Stakeholder Engagement

The Fuji Oil Group’s main stakeholdersGRI: 2-25, 29, 3-1

We set our vision in the Fuji Oil Group Management Philosophy as “Together with our stakeholders, we will co-create a sustainable future for food, based on plant-based ingredients that are both delicious and healthy.” We are committed to engaging in co-creation with a variety of stakeholders in the value chain. We also see the relationship with stakeholders that supports these activities as one of the Group’s key management resources.

In promoting sustainability management, the Group places great importance on fulfilling its responsibilities to a wide range of stakeholders. We also reflect the expectations and suggestions received from stakeholders in our analysis on material ESG issues and the process of identifying human rights and environmental risks, and utilize them in the formulation of our strategies and initiatives.

Dialogue with employees
(the CEO and CFO delivering an in-house financial results briefing to employees)

Sustainable procurement of palm oil
(face-to-face interviews with supplier management teams as part of the Supply Chain Transformation Program)

Sustainable procurement of cocoa
(assessing the family circumstances of farmers as part of the Child Labor Monitoring and Remediation System, CLMRS)

List of examples of stakeholder engagement

We have identified key stakeholders on whom our business activities can have positive or negative impacts, and engage with each of them, as described below.

Stakeholder engagement and objectives Our responsibilities FY2024 main engagement methods
(frequency)		 Related pages
Employees Human resources are critical to the social and corporate value creation of the Group. We are committed to respecting the diversity of all employees, and creating workplaces where they can make the most of their abilities and work in a safe and secure environment.
  • Occupational health and safety
  • Promoting DE&I
  • Health and productivity management
  • Building sound management-labor relations
  • Employee training (as needed)
  • Internal compliance hotline (permanent)
  • Engagement survey (in Japan: twice annually, outside Japan: annually)
  • Intranet in Japan, internal communication website, social media (ongoing)
  • Management policy briefing by the CEO (as needed)
  • Discussions with labor union (Fuji Oil Co., Ltd., once per month)
Shareholders,
investors and
financial institutions		 Gaining the understanding and support of our shareholders, investors and financial institutions is essential to increasing our corporate value. We are committed to timely, appropriate, and highly transparent information disclosure and dialogues. We will use the evaluations and feedback we receive to improve our sustainability management.
  • Increasing corporate value
  • Profit return
  • Information disclosure
  • Dialogues
  • General meeting of shareholders (annually)
  • Financial results briefings, teleconferences (four times annually)
  • Small meetings, factory tours (10 times in FY2024)
  • Individual meetings (313 times in FY2024)
  • Financial Report, Integrated Report, Sustainability Report, shareholder news (annually)
Customers Customers are our key partners in building a sustainable food system. We will build lasting relationships with them and enhance co-creation by engaging in better communication and offering the unique value created by the Group.
  • Stable supply
  • Building trust
  • Offering products that capture market needs
  • Proposals and exchange of ideas with customers on the development of products that address social issues (ongoing)
  • Activities to promote communication of information to consumers through collaboration with customers (as needed)
Consumers Consumers are both important beneficiaries of a sustainable future of food and the drivers of its achievement. We are committed to understanding consumer needs and promoting ethical consumption by raising awareness and making products widely available, and will reflect the feedback we receive in our product development and service improvement.
  • Providing delicious, healthy, and sustainable food
  • Food safety
  • Product sales via e-commerce channels; communication via social media (ongoing)
  • Dissemination of information through mass media (as needed)
  • Awareness raising through industry organizations (ongoing)
Business partners,
outsourcing partners and
supply chain workers		 Our business partners, subcontractors, and supply chain workers are key partners in building a sustainable food system. We will promote understanding of the Fuji Oil Group’s policies and build trust with our partners through fair and equitable transactions in order to grow sustainably together.
  • Building a sustainable supply chain
  • Sustainable procurement
  • Daily purchasing activities and transactions (ongoing)
  • Individual briefings on our sourcing policies (as needed)
  • Supplier engagement (grievance mechanisms, supplier self-evaluation, Labor Transformation Program (LTP), support for smallholder farmers, CLMRS, landscape initiatives, deforestation prevention monitoring, proprietary sustainable procurement program) (ongoing)
Local communities To ensure smooth business operations, it is important to live in harmony with local communities. We contribute to the development of local communities by engaging in environmental conservation, supporting safety, and providing food education and job training.
  • Living in harmony with the community
  • Community economic development
  • Environmental conservation
  • Landscape initiatives (palm oil: Indonesia and Malaysia) (ongoing)
  • Local community empowerment (regions that produce palm oil, cocoa, and shea kernels, and communities near our operational sites) (ongoing)
  • Indigenous peoples and local communities rights protection (regions that produce palm oil, cocoa, soybeans, and shea kernels) (ongoing)
  • Participation in and sponsorship of community events (operational sites) (as needed)
  • Food education and food support projects (US, Brazil, and Japan) (as needed)
  • Support in the event of natural disasters (Group companies) (as needed)
NGOs/NPOs and
experts		 Cooperation with NGOs/NPOs and experts is essential in carrying out activities addressing global social issues. We will use their expert perspectives and dialogue to expand and strengthen our sustainability activities.
  • Constructive dialogues and cooperation toward business operations that respect human rights and are responsible for the environment
  • Expert panel dialogues (as needed)
  • Grievance mechanism (permanent)
  • Support for programs to improve environmental and human rights issues, promotion of joint projects (ongoing)
Academic organizations Expert knowledge and scientific evidence are needed to continue creating social value. We carry out open innovation in collaboration with academic organizations to strengthen our human capital and accelerate the creation of sustainable food resources.
  • Building trust
  • Sharing technology, knowledge, and human resources
  • Confidentiality
  • Sharing value
  • Joint research, open innovation (ongoing)
  • Lectures (as needed)
National/governmental agencies
Industry organizations		 We will deepen cooperation with national/governmental agencies and industry organizations, and accelerate our efforts to address social issues in order to contribute to the development of not only the industry, but also countries and regions.
  • Compliance with laws and regulations
  • Industry revitalization through partnerships with various agencies and organizations
  • Social and economic development
  • Liaison and discussion with government agencies (as needed)
  • Participation in public-private projects and committees sponsored by public sector agencies (as needed)
  • Promotion of industry organization activities (as needed)
  • Participation in market creation and awareness-raising activities (as needed)

