Tokyo, Japan (March 15, 2023) -- Suntory Holdings has been recognized on global environmental non-profit CDP's Supplier Engagement Leaderboard, ranking among the top 8% of all companies assessed for supplier engagement on climate change. This marks the third consecutive recognition of the Suntory Group, including the soft drinks subsidiary Suntory Beverage & Food (SBF) receiving the first honor. Last year, Suntory Group also secured a place in the CDP Climate Change A-list for four consecutive years and the Water Security A-list for seven consecutive years.
CDP's Supplier Engagement Leaderboard recognizes the companies which have received the highest ratings in CDP's Supplier Engagement Rating (SER). CDP's annual SER is designed to evaluate and spur action on corporate supply chain engagement on climate issues, based on the CDP climate change questionnaire. It covers governance, targets, value chain (scope 3) emissions and value chain engagement strategies, and factors in the company's climate score.
To achieve net zero greenhouse gas (GHG) emissions across the entire value chain by 2050, Suntory Group has set a goal to halve GHG emissions in its direct operations and reduce by 30% across the entire value chain by 2030*. The company was recognized by the CDP for its close collaboration with value chain stakeholders in tackling climate change, by gathering information on the status of their GHG emissions level and reducing their emissions.
* Compared to 2019 baseline
With a mission to create harmony with people and nature, Suntory Group will accelerate its efforts to decarbonize its business globally and contribute to a creating a sustainable society.
More about Suntory Group's initiatives on environment can be found here.
About Suntory Holdings
As a global leader in the beverage industry, Suntory Holdings offers a uniquely diverse portfolio of products from premium spirits, beer and wine to brewed teas, bottled water, carbonated soft drinks, ready-to-drink coffee and energy drinks, along with health and wellness products. Suntory is home to award-winning Japanese whiskies Yamazaki, Hibiki and Hakushu as well as iconic American spirits Jim Beam and Maker's Mark. Suntory also fascinates the taste buds in Japan and the Asian market with our Premium Malt's beer and also owns the exceptional Japanese wine Tomi and the world famous Château Lagrange. Its brand collection also includes Sauza Tequila, non-alcoholic favorites Orangina, Lucozade, Ribena, BOSS coffee, Iyemon green tea, Suntory Tennensui water, TEA+ Oolong Tea, V and BRAND'S, as well as popular health and wellness product Sesamin EX.
Founded as a family-owned business in 1899 in Osaka, Japan, Suntory Group has grown into a global company operating throughout the Americas, Europe, Africa, Asia and Oceania with an annual revenue (excluding excise taxes) of $20.4 billion in 2020. Suntory is driven by Yatte Minahare - the spirit of bold ambition - and our 40,044 employees worldwide draw upon our unique blend of Japanese artisanship and global tastes to explore new product categories and markets.
As a company that delivers blessings of water and nature to our customers, Suntory is committed to its mission to create harmony with people and nature. Always aspiring to grow for good, Suntory is devoted to giving back to society through protecting water resources, nurturing its communities and fostering the arts.