Coca-Cola Bottlers Japan Holdings Inc. today announced that it has secured a position on CDP’s 2022 Supplier Engagement Leaderboard. This recognition represents the highest level of achievement attainable from the Supplier Engagement Rating (SER) survey, which is conducted by the international non-profit organization, CDP.
SER assesses a company’s supply chain engagement towards climate-change issues based on their response to CDP's Climate Change Questionnaire, which is divided into four areas: governance, targets, Scope 3 emissions, and value chain engagement. CDP has selected a group of companies that rank among the highest in the world for supplier engagement in 2022. These companies, totaling 653 globally (including 131 from Japan), represent the top 8% of all respondents to CDP's Climate Change Questionnaire (full version). This group is recognized as Supplier Engagement Leaders, a title awarded to the highest-rated companies. CCBJH was selected as an A List company in CDP’s December 2022 Sustainability Survey. This rating represents the highest recognition attainable in the CDP annual corporate survey on sustainability (Note 1).
CCBJH has set the goal of achieving carbon neutrality by 2050. To this end, the company has established a mid-term target to reduce greenhouse gas (GHG) emissions across its entire value chain in Japan. The target aims for a reduction of 50% in Scope 1 and 2, and 30% in Scope 3 by 2030, compared to the 2015 baseline.* To achieve our targets, we see cost reductions through energy efficiency as one such opportunity, and we intend to be proactive, for example, by promoting the introduction and use of renewable energy sources.
* Calculated based on GHG Protocol. Reduction targets are based on absolute amounts.
(Note 1) News release: Coca-Cola Bottlers Japan Holdings Makes CDP’s A List for Climate Change and A-List for Water Security
List of companies selected as Supplier Engagement Leaderboard for 2022 (CDP website)
Sustainability initiatives of Coca-Cola Bottlers Japan Holdings
CDP is a non-governmental organization (NGO) managed by a British charitable organization that operates a global information disclosure system to help investors, companies, countries, regions, and cities manage their own environmental impacts. Founded in 2000 and now working with more than 680 investors with assets of over $130 trillion USD, CDP has pioneered the use of capital markets and corporate procurement to motivate companies to disclose their environmental impacts, reduce their greenhouse gas emissions, and conserve water resources and forests. In 2022, nearly 20,000 organizations worldwide, including over 18,700 companies, equivalent to half of the world's market capitalization, and over 1,100 cities, states, and regions, will be disclosing data through CDP.
CDP is fully TCFD-compliant and maintains the world's largest environmental database. CDP scores are widely used to facilitate decision-making on investment and procurement for a zero-carbon, sustainable, and resilient economy.
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