External initiatives we support and participate inGRI: 2-28

  • July 2025

    Task Force on Nature-related Financial Disclosures (TNFD) Adopter

  • April 2021

    Japan Business Initiative for Biodiversity (JBIB)

  • June 2020

    The Palm Oil Collaboration Group (POCG)

  • May 2020

    Approved by the Science Based Targets initiative (SBTi)

  • May 2020

    Round Table on Responsible Soy Association (RTRS)

  • April 2020

    Platform for Sustainable Cocoa in Developing Countries

  • December 2019

    European Cocoa Association (ECA)

  • October 2019

    Japan Sustainable Palm Oil Network (JaSPON)

  • May 2019

    Task Force on Climate-related Financial Disclosures (TCFD)

  • March 2017

    The Consumer Goods Forum

  • December 2016

    Male Leaders Coalition for Empowerment of Women by the Japan’s Cabinet Office

  • 2015

    Shea Network Ghana

  • January 2013

    UN Global Compact (UNGC)

  • 2013

    Global Shea Alliance (GSA)

  • December 2012

    UN Global Compact Network Japan (GCNJ)

  • 2012

    World Cocoa Foundation (WCF)

  • September 2004

    Roundtable on Sustainable Palm Oil (RSPO)

Endorsing the UN Global Compact

In January 2013, Fuji Oil became a signatory to the United Nations Global Compact, a set of voluntary principles proposed by the UN in the areas of human rights, labor, environment, and anti-corruption. By implementing the 10 principles of the Global Compact, we aim to contribute to the improvement of sustainability in society as a whole.

Tatsuji Omori
President and CEO