"K" Line

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce publication of ESG DATA BOOK 2021.

ESG DATA BOOK 2021 has been issued to systematically summarize policies, systems, specific initiatives and relevant data related to “K” LINE Group’s environmental (E), social (S), and governance (G) aspects. It has been published from this fiscal year as a tool for dispatch of information to, and for communication with, stakeholders who are interested in the Group’s ESG initiatives.

“K” LINE publishes “K” LINE REPORT, an integrated report aimed at helping all stakeholders understand the Group’s corporate activities and medium-term vision. It also publishes FACTBOOK, a compilation of materials mainly for shareholders and other investors, designed to deepen their understanding of the shipping industry and our business. By publishing ESG DATA BOOK in addition to these publications, we are working to further enhance disclosures of the Group’s financial and non-financial information. We hope that these publications will help better and deeper understandings on “K” LINE Group among a broad range of our stakeholders.

ESG DATA BOOK 2021 can be found on our website.

HOME > Sustainability > ESG Data

https://www.kline.co.jp/en/csr/esg.html

For browsing：

https://www.kline.co.jp/en/csr/esg/main/00/teaserItems1/00/file/ESG_DATA_BOOK_2021_(EN)_for_Browsing.pdf

For printing：

https://www.kline.co.jp/en/csr/esg/main/00/teaserItems1/03/file/ESG_DATA_BOOK_2021_(EN)_for_Printing.pdf

“K” LINE REPORT 2021

An integrated report aimed at helping all stakeholders understand the Group’s corporate activities and medium-term vision.

FACTBOOK 2021

A compilation of materials mainly for shareholders and other investors, designed to deepen their understanding of the shipping industry and our business

SUSTAINABILITY BOOKLET

Specially issued in July 2021 for helping our stakeholders’ better understanding of the concept and the specific initiatives of “K” LINE’s corporate sustainability management.

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has established “K” LINE Group Basic Policy on Human Rights (the Policy), based on the United Nations Guiding Principle on Business and Human Rights*.

The Policy has been established as more specific guidelines for respecting Human Rights, which is upheld in the Charter of Conduct of the “K” LINE Group Companies, standards of behavior for the entire Group. The Policy sets out that the Group shall respect and comply with international norms and laws related to respect for human rights, as well as conduct Human Rights Due Diligence.

As an integrated logistics company grown from shipping business, “K” LINE Group conducts its business activities with the support of many people. Recognizing the international trend of increasing importance of respect for human rights, “K” LINE Group will promote its business taking into account the human rights of those concerned with its business activities, so as to continue to be a company group trusted by society.

*）United Nations Guiding Principle on Business and Human Rights:

A document endorsed by the UN Human Rights Council in 2011 that stipulates respect for human rights in corporate activities. The principle encourages efforts to protect and respect human rights, containing 3 pillars: 1. The State Duty to Protect, 2. The Corporate Responsibility to Respect, and 3. Access to Remedy.

Related Link: https://www.kline.co.jp/en/csr/social/human_resource/human_rights/main/0/teaserItems1/01/link/%5BEN%5DK%20LINE%20Group%20Basic%20Policy%20on%20Human%20Rights.pdf

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Daito Corporation will launch “K” LINE Group’s first finished-vehicle terminal in Japan,at Yokohama Daikoku C-4 Terminal from April 2022.

“K” LINE Group leases the terminal from Yokohama Port Terminal Corporation (YPC) and operates it at Yokohama port, which handles one of the largest volumes of finished vehicles in Japan. The terminal is capable of handling a wide variety of products, including new and used vehicles, construction machineries, and break-bulk cargoes, and can also be used as a transshipment base for finished vehicles to meet a variety of needs. Thus, the new terminal will contribute to optimize the handling of vehicles in Yokohama port as a whole by welcoming vessels other than those operated by “K” LINE.

We also aim to create an environmentally friendly terminal by introducing LED lighting for night　time operation, EVs for terminal vehicles, and the use of electricity generated from renewable energy sources. At the same time, we will strive to improve safety, the environment, and quality, which are important issues for the Group, by making active use of digital technologies such as AI and IoT, including the automation of entry and exit gates and the introduction of advanced terminal management systems, and by creating a high value-added terminal.

We will respond flexibly and proactively to customer needs, including growing needs for environmental and digital solution. Also, we will continue to protect the environment through our business activities, contribute to realize a sustainable society, and maximize its corporate value based on the “K” LINE Environmental Vision 2050 (Note1).

(Note 1) “K” LINE Environmental Vision 2050

https://www.kline.co.jp/en/csr/environment/management.html

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that the company was recognized as “Supplier Engagement Leaderboard” for four consecutive years, the top rating, on “Supplier Engagement Rating” from CDP, which is a non-profit global organization (NGO) engaging in activities for investigating and disclosing environmental information, on February 10.

