Nissin Foods

Nissin Foods, a Japanese food products company, reported its 2024 Scope 1 emissions as 287,000,000 kg CO2e, Scope 2 emissions (market-based) as 94,000,000 kg CO2e, and Scope 3 emissions as 3,889,000,000 kg CO2e. In 2023, the company disclosed approximately 388,000,000 kg CO2e for Scope 1 and 2 combined, and approximately 3,353,000,000 kg CO2e for Scope 3.

Nissin Foods Holdings Co., Ltd. has established several Science Based Targets initiative (SBTi) commitments:

• Near-Term Targets: The company commits to reduce absolute Scope 1 and 2 GHG emissions by 42.4% by 2030 from a 2020 base year. Additionally, it aims to reduce absolute Scope 3 GHG emissions by 25% within the same timeframe, covering categories such as purchased goods and services, transportation and distribution, business travel, employee commuting, and end-of-life treatment of sold products. An earlier commitment (2020) aimed for a 30% reduction in absolute Scope 1 and 2 GHG emissions and a 15% reduction in absolute Scope 3 GHG emissions by 2030 from a 2018 base year.
• Long-Term Net-Zero Target: Nissin Foods Holdings Co., Ltd. is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. This includes a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2050 from a 2020 base year.
• FLAG Targets: The company also commits to reduce absolute Scope 3 FLAG GHG emissions by 30.3% by 2030 from a 2020 base year, and by 72% by 2050 from a 2020 base year.
• Deforestation Commitment: Nissin Foods Holdings Co., Ltd. is committed to no-deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025.