Environmental Strategy EARTH FOOD CHALLENGE 2030
The NISSIN FOODS Group has established its Group philosophy as EARTH FOOD CREATOR, which seeks to contribute to society and the earth by gratifying people everywhere with pleasures and delights food can provide. The Group aims to realize a sustainable society and raise corporate value. Environmental problems on a global scale, such as climate change, are becoming more apparent in recent years. Under such circumstances, as a global company supporting people in the world with food, promoting environmental measures at an even higher level has shifted to an important management priority, and the environmental strategy EARTH FOOD CHALLENGE 2030 was formulated in April 2020.
The environmental strategy EARTH FOOD CHALLENGE 2030 comprises two pillars. “Earth” Material Challenge is an effort focused on preserving the environment and limiting the use of natural resources. Green “Food” Challenge is an effort to reduce CO2 emissions in the Group’s business activities.
“Source Sustainably,” “Conserve Natural Resources,” and “Create a World without Waste” are the three themes established under “Earth” Material Challenge, while “Manufacture with Green Electricity,” “Develop with Green Ingredients,” and “Complete with Green Packaging” are the three themes established under Green “Food” Challenge.
Progress toward Environmental Strategy EARTH FOOD CHALLENGE 2030
| Environmental Targets toward 2030 | Targets | Figures |
|---|---|---|
| Sustainable palm oil procurement ratio | 100% | 37.7% *1 |
| Overall water use (per million yen of IFRS-based sales) | 12.3m3/per million yen | 10.5m3/per million yen *1 |
| Waste recycling ratio (within Japan) | 99.5% | 99.8% *1 |
| Total waste reduction in sales and distribution processes (compared to fiscal 2016, within Japan) | -50.0% | -0.2%*2 |
| Reduction of CO2 emissions: Scope 1 + 2 (compared to fiscal 2019, in Japan and overseas) | -42% | -4.0% *1 |
| Reduction of CO2 emissions: Scope 3 (compared to fiscal 2019, in Japan and overseas) | -25% | 0.4% *1 |
The target figures were revised upward in May 2023, and we are currently applying for SBT *5 accreditation. (SBT accreditation was already obtained for the target figures before the upward revision.)
- *1Results for 2022
- *2Results for fiscal 2022
- *3Scope 1 refers mainly to greenhouse gas emissions resulting directly from the fossil fuels a company uses (direct emissions). Scope 2 refers mainly to greenhouse gas emissions from the use of electricity and steam procured by a company (indirect emissions).
- *4Scope 3 refers mainly to greenhouse gas emissions from a company’s value chain such as procurement of raw materials, transportation, and disposal (excluding Scope 1 and 2).
- *5The Paris Agreement is a multinational agreement regarding the reduction of greenhouse gas emissions that was adopted at the 21st Session of the Conference of the Parties (COP 21) of the United Nations Framework Convention on Climate Change held in Paris in 2015.
NISSIN FOODS Group EARTH FOOD CHALLENGE 2030 environmental strategy