- Rising geopolitical risks, volatile currency exchange rates, and an upsurge in raw material and energy prices
- Labor shortage in the logistics industry (the “2024 Problem”)
- Depletion of food and water resources due to climate change
- Supply chain disruptions
- Increased raw material procurement costs
- Increased environmental investment due to shift to renewable energy
- Market changes spurred by changes in demographics
- Stricter regulations on imports and exports
Nichirei Corporation
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, Nichirei Corporation disclosed greenhouse gas emissions of 3.5K thousand t-CO2e. By scope: Scope 1: 44 thousand t-CO2e; Scope 2: 172 thousand t-CO2e; Scope 3: 1.8K thousand t-CO2e. 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
3.5K thousand t-CO2e
2022-04 to 2023-03
Renewable Energy
9%
of total energy
Waste
43.4 thousand tons
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 44 thousand t-CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 172 thousand t-CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.8K thousand t-CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-03 | 3.5K thousand t-CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 25% compared with FY2016 (Scope 1 and 2 in Japan)
- 56% conversion to natural refrigerants in production equipment (Japan)
- 58% conversion to natural refrigerants in logistics (Global)
- 11 Nichirei Group facilities in Japan installed solar power equipment, generating 3,201 MWh of electricity and reducing CO2 emissions by 1,429 tons in FY2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025
- Achieve 80% natural refrigerant conversion rate in production equipment (Japan) by 2025
- Achieve 62% natural refrigerant conversion rate in logistics (Global) by 2025
📅 Medium-term
- Achieve 30% renewable energy by 2030
- Achieve 100% natural refrigerant conversion rate in production equipment (Japan) by 2031
- Achieve 75% natural refrigerant conversion rate in logistics (Global) by 2031
- Reduce CO2 emissions by 30% compared with FY2016 (Scope 1 and 2 in Japan) by 2025
- Achieve 30% women in management positions by 2031
🔭 Long-term
- Net zero emissions by 2050
- Achieve 30% overseas sales ratio by 2031
- Achieve ROIC of 9% or higher by 2031
🌱 ESG Focus Areas
Creating new value in food and healthStrengthening food processing and production technology capabilities; enhancing logistics servicesRealizing sustainable food procurement and a circular economyClimate change initiativesSecuring and developing a diverse array of human resources