Ajinomoto : Named to CDP’s Climate Change A List for Three Consecutive Years

Ajinomoto Co., Inc. Named to CDP's Climate Change A List for

Three Consecutive Years

TOKYO, December 13, 2022 - Ajinomoto Co., Inc. ("Ajinomoto Co.") has been selected by CDP,1 an international environmental not-for-profit charity, for inclusion in its Climate Change A List for 2022. Selection for the A List, CDP's highest evaluation, is in recognition of factors including Ajinomoto Co.'s comprehensive disclosure and pioneering initiatives regarding climate change. This is the third consecutive year for Ajinomoto Co. to make its appearance on the A List.

CDP drives companies and governments to reduce their greenhouse gas emissions,

safeguard water resources and protect forests, and it leverages institutional investors and major purchasers worldwide that have a strong interest in environmental issues to motivate companies to disclose and manage their environmental impacts. Each year, CDP collects, analyzes and evaluates information on the environmental activities of major companies around the world. More than 18,700 companies, equivalent to approximately half of global market capitalization in the world, disclosed data through CDP in fiscal 2022. CDP selects the most outstanding companies in terms of climate change-related initiatives and information disclosure for its Climate Change A List. In fiscal 2022, 74 companies were selected for the A List2 from among 1,700 domestic companies.

Climate change is not only an urgent global issue, but also an issue that may have a major impact on Ajinomoto Group businesses, including procurement of raw materials and other activities. At the corporate management level, the Ajinomoto Group sees climate change as both a risk and an opportunity, and has set a target of reducing greenhouse gas emissions 50% from their fiscal 2018 level by fiscal 2030 for coexistence with the Earth and the environment. In addition, in March this year, Ajinomoto Co. has set its Group target to achieve the Net-Zero Standard to reduce greenhouse gas emissions by fiscal 2050. The Ajinomoto Group is proactively using and purchasing renewable energy such as biomass and solar power, and will continue to steadily take actions to decarbonize its business operations, while disclosing information on climate change-related risks and opportunities and countermeasures in accordance with the framework of the Task Force on Climate-related Financial Disclosures ("TCFD") and participating in the international environmental initiative RE100.

References

The following section of the corporate website introduces the Ajinomoto Group's approach and initiatives for climate change adaptation and mitigation.

Climate Change Adaptation and Mitigation https://www.ajinomoto.com/sustainability/materiality/climate_change.php

1. CDP website:https://www.cdp.net/en
2. Climate Change A List companies:https://www.cdp.net/en/companies/companies-scores

Press release dated August 4, 2020

The Ajinomoto Group Joins RE100, an International Environmental Initiative https://www.ajinomoto.com/cms_wp_ajnmt_global/wp-content/uploads/pdf/RE100.pdf

Press release dated March 15, 2022

The Ajinomoto Group Sets a New Target to Become Carbon Neutral https://www.ajinomoto.com/cms_wp_ajnmt_global/wp-content/uploads/pdf/2022_03_15E.pdf

The Ajinomoto Group, unlocking the power of amino acids, aims to resolve food and health issues associated with dietary habits and aging, and contribute to greater wellness for people worldwide.

Based on the corporate message "Eat Well, Live Well.", we have been scientifically pursuing the possibilities of amino acids to aim for future growth by creating new value through sustainable and innovative solutions for communities and society.

The Ajinomoto Group has offices in 36 countries and regions, and sells products in more than 130 countries and regions. In fiscal 2021, sales were 1.1493 trillion yen (10.2 billion U.S. dollars). To learn more, visit www.ajinomoto.com.

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