Itochu Corporation

1. Sustainable palm oil policy or commitment for all its operations?

This indicator is disabled as the company is only a processor or trader.

2. Sustainable palm oil policy or commitment applies to all suppliers?

The company has published a sustainable palm oil policy which applies to all suppliers.

3. High-level position of responsibility for sustainability?

The company's Sustainability Management Department is led by the Sustainability Manager.

4. One or more members within the board of the company have responsibility for sustainability?

The company reports that its sustainability committee is led by the Chief Administrative Officer.

5. Reports gender balance of senior management team?

5 (12.2%) - The company reports that it has five (12.2%) women in the senior management team as of 31 March 2024.

6. Reports gender balance of board members?

2 (18.18%) - The company reports two (18.18%) female directors in a team of 11 board members. Data as of 2024.

7. Member of multiple industry schemes or other external initiatives to reduce negative environmental or social outcomes associated with palm oil production?

[Externally verified] The company is a member of UNGC.

8. Collaboration with stakeholders to reduce negative environmental or social outcomes associated with palm oil production?

The company reports that it collaborated with the certified NPO Everlasting Nature (ELNA) to protect green turtles and other endangered species. It also partners with WWF and the Sabah State Forest Department to regenerate approximately 2,400 ha of forest, with direct support for the regeneration of 967 ha.

9. Sustainability report published within last two years?

The company has published its latest ESG Report for 2024.

10. Reports through standardised reporting systems?

The company has reported Forests, Water, and Climate CDP questionnaires in 2024. The company's ESG Report 2024 has been prepared in accordance with GRI Standards; however, it does not specify whether it follows GRI 1: Foundation 2021 or GRI 101: Foundation 2016.

11. Climate risks assessment available?

The company reports conducting a climate risk assessment, which includes potential risks, metrics and targets, and processes used to assess or manage climate risks.

12. Lists countries and operations?

This indicator is disabled as the company is only a trader.

13. Lists countries sourcing from?

Indonesia and Malaysia.

14. Total land area managed/controlled for oil palm (ha)?

This indicator is disabled as the company is only a processor or trader.

15. Total oil palm planted area (ha)?

This indicator is disabled as the company is only a processor or trader.

16. Scheme smallholders planted area (ha)?

This indicator is disabled as the company is only a processor or trader.

17. Unplanted area (areas designated for future planting) (ha)?

This indicator is disabled as the company is only a processor or trader.

18. Conservation set-aside area, including HCV area (ha)?

This indicator is disabled as the company is only a processor or trader.

19. Maps of estates/management units?

This indicator is disabled as the company is only a processor or trader.

20. Maps of all scheme smallholders?

This indicator is disabled as the company is only a processor or trader.

21. Maps of all third-party supplying plantations?

22. Number of company-owned mills?

This indicator is disabled as the company does not own mills.

23. Names and locations of company-owned mills?

This indicator is disabled as the company does not own mills.

24. Number (or percentage) of company-owned mills that source from company-owned operations and third parties?

This indicator is disabled as the company does not own mills.

25. Reports total volumes (or percentages) sourced by company-owned mills that come from company-owned operations and third-parties?

This indicator is disabled as the company does not own mills.

26. Number of third party supplying mills?

This indicator is disabled as the company does not source from third-party supplying mills.

27. Names and locations of all third-party supplying mills?

This indicator is disabled as the company does not source from third-party supplying mills.

28. Number (or percentage) of third party supplying mills that source from their own plantations and third party plantations?

This indicator is disabled as the company does not source from third-party supplying mills.

29. Reports total volume (or percentages) sourced from third-party supplying mills that come from the supplying mills' own operations and third parties?

This indicator is disabled as the company does not source from third-party supplying mills.

30. Total volume (or percentage) sourced for refineries that comes from intermediary traders and/or refiners rather than directly from mills?

This indicator is disabled as the company sources only directly from mills.

31. Time-bound commitment to achieve 100% traceability to mill level?

This indicator is disabled as the company does not source from third-party supplying mills.

32. Percentage of supply traceable to mill level?

This indicator is disabled as the company does not source from third-party supplying mills.

