*** Scope 3 emissions
Indirect GHG emissions across the entire value chain, including procurement of raw materials, transportation, product use, and disposal.

**** Advocacy activity
Proactive engagement with governments, regulators, and industry bodies to influence fair and effective international rules and standards through policy proposals and awareness efforts. NYK has staff stationed in Europe for these activities.