Climate Change

Climate Change

Basic Views

At the 21st United Nations Climate Change Conference (COP 21), the Paris Agreement was adopted and a target was set to limit the increase in global average temperature to well below 2°C above pre-industrial levels, and limiting it to 1.5°C if possible.

NH Foods Group is cognizant that climate change is a pressing issue in people's lives and our business activities, and we are working to cut emissions throughout the Group such as by reducing CO2 emissions, using energy efficiently.

Targets

One of the Five Materialities is Contributing to a sustainable environment. Based on this, we have set medium- to long-term targets to be achieved by 2030.
In response to climate change, we have set targets and are promoting activities for reducing CO2 emissions at both our domestic and overseas business locations.

Promotion Systems

Please refer to promotion systems on the environmental management page.
In particular, the Director of Sustainability is in charge of operation of climate change initiatives.
Policies, policy formulation, and initiatives related to climate change are discussed by the Sustainability Committee, deliberated on by management committees, and referred to the Board of Directors, which is the decision-making body.

About TCFD

In 2018, we joined the Japan Climate Initiative*1 and in June 2020, we endorsed the proposal presented by the Task Force on Climate-related Financial Disclosures*2 (TCFD) and became a member of TCFD Consortium*3.

From fiscal 2021, we established the TCFD Task Council to evaluate the risks and opportunities accompanying climate change and do a scenario analysis. Measures for responding to risks and opportunities are being considered, and we have been disclosing information based on the TCFD Framework since May 2022.

Information Disclosure Based on the TCFD Framework FY2022 [ 636 KB ]

Information Disclosure Based on the TCFD Framework FY2021 [ 692 KB ]

  • Note1:Japan Climate initiative: A network that aims to strengthen the distribution and exchange of information among companies, local governments, NGOs, and others in Japan in order to achieve a low-carbon society. CDP Worldwide-Japan, WWF Japan, and the Renewable Energy Institute serve as the secretariat.
  • Note2:Task Force on Climate-related Financial Disclosures: A task force established in 2015 by the Financial Stability Board (FSB), an international organization in which central banks and financial regulators from major countries participate. In June 2017, the final report released recommendations on voluntary disclosure with the aim of encouraging companies and other organizations to identify and disclose the financial impacts of climate change risks and opportunities.
  • Note3:TCFD Consortium: The consortium was established to discuss measures by companies and financial institutions that endorse the TCFD to effectively disclose information and use disclosed information to make appropriate investment decisions by financial institutions and other

Major Initiatives

Reducing CO2 Emissions

Life Cycle Assessment