Nippon Yusen

Nippon Yusen's carbon emissions data for the fiscal year 2024 indicates total emissions of approximately 31.5 billion kg CO2e. This figure comprises approximately 11.14 billion kg CO2e for Scope 1 emissions, about 82.4 million kg CO2e for Scope 2 emissions, and roughly 20.35 billion kg CO2e for Scope 3 emissions. For the fiscal year 2023, the company reported total emissions of approximately 14.9 billion kg CO2e, consisting of about 11.42 billion kg CO2e (Scope 1), approximately 63.3 million kg CO2e (Scope 2), and around 3.46 billion kg CO2e (Scope 3).

Nippon Yusen has established several climate commitments. The company aims for net-zero GHG emissions by 2050. This long-term goal is supported by near-term targets, including a 45% reduction in Scope 1 and Scope 2 emissions by fiscal year 2030, using fiscal year 2021 as a baseline. Additionally, the company has set targets for reducing CO2 emissions per ton-kilometre for ships. Specifically, they aim for a 30% reduction by 2030 and a 50% reduction by 2050, both compared to a 2015 baseline. These targets align with a 2°C warming scenario, as validated by the Science Based Targets initiative (SBTi).