Climate Change Data

STI Foods Holdings, Inc.

Climate Impact & Sustainability Data (2022-01 to 2022-03)

Reporting Period: 2022-01 to 2022-03

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable raw materials
  • Reduction of greenhouse gas emissions
  • Reduction of food loss and food waste

Environmental Achievements

  • Increased the percentage of certified products in the total volume of salmon handled from 40.6% in 2019 to 89.2% in 2021. Plan to reduce CO2 emissions by introducing nitrogen freezers.
  • Achieved a 60% reduction in CO2 emissions from 2019 to 2021 by gradually replacing electric freezers with nitrogen freezers.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Steeply rising resource prices
  • Weakening yen
  • Geopolitical risks (Russian invasion of Ukraine)
  • Accelerating rise in the price of raw materials, resources, and fuel
  • Fire at Funabashi Plant resulting in approximately 300 million yen in lost sales and 120 million yen in lost profit.
Mitigation Strategies
  • Fair price increases
  • Expanding business with Seven-Eleven (Japan and overseas)
  • Expansion of new sales (new retail partners, e-commerce)
  • M&A strategy (acquisition of sales and logistics companies)
  • Investment in ventures
  • Minimization of waste through thorough integration of production
  • New plant in Kinki area and consideration of a plant in North America
  • Replacement production at STI Delica Shiraoka Plant to minimize the effect on sales from the fire.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Procurement of sustainable raw materials (MSC and ASC certified)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: MSC, ASC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed