Japan: NYK Leads the Way in Cutting Carbon Emissions

NYK has been selected by the Carbon Disclosure Project (CDP) as one of only five companies in the FTSE Japan Index of nearly 500 Japanese companies to be included in the Carbon Performance Leadership Index (CPLI).

In addition, the company was one of 22 companies to be included in the Carbon Disclosure Leadership Index (CDLI). NYK is the only company in the shipping and logistics industry to be included in both indexes.

Each year, company responses are reviewed, analyzed, and scored by the CDP for the quality of disclosure and performance on actions taken to mitigate climate change, and the highest scoring companies for disclosure and performance enter the CDLI and the CPLI respectively.

The Carbon Disclosure Project is an independent not-for-profit organization representing 655 investors working to drive greenhouse gas emissions reduction and sustainable water use by business and cities. Its annual information request was sent to the Japan 500 target companies asking the companies to measure and report what climate change means for their business.

The NYK Group openly discloses environmental impact data for the approximately 800 ships it operates, including chartered vessels, and has made significant efforts to reduce any negative environmental impact by the company. In addition, this year NYK has received certification from a third-party certifier to collect and disclose accurate numerical data on greenhouse gas emissions covered by Scope 1, 2, and 3 of the GHG Protocol.

NYK makes every effort to manage environmental risks and contribute to a sustainable society to ensure an optimal balance between economic progress and environmental protection.

[mappress]

NYK, November 1, 2012