33. Time-bound commitment to achieve 100% traceability to plantation level?

34. Percentage of fresh fruit bunches (FFB) supply to own mills traceable to plantation level?

This indicator is disabled as the company does not own mills.

35. Percentage of supply from third-party mills traceable to plantation level?

This indicator is disabled as the company does not source from third-party supplying mills.

36. Publishes traceability data at refinery level?

This indicator is disabled as the company does not own refineries.

37. Publishes traceability data at crusher level?

This indicator is disabled as the company does not own mills.

38. Member of the Roundtable on Sustainable Palm Oil (RSPO)?

2006 - The company has been a member of RSPO since June 2006.

39. RSPO-certified within three years of joining the RSPO or by November 2010, for companies joining prior to finalisation of the RSPO certification systems in November 2007?

2013 - The company became an RSPO member in 2006 and reports that it achieved its first supply chain certification in 2013, after three years of joining RSPO.

40. Submitted most recent RSPO Annual Communication of Progress (ACOP)?

The company has submitted its latest RSPO ACOP 2024.

41. Percentage of area (ha) RSPO-certified?

This indicator is disabled as the company is only a processor or trader.

42. Percentage of mills RSPO-certified?

This indicator is disabled as the company does not own mills.

43. Time-bound plan for achieving 100% RSPO certification of estates and mills within 5 years?

This indicator is disabled as the company is only a processor or trader.

44. Time-bound plan for achieving 100% RSPO certification of all palm product processing facilities within 5 years?

This indicator is disabled as the company is only a grower or miller.

45. Percentage of scheme smallholders (ha) RSPO-certified?

This indicator is disabled as the company is only a processor or trader.

46. Time-bound plan for achieving 100% RSPO certification of scheme/associated smallholders and outgrowers within 5 years or target already achieved?

This indicator is disabled as the company is only a processor or trader.

47. Percentage of FFB supply (tonnes) from independent smallholders/outgrowers/third-party FFB suppliers that is RSPO-certified?

This indicator is disabled as the company is only a processor or trader.

48. Percentage of all palm oil and oil palm products handled/traded/processed (tonnes) that is RSPO-certified?

38.12% - The company reports that 38.12% of all palm oil and oil palm products that are handled/traded/processed are RSPO-certified.

49. Sells RSPO-certified palm oil through Segregated or Identity Preserved supply chains?

This indicator is disabled as the company only reports a Processor and Trader ACOP.

50. Processes/trades RSPO-certified palm oil through Segregated or Identity Preserved supply chains?

The company reports that 12.32% of RSPO-certified palm oil was sourced through segregated or identity preserved supply chains.

51. Indonesia Sustainable Palm Oil (ISPO) certified (100%)?

This indicator is disabled as the company does not operate in Indonesia.

52. Malaysia Sustainable Palm Oil (MSPO) certified?

This indicator is disabled as the company does not operate in Malaysia.

53. Certified under voluntary sustainability certification scheme (e.g. ISCC, SAS, RSB)?

The company reports that it is ISO 14001 certified. Certificates are not available.

54. Commitment to zero conversion of natural ecosystems?

This indicator is disabled as the company is only a processor or trader.

55. Commitment to zero conversion of natural ecosystems applies to all suppliers?

The company states that it recognises the value of benefits provided by natural ecosystems, aims to minimise its impact on biodiversity, and contributes to conservation efforts. However, no explicit commitment to zero conversion of natural ecosystems was found.

56. Commitment to zero deforestation?

This indicator is disabled as the company is only a processor or trader.

57. Commitment to zero deforestation applies to all suppliers?

The company commits all suppliers to zero deforestation. The commitment has been in place since 2019.

58. Criteria and cut-off date for defining deforestation and/or ecosystem conversion?

This indicator is disabled as the company is only a processor or trader.

59. Criteria and cut-off date for defining deforestation and/or ecosystem conversion in supplier operations?

The company states the criteria which include HCV and HCS areas are not to be deforested and specifies a cut-off date as 2019 beyond which deforestation would not be accepted in supplier operations.

