K Line Promotes ‘Carbon Neutrality’ As Decarbonization Strategy

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K Line plans to establish a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021, reads the company newsletter.

Need for maritime decarbonization

The requirement of de-carbonization is rapidly growing in the world and it accelerates the
expectation for business field of carbon neutrality, such as Renewable Energy projects
including offshore wind, Carbon dioxide Capture, Utilization and Storage projects, Energy
Transition projects (LNG value chain related) and Carbon Emission Trading.

Carbon Neutral Promotion Group

For the purpose of proactively responding such needs, “K” Line will establish “Carbon Neutral Promotion Group” and facilitate business development for net-zero CO2 emission
along with related parties and companies of “K” Line group.

Environmental Initiatives

“K” Line group will continue to contribute to people’s living and prosperity throughout the world as an integrated logistics company grown from shipping business, and aim at realizing a sustainable society.

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Source: K Line