Published by Todd Bush on June 29, 2023
TOKYO and FRANKFURT, Germany, June 29, 2023 /PRNewswire/ -- Nippon Express Europe GmbH (hereinafter "NX Europe"), a group company of NIPPON EXPRESS HOLDINGS, INC., and Lufthansa Cargo AG (hereinafter "Lufthansa Cargo") contractually agreed on June 20, 2023, to advocate the use of Sustainable Aviation Fuel (SAF) when transporting airfreight shipments. The environmentally friendly aviation fuel will enable the Nippon Express Group to achieve emission savings of approximately 3,150 tons within one year. Furthermore, the agreement reached with Lufthansa Cargo includes contributing to high-quality and certified climate protection projects for the so-called well-to-tank emissions that arise during the production and supply of SAF.
>> In Other News: Centerpoint Energy Proposes Innovations to Advance a Cleaner Energy Future in Minnesota
The Nippon Express Group has set the goal of a 50% reduction in SCOPE 1 and 2 emissions by 2030 compared to 2013 as a response to climate change, and of contributing to the realization of a carbon-neutral society by 2050. Nippon Express Co., Ltd. aims to reduce emissions by 350,000 tons by 2023, equivalent to a 30% reduction from 2013 levels. In May 2023, NIPPON EXPRESS HOLDINGS, INC. submitted a Letter of Commitment to be certified as a Science Based Targets (SBT) company, and the entire group is working together to achieve a carbon neutral society by 2050.
"We have enjoyed a trusting long-standing relationship with NX Europe as a Global Partner. We appreciate working jointly with NX Europe also on sustainability goals that are important to both of us. Every player in the logistics industry has a model here, and only together can we succeed in making our business more environmentally friendly along the entire supply chain. The more Sustainable Aviation Fuel is used in the transportation of goods by air freight, the more likely we are to succeed in moving away from fossil fuels, making the entire air freight industry more sustainable," highlights Ashwin Bhat, CEO of Lufthansa Cargo.
"We at the Nippon Express Group remain mindful of the environmental effect of the increasing demand for air freight. We fully acknowledge this reality, and we must move quickly to take action to slow global warming. This agreement to advocate using SAF represents a step in the right direction on the way to a greener future. Together with Lufthansa Cargo, we are honored to embark on this journey to meet our sustainability goals and fulfil our ongoing commitment to combat climate change," emphasizes Shinichi Kakiyama, Managing Director of NX Europe.
https://kyodonewsprwire.jp/attach/202306216489-O1-c7LnKTv7.pdf
Lufthansa Cargo AG website: https://www.lufthansa-cargo.com/
https://kyodonewsprwire.jp/attach/202306216489-O2-97Lp4sYz.pdf
Nippon Express website: https://www.nipponexpress.com/
Nippon Express Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
SOURCE NIPPON EXPRESS HOLDINGS, INC.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution ⚙️ Haffner Energy Unveils Hynoca® Flex 500 IG: a Flexible, Cost-effective Alternative to Grey Hydro...
Inside This Issue 🏆 XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA 🌍 Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition 🧱 PHNX Mater...
Inside This Issue 🌲 Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia 🏭 US Energy Expands Carbon Captu...
Exxon Mobil (NYSE:XOM) Partners With Calpine for Large-Scale Carbon Storage and Low-Carbon Energy
Exxon Mobil recently revealed a significant agreement to manage carbon dioxide storage with Calpine Corporation, a move that might contribute to its role in low-carbon energy initiatives. The compa...
RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution
RepAir announced that it has raised $15 million in a Series A funding round, with proceeds to be used to commercialize the company’s electromechanical solution designed to remove atmospheric and in...
STORD, Norway, April 24, 2025 /PRNewswire/ -- Höegh Evi, a global leader in marine energy infrastructure, and Wärtsilä Gas Solutions, part of technology group Wärtsilä, have successfully completed ...
Haffner Energy unveils Hynoca® Flex 500 IG: A flexible, cost-effective alternative to grey hydrogen and fossil fuels Cogeneration of hydrogen and electricity offers a unique solution for managing r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.