60. Cross-commodity zero deforestation commitment?

The company commits to zero deforestation for certain other commodities; however, the commitment does not cover all forest-risk commodities.

61. Cross-commodity zero deforestation commitment applies to all suppliers?

The company commits all suppliers to adhere to a zero-deforestation commitment specifically for the rubber commodity only.

62. Target date to achieve zero deforestation?

This indicator is disabled as the company is only a processor or trader.

63. Target date to achieve zero deforestation in supplier operations?

64. Evidence of monitoring deforestation and/or ecosystem conversion?

This indicator is disabled as the company is only a processor or trader.

65. Evidence of monitoring deforestation and/or ecosystem conversion in supplier operations?

66. Amount of deforestation and/or ecosystem conversion recorded in own operations since cut-off date?

This indicator is disabled as the company is only a processor or trader.

67. Amount of deforestation and/or ecosystem conversion recorded in supplier operations since cut-off date?

68. Commitment to restoration of deforestation/conversion in own operations since cut-off date?

This indicator is disabled as the company is only a processor or trader.

69. Commitment to restoration of deforestation/conversion in supplier operations since cut-off date?

70. Implementing a landscape or jurisdictional level approach?

71. Biodiversity policy?

This indicator is disabled as the company is only a processor or trader.

72. Biodiversity policy applies to all suppliers?

The company only mentions biodiversity with no details on target and scope. However, it does not apply to suppliers.

73. Identified species of conservation concern, referencing international or national system of species classification?

This indicator is disabled as the company is only a processor or trader.

74. Examples of species and/or habitat conservation management?

This indicator is disabled as the company is only a processor or trader.

75. Commitment to no hunting or only sustainable hunting of species?

This indicator is disabled as the company is only a processor or trader.

76. Commitment to no hunting or only sustainable hunting of species applies to all suppliers?

77. Commitment to conduct High Conservation Value (HCV) assessments?

This indicator is disabled as the company is only a processor or trader.

78. Commitment to conduct High Conservation Value (HCV) assessments applies to all suppliers?

The company commits all suppliers to conduct HCV assessments.

79. High Conservation Value (HCV) assessments for planting undertaken prior to January 2015, and associated management and monitoring plans?

This indicator is disabled as the company is only a processor or trader.

80. High Conservation Value (HCV) assessments for all estates planted/planned planting since January 2015?

This indicator is disabled as the company is only a processor or trader.

81. High Conservation Value (HCV) or combined HCV/HCS management and monitoring plans for all estates planted/planned planting since January 2015?

This indicator is disabled as the company is only a processor or trader.

82. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?

This indicator is disabled as the company is only a processor or trader.

83. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS) applies to all suppliers?

84. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2015 by the HCV ALS Quality Panel?

This indicator is disabled as the company is only a processor or trader.

85. Commitment to the High Carbon Stock (HCS) Approach?

This indicator is disabled as the company is only a processor or trader.

86. Commitment to the High Carbon Stock (HCS) Approach applies to all suppliers?

The company commits all suppliers to apply the HCS Approach, as defined by the HCS Approach Toolkit.

87. High Carbon Stock (HCS) assessments available?

This indicator is disabled as the company is only a processor or trader.

88. Peer review of all High Carbon Stock (HCS) assessments undertaken since April 2015 by the HCSA Quality Assurance Process?

This indicator is disabled as the company is only a processor or trader.

89. Commitment to conduct social and environmental impact assessments (SEIAs)?

This indicator is disabled as the company is only a trader.

90. Commitment to conduct social and environmental impact assessments (SEIAs) applies to all suppliers?

The company commits all suppliers to conduct social and environmental impact assessments.

91. Social and environmental impact assessments (SEIAs) available, and associated management and monitoring plans?

This indicator is disabled as the company is only a trader.

92. Commitment to no planting on peat of any depth?

This indicator is disabled as the company is only a processor or trader.

93. Commitment to no planting on peat of any depth applies to all suppliers?

The company commits all suppliers to no planting on peat of any depth.

94. Landbank or planted area on peat (ha)?

This indicator is disabled as the company is only a processor or trader.

