NYK has agreed to invest in the Marunouchi Climate Tech Growth Fund, a new investment fund dedicated to financing and growing climate-tech firms that contribute to decarbonisation.
Marunouchi Innovation Partners (MIP), which is controlled by Mitsubishi Corporation (MC), MUFG Bank (MUBK), and Pavilion Private Equity (PPE), will provide financing.
NYK has set a long-term goal of achieving net-zero greenhouse gas (GHG) emissions for the NYK Group’s oceangoing companies by 2050. Furthermore, in its new medium-term management plan, “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing,” NYK expresses its intention to make active upfront investments in GHG reduction.
According to the statement, by participating in the Fund, NYK will attempt to carry out co-creation with startups presenting game-changing ideas and technology, as well as achieving decarboniσation of its company and the establishment of new businesses to contribute value to society.
