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NYK Scholarships Offered for 15th Consecutive Year in China

During the month of November, NYK offered scholarships to 76 outstanding Chinese students at two Chinese universities. Since 2001 when the NYK Group initiated this CSR program, a total of 896 students have received the scholarships from NYK.

On November 18, an awards ceremony was held at Shanghai Maritime University (SMU), where 36 students were recognized for their academic excellence and fine demeanor and encouraged to develop themselves into socially responsible and intelligent young business men and women filled with an international vision. Those in attendance included Mr. Yuji Isoda, NYK corporate officer and chief representative for China, and Mr. Jin Yongxing, the chairman of SMU Council

At the ceremony, Mr. Isoda commented, "I believe mutual understanding and toleration is the ultimate goal of a quality education. And university is the best place to cultivate such a spirit. In fact, mutual understanding through face-to-face communication between youths like you is an indispensable process to achieving deeper, friendlier bonds between Japan and China." Mr. Jin spoke about SMU's cooperation with NYK and offered his sincere appreciation for NYY's 15-year devotion to maritime education.

On November 9, prior to the ceremony at SMU, another awards ceremony was held at Dalian Maritime University (DMU), where 40 students were given scholarships by Mr. Isoda. DMU vice president Shan Hongjun expressed his appreciation and respect for NYK's long-term support, particularly during years when economies and the maritime industry were struggling.

The NYK Group, as a good corporate citizen, will continue to support maritime education for global trade and society to contribute to the achievement of a better global society.

NYK Included in Climate Disclosure Leadership Index for a Fourth Consecutive Year

NYK has been included in the CDP*???s Climate Disclosure Leadership Index (CDLI) for a fourth consecutive year. The company received a perfect score in the CDP's 2015 Climate Change Information Request, ranking in the top 10 percent of the CDP???s Japan 500 target companies.

NYK gathers environmental performance data within the NYK Group from 356 offices and about 800 vessels around the world. Since 2012, NYK???s collection and disclosure of numerical data on CO2 emissions covered by Scope 1, 2, and 3** have been certified as accurate by a third-party certifier.*** In addition, NYK makes every effort to improve and disclose its environmental data, and promotes the reduction of environmental impacts through the development of innovative technologies, such as the implementation of LNG fuel.

NYK contributes to the realization of a global environment and sustainable society and aims to be a leading company in the safety and environmental field based on the group???s medium-term management plan, ???More Than Shipping 2018.???

 

* CDP

The CDP is an international, not-for-profit organization providing the only global system to measure, disclose, manage, and share vital environmental information. The CDP harnesses the power of market forces, including 822 institutional investors with assets of US$95 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and other issues related to the environment. The CDP???s annual information request was sent to 500 major Japanese companies asking the companies to measure and report data and information on climate-change-related issues affecting the companies.

 

** Details of the NYK Group's compliance with Scope 1 to 3 are provided in the table below.

 

Remarks

Sample objects for calculation

Scope 1

Sources of manageable direct emissions

Greenhouse gas (GHG) emissions, such as those from fuel usage, through the company???s own activities at owned facilities

CO2 emissions from fuels (city gas, heavy oil, light oil, gasoline, etc.)

Scope 2

Sources of manageable indirect emissions

Among GHG emissions resulting from energy consumption, those generated by purchased electricity and heat (steam, hot and cold water)

CO2 emissions generated by power companies and resulting from electricity usage, and CO2 emissions generated by regional heat suppliers and resulting from the usage of steam, and hot and cold water

Scope 3

Indirect emissions through a company???s value chain apart from Scope 2

GHG emissions through the value chain, including purchasing raw materials and products required for business operations, and product transport and services to offer

CO2 emissions resulting from commuting and business trips by the employees, the manufacture of vessels and air freighters, and the refining of bunker and jet fuels

 

 

NYK and YLK Jointly Hold Training Program for Staff from around the World

From October 19 to 23, Nippon Yusen Kabushiki Kaisha (NYK; head office: Tokyo; president: Tadaaki Naito) and Yusen Logistics Co. Ltd. (YLK; head office: Tokyo; president: Hiromitsu Kuramoto) jointly conducted their 2015 Global NYK/YLK Week, a training program targeting NYK and YLK staff from offices around the world. Twenty-five overseas staff members ??? 12 from NYK and 13 from YLK ??? were nominated from the Group???s global business bases to attend the program along with two Japanese staff members from each company???s headquarters in Tokyo.

This training program has been jointly held by NYK and YLK since 2012 to deepen the interchange among the participants across national, division, and company boundaries and further strengthen links and networks within the Group.

This year???s program was held under the theme of ???Bring Value into Action.??? The participants discussed the enhancement of competitiveness through a heightened understanding of the NYK Group Values,* and presentations were given about each business segment???s strategy based on the NYK Group???s medium-term management plan. The participants actively exchanged opinions while engaging in group work designed to deepen their understanding of the NYK Group???s business and initiatives. The participants were divided into four groups, and each group made a presentation on the program theme to the presidents of NYK and YLK, in addition to board members. Comments afterward underscored the importance of active participation in the Group???s business management. It is expected that all participants will take their experiences in the five-day program back home to share with their colleagues.

As a global company, the NYK Group respects the diversity of its employees and the spirit of challenge, and remains dedicated to the development of its human resources so that the NYK Group can be a place where all employees can work with pride and realize their dreams.

 

 *NYK Group Values

Integrity, innovation, and intensity ??? the 3 I???s ??? are considered to represent the essential character of NYK, formed over the course of the company???s 130 year history. Since 1997, the assimilation of these values has facilitated the achievement of the NYK Group mission statement. http://www.nyk.com/english/profile/mission/values/