On October 28, NYK released "Progress Report 2026," summarizing the advancements made through 2026 under the "NYK Group Decarbonization Story" ("NDS"), which was first announced in November 2023.
Building on Progress Report 2025, this year's report provides details on the latest developments in the Group's decarbonization strategy and highlights specific initiatives.
A Japanese version will be released at a later date.
Click the image to access Progress Report 2026.
Progress Report 2026 is organized into the following chapters and presents specific initiatives supported by quantitative data.
Introduction: Decarbonization Remains a Long-Term Driver of Competitiveness and Growth
Chapter 1. ACHIEVING NET-ZERO EMISSIONS
GHG Emissions Reduction Progress – FY2025 Results –
Tactic 1 Maximizing Energy Efficiency
-Asset-Based Efficiency Improvements
-Operational Efficiency Improvements
Tactic 2 Use of Alternative Fuels
-Fuel Flexibility and Alternative / Low-GHG Fuel Utilization
-Building Readiness for Next-Generation Fuels
-Showcase: Progress in Ammonia-Fueled Vessel Deployment
-Showcase: International Car Operators N.V. (ICO)—
Scope 1 and 2 Emissions Reduction Initiatives at Automotive Terminal Operations
Advancing Scope 3 Management Across the Value Chain
Expanding CDR Pathways and Shaping Global Standards
-Column: Supporting BECCS Scale-Up Through Fuel Procurement
Chapter 2. ENABLING SUSTAINABLE GROWTH
Creating and Delivering Customer Value from Low-GHG Transport
Creating and Capturing Regulatory Value from Decarbonization
Advocacy for Effective and Fair Decarbonization Rules
Three years have passed since the NDS was announced. While the transition to a low-carbon society has progressed more gradually than initially anticipated, the impacts of climate change are becoming increasingly evident around the world. The NYK Group believes that demands for climate action and decarbonization-related regulations will increase again in the future. To respond to demand for low-GHG transport and translate emissions reductions into competitiveness when that time comes, the Group believes it is important to begin strengthening its "readiness" now.
In the NDS, the NYK Group has set out a long-term strategy to achieve net-zero emissions by improving asset and operational efficiency, transitioning to fuels with lower GHG emission intensity, and removing residual emissions. Progress Report 2026 reports on the progress made in translating this strategy into concrete actions, including initiatives to improve energy efficiency, transition to alternative fuels, and advance CDR, as well as the results achieved through these efforts.
The report also highlights initiatives that go beyond viewing decarbonization solely as a cost and instead seek to translate it into competitiveness and business opportunities, including creating value from low-GHG transport, capturing regulatory value, and building readiness for the fuel transition.
The NYK Group will continue to invest and transform its businesses in anticipation of future demand and regulatory changes, aiming to achieve both sustainable logistics and enhanced corporate value.
1 Scope 1 Emissions
A GHG-emission category that refers to the direct emissions of a company or organization, such as CO2 and other GHGs generated by the combustion of fossil fuels through fuel combustion emissions.
2 Scope 2 Emissions
Indirect GHG emissions from the generation of purchased or acquired electricity, steam, heat, or cooling that is consumed by operations that are owned or controlled by the reporting company or organization.
3 Scope 3 Emissions
All indirect GHG emissions (not included in Scope 2) that occur in the value chain of the reporting company or organization, including both upstream and downstream emissions.
4 Carbon Dioxide Removal (CDR)
Technologies and approaches that remove CO2 from the atmosphere.
5 Product Carbon Footprint (PCF)
The amount of greenhouse gas (GHG) emissions generated throughout the entire life cycle of a product or service, from raw material procurement through disposal and recycling, less the amount removed or absorbed, expressed in terms of CO2 equivalent.
