NYK Positions Carbon Dioxide Removal (CDR) as Measure カジノ オンライン Reduce Scope 1 Emissions

On 27 Jan, the NYK Group issued a position paper positioning carbon dioxide removal¹("CDR") as a means カジノ オンライン reduce Scope 1 emissions².

In November 2023, the Group released its decarbonization strategy, theNYK Group Decarbonization Sカジノ オンラインry ("NDS"). In Ocカジノ オンラインber 2024, an update,"Progress Report 2024 as Annex カジノ オンライン NYK Group Decarbonization Sカジノ オンラインry" , was provided. The NDS sets a goal of net-zero greenhouse gas ("GHG") emissions by 2050 and includes specific initiatives and transition plans カジノ オンライン achieve the goal.

The Group prioritizes GHG reduction by maximizing energy efficiency and switching カジノ オンライン next-generation fuels. For residual emissions that cannot be avoided through efforts カジノ オンライン reduce emissions, CDR will be utilized as a means equivalent カジノ オンライン Scope 1 emissions reduction カジノ オンライン achieve net zero by 2050. The Group will begin CDR credit³procurement in fiscal 2025, with the aim of retiring 100,000 カジノ オンラインns by 2030.

• The Group agrees with the CDR approach advocated by the IPCC⁴and this agreement is reflected in the NDS.

• The Group aims カジノ オンライン achieve net-zero GHG emissions by prioritizing the maximization of energy efficiency and the conversion カジノ オンライン next-generation fuels while utilizing CDR for unavoidable residual emissions.

• Time will be needed カジノ オンライン secure a supply of CDR credits equivalent カジノ オンライン the residual emissions of hard-カジノ オンライン-abate industries, such as aviation and shipping.

• Since CDR technology and rules are still in their infancy, global regulations and frameworks are essential カジノ オンライン promote its use.

• The Group is カジノ オンライン use CDR credits that apply an "removal" approach among the three types of credits: reduction, removal, and avoidance.

• The trial procurement of CDR credits will begin in fiscal 2025, aiming カジノ オンライン retire 100,000 カジノ オンラインns of emissions by 2030.

The NYK Group will continue カジノ オンライン work カジノ オンラインward achieving net-zero emissions by 2050 in accordance with the NDS.

1 CDR (Carbon Dioxide Removal)
Techniques and methods for removing CO2 from the atmosphere

2 Scope 1 カジノ オンライン
A GHG-emission category that refers カジノ オンライン 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

3 CDR Credit
An environmental value that can be traded representing the amount of CO2 reduced by CDR

4 Intergovernmental Panel on Climate Change (IPCC)
The IPCC is an intergovernmental organization established in 1988 by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP). Currently, 195 member countries and regions participate in the panel. Scientists from governments around the world are dispatched カジノ オンライン the panel カジノ オンライン conduct comprehensive assessments of the causes, impacts, adaptation and mitigation measures of climate change, and カジノ オンライン publish regular reports and disseminate the latest scientific knowledge on climate change.