95. Implementation of commitment to no planting on peat of any depth?

This indicator is disabled as the company is only a processor or trader.

96. Commitment to best management practices for soils and peat?

This indicator is disabled as the company is only a processor or trader.

97. Commitment to best management practices for soils and peat applies to all suppliers?

The company commits all suppliers to best management practices for soils and peat.

98. Evidence of best management practices for soils and peat?

This indicator is disabled as the company is only a processor or trader.

99. Commitment to zero burning?

This indicator is disabled as the company is only a processor or trader.

100. Commitment to zero burning applies to all suppliers?

The company commits all suppliers to no burning.

101. Evidence of fire monitoring and management?

This indicator is disabled as the company is only a processor or trader.

102. Details/number of hotspots/fires in company estates?

This indicator is disabled as the company is only a processor or trader.

103. Details/number of hotspots/fires within surrounding landscape/smallholders?

This indicator is disabled as the company is only a processor or trader.

104. Time-bound commitment to reduce absolute greenhouse gas (GHG) emissions?

The company has a target to reduce GHG emissions by 40% by 2030 from a 2018 baseline. This target includes scope 1,2, and 3 emissions.

105. Time-bound commitment to reduce greenhouse gas (GHG) emissions intensity?

106. Absolute GHG emissions?

1690 - The company has reported GHG emissions of 1,690 thousand tCO2e for the year 2024; however, this data is not specific to its palm oil operations.

107. GHG emissions intensity?

The company reports its Scope 1 and 2 GHG emissions intensity for 2024 as 0.468 tCO2e per employee, 0.018 tCO2e per m², and 0.375 tCO2e per MWh. However, this data is not specific to its palm oil operations.

108. GHG emissions from land use change in company's own operations (scope 1)?

This indicator is disabled as the company is only a processor or trader.

109. GHG emissions from land use change in supplier operations (scope 3)?

110. Progress towards commitment to reduce absolute GHG emissions?

[Externally verified] The company reports a reduction in Scope 1 and 2 GHG emissions from 1,766 thousand tCO2e in 2023 to 1,690 thousand tCO2e in 2024, with the 2024 data externally verified by KPMG. However, the figures are not specific to the company's palm oil operations.

111. Progress towards commitment to reduce GHG emissions intensity?

The company reports a decrease in its Scope 1 and 2 GHG emissions intensity from 2023 to 2024, decreasing from 1.439 tCO2e per employee, 0.054 tCO2e per m², and 0.393 tCO2e per MWh in 2023 to 0.468 tCO2e per employee, 0.018 tCO2e per m², and 0.375 tCO2e per MWh in 2024. However, these figures are not specific to its palm oil operations.

112. Methodology used to calculate GHG emissions?

The company uses the GHG Protocol methodology to calculate GHG emissions.

113. Percentage of mills with methane capture (100%)?

This indicator is disabled as the company is only a processor or trader.

114. Time-bound commitment to improve water use intensity?

This indicator is disabled as the company is only a trader.

115. Water use intensity?

This indicator is disabled as the company is only a trader.

116. Progress towards commitment on water use intensity?

This indicator is disabled as the company is only a trader.

117. Time-bound commitment to improve water quality (BOD and COD)?

This indicator is disabled as the company is only a trader.

118. Progress towards commitment on water quality (BOD and COD)?

This indicator is disabled as the company is only a trader.

119. Treatment of palm oil mill effluent (POME)?

This indicator is disabled as the company does not own mills.

120. Treatment of palm oil refinery effluent (PORE)?

This indicator is disabled as the company does not own refineries.

121. Commitment to protect natural waterways through buffer zones?

This indicator is disabled as the company is only a processor or trader.

122. Implementation of commitment to protect natural waterways through buffer zones?

This indicator is disabled as the company is only a processor or trader.

123. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?

This indicator is disabled as the company is only a processor or trader.

124. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers, applies to all suppliers?

The company commits all suppliers to minimise the use of chemicals. However, the commitment does not specify pesticides or fertilisers.

125. Commitment to no use of paraquat?

This indicator is disabled as the company is only a processor or trader.

