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TOP CLIMATE RATING FOR JAPANESE COMPANY

TOP CLIMATE RATING FOR JAPANESE COMPANY

Wednesday, December 15, 2021 

Kawasaki Kisen Kaisha ('K' Line) of Japan has been recognised as 'A List 2021', the top rating on climate change from CDP, which is a non-profit global organisation engaging in activities for realising sustainable economy.

The A rating is awarded to companies that are evaluated as global leaders in their response to climate change. 'K' Line has been selected as 'A List' for six consecutive years. In this year, due to stricter evaluation criteria, the number of A-rated companies has decreased from 280 in the previous year to 200 in this year, of which 55 are Japanese.

The company has set environmental measures as one of the major pillars of its management plan. In November 2021, it revised the GHG (greenhouse gas) emission reduction target, and is taking on the challenge of raising this target even further to net zero GHG emissions by 2050.

The company has already introduced the first LNG-fuelled car carrier and is working to introduce various energy efficiency technologies, such as wind power propulsion. In the second half of the 2020s, 'K' Line aims to introduce zero emission vessels powered by new fuels, not only reinforcing initiatives for reducing in-house GHG emissions but also actively supporting projects aimed at a decarbonised society. These initiatives include support vessels for projects related to the renewable energy field, such as offshore wind power, transportation of new energy sources, such as hydrogen and ammonia, and carbon capture and storage (CCS) transportation.

The Group says it will put its full effort into the decarbonisation of the Company and society with the aim of achieving a sustainable society and enhance corporate value.

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