Sustainability promotion system

Policy

J-OIL MILLS regards environment, society, and governance (ESG) as an evaluation index for corporate value, and conducts ESG Management that is linked to the company's long-term strategy and growth investment, and leverages the strengths of its own products and business to improve society and the environment. We will actively promote the creation and provision of value.
In order to realize our corporate vision of "Joy for Life ^®︎-Bringing joy to the future by food," we will start with "oil," which is essential to our diet, and think about what we, as a group of experts, can do to create a rich and fulfilling life. We will initiatives to realize a sustainable society and lifestyle.

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 participation in 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 Dissemination of information using 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

In order to promote sustainability throughout our Group, we regularly conduct sustainability training for employees (including executives, temporary employees, contract employees, and part-time employees).
In fiscal 2022, we conducted sustainability training via e-learning for employees of Group companies in Japan and overseas. The e-learning participation rate was 91%. In the post-training survey, participants said that they had a deeper understanding of sustainability and that it gave them an opportunity to reconsider whether there is work that they can contribute to in their own department. We will continue to strive to increase understanding and promote sustainability throughout the company.

2022 implementation details

Theme	Social trends regarding SDGs Basic knowledge of ESG Roles required of companies
Supported language	Japanese/English
Target audience	All employees working in our Group (including executives, temporary employees, contract employees, and part-time employees) *Employees who do not have personal PCs will take the voluntary course at general meetings at each location.