126. Commitment to no use of paraquat applies to all suppliers?

The company commits all suppliers to not use paraquat.

127. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides?

This indicator is disabled as the company is only a processor or trader.

128. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides applies to all suppliers?

The company commits all suppliers to not use World Health Organisation (WHO) Class 1A and 1B pesticides.

129. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention?

This indicator is disabled as the company is only a processor or trader.

130. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention applies to all suppliers?

The company commits suppliers to not use Stockholm and Rotterdam Convention chemicals.

131. Chemical usage per ha or list of chemicals used?

This indicator is disabled as the company is only a processor or trader.

132. Implementation of commitment to minimise inorganic fertiliser use?

This indicator is disabled as the company is only a processor or trader.

133. Integrated Pest Management (IPM) approach?

This indicator is disabled as the company is only a processor or trader.

134. Waste management system in place to avoid negative impacts?

This indicator is disabled as the company is only a trader.

135. Commitment to human rights?

The company commits to the Universal Declaration of Human Rights.

136. Commitment to human rights applies to all suppliers?

The company commits suppliers to the Universal Declaration of Human Rights.

137. Progress on human rights commitment?

[Externally verified] The company conducts human rights due diligence, provides training programs and sustainability seminars, and distributes publications to raise awareness of human rights risks. Participation data for the human rights training is externally verified by KPMG AZSA Sustainability Co. Ltd.

138. Commitment to respect Indigenous Peoples' and local communities' rights?

This indicator is disabled as the company is only a processor or trader.

139. Commitment to respect Indigenous Peoples' and local communities' rights applies to all suppliers?

The company commits suppliers to the ILO Indigenous and Tribal Peoples Convention (no. 169).

140. Commitment to respect legal and customary land tenure rights?

This indicator is disabled as the company is only a processor or trader.

141. Commitment to respect legal and customary land rights applies to all suppliers?

142. Commitment to free, prior and informed consent (FPIC)?

This indicator is disabled as the company is only a processor or trader.

143. Commitment to free, prior and informed consent (FPIC) applies to all suppliers?

The company commits all suppliers to respect FPIC.

144. Details of free, prior and informed consent (FPIC) process available?

This indicator is disabled as the company is only a processor or trader.

145. Examples of local stakeholder engagement to prevent conflicts?

This indicator is disabled as the company is only a processor or trader.

146. Details of process for addressing land conflicts available?

This indicator is disabled as the company is only a processor or trader.

147. Supports the inclusion of women across palm oil operations, including addressing barriers faced?

This indicator is disabled as the company is only a processor or trader.

148. Commitment to mitigate impacts on food security?

This indicator is disabled as the company is only a processor or trader.

149. Progress on commitment to mitigate impacts on food security?

This indicator is disabled as the company is only a processor or trader.

150. Commitment to provide essential community services and facilities?

This indicator is disabled as the company is only a processor or trader.

151. Progress on commitment to provide essential community services and facilities?

This indicator is disabled as the company is only a processor or trader.

152. Commitment to provide business/work opportunities for local communities?

This indicator is disabled as the company is only a processor or trader.

153. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles?

The company commits to the ILO's Declaration on Fundamental Principles and Rights at Work.

154. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles applies to all suppliers?

The company commits all suppliers to the ILO's Declaration on Fundamental Principles and Rights at Work.

155. Progress on commitment to respect all workers' rights?

The company reports progress on its commitment to respecting all workers' rights by providing new recruits with training on working conditions, wages, working hours, occupational health and safety, benefits, and employment regulations.

156. Commitment to eliminate gender related discrimination with regards to employment?

The company commits to prevent employment-related discrimination based on gender.

157. Commitment to eliminate gender related discrimination with regards to employment applies to all suppliers?

The company commits all suppliers to prevent employment-related discrimination based on gender.

158. Progress on commitment to eliminate gender related discrimination with regards to employment?

[Externally verified] The company provides training to employees to prevent discrimination and harassment and has established Career Counselling Centers to address harassment-related concerns. Data on discrimination training is externally verified by KPMG AZSA Sustainability Co. Ltd.

