NYK Group Launches CO2 Removal Initiative, Targets 100,000-Ton Emissions Cut by 2030

Japanese shipping giant NYK Group announced today its strategic implementation of carbon dioxide removal (CDR) technology as part of its comprehensive plan to reduce Scope 1 emissions.

The initiative, detailed in a newly released position paper, aligns with NYK’s broader decarbonization strategy unveiled in November 2023, which sets an ambitious target of achieving net-zero greenhouse gas emissions by 2050.

While NYK emphasizes that its primary focu…