“Supplier Engagement Rating” evaluates the companies’ initiatives for climate change and greenhouse gas emissions throughout the supply chain and ranks the companies in line with their efforts. Our strategies and initiatives were evaluated on “Supplier Engagement Rating”.

This year 518 companies, including 105 Japanese companies, out of 6,300 companies were awarded as “Supplier Engagement Leaderboard” worldwide. 

In November 2021, we have revised our environmental target in our long-term environmental guideline “K” LINE Environmental Vision 2050 -Blue Seas for the Future- in order to strengthen the initiatives toward global climate change countermeasures and has set our new target for 2050 as “The Challenge of Achieving Net-Zero GHG Emissions”.

As an integrated logistics company, the “K” LINE Group is working to realize sustainable society and increase corporate value. We will not only reinforce initiatives for reducing our in-house GHG emissions but also actively support projects aimed at a decarbonized society. These initiatives include support vessels for projects related to the renewable energy field, such as offshore wind power, transportation of new energy sources, such as hydrogen and ammonia, and carbon capture and storage (CCS) transportation. We reduce its environmental impact based on its corporate philosophy of contributing to society so that people live well and prosperously.

Please be advised that “K” Line Tokyo Head Office made the following press release announcement today.

To read this press release in its entirety please follow the following link:

https://www.kline.co.jp/en/news/other/other134269898622655607/main/0/link/220203_2EN.pdf

Please be advised that “K” Line Tokyo Head Office published the following press release today.

Please see the attached PDF documents to see the full reports:

・Financial Highlights for 3rd Quarter FY2021

https://www.kline.co.jp/en/news/ir/ir-1284978996270673514/main/0/link/2021_3_report_e.pdf

・Notice on Revision to Financial Results for the full Fiscal Year ending March 2022

https://www.kline.co.jp/en/news/ir/auto_20220202578608/pdfFile.pdf

If you cannot open the URL please access the press release via the website:

http://www.kline.co.jp/en/

～Promoting the development of CCS-related businesses to realize a carbon-neutral society～

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has joined an International Think Tank “Global CCS Institute” (GCCSI). GCCSI is advancing worldwide deployment of CCS (Carbon dioxide Capture and Storage) technology which is necessary for the realization of a carbon neutral society.

CCS is a series of technologies for capturing carbon dioxide (CO2) emitted from power plants, refineries, and factories instead of releasing it into the atmosphere. The captured CO2 is then injected deep into the ground at a carefully selected and safe site, where it is stored. The CCS is a climate change technology that can achieve significant CO2 emission reductions thereby reducing greenhouse gas emissions which is key to the realization of a carbon neutral society in 2050.

“K” LINE is actively promoting CCS-related businesses. In the demonstration test of an onboard CO2 capture system, “K” LINE successfully separated and captured CO2 from the exhaust gas emitted from the vessel for the first time in the world. The result of the demonstration was achieved with the planned performance. (Note 1) In addition, “K” LINE is participating the demonstration project on CO2 ship transportation by New Energy and Industrial Technology Development Organization（NEDO） and conducting research and development that will contribute to the long-distance and large-scale transportation of CO2 in the future. The liquefied CO2 carrier for the demonstration test is being built as the world’s first demonstration vessel for the CCUS project, and “K” LINE is participating in the development of CO2 shipping technology by utilizing our technology and knowledge of safe operation and safe cargo handling of liquefied gas carriers which we have cultivated over many years. (Note2)

GCCSI was established by the Australian government in 2009 to promote the use of CCS technology worldwide, and currently has members from all over the world, including government, industries, and research organizations. GCCSI conducts surveys on the latest trends in CCS business and technology and holds subcommittee meetings to discuss the launch of international CCS projects in the future.

“K” LINE will keep abreast of the international CCS development and will accelerate its consideration of participation in CCS related business by joining GCCSI. We will continue to contribute to the realization of a carbon neutral society based on the “K” LINE Environmental Vision 2050 (Note 3).

Global CCS Institute Outline

The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality and it promotes research, knowledge sharing and awareness raising on CCS related trends. The diverse international membership includes governments, global corporations, private companies, research bodies and non-governmental organizations.

https://www.globalccsinstitute.com/

～Demonstration test ship for Liquefied CO2 transportation to CCUS Bareboat charter contract and tank system purchase contract is signed～

Engineering Advancement Association of Japan (ENAA) and Sanyu Kisen Co., Ltd (Sanyu Kisen) have signed the bareboat charter contract of a demonstration test ship for Liquefied CO2 (LCO2) transportation and tank system purchase contract.

