Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.
GHG emissions
Kikkoman Corporation needs to report progress against its scope 3 targets. Additionally, its targets need to align with a 1.5°C trajectory.
Impact and dependencies assessment
While Kikkoman Corporation has implemented a project using the LEAP approach to understand its business and value chain’s impact and dependence on biodiversity, it has an opportunity to fully assess and disclose its impacts on nature within its own operations and upstream business relationships. This includes not just identifying the impacts but also disclosing the methodology used and the full results. Similarly, the company has an opportunity to assess and disclose its dependencies on nature within its operations and upstream business relationships, complete with methodology and results.
Invasive species
Kikkoman Corporation has not identified any activities that could lead to the introduction of invasive alien species in its own operations.
Key areas and species
While Kikkoman Corporation has supported Kingfisher Wetlands and highlighted its contribution to biodiversity in Singapore, it could further its transparency by sharing locations of its operations and suppliers adjacent to critical biodiversity zones. There’s also an opportunity for the company to detail species in proximity to its sites and those of its business relationships, ensuring alignment with recognized conservation statuses from national and international authorities.
Resource exploitation and circularity performance
Kikkoman Corporation has an opportunity to disclose its inputs according to an international standard, and to report quantitatively on its group-wide circularity performance. The company also has an opportunity to disclose activities to improve soil health or agrobiodiversity in its production or sourcing practices, to disclose a target to improve soil health in its production or sourcing practices and to report progress against it.
Solid and air pollution
Kikkoman Corporation should commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties, as well as work on reducing the production of hazardous substances and waste. It has an opportunity to disclose time-bound targets to reduce air pollutants across the most material parts of its value chain. The company could also provide quantitative evidence regarding plastic use reduction and use of sustainable packaging, including the amount of plastic waste generated and proportions directed from or to disposal.
Water
Kikkoman Corporation has an opportunity to disclose quantitative evidence of reductions in water withdrawal across its own operations, as well as disclose a time-bound target, engage with suppliers, and disclose water use in water-stressed areas. The company has an opportunity to disclose additional information on water pollution, including processes for managing water quality, water pollution metrics, and targets to reduce water pollution. Finally, Kikkoman Corporation does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.
