Release
2024/03/07
OSAKA, Japan, March 7, 2024 - Shionogi & Co., Ltd. (Head Office: Osaka, Japan; Chief Executive Officer: Isao Teshirogi, Ph.D.) is pleased to announce that it has been recognized as one of the highest-ranking companies on the Supplier Engagement Rating (SER) (Climate Change) by CDP1, a global non-profit organization working on environmental information disclosure. We have been selected as a Supplier Engagement Leader for the fourth consecutive year. It received high marks on the heels of being ranked as A for Climate Change and for Water security in February 20242.
SER evaluates companies in four categories related to Climate Change: 1) governance, 2) targets, 3) Scope 3 emissions, and 4) supplier engagement. In 2023, over 450 companies in the world, including approximately 110 Japanese companies, have been recognized on the Supplier Engagement Leader as companies proactively working with their suppliers to ensure climate change action cascades down their supply chains.
The SHIONOGI Group has identified Protect the Environment as a material issue, based on the SHIONOGI Group Heritage (The Company Policy of SHIONOGI), and SHIONOGI Group Code of Conduct. We have set ambitious medium- and long-term environmental targets, guided by the SHIONOGI Group EHS3 Policy and the SHIONOGI Group EHS Code of Conduct. Moreover, we engage with our business partners and require them to adhere to SHIONOGI Group Business Partner Code of Conduct. We believe these continual efforts were recognized by CDP.
The SHIONOGI Group remains dedicated to advancing and expanding sustainability initiatives in line with the United Nations' Sustainable Development Goals (SDGs). We will continue to ensure that our corporate growth aligns with our contribution to creating a sustainable society through our business practices. We are aiming to evolve into a company that brings value to all our stakeholders, as we persistently strive for growth and progress.
References
1. CDP
CDP is a global non-profit that evaluates and scores companies and governments in the fields of Climate Change, Water Security, and Forests based on requests from global investors, companies, and others. Founded in 2000 and working with more than 740 financial institutions with over $136 trillion in assets, CDP pioneered the use of capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources, and protect forests. Over 24,000 organizations around the world disclosed data through CDP in 2023, including more than 23,000 companies worth two-thirds of global market capitalization, and over 1,100 cities, states, and regions. Fully aligned with the Task Force on Climate-related Financial Disclosures (TCFD), CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero-carbon, sustainable, resilient economy. CDP is a founding member of the Science Based Targets initiative (SBTi), the We Mean Business Coalition, The Investor Agenda, and the Net Zero Asset Managers Initiative (NZAMI).
For further details on CDP, please visit the following link:
2. Press release on February 7, 2024
Recognized with the Double A list for Leadership in Corporate Transparency and Performance on Climate Change and Water Security by CDP for the second consecutive year
3. EHS：Environment, Health and Safety
Our Environment Report and Website carry further information on EHS-related business risks and identified material issues and details of our EHS activities:
・Environment Report 2023:
https://www.shionogi.com/content/dam/shionogi/global/investors/ir-library/annual-report-integrated-report/pdf/environment_2023_e.pdf
・Website
Environment：
https://www.shionogi.com/global/en/sustainability/environment.html
Occupational Health and Safety：
https://www.shionogi.com/global/en/sustainability/society/office.html
For Further Information, Contact:
SHIONOGI Website Inquiry Form: https://www.shionogi.com/global/en/contact.html