Developing environmental and emission-free businesses into core businesses
First written in FY2017. 6 of 10 entries say "Raised", first in FY2020. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RaisedAnnual report
「<Milestones> Metric FY2030 target FY2035 target Share of alternative fuels used 20% 45% - Number of vessels equipped with alternative-fuel engines 210 vessels 300 vessels Fuel-efficiency improvement rate (from 2019) 14% 22% - GHG emissions reduction through the DarWIN project (cumulative through 2030) 2.7 million t-CO2e - - Number of vessels equipped with Wind Challenger 25 vessels 80 vessels」
In line with the update to the Environmental Vision, the company specified FY2030 and FY2035 milestones for the share of alternative fuels used, the number of alternative-fuel vessels, fuel efficiency, reductions through DarWIN and the number of vessels equipped with Wind Challenger. - FY2025RaisedAnnual report
「BLUE ACTION 2035 assumes cumulative investment of approximately ¥3.8 trillion from fiscal 2023 through fiscal 2035. Of this amount, the company has set a total investment plan(*) of ¥1,340 billion for the three years of Phase 1, from fiscal 2023 through fiscal 2025, and has already identified cumulative investment opportunities totaling ¥1,875 billion, exceeding this investment plan. Of this amount, the company has approved ¥959 billion in environmental investment that will contribute to reducing GHG emissions by the company and worldwide.」
The company increased approved environmental investment to ¥959 billion and identified cumulative investment opportunities totaling ¥1,875 billion, exceeding the Phase 1 investment plan of ¥1,340 billion. - FY2024AdvancedAnnual report
「As the first year of BLUE ACTION 2035, the company has approved ¥658 billion in environmental investment.」
To develop environmental and emission-free businesses into core businesses, the company approved ¥658 billion against the Phase 1 environmental investment target of ¥650 billion. - FY2023RaisedAnnual report
「Under Environmental Vision 2.2, updated in April 2023, the company will continue to lead initiatives to protect the environment. / Reduce GHG emissions intensity in transportation by 45% from 2019 levels by 2035 / Operate 90 ocean-going vessels fueled by LNG or methanol by 2030」
The company updated its Environmental Vision to 2.2 and set targets including a 45% reduction in emissions intensity by 2035, in addition to net zero by 2050, and 90 LNG- or methanol-fueled vessels by 2030. - FY2022RaisedAnnual report
「The company will continue initiatives under Environmental Vision 2.1 and allocate an additional ¥360 billion to environmental investment over the next three years. / It will begin operating a PDCA cycle to achieve a 1.4% annual reduction in emissions intensity by 2030. / It will develop ammonia-fueled ammonia carriers.」
The company specified environmental investment of ¥360 billion over three years and set out a 1.4% annual reduction in emissions intensity by 2030 and the development of ammonia-fueled vessels. - FY2021RaisedAnnual report
「① Invest approximately ¥200 billion in low-carbon and decarbonization initiatives over the three years from fiscal 2021 through fiscal 2023. ② Revise Environmental Vision 2.0 to 2.1 and accelerate initiatives. • Bring forward the target date for net-zero emissions, to 2050.」
The company expanded the development of environmental and emission-free businesses into core businesses through approximately ¥200 billion of investment from fiscal 2021 through fiscal 2023, the revision of Environmental Vision 2.0 to 2.1, and a net-zero target by 2050. - FY2020RaisedAnnual report
「1) Create sustainable ocean-going vessels with net-zero greenhouse gas (GHG) emissions by 2030. 2) Reduce total GHG emissions from vessels by 50% from 2008 levels by 2050. 3) Achieve net-zero GHG emissions as early as possible within this century.」
The company expanded and quantified the development of environmental and emission-free businesses into core businesses through net-zero and GHG reduction targets for 2030, 2050 and within this century under Environmental Vision 2.0. - FY2019AdvancedAnnual report
「Promoting the environmental strategy and developing the emission-free business into a core business」
The company positioned the development of environmental and emission-free businesses into core businesses as a basic policy of Rolling Plan 2019 and developed it into specific projects, including LNG-fueled vessels, LNG-fueled vessels for fuel supply, SOx scrubbers and Wind Challenger. - FY2018AdvancedAnnual report
「Promotion of LNG-fueled vessels • Purpose: to address tighter NOx and SOx regulations and prevent global warming through the wider adoption of LNG fuel • The company is considering the construction of LNG-fueled vessels, including dry bulk carriers, car carriers and ferries • An LNG-fueled vessel is under construction, with completion scheduled for 2020」
To achieve the goal of developing environmental and emission-free businesses into core businesses, the company moved forward with plans to build LNG-fueled vessels and began constructing an LNG-fueled vessel scheduled for completion in 2020. - FY2017First statedAnnual report
「The company will develop its environmental and emission-free businesses into one of its core businesses. Against a backdrop of tighter environmental regulations and growing environmental awareness, it will promote and develop these businesses to offset greenhouse gas emissions from ocean shipping while securing earnings from the growing renewable energy business.」
As its target for developing a core business within 10 years, the company set out an environmental business combining greenhouse gas offsets with earnings from the renewable energy business.