Fuji Oil identified as leader for engaging with suppliers on climate change

Fuji Oil identified as leader for engaging with suppliers on climate change

Osaka, February 9: For the first time, the Fuji Oil Group achieved a place on the prestigious ‘Supplier Engagement Leaderboard’ of the non-profit environmental organization CDP. Our company is among the top 7% out of a total of 5,640 companies assessed for supplier engagement on climate change.

CDP’s Supplier Engagement Rating (SER) provides a score on how effectively companies are engaging their suppliers on climate change. It is also an indicator to boost business to business collaboration. Organizations are evaluated based on their responses to CDP Climate change questionnaire, especially in 4 areas (Governance, Targets, Scope 3 emissions, and Supplier engagement), and an overall score of the questionnaire.

Earlier this year, the group secured a place in the A list of all the three CDP’s questionnaires 2020 (Forests, Climate change, Water security), and became one of the first Japanese companies to achieve a triple ‘A’.

Fuji Oil Group promotes ESG management to achieve sustainable growth through the creation and offer of Plant-Based Food Solutions. This recognition by CDP confirms, once again, that our activities such as measuring greenhouse gas emissions throughout our supply chain, setting emission reduction targets certified by the Science Based Targets Initiative, and procuring palm oil in consideration with environmental and social issues are highly valued.

We will continue to accelerate our efforts in the entire supply chain to contribute to the society with delicious and healthy foods.

 Refer to the followings for the details of our supplier engagement related to climate change.

＞May 7^th, 2020 Press Release Reduction of Greenhouse Gases – Target approved by Science Based

 Targets initiative

＞Sustainability Report 2020 Sustainable Procurement of Palm Oil

About Fuji Oil Holdings

The Fuji Oil Group is a manufacturer of plant-based food solutions in the fields of hard butters for chocolate and industrial use chocolate; confectionery and bakery ingredients including cream, margarine, and cheese-flavor ingredients; and soy ingredients. With Headquarters in Japan, the Group has 32 companies in 14 countries and employees nearly 6000 talented people. Ever since its founding in 1950, Fuji Oil has adhered to the conviction that its path to survival and advancement lies in cultivating new fields through application of its originality, without following the lead of other companies. With a focus on tropical oils and fats, we began developing business overseas at an early stage. Similarly, in the belief that soybeans will contribute to human health and the environment, we have been researching and making sophisticated use of them for more than half a century.

Visit https://www.fujioilholdings.com/en/ 

About Fuji Europe Africa

 

Fuji Europe Africa B.V. is the European and African regional HQ for the Fuji Oil Holdings and is responsible for creating new businesses for our Plant-Based Food Solutions. We provide applications for meat and dairy analogues utilizing our own highly- functional ingredients. We also support the expansion of our European Cocoa-Based Fillings and Compounds, and Specialty Oils & Fats businesses through Fuji Oil Europe and Fuji Oil Ghana. Fuji Europe Africa is also a center for developing and implementing the Group’s globalization strategies for supply chain and Environmental Social Governance in the region. Fuji Europe Africa is also the hub for Group R&D open innovation activities. https://fujieuropeafrica.com/

 

About CDP

CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition.

Visit https://cdp.net/en  or follow us @CDP to find out more.