Sustainability Promotion Structure
NX Group’s Material Issues
In response to European disclosure regulations, NX Group has identified material issues based on the concept of double materiality, taking into account both the financial impact of environmental and social issues on NX and the impact of NX’s activities on the environment and society. The identified Material Issues are periodically reevaluated in line with the business planning cycle and in response to changes in regulations or the business environment. Going forward, the Group will continue to reevaluate them regularly based on international trends, and review the issues that the Group should address.
Sustainability
Promotion Structure
At NX Group, sustainability management is positioned as a core management issue for improving sustainable corporate value. We promote identifying and responding to Material Issues from both the supervisory function of the Board of Directors and the execution system centered on the Sustainability Promotion Committee.
The Board of Directors regularly (at least twice a year) receives reports on the progress of initiatives addressing Material Issues, and evaluates and supervises the degree of achievement to ensure an effective link between sustainability and improving corporate value.
The Sustainability Promotion Committee, chaired by the President, involves executive officers of NIPPON EXPRESS HOLDINGS, INC. and sustainability promotion officers of group companies. The committee deliberates on policies and manages progress to accelerate and enhance the effectiveness of group-wide sustainability initiatives.
Furthermore, Special Committees such as the Risk Management Committee discuss themes related to Material Issues, including the response to climate change, respect for human rights, and improvement of employee engagement, and also identify risks that have become apparent within the group and deliberate on response measures.On the operational side, under the supervision of the Executive Officer of Sustainability, the Sustainability Promotion Division of our company takes the lead
and, in collaboration with each relevant division and group companies, promotes initiatives to achieve group-wide sustainability management.
Sustainability
Promotion Process
At NX Group, the Sustainability Promotion Division is in charge of formulating, evaluating, and improving strategies, taking into consideration the progress of initiatives for each Material Issue and changes in social conditions. These are implemented by the division in charge of each Material Issues, which promotes the shift in the business portfolio and business model while incorporating them into its business.
KPI monitoring is conducted in the Sustainability Promotion Committee and sustainability conference, to ensure ongoing improvement of initiatives. Furthermore, to accelerate promoting sustainability management, NIPPON EXPRESS HOLDINGS, INC., NIPPON EXPRESS CO., LTD., and certain domestic group companies incorporate ESG-related indicators into officer remuneration.
Job-specific targets are also set, and efforts are made to spread these internally through training and other means.
Involvement in Initiatives
NIPPON EXPRESS Holdings Co., Ltd. actively participates in various external organizations and conferences related to the environment and society in the logistics industry, and works collaboratively to contribute to a sustainable society.
Participation in External Activities
Ministry of Land, Infrastructure, Transport and Tourism
Environmental Division, Transport System Subcommittee, Council of Transport Policy
Study group focused on achieving sustainable logistics
Keidanren (Japan Business Federation)
Committee on Environment
Committee on Energy and Resources
Committee on Responsible Business Conduct & SDGs Promotion
Committee on Consumer Affairs
Committee on Crisis Management & National Resilience
Committee on Employment Policy
Committee on Labor Legislation
Keidanren Committee on Nature Conservation
Planning Subcommittee, Keidanren Committee on Nature Conservation
Japan Association for Logistics and Transport
Logistics Environmental Action Committee
Japan Trucking Association
Environmental Action Committee
Environmental Action Subcommittee
Support of Initiatives
SBTi
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. In June 2025, NX Group’s greenhouse gas (GHG) emission reduction targets for FY2030 were certified by the Science Based Targets initiative (SBTi) as near-term science-based targets.
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TCFD
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.
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GX League
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.
External Evaluations
The principal ESG investment indices for which NIPPON EXPRESS HOLDINGS, INC. has been selected are as follows. （As of March 2026）
MSCI Japan ESG Select Leaders Index
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.
MSCI Japan Empowering Women Select Index
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.
The inclusion of NIPPON EXPRESS HOLDINGS, INC. in the MSCI indexes and use of the MSCI logo, trademark, service mark, or index names are not intended for the sponsorship, advertisement, or promotion of NIPPON EXPRESS HOLDINGS, INC. by MSCI or its affiliates. MSCI services and data are the exclusive property of MSCI. The MSCI and MSCI index name and logo are trademarks/service marks of MSCI or its affiliates.
S&P/JPX Carbon Efficient Index
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).
FTSE Blossom Japan Sector Relative Index
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.
Morningstar Japan Co., Ltd. ex-Reit Gender Diversity Tilt Index
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.
CDP Climate Change
We received a B rating in the Climate Change Program conducted by CDP, an international non-profit in environmental disclosure, in 2025.
EcoVadis
In the EcoVadis sustainability assessment, which promotes the sustainability of supply chains around the world, we were given a total score of 57 points for 2025.
Stakeholder Engagement
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.
NX Group Stakeholder Engagement Policy
