Climate Change Data

Toyo Suisan Kaisha, Ltd.

Climate Impact & Sustainability Data (2020, 2021, 2024)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:79,000 t-CO2 (FY2020)
Waste Generated:6,801 tons (FY2020)

ESG Focus Areas

  • Environmental Protection
  • Food Waste Reduction
  • Healthy Longevity
  • Corporate Governance

Environmental Achievements

  • Achieved 100% resource conversion rate due to waste reduction from yield improvements, recycling, and wastewater treatment system overhaul.
  • Reduced CO2 emissions and improved per-unit-of-sales CO2 emissions.
  • Replaced CFC refrigerants with natural refrigerants in refrigeration facilities.

Social Achievements

  • Extended shelf lives of freeze-dried and chilled noodle products.
  • Offered products designed to be eaten with vegetables to reduce food waste.
  • Collaborated with food banks to reduce food loss.

Governance Achievements

  • Reinforced compliance and made responsibilities of directors and structure of responsibilities for individual business segments explicit.
  • Strengthened corporate governance through transparent management and swift decision-making.
  • Established an internal reporting system ('Report Line') for preventing and detecting legal violations and fraud.

Climate Goals & Targets

Environmental Challenges

  • Increasing production and supply costs.
  • Intensified competition in the seafood segment.
  • Decreased sales volumes of signature shumai and rice burger products following price revisions.
  • Impact of market fluctuations and price rises in fish costs.
Mitigation Strategies
  • Revised prices of products to steadily deliver quality products.
  • Implemented various promotions and new product launches to stimulate demand.
  • Curbed sales promotion costs.
  • Focused on selling products at reasonable prices to convenience stores and mass retailers.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Products with extended shelf lives
  • Products designed to be eaten with vegetables

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:100,000 t-CO2 (approx.)
Waste Generated:14,738 tons (FY2021)

ESG Focus Areas

  • Environmental Impact Reduction
  • Food Loss Reduction
  • Water Conservation
  • Healthy Longevity
  • Corporate Governance

Environmental Achievements

  • Replaced equipment at Maishima cold storage facility, Shonan Toyo Kaisha, Ltd., and Suruga Toyo Kaisha, Ltd. with natural refrigerants to reduce CFC leakage.
  • Reduced food waste discharged, keeping the recycling rate above 95% target.
  • Slightly decreased CO2 emissions year-on-year.

Social Achievements

  • Extended shelf lives of some seasonings, freeze-dried soups, and chilled noodle products.
  • Developed products that encourage the consumption of regular ingredients to reduce food waste.
  • Provided products to food banks and children’s cafeterias.

Governance Achievements

  • Reinforced compliance and made the responsibilities of directors and the structure of responsibilities for the individual business segments explicit.
  • Strengthened corporate governance through transparent management and swift decision-making.
  • Established an internal reporting system called “Report Line” for preventing legal violations and in-house fraud.

Climate Goals & Targets

Environmental Challenges

  • Rising leakage from aging air conditioning equipment increasing CFCs leaked.
  • Decreased demand for products for restaurants and hotels due to the impact of COVID-19.
  • Decline in market prices for salmon and trout and poor fish catches.
Mitigation Strategies
  • Continuously working to reduce materials used and CO2 emissions across production, procurement, and logistics.
  • Implementing more meticulous production and management of product inventories.
  • Selling products at reasonable prices and conducting inventory valuation review.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Products with extended shelf lives
  • Low-sodium foods and foods with function claims
  • Health-conscious product lines

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:13,070 t-CO2 (Toyo Suisan Kaisha, Ltd.)
Scope 3 Emissions:823.8 thousand t-CO2 (FY2022)
Waste Generated:12,851 tons (FY2022)

ESG Focus Areas

  • Climate Change
  • Biodiversity
  • Social Issues
  • Employee Diversity and Inclusion

Environmental Achievements

  • CO2 emissions decreased at each business site and per unit of sales improved.
  • Resource conversion rate remained at a high level of 99.9% for industrial waste.
  • Food waste recycling rate remained above the 95% target.
  • Switched from heavy oil to natural gas as boiler fuel and from CFC refrigerants to natural refrigerants (ammonia/CO2) in factories and cold warehouses.
  • Use of renewable energy sources (biomass and solar power) at Kanto Factory, Saitama Factory, Fukushima Foods Co., Ltd., and Imari Toyo Co., Ltd.
  • Optimized transportation distances in logistics by changing distribution sites.

Social Achievements

  • Developed and offered products that meet various needs such as saving time, convenience, and individual meals.
  • Expanded lineup of products suitable for running stock (disaster preparedness).

Governance Achievements

  • Strengthened corporate governance to ensure management’s transparency and swift decision-making.

Climate Goals & Targets

Medium-term Goals:
  • Toyo Suisan Group Environmental Targets for FY2030

Environmental Challenges

  • Unprecedentedly challenging business environment due to the COVID-19 pandemic, geopolitical risks, exchange rate fluctuations, and soaring raw material and energy prices.
  • Increased industrial waste due to increased production and change from valuable resources to industrial waste.
  • Sluggish sales of Maruchan ZUBAAAN! series in the Domestic Instant Noodles Segment.
Mitigation Strategies
  • Implemented measures to address rising costs in Japan and overseas.
  • Made investments to strengthen management foundation.
  • Addressed social issues and environmental concerns.
  • Implemented cost reductions and promoted aggressive sales activities.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001

Sustainable Products & Innovation

  • Tsuruyaka series (chilled noodles)
  • Maruchan Fresh Ramen Noodle Champon