ADEKA CORPORATION
Climate Impact & Sustainability Data (2013, 2017-04 to 2018-03, 2018-04 to 2019-03, 2020-04 to 2021-03, 2021-04 to 2022-03)
Reporting Period: 2013
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Achieved energy intensity of 0.1928 kiloliters per tonne (3.9% reduction from previous year)
- Generated 39,144 tonnes of industrial waste (1.3% reduction from previous year)
- Achieved a 43% recycling rate (Recycled 12,279 tonnes out of 5,238 tonnes of externally processed waste).
- Landfill disposal volume of 21.4tonnes (0.05% of industrial waste generated), Achieve zero emissions
- Sales ratio of environmentally friendly products reached 7.6% (as compared to 6.5% in fiscal 2012).
Social Achievements
- Extended maternity leave from two days to three days. Utilized by 48 employees.
- Changed the units of using the short working hours system from one-hour units to 30-minute units
- Extended childcare leave to a maximum of two years
- Extended the maternity leave system (leave that can be taken when an employee’s partner gives birth)
- Re-employed all retirees who submitted applications for re-employment (13 employees).
Governance Achievements
- Introduced a new external whistleblowing system to enhance anonymity.
- Acquired ISO 22301 certification for BCMS in November 2013.
Climate Goals & Targets
- Achieve landfill disposal volume of zero by fiscal 2020
- Reduce energy intensity by 20% by FY2020, compared with FY1990 levels
- Reduce CO2 emissions by 3.8% by FY2020, compared with FY2005 levels
- Increase recycling rate for externally processed waste to 100% by FY2020
- Reduce emission of PRTR substances by 20% compared with FY2010 level by FY2020
- Reduce energy intensity by 1% or more year on year
- Reduce CO2 emissions by 1% or more year on year
- Reduce industrial waste output by 1% or more year on year
Environmental Challenges
- Globalization creates new and unforeseen risks across the entire supply chain, including human rights, compliance, working styles, interaction with society, and local and global standards.
- Maintaining zero emission rate of landfill waste.
Mitigation Strategies
- Deepening understanding of human rights and compliance, working styles, interaction with society, and local and global standards.
- Implementing MCFS-5G activities to achieve thorough implementation of the 5G (five ways of developing the production site), in order to bring about the four areas of safety.
- Strengthening management for reducing emissions of PRTR substances
- Promote green purchasing while striking a balance with cost
Supply Chain Management
Responsible Procurement
- Procurement activities in a fair and just manner based on a relationship of cooperation and trust with our business partners, and with consideration given to the environment.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI 3.1, ISO 26000:2010
Certifications: ISO 9001, OHSAS 18001, ISO 22301:2012
Sustainable Products & Innovation
- Engine oil additives that reduce the emission of CO2
- Intumescent flame retardants that are able to suppress the generation of carbon monoxide during combustion
Awards & Recognition
- Excellent Corporation for the Implementation and Management of Uniform Invoices from Taiwan’s Ministry of Finance
Reporting Period: 2017-04 to 2018-03
Environmental Metrics
ESG Focus Areas
- Environmental Impact Reduction
- Supply Chain Management
- Employee Well-being
- Corporate Governance
- Stakeholder Engagement
Environmental Achievements
- Reduced CO2 emission intensity by 1.1%
- Achieved 73% ISO14001 certification rate among manufacturing sites
- Reduced VOC emissions by approximately 50,000 tons through water-borne coating materials
- Indirectly contributed to CO2 reduction of approximately 1.32 million tons through ADEKA SAKURA-LUBE
Social Achievements
- Launched a mentoring system for new employees
- Implemented a return-to-work program for employees with mental illness
- Maintained 100% employee attendance rate for periodic medical checkups
- Supported employee work-life balance through various programs
- Improved food waste recycling rate
Governance Achievements
- Strengthened Group compliance through surveys and feedback
- Established an internal reporting system for compliance issues
- Conducted an assessment of the effectiveness of the board of directors
- Implemented an anti-bribery policy and training
Climate Goals & Targets
- Achieve a 3% reduction in energy intensity by FY2020 from the FY2017 level
- Achieve a 3% reduction in CO2 emission intensity by FY2020 from the FY2017 level
- Achieve a food recycling rate of 95% in FY2020
- Reduce energy intensity by 1% or more year on year
- Reduce CO2 emission intensity by 1% or more year on year
- Maintain zero emissions for landfill disposal of industrial waste