159. Percentage or number of temporary employees?

This indicator is disabled as the company has no temporary employees.

160. Reports gender balance of employees?

1026 (25.03%) - The company reports 1,026 (25.03%) women employees. Data as of 2024.

161. Commitment to pay a living wage?

The company only commits to paying minimum wage.

162. Commitment to pay a living wage applies to all suppliers?

The company's commitment to paying at least the minimum wage applies to all suppliers.

163. Progress on commitment to pay a living wage?

164. Reporting of salary by gender?

The company reports salary data by gender; however, it does not provide a breakdown by job category.

165. Commitment to address occupational health and safety?

The company commits to address health and safety at work for all workers.

166. Commitment to address occupational health and safety applies to all suppliers?

The company commits all suppliers to address health and safety at work for all workers.

167. Provision of personal protective equipment and related training?

168. Time lost due to work-based injuries?

The company reports a Lost Time Injury Frequency Rate (LTIFR) of 4.91 for part-time employees and 0 for full-time employees in 2024. Calculated as the number of employees with LTI x 1,000,000/total working hours.

169. Number of fatalities as a result of work-based accidents?

0 - The company reports zero cases of fatalities in 2024.

170. Commitment to support smallholders?

This indicator is disabled as the company is only a trader.

171. Programme to support scheme smallholders?

This indicator is disabled as the company does not source from scheme/plasma smallholders.

172. Percentage of scheme smallholders involved in programme?

This indicator is disabled as the company does not source from scheme/plasma smallholders.

173. Programme to support independent smallholders?

This indicator is disabled as the company is only a trader.

174. Percentage of independent smallholders/outgrowers involved in programme?

This indicator is disabled as the company is only a trader.

175. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?

The company states a process to prioritise, assess and engage suppliers in compliance with the company's policy and legal requirements.

176. Number or percentage of suppliers assessed and/or engaged on compliance with company's policy and/or legal requirements?

89 - The company reports that in 2025 it conducted training sessions on human rights risks with 89 palm oil suppliers, who also completed self-assessments of compliance with the company's human rights policies. However, the assessment was limited to human rights issues only, and the proportion of the company's total suppliers covered is unclear, meaning a percentage cannot be calculated.

177. Suspension or exclusion criteria for suppliers?

The company states that when a policy violation is confirmed, it requests corrective action from the relevant supplier and conducts on-site investigations to offer guidance and support for necessary improvements. However, it does not report the time frame for these actions or the specific steps taken.

178. Time-bound action plans (including Key Performance Indicators) for suppliers to be in compliance with palm oil sourcing commitments?

179. Proportion of supply from suppliers that is verified as deforestation- and/or conversion-free (DCF)?

180. Time-bound plan to engage with all high risk mills within 3 years?

181. Programme to support high risk mills to become compliant with sourcing policies?

182. Regularly engages with a subset of high risk mills?

183. Procedures in place to assess all own and third party supplying palm oil mills for risk level?

184. Regularly assesses and categorises the risk level of all their own and third party supplying mills?

185. Regularly reports the risk level of all own and third party supplying mills identified in its supply chain?

186. Commitment to ethical conduct and prohibition of corruption?

The company commits to ethical conduct and the prohibition of corruption.

187. Commitment to ethical conduct and prohibition of corruption applies to all suppliers?

The company commits all suppliers to ethical conduct and the prohibition of corruption.

188. Progress on commitment to ethical conduct and prohibition of corruption?

The company has established internal reporting hotlines for reporting unethical conduct and provides compliance training to enhance awareness of anti-corruption and anti-bribery practices.

189. Disclosure of the company's management approach to tax and payments to governments?

The company discloses its tax policy and indicates that its review is overseen by the Chief Financial Officer (CFO).

190. Whistleblowing procedure?

The company has a whistleblowing procedure including how whistleblowers can report unethical conduct and how they are protected.

191. Own grievance or complaints system open to all stakeholders?

The company reports that it has a JaCER complaint platform through which all stakeholders can report grievances.

192. Details of complaints and grievances disclosed?