Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Introduced on-site power generation and energy-saving equipment at production sites.
• Aiming to reduce city water and industrial water usage by 10% compared to 2019 by 2030.

Social Achievements

• Promoting the acquisition of childcare leave regardless of gender and improving the environment for balancing work and family after returning to work.
• Target of 40% or more female employees among newly hired employees.

Governance Achievements

• Policy to reduce holdings of policy-based stocks by half by fiscal 2024.

Climate Goals & Targets

Environmental Challenges

• Continued high raw material costs due to rising prices of soybeans, rapeseed, palm oil, and ocean freight.
• COVID-19 pandemic's impact on business operations.

Mitigation Strategies

• Price revisions to match raw material cost increases.
• Expansion of high-value-added products.
• Continuous cost reduction efforts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Rights
• Sustainable Supply Chain
• Employee Well-being
• Corporate Governance

Environmental Achievements

• Reduced Scope 1 and 2 CO2 emissions by 2% (year-on-year)
• Reduced city water and industrial water usage by 14% (compared to 2019)
• Achieved a 99.9% or higher recycling rate in production waste
• Launched "Smart Green Pack®", reducing plastic usage by approximately 60% and CO2 emissions by approximately 26% compared to similar containers.
• Installed solar panels at Kurashiki factory, converting approximately 300,000 kWh to CO2-free electricity annually.

Social Achievements

• Conducted human rights e-learning for all employees (domestic and overseas), with over 90% reporting understanding and usefulness.
• Held a "Casiopea Management Seminar" for female management candidates.
• Launched the "Eating Sus-katsu" project with Violife plant-based cheese, promoting sustainable diets.
• Supported "Children's Place-Making" project in Okayama City, donating ¥1 million.

Governance Achievements

• Implemented Internal Carbon Pricing (ICP) system in April 2023.
• Incorporated ESG indicators into individual performance goals for executives.
• Established a Sustainability Committee chaired by a director.
• Enhanced the effectiveness of the Board of Directors through various measures.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events and geopolitical risks.
• Ensuring stable supply of raw materials due to climate change impacts on crop yields and quality.
• Meeting increasing demand for sustainable raw materials.
• Addressing human rights risks in the supply chain.
• Maintaining stable logistics due to driver shortages and rising transportation costs.

Mitigation Strategies

• Developed alternative sourcing strategies and diversified raw material origins.
• Implemented measures to mitigate risks from natural disasters and supply chain disruptions.
• Conducted supplier audits using the GCNJ common SAQ.
• Developed and implemented human rights due diligence processes.
• Improved logistics efficiency through various measures, including extending delivery lead times.

Supply Chain Management

Supplier Audits: Approximately 80% of raw material and material procurement value

Responsible Procurement

• Sustainable procurement policy and standards
• Palm oil procurement policy
• Soybean procurement policy
• Use of GCNJ common SAQ for supplier assessments

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Flooding
• Extreme weather events

Transition Risks

• Strengthening CO2 emission regulations
• Changes in consumer preferences towards sustainability

Opportunities

• Cost reduction in production and logistics
• Introduction of renewable energy
• Increased demand for sustainable products

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 9001, ISO 22000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Smart Green Pack®, Violife plant-based cheese, SUSTEC® products

Awards & Recognition

• 47th Kinoshita Prize (Improvement and Rationalization Division) for Smart Green Pack® cap