Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Supply Chain Sustainability
• Business Continuity

Environmental Achievements

• Started trial introduction of environmentally friendly vehicles in 2022 to reduce GHG emissions from Scope 1.
• Switched to environment-friendly electricity contracts utilizing renewable energy from April 2022 to reduce Scope 2 emissions.

Social Achievements

• Not disclosed

Governance Achievements

• Established a Sustainability Committee in March 2021 to promote company-wide efforts to address sustainability issues.
• Appointed a CSO (Chief Sustainability Officer) in June 2021, concurrently held by the President and CEO.

Climate Goals & Targets

Environmental Challenges

• Increased operating costs due to carbon pricing.
• Increased procurement costs due to carbon pricing on upstream suppliers.
• Increased transportation and storage costs due to rising fuel and electricity prices.
• Increased risk of business disruptions due to climate change-related disasters.
• Potential for increased procurement costs due to carbon pricing on upstream suppliers.

Mitigation Strategies

• Developing a GHG reduction roadmap for Scope 1 and 2 emissions.
• Promoting energy-saving activities and investing in equipment replacements.
• Strengthening BCP (Business Continuity Plan) and disaster response capabilities (e.g., backup generators, fuel security).
• Exploring investment in reducing flood risks at business locations.
• Establishing alternative distribution centers to ensure quick recovery in case of disasters.
• Improving supply chain efficiency through measures like easing delivery conditions and introducing a truck arrival/reservation system.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Promoting supplier delivery efficiency through measures like easing delivery conditions and introducing a truck arrival/reservation system.

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Typhoons

Transition Risks

• Carbon pricing
• Changes in fossil fuel demand
• Changes in electricity prices

Opportunities

• Reduced transportation and storage costs through initiatives like shared delivery and modal shift.
• Increased sales of low-environmental-impact containers and packaging through advancements in recycled materials and biomass-related technologies.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Low-environmental-impact containers and packaging

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Supply Chain Sustainability
• Business Continuity

Environmental Achievements

• Reduced Scope 1 and Scope 2 GHG emissions by 53.2% from 2016 to 2022 (target is 60% reduction by 2030).
• Converted all self-contracted electricity sites (125 locations) to environment-friendly electricity contracts.

Social Achievements

• Not disclosed

Governance Achievements

• Established a Sustainability Committee in March 2021, reporting to the Board of Directors and Management Conference.
• Implemented internal carbon pricing (pilot program).

Climate Goals & Targets

Environmental Challenges

• Increased operating costs due to carbon pricing.
• Increased procurement costs due to carbon pricing in the upstream supply chain.
• Increased risk of business disruptions due to climate-related disasters (flooding).

Mitigation Strategies

• Developing a GHG reduction roadmap for Scope 1 and Scope 2 emissions.
• Promoting collaboration with suppliers to reduce Scope 3 emissions.
• Strengthening BCP (Business Continuity Plan) and investing in disaster preparedness (e.g., backup power generators, fuel security).
• Developing a resilient logistics system with alternative distribution centers.
• Exploring renewable energy procurement (on-site PPA for solar power).
• Implementing energy-saving measures (e.g., motion sensor LEDs).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Improving supplier delivery efficiency (e.g., easing delivery conditions, implementing truck arrival/reservation system).

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Extreme weather events

Transition Risks

• Carbon pricing
• Changes in fossil fuel prices and demand
• Changes in electricity prices

Opportunities

• Development of low-environmental-impact containers and packaging.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Low-environmental-impact containers and packaging

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Reduced GHG emissions (Scope 1 and 2) by 52.6% from 2016 to 2022, aiming for a 60% reduction by 2030.

Social Achievements

• Not disclosed

Governance Achievements

• Established Sustainability Committee in March 2021; appointed Chief Sustainability Officer (CSO) in June 2021.

Climate Goals & Targets

Environmental Challenges

• Increased operating costs due to carbon pricing; increased purchase costs due to carbon pricing in the supply chain; increased risk of infectious diseases, wind/flood-related disasters, and supply chain disruptions due to climate change.
• Potential increase in procurement costs due to carbon pricing in the supply chain.

Mitigation Strategies

• Implementing a reduction roadmap for Scope 1 and 2 emissions, aligning with the goal of achieving carbon neutrality by 2050; actively engaging with stakeholders to reduce Scope 3 emissions and build a resilient supply chain; promoting initiatives to enhance the effectiveness of "safe, secure, and stable food supply"; evaluating investment policies to reduce flood risks at business facilities; working towards establishing a flexible logistics system to address all hazards; implementing Business Continuity Plans (BCPs) and enhancing preparedness for all-hazard disasters; installing emergency power generators; ensuring fuel supply for transportation; setting up alternative centers for prompt response to shipment demands during emergencies; increasing the frequency of reviewing BCPs; conducting comprehensive risk assessments that include climate change risks; rationalizing logistics to reduce waiting times for entry into logistics centers; utilizing reservation systems for truck arrivals; reevaluating inbound cargo volume control.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Increased risk of infectious diseases due to rising temperatures; increasing frequency and severity of wind/flood-related disasters; decline in farm and field productivity; supply chain disruption.

Transition Risks

• Increase in operating costs due to carbon pricing; increase in purchase costs due to carbon pricing; increase in fuel prices; increase in electricity prices; lower demand for fossil fuels.

Opportunities

• Lower transportation and storage costs due to joint delivery and modal shift initiatives; increased sales of containers with low environmental impact/packaging products due to progress with development of recycled material and biomass-related technologies.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Recycled materials and biomass-related technologies

Awards & Recognition

• Not disclosed