NYK Group Human Rights Policy
November 24, 2022
Nippon Yusen Kabushiki Kaisha and its group companies (“NYK Group"), has set "Bringing value
to life." as its basic philosophy. In our Management Policy※1, as a good corporate citizen thatcarries out its business activities together with society, we are committed to positively confront
the tough issues that challenge our society, such as concerns involving the preservation of our
natural environment, as we work for the betterment of the world that we inhabit. In order to truly
contribute to the realization of a sustainable society, we understand that we must respect thehuman rights of all individuals affected by our business activities.
As a guideline for fulfilling this responsibility, the NYK Group hereby establishes the “NYKGroup Human Rights Policy” (“Policy”), based on the Guiding Principles on Business andHuman Rights adopted by the United Nations Human Rights Council in June 2011, and will
promote every effort to respect human rights.
1.

Basic Stance on Human Rights

The NYK Group supports and respects the United Nations International Bill of Human Rights(consisting of the Universal Declaration of Human Rights, International Covenant on Civil andPolitical Rights, and International Covenant on Economic, Social, and Cultural Rights), which
stipulates the fundamental human rights of all persons and the International Labour
Organization’s Declaration on Fundamental Principles and Rights at Work*, as well as otherinternational treaties and declarations related to the protection of human rights, including
conventions on workers’ human rights such as wages and working hours, the OECD Guidelines
for Multinational Enterprises and the United Nations Declaration on the Rights of IndigenousPeoples. As a signatory to it, we also support and respect the Ten Principles of the United Nations
Global Compact.
The Policy is a commitment by NYK Group to respect human rights based on the NYK Group
Mission Statement*2, the NYK Business Credo*3, the NYK Code of Conduct*4, and related
internal policies and regulations, in order to fulfill our responsibility to respect and preserve thehuman rights of our stakeholders.
*This includes respect for the International Labour Organization’s Core Labour Standards: the effective abolitionof child labour, the elimination of all forms of forced or compulsory labour, the elimination of discrimination in*1 Management Policy - https://www.nyk.com/english/profile/mission/*2 NYK Group Mission Statement - https://www.nyk.com/english/profile/mission/*3 NYK Business Credo - https://www.nyk.com/english/profile/mission/*4 NYK Code of Conduct - https://www.nyk.com/english/profile/charter/respect of employment and occupation, freedom of association and the effective recognition of the right tocollective bargaining, and a safe and healthy working environment.

2. Scope
This Policy applies to all executives and employees of the NYK Group. We also ask our suppliers,
contractors, agents and other parties involved in our business and supply chain to comply with thePolicy.
3. Responsibility to Respect Human Rights
The NYK Group understands that our business activities may unintentionally cause adverse
human rights impacts, whether directly or indirectly. We will fulfill our responsibility to respecthuman rights by not violating the human rights of individuals affected by our business activities,
and by taking appropriate steps to implement remedies where our business activities may cause
or contribute to any adverse impacts on human rights.
In the case where an adverse impact on human rights caused by our business partners or otherparties is suspected to be linked to our business, products, or services, we will take appropriate
steps to prevent such an impact reoccurring with relevant parties.
4. Human Rights Due Diligence
The NYK Group is establishing a human rights due diligence system in accordance with theUnited Nations Guiding Principles on Business and Human Rights to identify, prevent, andmitigate any adverse human rights impacts that we may have on our stakeholders.
5. Dialogue and Consultation
In the process of implementing the Policy, the NYK Group will apply the expertise of independent
third parties on human rights, and will engage in dialogue and consultation with our stakeholders.
6. Education and Training
The NYK Group provides education and training to our executives and employees to ensure
effective integration of the Policy into our business activities, and will work to gain understandingon the Policy from our business partners and other parties.

7. Remedy
If it becomes clear that any of the NYK Group's business activities have adverse human rights
impacts, whether directly or through our involvement with business partners or other parties, wewill work to remedy such impacts through dialogue and appropriate procedures in accordancewith the United Nations Guiding Principles on Business and Human Rights and otherinternational standards.
8. Responsible Executive Officers
The NYK Group will entrust an executive officer with the responsibilities of implementing thePolicy and supervising its implementation status.
9. Information Disclosure
The NYK Group will disclose the progress and results of its efforts to respect human rights on its
website and through other media.
10. Compliance with Applicable Laws and RegulationsThe NYK Group complies with applicable laws and regulations in the jurisdictions within which
it operates. Where there is a conflict between internationally recognized human rights principles
and the laws and regulations of a country, we will seek ways to respect internationally recognizedhuman rights principles in our operations to the maximum extent possible.
The Policy has been approved by the NYK Group’s Board of Directors and signed by thePresident, Representative Director, President and Chief Executive Officer.
November 24, 2022

Hitoshi Nagasawa
President,
Representative Director,
President and Chief Executive Officer
Nippon Yusen Kabushiki Kaisha