Key Sustainability Issues (Materiality)｜Sustainability

Initiatives to Key Sustainability Issues

Mitsubishi Shokuhin Group revised the “Key Sustainability Issues and 2030 targets” based on the Medium-term Management Plan 2023 to conduct sustainability management that focuses on solving social issues and social responsibility.

Key Sustainability Issues		2030 targets
Key Sustainability Issues Environment	Partnerships & Innovation	Partnerships & Innovation 2030 targets Reduce CO2 emissions* by 60% compared to FY2016 to achieve carbon neutrality by 2050. Reduce food waste by 50% compared to FY2016. Promote plastic recycling and use environmentally friendly products.
Priority Issues Community and Living	Partnerships & Innovation 2030 targets Build a strong and sustainable supply chain. Create/expand products and services that contribute to the local community and help solve local issues.
Priority Issues Health	Partnerships & Innovation 2030 targets Create/expand products and services that solve health issues and contribute to good health.
Priority Issues Foundation for value creation	Partnerships & Innovation 2030 targets Foster an organization culture that respects individuality and encourages employees to make the most of their abilities and aptitudes to play an active role in a healthy manner, while improving engagement.

Key Sustainability Issues

2030 targets

Key Sustainability Issues

Environment

Partnerships & Innovation

2030 targets

Reduce CO2 emissions* by 60% compared to FY2016 to achieve carbon neutrality by 2050.
Reduce food waste by 50% compared to FY2016.
Promote plastic recycling and use environmentally friendly products.

Priority Issues

Community and Living

Partnerships & Innovation

2030 targets

Build a strong and sustainable supply chain.
Create/expand products and services that contribute to the local community and help solve local issues.

Priority Issues

Health

Partnerships & Innovation

2030 targets

Create/expand products and services that solve health issues and contribute to good health.

Priority Issues

Foundation for value creation

Partnerships & Innovation

2030 targets

Foster an organization culture that respects individuality and encourages employees to make the most of their abilities and aptitudes to play an active role in a healthy manner, while improving engagement.

Emissions from Scope 1 (direct greenhouse gas emissions by the business itself) and Scope 2 (indirect emissions from the use of electricity, heat, and steam supplied by other companies)

Identifying Key Sustainability Issues

Among the many social issues out there, we have determined which issues should be addressed in a strategic sense by using the following process.

Step 1 Review of activity themes

Medium-term Management Plan 2023, edited to reflect current conditions

Select 49 activity themes from international guidelines, etc.
Consolidate selection into 22 activity themes from the perspectives of the “Medium-term Management Plan 2023” and “ESG + Human Resources”

Extraction of activity themes (49 themes)

International guidelines, etc.

GRI
SDGｓ
SASB

Internal documents

Sustainability Policy
Environmental conservation activities
Social contribution activities
Risk map
Other internal documents

Benchmark studies

Retailers
Manufacturers
Logistics industry
Other companies in the same industry

Summarized
the themes
within the
company

Number of activity themes

22

Step 2 Prioritization

For each activity theme, analyze “society's demands and expectations of our company” and the “degree of impact on our company” on a 3-point scale

Create a materiality matrix by assessing “society's demands and expectations of our company” and the “degree of impact on our company”
Focus on 20 activity themes that are deemed “high” or above on both the vertical and horizontal axes

Step 3 Validation and announcement

Activity themes of high priority are expressed as Key Sustainability Issues. They are confirmed by relevant departments and management (Executive Committee,Board of Directors)