Recently, many disasters have been occurring both in Japan as well as overseas. In 2019, Typhoon Faxai and Typhoon Hagibis caused severe damage in Japan, while widespread forest fires had a devastating impact on ecosystems in Australia. These were followed by the COVID-19 pandemic which significantly changed our daily lives.
The business operations of the NISSIN FOODS Group can be affected by detrimental effects resulting from climate change and natural disasters arising from climate change. Such effects include spikes in the cost of raw materials and damage to manufacturing plants. For business to continue and develop into the future, it is necessary to reduce the negative impact on the environment through energy-saving measures as well as creating mechanisms that can adapt to the impact of climate change.
Therefore, our Group embarked on analyzing climate change scenarios in 2019 to identify specific risks and opportunities. Furthermore, in April 2020, we formulate EARTH FOOD CHALLENGE 2030 —our environmental strategy until 2030—setting targets for our climate change efforts and the effective use of resources. Among them, the reduction of CO2 emissions has been positioned as a priority issue, and we aim to reduce total Scope 1 and 2* emissions in Japan and overseas by 30% compared to fiscal 2019.
Toward achieving these environmental targets, we have established the Sustainability Committee chaired by me. We put in our full effort as one united Group involving employees both in Japan and overseas.
Instant noodles have all along been products with extremely low life-cycle CO2 emissions, but to reduce the negative impact on the environment even further, we have adopted the Biomass ECO Cups—which use plant-based biomass plastics—for the containers of our CUP NOODLES brand, and replacement has been underway since 2019.
In addition, we joined the Roundtable on Sustainable Palm Oil (RSPO) in October 2017 to strengthen raw material procurement that takes sustainability into consideration. In fiscal 2020, we started procurement of RSPO-certified palm oil at all plants in Japan manufacturing CUP NOODLES.
At the same time, we are also promoting the development of plant-derived meat alternatives and cultured meat to reduce the negative impact on the environment arising from livestock production. In the future, we may see the need for vegan CUP NOODLES that do not use any animal-derived raw materials.
Going forward, we will continue to meet the expectations of consumers by continuing to develop products that address environmental and social issues.
EARTH FOOD CREATOR—the Group Philosophy of the NISSIN FOODS Group—includes our desire to contribute to society and the earth by gratifying people everywhere with the pleasures and delights food can provide. As the pioneer of instant noodles, we provide safe and delicious foods to people, and it is also our mission to promote product development that addresses environmental and social issues. We think it is important to contribute toward the achievement of the Sustainable Development Goals (SDGs) through such business activities, which is actually Creating Shared Value (CSV) management.
- *Scope 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).