Sustainability promotion system

Policy

J-OIL MILLS regards environmental, social and governance (ESG) factors as indicators for evaluating corporate value and actively promotes ESG Management linked to the company's long-term strategy and growth investments, as well as the creation and provision of value to society and the environment by leveraging the strengths of its products and business.
To realize our corporate vision of "Joy for Life^®-Bringing joy to the future by food," we will initiatives on oil, an essential part of diet, and think about what we, as a group of experts, can do to help create a rich and sustainable society and lifestyles.

Promotion system

J-OIL MILLS has established Sustainability Committee, chaired by Member of the Board, as the foundation of an internal system to promote sustainability throughout the company. From April 2023, we will establish a new "Logistics Subcommittee" under the "Sustainable Procurement and Environment Subcommittee," and view the "2024 problem" as a company-wide issues, not just for the logistics department, and work toward realizing sustainable logistics. We have started to understand the actual situation and take improvement activities. Additionally, we believe that it is important to initiatives human capital, which forms the basis of corporate activities, in order to sustainably improve corporate value, and in July 2023 we established a new Human Division. We will continue to disseminate initiatives of this committee both internally and externally, and through engagement with stakeholders, aim to improve corporate value by resolving social issues.

(As of the end of July 2023)

Sustainability committee initiatives

	Main activity results in 2022	Main activity goals for 2023
Environment	CO2 emissions reduction Scope 1,2 emissions reduction by 2% (compared to previous year) Consideration of setting Scope 3 emissions reduction targets Introduced internal carbon pricing (ICP) system Reduce water usage Reduce municipal and industrial water usage by 10% (compared to 2019) and achieve 2030 target	CO2 emissions reduction Scope 1,2 emissions 1% reduction per unit (compared to previous year) Setting Scope 3 emissions reduction targets (continued) Penetration of ICP system and promotion of environmental investment Reduce water usage Setting a new goal of reducing municipal and industrial water usage by 30% (compared to 2019)
TCFD	Deep dive and quantification of identified risks Expanding disclosure of financial impact assessment (Posted in TCFD Guidance 3.0 case study)	Consideration of disclosure story and roadmap until 2030 Dialogue with investors: Attendance at TCFD consortium roundtable
Procurement	Promoting conclusion of contracts that include sustainability clauses SAQ request to supplier Formulation of "Soybean Procurement Policy" and joining the Roundtable on Responsible soybean (RTRS)	Promoting conclusion of contracts that include sustainability clauses (ongoing) Promoting the English translation of sustainability-related policies and agreements and the conclusion of the above contracts with overseas suppliers Improving tracing rate to palm plantations
Product development	Building a progress management system for sustainable product development themes Information dissemination via corporate website "Smart Green Pack ^®" "Violife" In order to realize the value of “low impact,” environmental standards are permeated within the company, checks are implemented, and the scope of coverage is expanded. Establishment and start of operation of exterior labeling guidelines	Progress management of sustainable product development themes External communication of sustainable product development themes In-house penetration of environmental standards and expansion of operational targets to realize “low impact” value
Human rights	Human rights training, compliance awareness, survey implementation Contractor hearing regarding foreign technical intern trainees DE&I: Holding a women's management school and disseminating information within the company on LGBTQ basic knowledge	Conducting human rights due diligence Gap analysis based on guidelines Organizing and prioritizing issues /missing items Consideration of external complaint handling mechanism, etc.

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.

Policy
(Japanese text only)

Education

To promote sustainability throughout our Group company, we regularly conduct sustainability training for our employees (including directors, temporary, contract, and part-time employees).
In FY2023, we conducted sustainability training via e-learning for all Group employees in Japan and abroad. e-learning participation rate was 94%. By incorporating initiatives introductions to our sustainability into the training content, we worked to incorporate the content into our daily work and foster an awareness of our stakeholders. We will continue our efforts to promote sustainability throughout the company by continuing our efforts to spread understanding of the concept.

2023 Implementation Details

Theme	Learning about the relationship between companies and SDGs from a business perspective
the purpose	Learn about the SDGs and deepen your knowledge and understanding of sustainability issues
format	E-learning (basic knowledge of SDGs, introduction to J-OIL MILLS' sustainability initiatives etc.)
Supported language	Japanese/English
Target audience	All employees working for our Group (including executives, temporary employees, contract employees, and part-time employees)