Nippon Yusen

Nippon Yusen, a Japan-headquartered company in the Sea and coastal water transportation services industry, reported total emissions of approximately 31.5 billion kg CO2e in 2024. This included Scope 1 emissions of approximately 11.14 billion kg CO2e, Scope 2 emissions of about 82.4 million kg CO2e, and Scope 3 emissions of roughly 20.35 billion kg CO2e. In 2025, the company's total emissions were approximately 30.5 billion kg CO2e, with Scope 3 emissions at about 20.3 billion kg CO2e. For 2023, total emissions were around 15 billion kg CO2e, including Scope 3 emissions of approximately 3.5 billion kg CO2e.

Nippon Yusen has set several climate commitments. The company aims for net-zero GHG emissions by 2050, including Scope 3 emissions, and specifically for its ocean-going businesses. They also target net-zero GHG emissions from operational emissions (Scope 1 and Scope 2) by 2030. Nippon Yusen has committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 45% by fiscal year 2030, using a 2021 baseline. Furthermore, the company has set intensity targets to reduce Scope 1 GHG emissions per ton-kilometre by 30% by 2030 and 50% by 2050, both from a 2015 baseline. These Scope 1 targets have been validated by the Science Based Targets initiative (SBTi). Historically, the company achieved a 14.3% improvement in fiscal 2015 for both Scope 1 and Scope 2 emissions compared to fiscal 2010.