Sustainability2030（Mid-Long Term Sustainability Plan）

We launched “Sustainability2030”, a mid-long term sustainability plan to achieve our Materiality from April, 2021.

The Sustainability 2030 will end in 2030, segregating 3 year each, 3phases.

To make steady and sustainable growth in a long term, we will make every possible effort following this plan.

Please click here if you would like to see the results for the previous CSR mid-ling term plan, EHS100 Plan.

No	Subject	Strategy		Target	Objectives of each phase
No	Major items: Materiality	Sub-items	Minor items	Activities	Phase1(2021～2023)
1	Climate Change	Business strategy following TCFD recommendations	Adaptation to climate change	Regularly scenario analysis	Review scenario analysis for each phase
1	Climate Change	Business strategy following TCFD recommendations	Mitigation to climate change:Reducing GHG emission ⇒「2.Reduction of Environmental impact」	Having a target following SBTi by various plans to reduce GHG emissions	ー
2	Reduction of Environmental Impact	Sustainable resource use	Implementation of renewable energy	Promoting adoption of renewable energy	Switching 30% of total electricity usage to renewable energy-derived electricity by 2030
			Implementation of renewable energy	Promoting adoption of renewable energy	Market analysis, setting objectives and developing plans
			Reduction of energy usage and GHG emissions	Absolute GHG emission reduction targets according to SBTi Criteria Energy Intensity Reduction Target per ton Production Efficient process of production Reduction of GHG leakage(EX: refrigerant) Introducing Carbon Pricing System	Achieving SBTi targets : 27.5% GHG emissions reduction by 2030 vs. 2019
			Reduction of energy usage and GHG emissions		Identification of the issues and developing plans to achieve SBTi Introducing internal carbon pricing system Completed on site GHG accounting and verification in all Japan production sites Considering data collection method for fuel usage by use and produced energy (steam and electricity etc.)
			Reducing water usage	Research and Development about the Technology of Reducing Water Use Water Usage Reduction Target Optimization of Water Use, Considering How to Reuse and Recycle water Compliance with Local Regulation Water Risk Assessment on a regular basis Engagement with local communities for cultivation of water resource	10% reduction of absolute water withdrawal by 2030 vs. 2020
			Reducing water usage		Capture the challenges and developing plans to reduce water use
			Reducing amount of waste	Prevention of disposal products	Capture the challenges and developing plans to reduce waste-disposal
		Prevention of pollution	Chemical management	Implementation and promotion of voluntary management standards Storage condition and inventory management Reduction of chemical usage	Management based on legal requirements Setting objectives and taking actions for reducing Toluene use
			Prevention of air pollution	Understanding the quantity & density of air pollutants in accordance with local law regulation.Reduction of VOC emissions	Management based on legal requirements Consideration of VOC that should be manage
			Wastewater management/Leakage prevention	Monitoring the quality and quantity of effluent Monitoring legal compliance Conducting the measures to prevent the leakage of pollutants	Management based on legal requirements Setting policy to prevent off site pollution from rainwater sewer. Taking actions based on policy
			Prevention of soil and groundwater pollution	Conducting the measures to prevent the leakage of pollutants Monitoring the quality of groundwater on-site	Management based on legal requirements Capture challenges from soil and groundwater pollution investigation
			Waste management	Reduction of waste generation Increase of recycling rate Decrease of final disposal rate	5% reduction of waste generation by 2030 vs. 2020Final disposal rate <0.5% of total waste generation by 2030*Applicable for waste generated from routine process.
			Waste management		Management based on legal requirements Setting plans to increase percentage of recycling waste and reduce percentage of final waste disposal
			Odor management	(if applicable) Law compliance Odor management such as patrol, implementation of appropriate deodorizing equipment, and etc.	(if applicable) gap analysis of legal requirements and setting plan to corrective action Continuous of smell management
		Protection of the environment, biodiversity and restoration of natural habitats		Refer to "Prevention of Water Pollution", "Responsible Sourcing", "Local community"	ー
3	Occupational Health and Safety	The implementation of Occupational Safety	Compliance	Development of EHS compliance management Implementation of EHS compliance check	Establishing management system of EHS related laws Considering to establish global EHS information and knowledge management system - include compliance
