NYK Group Issues NYK Group TNFD Report 2024 — A Passion for

The NYK Group has released its “NYK Group TNFD Report 2024 — A Passion for Planetary Wellbeing,” highlighting its commitment to environmental sustainability. Published on March 17, the report aligns with the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations, aiming to assess and disclose the impact of corporate activities on biodiversity and the natural environment. The report emphasizes the shipping sector, detailing the company’s initiatives to protect natural capital and enhance corporate sustainability.

Focus on Sustainable Shipping Practices

The report centers on the NYK Group’s core business of international shipping and introduces the LEAP approach developed by TNFD. This integrated method assesses nature-related risks and opportunities through four phases: Locate, Evaluate, Assess, and Prepare. A key feature of the report is the “Analysis of Priority Locations,” which examines ocean areas where NYK vessels operate. By analyzing vessel positional data from the past year alongside 16 indicators related to natural capital, the report identifies critical ocean areas that require focused attention.

NYK Obtains Certification under Aichi Biodiversity Corporate Certification System

The NYK Group’s initiatives under the theme “Giving Back to the Oceans” are highlighted, showcasing their efforts to protect marine ecosystems. The company joined the TNFD Forum in December 2023 and became an Early Adopter in January 2024, marking significant progress in aligning with TNFD recommendations for information disclosure. Furthermore, the NYK Group announced its Nature Positive Declaration in October 2024 and joined the 30by30 Alliance for Biodiversity in November, reinforcing its commitment to achieving a nature-positive future.

Commitment to Corporate Sustainability

The NYK Group aims to enhance its sustainable corporate value by balancing growth with the conservation of natural capital. In line with this vision, the company released its medium-term management plan, “Sail Green, Drive Transformations 2026,” on March 10, 2023. This plan emphasizes growth strategies centered around Environmental, Social, and Governance (ESG) principles, reflecting the Group’s mission of “Bringing value to life.” The new corporate vision for 2030 focuses on co-creating future value by advancing core business operations and exploring new growth avenues.

Through these initiatives, the NYK Group demonstrates its dedication to integrating sustainability into its business model, ensuring that corporate growth does not come at the expense of the environment. As the company continues to implement its strategies, it aims to lead the way in promoting responsible practices within the shipping industry and beyond.