Environmental Challenges
- Increased number of workplace accidents in FY2017
- Need to further reduce environmental impact, particularly CO2 emissions
- Ensuring sustainable palm oil procurement
- Strengthening supplier compliance
Mitigation Strategies
- Onsite inspections at overseas sites with accidents
- Implementation of energy-saving initiatives and modal shift in logistics
- Obtained RSPO supply chain certification
- Conducting supplier surveys and audits
- Developing a global purchasing system
Supply Chain Management
Supplier Audits: Biennial audits of existing suppliers, compliance questionnaire survey for new suppliers
Responsible Procurement
- Sustainable palm oil procurement
- Control of chemical substances
- Elimination of conflict minerals
- Global Management System (GMS) for data sharing
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standard 2016, Japanese Standards Association ISO 26000:2010
Certifications: ISO 9001, FSSC 22000, ISO 14001 (73% of manufacturing sites), RSPO Supply Chain Certification
UN Sustainable Development Goals
- Goal 5: Gender equality
- Goal 7: Affordable and clean energy
- Goal 8: Decent work and economic growth
- Goal 9: Industry, innovation and infrastructure
- Goal 12: Responsible consumption and production
- Goal 13: Climate action
- Goal 17: Partnerships for the goals
Sustainable Products & Innovation
- Water-borne epoxy resins
- Metal-free PVC stabilizers
- ADEKA SAKURA-LUBE
Awards & Recognition
- Environmental Logistics Special Award
Reporting Period: 2018-04 to 2019-03
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced greenhouse gas emissions (details in report, but not quantified in a single percentage)
- Improved recycling rate (details in report, but not quantified in a single percentage)
- Achieved complete zero emissions for landfill disposal of industrial waste
Social Achievements
- Implemented action plan to increase the ratio of women in management positions
- Implemented measures to promote work-life balance, including childcare and nursing care support programs
- Improved employee engagement through various initiatives (details in report)
Governance Achievements
- Established a robust compliance structure with training programs and reporting mechanisms
- Implemented risk management system with risk management committee and internal auditing
- Maintained a 100% union membership rate for general employees
Climate Goals & Targets
- Not disclosed
- Increase the number of male employees who take childcare leave to five or more and raise the ratio of female employees who take childcare leave to 80% or more by 2021 (General Employer Action Plan)
- Raise the ratio of women in management positions to 5% by 2021 (Action Plan)
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001, OHSAS 18001, ISO 9001, ISO 22301, HACCP, TPM, IMS, FSSC 22000
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Various TPM awards for different plants (details in report)
Reporting Period: 2020-04 to 2021-03
Environmental Metrics
ESG Focus Areas
- Environmental protection
- Making better use of human resources
- Strengthening governance
- Supply of eco-friendly products
- Creating value that meets society’s expectations
Environmental Achievements
- Reduced energy consumption by 541 kl crude-oil equivalent through energy-saving activities.
- Achieved complete zero emissions (less than 0.1%) through recycling for landfill disposal volume of industrial waste.
- Achieved 95.5% rate of food recycling.
Social Achievements
- Launched Remote Work Promotion Project and Business Digitalization Project.
- Average overtime hours per month decreased from 14.6 hours in fiscal 2019 to 12.8 hours in fiscal 2020.
- 100% of women took childcare leave.
Governance Achievements
- Established the Nomination and Remuneration Committee.
- Reorganized as a Company with Audit and Supervisory Committee.
- Implemented advance-warning anti-takeover measures.
Climate Goals & Targets
- Achieve carbon neutrality by 2050
- Reduce CO2 emissions by 12% from 2013 (Scope 1+2) by 2030
- Achieve consolidated operating profit of 35 billion yen, consolidated net sales of 380 billion yen and ROE of 9% in fiscal 2023.
- Reduce CO2 emission intensity by 1.0% or more year on year
- Reduce energy intensity by 1.0% or more year on year
Environmental Challenges
- Worldwide economic downturn and COVID-19 pandemic impacted profit targets.
- Missed profit targets in BEYOND 300 mid-term management plan.
- Decreased marine and railway container shipping volume due to COVID-19 pandemic, resulting in a lower modal-shift rate than targeted.
Mitigation Strategies
- Formulated ADX 2023 mid-term management plan focusing on bolstering earnings and incorporating new social needs such as carbon-neutrality.
