NYK Line Recognised as one of World’s Top Green Businesses
, the Japanese shipping company, has announced it has been placed on a prestigious climate change list, recognising the company as one of the world-leading businesses at the forefront of tackling climate change.
Appearing alongside ubiquitous global brands of the last century such as PepsiCo and the Ford Motor Company, NYK has made the “A-list” for climate change, compiled by , which is a global non-for-profit charity that runs the global disclosure system for cities, companies, investors, states, and regions to better manage their environmental impacts.
- Over 9,600 companies disclosed data to CDP in order for the release of its climate list
- NYK Line appears in the Climate Change ‘A-List’ alongside brands such as PepsiCo
- The company intends to further fuse its growth strategy with ESG
CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency. In 2020, over 515 investors with over $106 trillion in assets and 150+ major purchasers with $4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform. Over 9,600 responded — the highest ever.
A company spokesperson said: “The recognition of NYK acknowledges our track record of GHG emission reductions, its efforts to mitigate climate change risks, and the transparency of its information disclosures.
”NYK continues to fuse the Group’s growth strategy with ESG, disclose relevant information as a leading company in the world, and contribute to the sustainable development of society through its business activities.”
The Sustainable Phenomenon
Environmental, Social and Governance investing (ESG) which is also known as sustainable investing, is a recent phenomenon whereby individuals and subsequently large corporation are turning to investments which have a positive impact on society and the environment. Therefore it is every organisation’s best interests to incorporate this into their future road-maps.
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources, and protect forests. Voted the No. 1 climate research provider by investors and working with institutional investors with assets of $106 trillion, the organisation leverages investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50 per cent of global market capitalisation disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states, and regions that have disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition.
The full list of companies that made this year’s CDP A-List is available , along with other publicly available company scores.
Gartner: Women in supply chain at five-year high
Women now represent a greater percentage of the supply chain workforce than at any other point in at least the past five years, according to a recent Gartner survey.
The Women in Supply Chain Survey 2021, conducted by Gartner and Awesome, surveyed 223 supply chain organisations with more than $100m in annual revenue from February through to the end of March 2021.
- Women represent 2% more of supply chain workforce than in 2020
- Women now account for 42% of the workforce
- Number of women in exec-level positions declined by 2%
- Just 15% of top leadership are women (17% in 2020)
- 84% of organisations say COVID-19 did not impact efforts to advance women
It found that women now represent two per cent more of the supply chain workforce than in 2020, accounting for 42%, compared with 39% last year. Dana Stiffler, Vice President Analyst with the Gartner Supply Chain practice, says the impact of COVID-19 on supply chain was significant, though different to other sectors.
"Contrary to other industries, supply chain’s mission-criticality during the COVID-19 pandemic has meant that many sectors did not reduce their workforce, but rather continued to hire and even faced talent shortages, especially in the product supply chains," she said. "This resulted in many women not only standing their ground in supply chain organisations but increasing their representation in organisations. We also recorded a record number of specific commitments and supply chain-led actions and saw existing programs starting to pay off."
Supply chain still lacks women in executive leadership
But the elephant in the boardroom remains. Though the figures present a positive step towards greater diversity and gender equality at all levels, the number of women in executive level positions declined by two per cent in the past year. Women represent just 15% of the upper echelons of supply chain leadership. Gartner did however record a rise in women at all other levels of leadership.
The vast majority (84%) of organisations surveyed said the outbreak had no discernible impact on their ability to retain and advance women. But more than half (54%) admitted that retaining mid-career women was becoming increasingly difficult. A lack of career opportunities was cited as the biggest challenge to this, while other blamed a lack of development opportunities.
Despite these challenges, companies of all sizes are becoming broadly better at gender diversity. Around a third more said they had a targeted initiative focused on attracting women and advancing their careers.
Stiffler said a push towards measurable and formal initiatives is at least pointing in the right direction: “It's encouraging to see that the larger share of this jump was for more formal targets and specific goals on management scorecards. For these respondents, there is greater accountability for results — and we see the correlation with stronger representation and inclusion showing up in pipelines.”