NISSIN FOODS HOLDINGS CO., LTD.
Climate Impact & Sustainability Data (2019-04 to 2020-03, 2020-04 to 2021-03)
Reporting Period: 2019-04 to 2020-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Resource Conservation
- Food Safety
- Social Contribution
- Employee Well-being
- Compliance
Environmental Achievements
- Started procurement of RSPO-certified palm oil at all plants in Japan manufacturing CUP NOODLES in fiscal 2020.
- Began using Biomass ECO Cups for CUP NOODLES containers, reducing petroleum-based plastic use by approximately 50% and lifecycle CO2 emissions by 16%.
- Achieved a 99.5% waste recycling ratio in manufacturing processes in Japan.
Social Achievements
- Implemented the Hyakufukushi Project, undertaking 100 social contribution activities over 50 years.
- Launched products supporting Tohoku region recovery efforts, donating a portion of sales proceeds.
- Donated approximately ¥37 million to the Japan Association for the World Food Programme (JAWFP).
Governance Achievements
- Established a Sustainability Committee chaired by the CEO with five working groups.
- Established an internal whistleblowing system.
- Implemented compliance training for all employees.
Climate Goals & Targets
- Reduce Scope 3 emissions by 15% compared to fiscal 2019 by fiscal 2031.
- Achieve 100% sustainable palm oil procurement by fiscal 2031.
- Achieve a 50% total waste reduction in sales and distribution processes in Japan by fiscal 2031.
- Achieve overall water use of 12.3 m3 per million yen of sales (based on IFRS standards) by fiscal 2031.
- Reduce total Scope 1 and 2 emissions in Japan and overseas by 30% compared to fiscal 2019 by fiscal 2031.
Environmental Challenges
- Global disasters (typhoons, forest fires, COVID-19 pandemic) impacting business operations.
- Climate change affecting raw material costs and manufacturing plants.
- Plastic waste problem.
Mitigation Strategies
- Formulated EARTH FOOD CHALLENGE 2030, setting targets for CO2 emission reduction and resource efficiency.
- Analyzing climate change scenarios to identify risks and opportunities.
- Promoting energy-saving programs and renewable energy use.
- Developing plant-derived meat alternatives and cultured meat.
- Implementing the NISSIN Plastic Education Project to raise awareness about plastic waste.
Supply Chain Management
Responsible Procurement
- Procurement of sustainable palm oil (RSPO certified).
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters impacting raw material costs and manufacturing plants.
Transition Risks
- Regulatory changes related to climate change.
Opportunities
- Development of energy-efficient products and processes.
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standards, ISO 26000—Guideline on Social Responsibility, Japanese Ministry of the Environment, Environment Reporting Guidelines 2018
UN Sustainable Development Goals
- Goal 2: Zero Hunger
Providing food aid and disaster relief; developing products for health-conscious customers.
Sustainable Products & Innovation
- Biomass ECO Cups
- Plant-derived meat alternatives
- Cultured meat (research stage)
Awards & Recognition
- Best Resilience Award (2020 Japan Resilience Awards)
- New Office Promotion Award (31st Nikkei Office Awards for 2018)
- Semi-Nadeshiko Brand (2019 and 2020)
- Platinum Kurumin certification
Reporting Period: 2020-04 to 2021-03
Environmental Metrics
ESG Focus Areas
- Food Safety
- Environment
- Social Contribution
- Employees
- Compliance
Environmental Achievements
- Reduced CO2 emissions through energy-saving initiatives at manufacturing plants (e.g., LED lighting, heat pump facilities, heat reuse).
- Reduced waste by improving wastewater treatment facilities and recycling mixed waste.
- Reduced plastic usage by modifying containers and packaging designs.
- First in the world to successfully produce bovine muscle tissue (cultured meat).
Social Achievements
- Launched the Hyakufukushi Project, engaging in 100 social contribution activities over 60 years.
- Donated to the Fund to Support Children’s Future and the United Nations World Food Programme.
- Implemented Smart Work 2000 project to reduce annual working hours and improve work-life balance.
- Received Platinum Kurumin certification for supporting childcare.
Governance Achievements
- Established a Compliance Committee chaired by the COO to ensure conduct in line with social ethics.
- Established a Policy on Human Rights.
- NISSIN FOODS HOLDINGS Board of Directors consists of a majority of outside directors to strengthen supervisory functions.
Climate Goals & Targets
- Achieve net-zero emissions (implied)
- 30% reduction in greenhouse gas (CO2) emission from business operations (by FY2021)
- 100% ISO 14001 certification rate at Group plants (by FY2021)
- Confectionery and cereal business to achieve 100 billion yen in revenue (by FY2021)
- Reduce water consumption by 10% by 2025 (implied)
Environmental Challenges
- Natural disasters causing spikes in raw material costs and damage to manufacturing plants.
- Resource depletion and health disparities.
- Declining workforce due to Japan's shrinking and aging population.
Mitigation Strategies
- Measures to address climate change, including reducing energy consumption and setting new medium-term environmental targets.
- Collaboration with other companies, industry organizations, and the national government to address environmental and social issues.
- Development of containers made from biomass resources and promotion of sustainable palm oil and plant-based meat alternatives.
- Implementation of Smart Work 2000 project and other initiatives to improve work-life balance and attract and retain employees.
- Establishment of business continuity planning (BCP) countermeasures.
Supply Chain Management
Supplier Audits: approx. 200 companies in Japan and overseas (FY2019)
Responsible Procurement
- Socially and environmentally considerate raw material procurement
- Nissin Group Policy on Sustainable Procurement
- Use of RSPO certified palm oil
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: Japanese Ministry of the Environment, Environment Reporting Guidelines 2019, GRI Sustainability Reporting Standards, ISO 26000 - Guideline on Social Responsibility
Certifications: ISO 14001, ISO 22000, ISO/TS 22002-1, FSSC 22000, Platinum Kurumin certification
UN Sustainable Development Goals
- Goal 1 (No Poverty)
- Goal 2 (Zero Hunger)
- Goal 3 (Good Health and Well-being)
- Goal 13 (Climate Action)
Contributions through product provision, donations, and initiatives to reduce environmental impact.
Sustainable Products & Innovation
- Products made with sustainable raw materials, long shelf-life products, re-fillable products, simplified packaging, plant-based meat alternatives, cultured meat.
Awards & Recognition
- New Office Promotion Award (2019)
- Certified Health and Productivity Management Organization (2019)
- Sports Yell Company (2019)
- Tokyo Sports Promotion Company (2019)