			Risk assessment	Perform RA based on OHS Risk Assessment Rule Prioritize risks and implement countermeasures	Establishing implementation structure of risk assessment
			Incident prevention,root cause investigation and countermeasures	Identifying potential emergency situation (risks) associated with environmental aspect and OHS risks.Establish emergency response procedures for identified risks and perform periodic testing and exercises. Validate past incidents Establishment of effective incident root cause investigation method	Identify potential incident risk based on risk assessment. Performing precautionary action Inspecting past incidents and developing plan for preventive action. Reviewing current measures to solve the cause of incident
			Emergency response	Identifying potential emergency situation (risks) associated with environmental aspect and OHS risks. Establishment of emergency response procedures for identified risks and perform the periodic testing and exercise to review effectiveness of procedures.	Building up emergency procedure based on risk assessment. Performing emergency drill.
			Chemical Handling	Compliance with legal requirements. Exercise appropriate chemical handling based of corporate rules.	Investing of chemical substances management Researching alternative measures of acid/alkali cleaning - preventing chemical burn by splash. Usage survey of mutagenicity chemical substances that not regulated by law.
			Machine Safety	Identifying any risks which is exposed to crushing, caught-between, cutting risk of body parts.Implement engineering controls for equipment which is exposed to crushing, caught-between, cutting risk of body parts (i.e. rotation part). Establish LOTO rules	Specifying the hazard to be caught in a machine and planning engineering measures through risk assessment Developing and implementing the rule about lockout/tagout
			Fire Safety	Establishment of static electricity management standard	Developing and implementing the rules of static electricity management Investigating management of oily or chemical contained waste
			EHS Training	Establishment of EHS training program	Implementing EHS education program
		The implementation of Occupational Health	Work environment management	Implement measurement of working environment periodically to assess exposure of workers to hazardous substance based on legal, corporate or voluntarily requirement. Improve work environment given the result of measurement of working environment if needed	Implementing measurement of working environment periodically to assess exposure of workers to hazardous substance based on legal requirement. Improving work environment given the result of measurement of working environment if needed.
			Work management	Define and provide appropriate control based on legal requirement and the result of risk assessment	Performing gap analysis with legal requirements. Develop corrective action plan. Investigation about ergonomics. Developing improvement plan.
			Occupational heat exposure	Identify potential occupational heat exposure area Monitor identified area and at or humid conditions and implement heat illness prevention	Specifying hot work environment. Developing improvement plan.
			Improve work-life balance	Promoting mental health and wellness measures to support a balance between work and home	Implementation of education and training to promote self-care and care by managers Establishment of a system for mental health support services (enhancement of counseling, etc.) Recognize the mental illness and decrease stigma
4	Local Communities	Participation in local communities		Developing "Annual plan about CSR activities" on each site	Promoting through Global HR meeting Considering an incentive system
		Educational/Cultural activities	Educational activities	Developing "Annual plan about CSR activities" on each site
			Development and inheritance of scent culture	Operation of the Takasago Collection	ー
			Development and inheritance of scent culture	Cooperation with exhibitions and museums related to fragrance & flavor	ー
5	Green Chemistry	Promotion of eco-friendly R&D guided by the twelve principles of green chemistry	Development of eco-friendly technologies and products	Development of catalysts and reactions that reduce environmental impacts	Promoting switch from stoichiometric reactions to catalytic reactions Researching the development of catalysts and reactions which lead to improvements in productivity
				Process development with lower environmental impact	Developing processes which promote energy savings and waste reduction Expanding the scope of continuous flow processing
				Development of fragrance & flavor materials utilizing renewable raw materials and resources from waste	Development of eco-friendly fragrance & flavor materials derived from renewable resources Development of high value products utilizing resources from waste
