Nippon Express Holdings submits letter of commitment to obtain Science Based Targets (SBTi) certification

Nippon Express
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NIPPON EXPRESS HOLDINGS, INC. (President: Mitsuru Saito), on May 16 submitted a letter of commitment to the Science Based Targets initiative (SBTi)1, an organization that certifies Science Based Targets (SBT)2, a set of greenhouse gas emission reduction targets set by the Paris Agreement.

The Nippon Express Group has positioned climate change as one of the material issues to be tackled in realizing its long-term vision of becoming a “logistics company with a strong presence in the global market,” and has been working to reduce CO2 emissions in its own operations and create products and services that help customers reduce their own CO2 emissions.

To achieve the 1.5°C target set out by the Paris Agreement as part of its efforts to protect the global environment, the Group will be seeking SBT certification and addressing climate change while balancing its business activities with global environmental conservation.

CO2 Reduction Targets for the NIPPON EXPRESS GROUP

<2030 target>
Reduce NIPPON EXPRESS GROUP Scope 1 and 2 CO2 emissions by 50% (compared with 2013)
<2050 target>
Contribute to the creation of Scope 1, 2, and 3 carbon-neutral societies as a corporate group

By working to combat climate change, the Group will contribute to the betterment of people’s lives and the development of sustainable societies.

1 Science Based Targets initiative (SBTi):A collaborative initiative of the CDP (formerly the Carbon Disclosure Project), the United Nations Global Compact (UNGC), the World Resources Institute (WRI), and the World Wildlife Fund (WWF) that evaluates corporate greenhouse gas emission reduction targets
2 Science Based Targets (SBT):Greenhouse gas emission reduction targets set by companies for the next five to 15 years consistent with the standards required by the Paris Agreement

Source: Nippon Express Holdings