- Implementing personnel and DX strategies.
- Strengthening supply chain against risk by retaining multiple suppliers for main raw materials and making successive amendments to the supply chain.
Supply Chain Management
Supplier Audits: 75% of the Group’s purchases by value have agreed to the ADEKA Purchase Guidelines.
Responsible Procurement
- ADEKA General Purchase Policy
- ADEKA Purchase Guidelines
- Sustainable sourcing of palm oil (RSPO certification)
- Avoidance of trading in conflict minerals
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standard, ISO 26000:2010, UNGC
Certifications: ISO 9001, ISO 14001, ISO 45001, FSSC 22000, HACCP, RSPO
Sustainable Products & Innovation
- Reactive emulsifiers
- Marvelous bread-baking margarine
- APPLAUD insecticide
- ADK CYCLOAID plastic additives
Awards & Recognition
- 2019 Good Risk Sense Award
- 2020 Nikkei Superior Products and Services Awards (Marvelous)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
ESG Focus Areas
- Conserving the global environment
- Supply of eco-friendly products
- Creating value that meets society’s expectations
- Dialogue with stakeholders
- Respect for human rights
- Expanding opportunities for utilizing human resources
- Strengthening Group governance and risk management
Environmental Achievements
- Reduced CO2 emissions by 46% from 2013 (Scope 1+2) by 2030
- Achieved complete zero emissions (landfill disposal < 0.1% of industrial waste generated) in 2021
- Reduced energy consumption by 915 kL crude-oil equivalent in 2021 through energy-saving activities
- Increased renewable energy share (specific percentage not provided)
Social Achievements
- Launched Deli-PLANTS series of plant-based foods
- Launched ADK CYCLOAID brand of eco-friendly polymer additives
- Increased number of male employees taking childcare leave to 27 in 2021
- Achieved 100% return-and-retention rate for employees who took childcare leave
- Rehired 100% of mandatory retirees in 2021
- Employed 2.13% of employees (25 people) with disabilities in 2021
- Received recognition under the 2022 Certified Health & Productivity Management Outstanding Organizations Recognition Program
Governance Achievements
- Transitioned from a Company with Audit & Supervisory Board to a Company with Audit and Supervisory Committee in June 2021
- Revised ADEKA Group Corporate Governance Guidelines in 2021 and 2022
- Submitted a CG report in December 2021 in compliance with the revised 2021 Corporate Governance Code
- Implemented a paperless system for Board meetings
Climate Goals & Targets
- Achieve carbon neutrality by 2050
- Reduce CO2 emissions by 46% from 2013 (Scope 1 and 2) by 2030
- Raise the proportion of managers who are women to 5% or more by FY2025
- Reduce energy intensity by 1.0% or more year on year
- Reduce CO2 emission intensity by 1.0% or more year on year
Environmental Challenges
- Climate change (transition and physical risks)
- Supply chain disruptions
- Rising raw material and fuel prices
- Fluctuations in demand for products
- Intensification of wind and water damage due to rising temperatures
Mitigation Strategies
- Established a roadmap to become carbon neutral by 2050
- Established the Carbon-Neutral Strategy Department
- Developed and commercialized industrial processes for decarbonization
- Developed and sales expansion of eco-friendly, low-carbon products
- Improved BCP drills and measures for offices located in coastal areas
- Developed alternative sourcing strategies
- Business portfolio review
Supply Chain Management
Responsible Procurement
- ADEKA General Purchase Policy
- ADEKA Purchase Guidelines
- Sustainable palm oil procurement (RSPO certification)
- Conflict minerals avoidance
- Sedex membership and SMETA audits
Climate-Related Risks & Opportunities
Physical Risks
- Intensification of wind and water damage
Transition Risks
- Introduction of carbon pricing
- Shift to renewable energy
- Growing demand for low-carbon products
Opportunities
- Development of energy-efficient products
- Growing demand for low-carbon products and manufacturing processes
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standard, ISO 26000:2010, TCFD
Certifications: ISO 9001, FSSC 22000 (7 sites), ISO 45001
Sustainable Products & Innovation
- Deli-PLANTS series
- ADK CYCLOAID series
- Eco-friendly materials for next-generation mobility
Awards & Recognition
- Best Partner Awards from Samsung Electronics
- Best Supplier Innovation Webinar Award from L’Oréal Japan