Nippon Express Co., Ltd. (President: Shinjiro Takezoe, hereafter "Nippon Express"), a group company of NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), has concluded an agreement with Nikon Corporation (President and COO: Muneaki Tokunari, hereafter "Nikon") on the provision of air cargo transport services that utilize SAF.
Nippon Express has been selected as a designated cargo agent for the "Project to Promote SAF Use in Air Cargo Transport for Corporate Compliance with Scope 3*1 Requirements"*2 being implemented by the Tokyo Metropolitan Government since August 2024 and, in that capacity, it has been working to encourage the use of SAF. Nikon recently chose to participate in this project as a shipper by concluding an SAF usage agreement. Nippon Express will issue Nikon CO2 reduction certificates for the volume of SAF used in the transport of its air cargo, and will engage in other activities to help cut Nikon's Scope 3 CO2 emissions. Nippon Express will also continue providing air cargo transport-related support to Nikon's environmental initiatives as that company further expands globally.
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, and it has been providing customers with the "NX-GREEN SAF Program" as well as participating in the "SAF Flight Initiative" offered by ANA.
In tackling climate change, the NX Group aims to reduce in-house emissions Group-wide (Scope 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 goal is to help bring about carbon-neutral societies by 2050 (Scope 1, 2, 3). Going forward, the Group will continue sharing its stances on environmental conservation with its stakeholders and pursuing efforts focused on material issues to achieve the NX Group Sustainability Vision.
■Interview with Nikon on Tokyo Metropolitan Government's SAF utilization promotion project
https://saf.coolnet.tokyo/
[Related releases]
■Nippon Express participating in ANA's new program "SAF Flight Initiative: For the Next Generation"
https://www.nipponexpress-holdings.com/en/press/2021/21-Oct-21-1.html
■NX Group begins offering "NX-GREEN SAF Program" in Japan
https://www.nipponexpress-holdings.com/en/press/2024/10-Apr-24-1.html
■Nippon Express selected as designated cargo agent for Tokyo Metropolitan Government project to promote SAF use
https://www.nipponexpress-holdings.com/en/press/2024/15-Aug-24-1.html
*1 The GHG Protocol, an international standard jointly developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), classifies a company's CO2 emissions into three categories.
Scope 1: Direct CO2 emissions from the company's business activities
Scope 2: The company's CO2 emissions from electricity consumption and other heat/power sources, etc., supplied by other companies
Scope 3: Indirect CO2 emissions from the company's business activities (product transport, employee commuting, business trips, etc.)
*2 A project whereby the Tokyo Metropolitan Government is assisting companies in covering the cost of using SAF for air cargo transport by shippers via designated cargo agents with the aim of helping these companies reduce CO2 emissions across their entire supply chains. Subsidies will cover the additional costs of using SAF for air cargo transport via freight forwarders selected to take part in the project until the end of March 2025.
