February 12, 2021
Lion Receives Highest Rating under the CDP Supplier Engagement Rating Program and Is Listed on Leaderboard for a Second Consecutive Year
Lion Corporation (President: Masazumi Kikukawa) hereby announces that it has been chosen by Carbon Disclosure Project (CDP), an international NPO that offers a system for environment-related information disclosure, to be included in the highest category of the CDP Supplier Engagement Rating program and listed on the Supplier Engagement Leaderboard for a second consecutive year.
Having positioned “promoting environmental initiatives for a sustainable planet” as a top priority material issue, in June 2019 the Company formulated “LION Eco Challenge 2050,” a set of long-term environmental management targets, with the aim of pursuing the realization of a sustainable society along with the expansion of its business.
As part of international efforts aimed at promoting an overall reduction in greenhouse gas emissions attributable to supply chains, the CDP Supplier Engagement Rating (SER) is designed to provide an indicator for evaluating businesses in terms of their initiatives aimed at encouraging their supply chain constituents to address climate change issues. To this end, the program bestows ratings based primarily on businesses’ responses to CDP climate change questionnaire items covering four fields (governance, targets, value chain (scope 3) emissions and supplier engagement strategies). The 2020 round of the SER program involved the rating of more than 5,600 companies around the world. Of these, approximately 400 companies, which represent the top 7% and include Lion and another 82 domestic companies, were chosen for listing on the Leaderboard.
Looking ahead, Lion will accelerate its initiatives to address global environmental problems and realize a decarbonized, resource-circulating society via collaboration with all of its stakeholders.
About the CDP
Founded in 2000, the CDP is an NPO based in the United Kingdom that advocates for the disclosure of environment-related information, encouraging businesses and municipalities to publicize data regarding their climate change countermeasures and initiatives involving water resource conservation and forest preservation as well as other relevant activities. In line with the requests of institutional investors highly concerned about environmental problems as well as major corporations acting as primary purchasers, the CDP is campaigning for the widespread implementation of measures aimed at addressing environmental issues.