ENAA has been leading the development of a demonstration test ship and been developing LCO2 tank system specifications. Sanyu Kisen has ordered manufacture the tank system based on the R&D by ENAA and construction of a demonstration test ship equipped with its tank system to Mitsubishi Shipbuilding Co, Ltd., a member of the Mitsubishi Heavy Industries Group (MHI). The vessel will be built at the Enoura Plant at MHI’s Shimonoseki Shipyard & Machinery Works.

Upon building completion and the delivery, ENAA will charter the demonstration test ship from Sanyu Kisen to carry out research and development and demonstration tests for establishing LCO2 ship transportation technology.

The vessel is the demonstration test ship to transport LCO2 for Carbon Capture, Utilization and Storage (CCUS) project expected to be the first of its kind in the world.

ENAA will operate the vessel from the second half of FY2023 for “CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on CO2 Transportation / R&D and Demonstration Project for CO2 Marine Transportation” (the demonstration projects), which have been conducted by New Energy and Industrial Technology Development Organization (NEDO) since June 2021.

ENAA, Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Nippon Gas Line Co., Ltd. (NGL), and Ochanomizu University will accelerate R&D of the LCO2 transportation technology and contribute to cost reduction of CCUS technology and LCO2 safety, long-distance and large-scale transportation. In the demonstration project, we plan to use the vessel to collect operational data under various loading conditions and in various weather and sea conditions.

ENAA takes charge of planning, evaluation, analysis and coordination of R&D and demonstration project of LCO2 ship transport technology and tank systems.

“K” LINE promotes R&D on the safety and environmental evaluation of the demonstration LCO2 carrier, backed by extensive experience in operating and managing of its ocean-going liquefied gas vessels.

NGL takes charge of operating and managing the demonstration test shipbased on 60-year experience of pressurized liquefied gas carriers.

Ochanomizu University conducts fundamental research on the control of carbon dioxide state (phase change) and provide the information necessary for safe transportation studies.

ENAA, “K” LINE, NGL, and Ochanomizu University will contribute to realizing the carbon neutral society through this demonstration project.

General Particular

Cargo tank capacity    ：1,450㎥

Length overall             ：72.0m

Breadth                       ：12.5m

Draft                            ：4.55m

“K” Line Wind Service, Ltd., a joint venture company between Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Kawasaki Kinkai Kisen Kaisha, Ltd.(*1), together with Japan Marine United Corporation, Nihon Shipyard Co., Ltd. and Toa Corporation is pleased to announce that the project of “Mass-Production and Cost Reduction of Floating Offshore Wind Installation” was officially adopted as Green Innovation Fund for “Cost Reduction for Offshore Wind Power Generation Projects”

In order to achieve the Japanese government target of carbon neutral by 2050, development of renewable energy is essential. The offshore wind power generation will play an important role in this target with its potential as major energy source and economic growth brought by the supply-chain development in Japan. With limited shallow water for Offshore Wind installation around Japan, there is a high expectation of floating offshore wind which can be developed despite of the depth of ocean. To develop the floating offshore wind, the technology for mass-production and cost reduction needs to be achieved.

Having above understanding, the consortium targets to develop mass-production method and cost reduction of floating foundation, mooring/anchoring system, installation at sea in every aspect of EPCI (Engineering, Procurement, Construction and Installation).

The role of each consortium member shall be as per the chart.

“K” Line Wind Service, Ltd. is determined to contribute to floating offshore wind development by developing optimal and cost competitive procedure in installation of floating foundation (*2) with the experience and know-how “K” Line group gained through the Offshore Support Vessel operations.

(*1) “K” Line Wind Service, Ltd

A joint venture company established by Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd. on June 1^st, 2021 targeting the contribution to Offshore Wind in Japan throughout the marine solution that the group have developed in the history of 100-year.

Earning Highest Rating “A” for Six Consecutive Years

On January 19th, CDP2021 “A List” award, hosted by CDP Worldwide-Japan, was held online and Yukikazu Myochin, President & CEO of “K” LINE delivered message as one of “A List” company in the event. The video message is posted on “K” LINE’s YouTube channel.

“K” LINE YouTube channel  https://youtu.be/jn7bIMZ1gJY

“K” LINE corporate website  https://www.kline.co.jp/en/index.html *accessible from banner

“K” LINE was selected as “A List 2021”, the top rating, on climate change from CDP, which is a non-profit global organization (NGO) engaging in activities for realizing sustainable economy, on December 7, 2021. In this year, due to stricter evaluation criteria, the number of recognized “A List” companies have decreased from 280 in the previous year to 200 in this year, of which 55 are Japanese companies.