To encourage Japanese listed companies to improve their corporate value through sustainable practices and related information disclosure, Japan Exchange Group, Inc. (JPX) provides companies with information that they can use to inform their sustainability efforts.
As part of this, JPX has supported research by S&P Global Sustainable1 into supply chain sustainability practices in Japanese companies. The report (original English and Japanese reference translation) can be found below.
To take stock of sustainable supply chain management in Japan and across different regions, S&P Global Sustainable1 analysed data collected in the S&P Global Corporate Sustainability Assessment (CSA) on over 3,000 companies included in the Dow Jones Best-in-Class World Invited Universe, which are publicly traded companies globally that are assessed in the CSA and invited to participate.
A summary of the report is as below:
- Many Japanese companies are taking steps to assess, disclose and address their supply chain risks;
- Adoption of supply chain management practices is generally more widespread in Japan than in the surrounding Asia-Pacific region;
- Companies in Japan are behind their peers globally in the practice of screening suppliers for potential sustainability-related risks;
- Japanese companies are global leaders in setting net-zero targets, but fewer Japanese companies include Scope 3 emissions occurring throughout their value chains than companies in other regions;
- Consideration of biodiversity and nature at the supplier level appears more advanced among Japanese companies.
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