TOKYO, December 22, 2020 – Ajinomoto Co., Inc. (“Ajinomoto Co.”) has been selected by CDP,1 an international environmental non-profit, for inclusion in its Climate Change A List for 2020. Selection for the A List, CDP’s highest evaluation, is in recognition of factors including Ajinomoto Co.’s comprehensive disclosure and pioneering initiatives regarding climate change. This is the first time Ajinomoto Co. has been on the A List.
CDP drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests, and it leverages institutional investors and major purchasing organizations worldwide that have a strong interest in environmental issues to motivate companies to disclose and manage their environmental impacts. Each year, CDP collects, analyses and evaluates information on the environmental activities of major companies around the world and selects the most outstanding companies in terms of climate change-related initiatives and information disclosure for its Climate Change A List. In fiscal 2020, more than 5,800 companies were evaluated, and 270 companies, including 53 Japanese companies, were selected for the A List.2
Climate change is not only an urgent global issue, but also an issue that could cause a major impact on Ajinomoto Group businesses, including the inability to procure raw materials. At the corporate management level, the Ajinomoto Group sees climate change as both a risk and an opportunity, and has set a target of reducing greenhouse gas emissions 50% from their fiscal 2018 level by fiscal 2030 for coexistence with the Earth and the environment. As part of this effort, Ajinomoto Co. has endorsed the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”) and is conducting climate change scenario analysis; in addition, as a member of the international environmental initiative RE100, the Ajinomoto Group is proactively using renewable energy such as biomass and solar power, and will continue to steadily take actions to decarbonize its business operations, including the introduction of internal carbon pricing.
The following section of the corporate website introduces the Ajinomoto Group’s approach and initiatives for climate change adaptation and mitigation:
Climate Change A List companies:
Press release dated May 27, 2019:
“Ajinomoto Co., Inc. Endorses the Recommendations of the Task Force on Climate-related Financial Disclosures and Joins the TCFD Consortium”
Press release dated August 4, 2020:
“The Ajinomoto Group Joins RE100, an International Environmental Initiative”