NYK feted for ESG achievements

For the 21st straight year, NYK has been selected as a component of the FTSE4Good Index Series, representative of the world benchmark indexes designed to measure the performance of companies demonstrating strong ESG (Environmental, Social, and Governance) practices.

NYK was also chosen as a constituent of the FTSE Blossom Japan Index for the seventh consecutive year and the FTSE Blossom Japan Sector Relative Index for the second consecutive year. The FTSE Blossom Japan Index is an ESG investment index used by Japan’s Government Pension Investment Fund (GPIF).

The FTSE4Good Index is a leading indicator used by investors who place importance on corporate social responsibility and sustainability. As of 2023, the index comprised 1,625 companies worldwide, including 226 Japanese companies.

NYK is recognized based on the following initiatives.

  • Formulation of the NYK Group’s medium-term management plan “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing” The NYK Group is promoting growth strategies with ESG at the core, and a new corporate vision for 2030, which reads, “we go beyond the scope of a comprehensive global logistics enterprise to co-create value required for the future by advancing our core business and growing new ones.”
  • Revision of the NYK Group’s Environmental Vision and Environmental Policy, thus strengthening the Group’s environmental management.
  • Formulation of the NYK Group Human Rights Policy in accordance with the Guiding Principles on Business and Human Rights adopted by the United Nations Human Rights Council.
  • Disclosure of information in line with recommendations of the Task Force on Climate Related Financial Disclosures to explain the Company’s analysis, strategy, and initiatives related to climate change
  • The NYK Group’s long-term goal of reducing greenhouse gas emissions — i.e., “achieving net-zero emissions by 2050” — and being the first in the world to implement ammonia-fueled vessels and other social initiatives
  • The company’s biodiversity conservation efforts to understand marine ecosystems by using its ships to collect environmental DNA in the open ocean and to understand the impact of microplastics on the natural environment by collecting marine microplastics.

Photo credit: iStock/ Userba011d64_201

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