Deepening core businesses and developing new businesses by implementing ESG management
Under its medium-term management plan, now in its second year, NYK has been aiming to further enhance its corporate value by deepening core businesses and developing new businesses based on ESG management. In addition to implementing measures related to safety, the environment, and human resources as important materialities, the corporate group has been playing its role in energy transition, a societal demand.Specifically in its core businesses, NYK signed a memorandum of understanding with an Indonesian state-owned company to cooperate in liquefied CO2 and LNG transportation and ship management (June) and agreed with ENEOS Ocean to acquire businesses other than crude oil carriers (July). Additionally, NYK opened the Akita School of Wind and Sea in January for training related to offshore wind power generation.Furthermore, NYK completed the world’s first commercial ammonia-fueled tugboat, took measures to establish an ammonia supply chain, made progress in liquefied CO2 transportation technology, and established a production system. As a corporate group that develops logistics businesses centered on ship operations, we have been promoting the decarbonization of logistics, which is the foundation of many industries, in cooperation with shipyards, marine-equipment manufacturers, partner companies in Japan and overseas, and local governments. These efforts were published in October in “Progress Report 2024,” an annex to the NYK Group Decarbonization Story, which summarizes the full scope of the NYK Group’s decarbonization efforts and progress and provides examples of co-creation.In 2025, the second half of the medium-term management plan, the NYK Group will work as one to promote growth strategies that place ESG at the core and further enhance long-term corporate value through “co-creation.”Here are the top NYK Group news stories for 2024.[embedded content]
Core and New Businesses
ESG Management
Safety
Environment
Human Resources
The news on this website is as of the date announced and may change without notice.
Ven. Gen 3rd, 2025
