Riken Vitamin Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2023, 2022-04 to 2023-03, 2022, 2020-04 to 2021-03, 2019-04 to 2020-03, 2018-04 to 2019-03, 2017-04 to 2018-03

In its 2023-04 to 2024-03 reporting, Riken Vitamin Co., Ltd. disclosed greenhouse gas emissions of 32.0K t-CO2e/year (Scope 1 & 2). By scope: Scope 1: 32.0K t-CO2e/year; Scope 2: 22.9K t-CO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
32.0K t-CO2e/year (Scope 1 & 2)
2023-04 to 2024-03
💧
Water Usage
386.0K m3/year
2023-04 to 2024-03
♻️
Waste
3.9K tons/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).32.0K t-CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.22.9K t-CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-0332.0K t-CO2e/year (Scope 1 & 2)
2022-04 to 2023-0335.2K t-CO2e/year (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Increase ratio of global talent to 10% by FY2030.

📅 Medium-term

  • Reduce GHG emissions (Scope 1 and 2) by 40% (compared with FY2018) by FY2030.
  • Increase ratio of female managers to 10% by FY2026.
  • Reduce cross-shareholdings to less than 20% of consolidated net assets by March 31, 2025.

🔭 Long-term

  • Achieve carbon neutrality through net zero emissions by FY2050.

🌱 ESG Focus Areas

Climate ChangeEfficient use of resourcesFood lossConservation of water resourcesConservation of biodiversity and ecosystemsInstability in supply chainsLifestyle changesPromotion of D&IEnsuring product safety and reliabilityCreating added value through technology that effectively uses natural materials

⚠️ Challenges & Risks +

  • Rising raw material and fuel prices.
  • Reduced harvests due to abnormal weather.
  • Exchange rate fluctuations.
  • Rapid inflation.
  • Population decline in the Japanese market.
  • Supply chain instability due to geopolitical risks and climate change.
  • Securing human resources due to the decline in Japan’s working population.
  • Fluctuating raw material prices and intensifying competition for commodities.
  • Increasing geopolitical risks that impact supply chains.
  • Differing laws and regulations in the countries we serve.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: International Integrated Reporting Framework, Guidance for Integrated Corporate Disclosure and Company-Investor Dialogue for Collaborative Value Creation, TCFD recommendations