			R&D activities driven by the Bioeconomy	Increased focus on biotechnology	Expanding use of biotechnology in the development of fragrance & flavor materials Strengthening our manufacturing capabilities for products derived from biotechnology
6	Responsible Sourcing	Implementation of responsible sourcing (Procurement division)	Implementation of "Responsible Sourcing Policy"	Confirmation of acknowledgement on Takasago Supplier Code of Conduct & Responsible sourcing policy with suppliers	Obtaining acknowledgement from 100% of "high priority raw material" suppliers by the end of 2021, 100% of all suppliers by the end of 2022
				Confirmation of suppliers' compliance with Takasago Supplier Code of Conduct & Takasago Responsible Sourcing Policy requirements.	Compliance of 70% of "high priority raw material" suppliers by the end of 2023.
				Audit of "high risk" suppliers against Takasago Responsible sourcing policy requirements	Design audit strategy and plans, and commence auditing of "high risk" suppliers of "high priority raw materials" by the end of 2022.
				Improvement of supplier relationship by utilizing Sedex	By the end of 2023, increase the number of Sedex members linked with Takasago by 1.5 times (baseline 2020) to a total of 270 companies.
			Sourcing information management on raw materials	Promoting database management Conducting risk assessment for environment	Identifying the range of various data such as LCA, and enable aggregation, visualization, and analysis(High risk, from Top20, customer support)Identify the required data for various criteria (e.g. LCA) to conduct data analysis (especially for raw materials related to high risk, top 20 by value, and customer support)
			Responsible sourcing for environment	Improvement of global logistics continuously Continuous improvement of global logistics Focus on environmentally friendly packaging	Review and try to establish the purchasing methods Switching to environmentally friendly packaging materials (wrapping, bands, plastic bags, etc.)
			(TACMI: Takasago global procurement Arts & Crafts Mutual Interaction) Enhancement of ECM	Source renewable ingredients: Enhance coordination with R&D	Standardization of raw materials and procurement-related information Strengthening coordination with R&D
			Acceleration of TaSuKI (Takasago global procurement Sustainability Key Initiatives)	Takasago to become backward integrated self sufficient in highest priority raw materials	By the end of 2023, Takasago is backward integrated for the sourcing of 50% of "high priority 1 raw materials". (count of raw materials).
		Implementation of responsible sourcing(All divisions)		Confirmation of compliance with Corporate Procurement Policy	Revision of Supplier Code of Conduct Apply Supplier Code of Conduct to all divisions, not only Procurement division (Japan as well as overseas)
7	Human Rights	Compliance with Human Rights Policy in corporate activities	Development of a scheme to review and improve our business flows by utilizing the 3rd party's knowledge	Participation and co-operation with initiatives	Receiving SMETA audits and improvements through the results Registration on the Sedex system by all production sites
				Employee training	Development of online training program globally
			Conducting Human Rights Due Diligence	Conducting Human Rights Due Diligence on an annual basis	Conducting Human Rights Due Diligence continuously
			Conducting Human Rights Due Diligence	Conducting Human Rights Due Diligence on an annual basis	Conducting incentive assessments on high risk sites
8	Transparency	Disclosures of non-financial information	Enhancing the contents of information	Promotion of participation in initiatives	Participation in initiatives if needed
			Enhancing the contents of information	Promotion of expanding the scope in accordance with GRI standards in the Sustainability Report	Expansion of the scope in accordance with GRI standards
			Enhancing the information medium	Regularly disclosing CSR activities on our webpage	Disclosure our activities in a timely manner
				Publication of Social Environmental Report(JP) on an annual basis	ー
				Publication of Sustainability Report on an annual basis	ー
				Reporting CSR activities on SNS	Disclosure our activities in a timely manner
		Disclosures of information such as environmental impacts by products	Conducting life cycle assessment for aroma ingredients products	Implementation of Life Cycle Assessment for several AI products (has a relation with 2.Reduction of Environmental Impact)	Development of Life Cycle Assessment
			Conducting Sustainability ID score for fragrance products		Development of scoring criteria Conducting scoring for RMs used globally Conducting scoring for products

Category and Activities are revised as necessary. This page shows the latest information.