Climate Change Data

HOKUTO Corporation

Climate Impact & Sustainability Data (2021, 2022-04-01 to 2022-06-30, 2023-04-01 to 2023-12-31)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Environmental Sustainability
  • Health and Wellbeing
  • Social Responsibility
  • Community Engagement
  • Employee Wellbeing
  • Diversity and Inclusion

Environmental Achievements

  • Reduced CO2 emissions through solar power generation (specific figures provided for several centers, totaling 2910t cumulative by FY2024)
  • Reduced plastic use in mushroom packaging (specific figures provided, totaling 167t cumulative by FY2024)
  • Stable reuse of mushroom cultivation culture media as compost and feed

Social Achievements

  • Promoting healthy eating habits through 'KINKATSU through mushrooms' campaign
  • Ensuring safety and reliability through GLOBAL G.A.P. certification and regular pesticide/heavy metal testing
  • Providing food aid in disasters and supporting the UN World Food Programme
  • Sports sponsorships and support for local culture and arts (e.g., Nagano Prefectural Cultural Hall)
  • Promoting local employment at mushroom centers
  • Supporting research and human resource development in bio-science through donations

Governance Achievements

  • Initiatives for gender equality, including promoting paid leave and aiming for zero employees working over 45 hours of overtime per month
  • Promoting the use of childcare leave by male employees
  • Implementing career development initiatives to foster female managers
  • Promoting diversity by recruiting and utilizing women, seniors, people with disabilities, and foreign nationals
  • Working toward certification in the Health and Productivity Management Organization Recognition Program

Climate Goals & Targets

Environmental Challenges

  • Reducing CO2 emissions and plastic use
  • Realizing a circular society through resource reuse
  • Promoting healthy lifestyles and addressing food problems
  • Supporting regional revitalization and local economies
  • Creating a workplace that makes employees happy
Mitigation Strategies
  • Introducing solar power generation
  • Reviewing mushroom packaging
  • Recommending plastic reduction to suppliers
  • Reusing mushroom cultivation culture media
  • Promoting recycling activities
  • Researching mushroom functionalities
  • Advocating for 'KINKATSU through mushrooms'
  • Providing factory tours and dietary education
  • Maintaining GLOBAL G.A.P. certification
  • Regular testing for pesticide residues and heavy metals
  • Promoting single-serving size items
  • Providing food aid
  • Supporting the UN World Food Programme
  • Providing functional packaging materials
  • Sports sponsorship
  • Supporting culture and arts
  • Promoting local employment
  • Donations to the HOKUTO Bio-science Promotion Foundation
  • Supporting Pink Ribbon activities
  • Initiatives for gender equality
  • Promoting diversity
  • Working toward Health and Productivity Management Organization Recognition Program certification

Supply Chain Management

Responsible Procurement
  • Recommendations to suppliers to reduce plastics

Climate-Related Risks & Opportunities

Reporting Period: 2022-04-01 to 2022-06-30

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Renewable Energy
  • Waste Management
  • Health and Productivity Management

Environmental Achievements

  • Signed an agreement for a comprehensive sustainability-linked loan to promote sustainability activities and expand solar-powered sites.
  • Aiming to achieve cumulative sales of 2,000 million yen for environment-related materials over the next four years.
  • Focusing on diversification and sophistication of culture media utilization (Bring about three new, used culture media applications).

Social Achievements

  • Aiming to increase the number of subscribers to the mushroom fan site "kinokolabo"
  • Aiming to obtain certification for an outstanding health and productivity management organization

Governance Achievements

  • Signed an agreement for a comprehensive sustainability-linked loan with KPIs linked to loan terms and conditions.

Climate Goals & Targets

Medium-term Goals:
  • Achieve cumulative sales of 2,000 million yen for environment-related materials over the next four years
Short-term Goals:
  • Increase the Hokuto Group's global sales volume to 90,000 tons in FY 2025
  • Increase the number of solar-powered sites to ten by the end of FY 2025
  • Develop a new Bunashimeji strain with increased ornithine content by the end of FY 2025

Environmental Challenges

  • Sluggish mushroom prices due to low vegetable market prices in Japan and outside Japan.
  • Net sales fell short of the plan in some segments.
Mitigation Strategies
  • Reduced expenses in some segments to slightly exceed operating profit plans.
  • Sustainability-linked loan to fund improvements and expansion.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023-04-01 to 2023-12-31

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Invested in Nagano Prefecture-issued Green Bonds as part of its ESG initiatives.

Climate Goals & Targets

Environmental Challenges

  • Sluggishness in unit prices for mushrooms.
Mitigation Strategies
  • Cost curtailment achieved through production volume adjustments.

Supply Chain Management

Climate-Related Risks & Opportunities