NYK Group Decarbonization Story
NYK Group Decarbonization Story
Determined to lead the world's decarbonization efforts towards realizing a sustainable society, the NYK Group released the NDS In November 2023 to powerfully communicate its high aspirations and stance to proactively promote decarbonization efforts inside and outside the Group.
This supplement to "NYK Group ESG Story 2023" explains the NYK Group's GHG reduction initiatives, direction, targets, transition plans, and other related matters, and addresses the concept of sustainable growth.
In October 2024, marking one years since the publication of the NDS, our group released "Progress Report 2024." This report outlines our earnest efforts based on the NDS, highlighting the initiatives we have undertaken over the past year through a process of exploration, as well as the challenges that have become clearer moving forward.
Position Paper
On January 2025, NYK Group released a position paper on carbon dioxide removal (CDR) in which the company indicated that it would purchase credits generated from CDR, an approach to achieve net-zero greenhouse gas emissions by 2050 by offsetting residual greenhouse gas emissions that cannot be avoided through efforts to reduce emissions.