Nippon Yusen Sustainability Profile
Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a leading global logistics and shipping company headquartered in Tokyo, Japan. Established in 1885, NYK has evolved into a prominent player in the maritime industry, with a strong presence in Asia, Europe, and the Americas. The company operates across various sectors, including container shipping, bulk shipping, and logistics services, offering a diverse range of core products that cater to the needs of its clients. NYK Line is renowned for its commitment to innovation and sustainability, employing advanced technologies to enhance operational efficiency and reduce environmental impact. With a rich history marked by significant milestones, such as pioneering container shipping in Japan, NYK has solidified its market position as a trusted provider of integrated logistics solutions. Its dedication to quality service and customer satisfaction continues to drive its success in the competitive shipping landscape.
DitchCarbon Score
How does Nippon Yusen's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Water Distribution industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nippon Yusen's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nippon Yusen's reported carbon emissions
In 2023, Nippon Yusen Kabushiki Kaisha (NYK), headquartered in Japan, reported total carbon emissions of approximately 14,929,553,000 kg CO2e. This figure includes Scope 1 emissions of about 11,410,363,000 kg CO2e, Scope 2 emissions of approximately 63,342,000 kg CO2e, and Scope 3 emissions of around 3,455,848,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 30% reduction in Scope 1 emissions per ton-kilometre by 2030 and a 50% reduction by 2050, both based on a 2015 baseline. NYK is committed to achieving net-zero greenhouse gas emissions across all scopes by 2050. Specific near-term targets include a 45% reduction in Scope 1 and Scope 2 emissions by 2030, using 2021 as the base year. The company’s initiatives align with the Science Based Targets initiative (SBTi), which supports its commitment to significant emissions reductions in line with climate science. Overall, NYK's climate strategy reflects a comprehensive approach to sustainability, focusing on both operational efficiency and long-term environmental goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 13,360,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 837,919,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Nippon Yusen's Industry?
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Nippon Yusen's Scope 3 Categories Breakdown
Nippon Yusen's Scope 3 emissions, which increased by 6% last year and increased by approximately 312% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 23% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 138% of Scope 3 emissions.
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Nippon Yusen's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nippon Yusen has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Nippon Yusen's sustainability data and climate commitments