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Sustainability promotion system

Promotion Structure

J-OIL MILLS regards ESG as an evaluation indicator of corporate value and has Sustainability Committee as the foundation of an internal structure for proactively promoting ESG Management and sustainability initiatives linked to the company's long-term strategy and growth investments.
This committee is composed of three subcommittees: "Sustainable R&D Subcommittee," "Sustainable Procurement and Environment Subcommittee," and "Human Rights Subcommittee," with six subcommittees under the subcommittees. Each subcommittee and subcommittee has Executive Officer in charge as the person responsible for managing it, and under their leadership, they initiatives on formulating plans and implementing specific measures. Sustainability Committee organically connects the activities of each subcommittee and manages progress on a quarterly basis, while also reporting to Executive Committee and Board of Directors.
Going forward, we will continue to disseminate information about the efforts of this committee both inside and outside the company, and through stakeholder engagement, strive to improve our corporate value by solving social issues.

Promotion system

Sustainability Committee

member

Chairman: Member of the Board Vice Representative Executive Officer, President and CEO CTO
Vice Chairman: Executive Officer and Vice President CCO
Committee members: Executive Officer in charge of each committee and subcommittee, internal and external Audit and Supervisory Board Member (observers), secretariat, etc.

role

Addressing sustainability issues, reporting to Executive Committee and Board of Directors

held

4 times a year

Main agenda items

  • Reducing environmental impact, sustainable procurement that takes human rights and the environment into consideration, product and packaging development, strengthen (Strengthening) supply chain management, human rights issues, etc.
  • Invite external experts to hold study sessions on social issues related to sustainability from a long-term, multi-stakeholder perspective, and exchange opinions with committee members about our company's initiatives

Sustainability committee initiatives

Minutes Main themes and activity goals Materiality
Realizing a sustainable society through a stable food supply Contributing to everyone's well-being through food safety and security Respecting diversity and improving employee motivation Strengthen corporate governance
Environment
  • CO2 emissions reduction
    Scope 1,2 emissions reduction (50% reduction in 2030 compared to 2013)
    Setting Scope 3 Emissions Reduction Targets
  • Promotion of the ICP system and environmental investment
  • Reduce water usage
    Reducing municipal and industrial water usage (30% reduction in 2030 compared to 2019)
  • Consideration of disclosure story and roadmap up to 2030 in line with the TCFD framework
  • Dialogue with investors (TCFD Consortium Roundtable, etc.)
Procurement
  • Deepening sustainable procurement (Promoting the establishment of a system to check compliance with our sustainable procurement policy, etc., and strengthening communication through SAQs and dialogue, etc.)
  • Improve tracing rate to palm plantations (achieve 100% by 2030)
Product development
  • Increase the ratio of “low-load” products (100% in 2030)
  • Zero plastic waste (2030)
Human rights
  • Addressing issues in human rights due diligence (e.g., establishing and considering the operation of an external grievance mechanism)
  • Understanding and spreading respect for human rights

Sustainability-related policies

As guidelines for promoting sustainability, our company has established various policies related to sustainability based on related laws and international norms.
The contents of the policy are reviewed as appropriate depending on social conditions and other factors.

Education

In order to promote sustainability throughout Group, we regularly conduct sustainability training for employees (including executives, temporary workers, contract employees, and part-time employees).
Going forward, we will continue to work to deepen understanding and promote sustainability throughout the company.

2024 Implementation Details

the purpose Deepen your knowledge and understanding of sustainability issues by considering ESG as an indicator of corporate value.
Details of the project Introduction to J-OIL MILLS' sustainability initiatives, basic knowledge of SDGs
format E-learning
Supported language Japanese/English
Target audience All employees working for our Group (including executives, temporary employees, contract employees, and part-time employees)
Attendance rate 95%