GHG Emissions, Industrial, Sourcing Renewables  -  August 19, 2024

Nippon Express Selected for SAF Project

Nippon Express Co., Ltd., a group company of NIPPON EXPRESS HOLDINGS, INC., was selected as a designated cargo agent for the Project to Promote SAF Use in Air Cargo Transport for Corporate Compliance with Scope 3 Requirements, a project subsidized by Tokyo Metropolitan Government.

The project seeks to reduce CO2 emissions across companies' entire supply chains, according to a statement. The subsidies it grants cover the additional cost of using SAF for air cargo transport through designated cargo agents until the end of March 2025.

The NX Group has positioned expanded SAF use as one of its initiatives to "develop and strengthen sustainable solutions," a material issue for the Group. In addition, the company has been providing customers with the NX-GREEN SAF Program as well as participating in the SAF Flight Initiative offered by ANA. In recognition of such efforts to encourage wider use of SAF, Nippon Express has been selected as a designated cargo agent for this project.

The NX Group aims to lower in-house emissions Group-wide (Scopes 1, 2) by 50% from 2013 levels by 2030 and in May 2023 submitted a letter of commitment to obtain certification under the Science Based Targets initiative (SBTi). Its long-term target is to contribute to a carbon-neutral society by 2050 (Scopes 1, 2, 3). Going forward, the Group will continue sharing its stances on environmental protection with its stakeholders and pursue efforts focused on material issues to achieve the NX Group Sustainability Vision.