In January, prior to the execution of the green/transition financing, NYK obtained a second-party opinion from DNV Business Assurance Japan K.K. regarding NYK's financial framework. NYK also obtained an annex to the second-party opinion concerning the use of proceeds from transition and green bonds and the eligibility of reporting.
NYK Green/Transition Finance Framework
Second Party Opinion on NYK Line Green/Transition Finance Framework
On March 10, 2023, the NYK Group released its medium-term management plan "Sail Green, Drive Transformations 2026 - A Passion for Planetary Wellbeing . " The NYK Group is promoting growth strategies with ESG at the core, based on the Group's mission statement of "Bringing value to life" and a new corporate vision for 2030, which reads, "we go beyond the scope of a comprehensive global logistics enterprise to co-create value required for the future by advancing our core business and growing new ones."
Related Sustainable Domestic Goals (SDGs)
This press release has been prepared for the sole purpose of publicly announcing the Company's issuance of the bonds and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan.
News Releases 2024
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Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world's largest transport and logistics services providers. Net sales break down by activity as follows:
- bulk sea transport (42.7%): dry bulk, vehicles, oil products transport, etc.;
- containers sea transport (37.1%). The group also develops a containers terminals operation activity;
- logistics services (8.2%): storage, warehousing, delivery services, etc.;
- freight air transport (7.8%);
- other (4.2%): primarily real estate management, ships maintenance and repair.
At the end of March 2022, the group had a fleet of 658 vessels.