Prima Meat Packers Ltd

2281:JP JP3833200003
Key Information
HQ:
Japan
Market Cap:
$0.8bn
Primary Market:
Asia



Company Information

Company Summary

Prima Meat Packers is a Japan-based company principally engaged in the production and sale of meat products and processed products. The Company operates in two business segments. The Meat Business Division segment is engaged in beef production and related business, as well as the processing and logistics of meat. The Processed Food Business Division segment is engaged in the manufacture and sale of processed foods, the supply of side dishes, the sale of hams and sausages and other related products
Prima Meat Packers Ltd

Revenue

Total revenue:

$3.7bn

Revenue by Geography

Revenue by Protein

Revenue by Product Type

Note: This financial breakdown is based on Annual reports released in 2022, containing, in most cases, FY2021.


Disclosures

CDP ScoresLast Reviewed: 11/10/2023

CDP ClimateCDP ForestsCDP Water
NoNoNo

Science Based Target InitiativeLast Reviewed: 03/10/2023

Target classificationStatusDate
Has not set SBT--

Coller FAIRR Protein Producer Index

Analysis Overview

Index-Radar-2023
Greenhouse Gas Emissions Deforestation & Biodiversity Water Use & Scarcity Waste & Pollution Antibiotics Animal Welfare Working Conditions Food Safety Sustainability Governance Alternative Proteins

Analysis Breakdown

Risk Score

11/100
High Risk



Greenhouse Gas Emissions

14/100

Scope 1, 2 & 3 Target
16/100
Type of Target
0/3
Strength of Target - Non-SBT
0.8/2
Source(s): Integrated Report 2022, page 29; Key environmental objectives and performance 2022, page 1; Securities Report 2022 ENG, page 19

Innovation on GHG Emission Reduction
0/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
0/2
Animal Farming Innovation
0/2
Source(s): Integrated Report 2022; Webpage - Contributing to Global Environmental Protection

Quality of GHG Inventory
16/100
Quality and scope of GHG inventory Completeness
0.8/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0/1.5
Source(s): Integrated Report 2022, page 21

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Integrated Report 2022, page 21

Climate-related Scenario Analysis
35/100
Climate-related Scenarios Analysis Conducted
1/1
Disclosure of Analysis Results on Material Risks
0.75/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Integrated Report 2022, page 31, 32; Securities Report 2022 ENG, page 18



Deforestation & Biodiversity

0/100

Deforestation/Conversion-free Target - Soy for Animal Feed
0/100
Risk Assessment to Identify High-risk Locations
0/0.5
Strength of Deforestation Commitment
0/3.25
Transparency - Progress Against Commitment
0/1.25
Source(s): Integrated Report 2022, page 15

Engagement, Monitoring & Traceability - Soy for Animal Feed
0/100
Supplier Engagement
0/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0/0.5
Source(s):



Water Use & Scarcity

5/100

Water Use & Scarcity in Facilities
16/100
Monitoring Water Consumption & Withdrawals
0.2/0.75
Target to Reduce Water Consumption & Withdrawals
0.4/1
Disclosure & Performance of Water Risks in Facilities
0.2/3.25
Source(s): Integrated Report 2022, page 57; Key environmental objectives and performance 2022, page 1

Water Use & Scarcity in Feed Farming
0/100
Supplier Engagement in Water Use in Feed Farming
0/2.5
Disclosure of Water Risks in Feed Farming
0/2.5
Source(s):

Water Use & Scarcity in Animal Farming
0/100
Supplier Engagement in Water Use in Animal Farming
0/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s):



Waste & Pollution

0/100

Wastewater at Facilities
0/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0/2
Performance on Wastewater Quality & Volume Discharged
0/1.5
Source(s):

Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s):

Manure Management in Animal Farming
0/100
Disclosure of Pollution Risks from Manure
0/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Integrated Report 2022, page 32



Antibiotics

15/100

Policy on Antibiotics Use
30/100
Policy on Antibiotics Use
1.5/5
Source(s): Integrated Report 2022, page 16, 23, 40, 42; Webpage - Strengthening Supply Chain Management

Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
0/5
Source(s):



Animal Welfare

3/100

Animal Welfare Policy
10/100
Welfare Policy
0.5/2
Key Welfare Issues
0/3
Source(s): Integrated Report 2022, page 5, 20, 40, 42; Webpage - Strengthening Supply Chain Management

Assurance & Certification
0/100
Auditing & Assurance by an Animal Welfare Organisation
0/4
Public Reporting on Welfare
0/1
Source(s):

Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
0/5
Source(s): Integrated Report 2022, page 5, 42; Webpage - Strengthening Supply Chain Management



Working Conditions

9/100

Human Rights
10/100
Strength of Policy
0.5/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): Securities Report 2022 ENG, page 21

Fair Working Conditions
8/100
Policy for Direct Operations
0.4/3
Monitoring & Discosure
0/2
Source(s): Integrated Report 2022, page 11, 48; Securities Report 2022 ENG, page 21

Safety & Turnover Data
14/100
Committee representation of workers
0.25/2
Disclosure of safety and turnover data
0.43/3
Source(s): ESG Data Book 2021, page 34; Integrated Report 2022, page 57; Webpage - Creating a Workplace that Promotes Job Satisfaction

Freedom of Association
5/100
Strength of Policies
0/3
Disclosure of Collective Bargaining Metrics
0.25/2
Source(s): Securities Report 2022 ENG, page 10



Food Safety

24/100

Food Safety System
25/100
Certifications
1.25/3.5
Performance
0/1.5
Source(s): Evaluation by External Organizations; Food Safety Initiatives - Domestic Beef Traceability; How Safe Food Arrives; Integrated Report 2022, page 11, 12

Product Recalls & Market Bans
23/100
Product Recall Systems
0.13/3
Performance
1/2
Source(s): Integrated Report 2022, page 49, 51



Sustainability Governance

25/100

Assessment of a Company's Sustainability Governance
25/100
Board Sustainability
1.25/2
Incentives & Policy Engagement
0/2.5
Innovation & Benchmarking
0/0.5
Source(s): Integrated Report 2022, page 25, 26, 29, 48



Alternative Proteins

45/100

Diversification of Products to Alternative Protein Sources
45/100
Existing product portfolio
0.25/2.5
Investing for future growth
2/2.5
Source(s): Integrated Report 2022, page 6, 15, 16, 19, 29; Webpage - Try Veggie

Members-only supplement

If you would like to view the Analysis Breakdown, sign up to become an investor member or log in to the FAIRR network.