DyDo : Notice Concerning Declaration of Support for Recommendations from the Task Force on Climate-related Financial Disclosures (TCFD)
January 14, 2022 at 12:52 pm IST
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Offering delicious products for sound mind and body
January 14, 2022
Company:
DyDo Group Holdings, Inc.
Representative:
Tomiya Takamatsu, President
(Code 2590 on the First Section of the Tokyo Stock Exchange)
Inquiries:
Naokazu Hasegawa, Corporate Officer
and General Manager of Corporate Communication Department
Notice Concerning Declaration of Support for Recommendations from the Task Force
on Climate-related Financial Disclosures (TCFD)
This notice describes a declaration of support by DyDo Group Holdings for recommendations from the Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD)*1.
In keeping with its group philosophy-"Creating happiness and prosperity, together with people and with society. To achieve this goal, the DyDo Group will continue to embrace new challenges in a dynamic way"-the DyDo Group has identified material issues that need to be addressed in order to realize the Group Mission 2030, which sets forth a vision for 2030. "Contributing to a decarbonized, recycling- oriented society" was identified as an environment-related material issue, and we established the group targets listed below so that we can contribute to the realization of such a society.
Under the Mid-term Business Plan 2026, we will further strengthen initiatives to realize sustained corporate growth and a sustainable society.
CO2 emissions reduction targets established by the DyDo Group
We will aim to make emissions (Scope 1 and 2) by the Domestic Beverage Business*2 carbon neutral by 2030
We will aim to cut CO2 emissions (Scope 1 and 2) for major Japanese group subsidiaries*3 by half*4 compared to 2020 levels by 2030
We will aim to make our vending machine business carbon neutral by 2050 (for both direct emissions and through generating the electricity the machines use*5)
Going forward, we will analyze and address the business risks and opportunities posed by climate change while enhancing the disclosure of associated information.
The DyDo Group is working to help create a sustainable society in which people worldwide can live in joy and health in the spirit of harmonious coexistence and mutual prosperity as it strives to realize sustained growth and increase its corporate value over the medium and long term by creating social, environmental, and economic value.
*1: The Task Force was established at the request of the G20 to study climate-related information disclosure and the response of financial institutions. TCFD recommendations encourage businesses, groups, and other organizations to disclose information about climate change-related risks and opportunities.
*2: DyDo DRINCO, DyDo Beverage Service, and DyDo Business Service
*5: CO2 emissions produced by vending machines operated by DyDo Beverage Service (Scope 3)
Reference: Chart of material issues identified by the DyDo Group
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DyDo Group Holdings Inc. published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 07:21:09 UTC.
DyDo Group Holdings, Inc., formerly DyDo DRINCO, INC. is a Japan-based company mainly engaged in the manufacture and sale of beverages. The Company operates through three business segments. The Beverage Sales segment is involved in the planning, development and sale of various soft drinks to consumers through convenience stores and vending machines. Through a consolidated subsidiary, this segment is also engaged in the manufacture and sale of drinkable preparations such as quasi drugs. The Contract Drink Manufacturing segment is engaged in the contract manufacture of drinkable preparations, including drugs and medicines, quasi drugs, as well as soft drinks. The Foods Manufacture and Sale segment is involved in the manufacture and sale of fruit jellies.
DYDO GROUP HOLDINGS, INC. 
