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