In order to achieve NX GROUP's long-term vision of becoming a logistics company with a presence in the global market, we conducted a review of our material issues in 2023.
By evaluating these issues from two perspectives: ``Priorities from stakeholder perspectives'' and ``Priorities from business perspectives,'' we identified issues that are consistent with our management plan.
NX GROUP established the Sustainability Promotion Office within NIPPON EXPRESS HOLDINGS, INC. as a section dedicated to sustainability promotion. In addition, the Sustainability Promotion Committee, which promotes sustainability management for the entire NX GROUP, is composed of executive officers from major Group companies. The committee deals with general sustainability-related issues, including climate change issues that should be addressed as a group.
The Sustainability Promotion Division is responsible for planning, monitoring-evaluation-reporting, and improving strategies related to sustainability. Material Issues are to be addressed with the responsible departments taking the lead.
SBTi is a joint initiative of the United Nations Global Compact (UNGC), the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) to evaluate corporate greenhouse gas emission reduction targets. We endorse this initiative, an effort that we are committed to.
TCFD, or Task Force on Climate-Related Financial Disclosures, was established by the Financial Stability Board (FSB) at the request of the G20 to examine how climate-related information should be disclosed and how financial institutions should respond. We have declared our support of the TCFD recommendations as an organization.
GX League is a group of companies that boldly take on the challenge of transitioning to carbon neutrality and are successful in international business that are leading GX (green transformation). We support GX League activities and are working toward the realization of GX.
The principal ESG investment indices for which NIPPON EXPRESS HOLDINGS, INC. has been selected are as follows. (As of March 2024)
Among the stocks that constitute MSCI Nihonkabu IMI indexes, stocks with high ESG ratings in each industry are selected. This index is used by the Government Pension Investment Fund for Japan (GPIF) as one of its selection guidelines for ESG investment.
This index selects companies that it expects to attain sustainable, long-term growth by calculating a score based upon disclosed information about the ratio of women employed and in management positions, and about diversity. This index is used by the Government Pension Investment Fund for Japan (GPIF) as one of its selection guidelines for ESG investment.
This is formulated by S&P Dow Jones Indices based on carbon emissions data provided by environmental assessment company Trucost. This uses the TOPIX stock universe, and determines the weighting of its constituent stocks with a focus on levels of environmental information disclosure and carbon efficiency (carbon emissions per unit of sales).
In addition to FTSE Russell’s ESG ratings, this selective ESG composite index screens using an assessment of the magnitude of a company’s nvironmental impact and its management of climate change risk.
Indexes are designed to make it possible to make investments focusing on companies that have strong gender diversity policies embedded in their corporate culture and ensure equal opportunities to employees, regardless of their gender.
We received a B rating in the Climate Change Program conducted by CDP, an international non-profit in environmental disclosure, in 2023.
In the EcoVadis sustainability assessment, which promotes the sustainability of supply chains around the world, we won the Bronze Medal, which was awarded to the top 35% of registered companies in 2023.
NX GROUP considers it important to have two-way communication with a wide range of stakeholders in order to create a prosperous future and enhance corporate value by solving social issues through sustainability management.
