| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | JP3143000002 |
| Industry group | Food, Beverage & Tobacco |
| Aligned with SDGs |
ITO EN produces, packages, and distributes a variety of teas, including Japanese green tea, oolong, and black tea in several different forms (leaves, bags, bottles, and cans of prepared drinks), as well as prepared and ground coffees, packaged vegetable and fruit juices, dairy and bottled mineral water.
ITO EN was founded in 1966 as The Frontier Tea Corporation, renamed to ITO EN in 1969."
Investment rationale
Sustainability is incorporated in ITO EN's strategy and operations in various ways, specifically in and across:
ITO EN's product portfolio, its own(ed) processes and its tea value chain, including its suppliers.
Green tea (both leaves and related beverages), which account for a large majority of ITO EN's sales, contains a wide variety of natural components which provide real and/or perceived health benefits. The health aspect is not limited to solely ITO EN's tea activities, but applies for the company's overall portfolio (e.g. sugar free, vegetable and fruit beverages).
Regarding its own processes and environmental policy, the company has set related to climate change, water resources and packaging. Regarding the latter, and illustrative, the company has targets in place for PET bottles made entirely out of recycled materials. Moreover, circularity is also incorporated in ITO EN's own production and distribution processes, as after brewing nearly 100% of tea leaves are being recycled, mainly into cardboard boxes.
Thirdly and lastly, sustainability is also well established and present across ITO EN's value chain, as the company demonstrates its commitment to sustainable agriculture and farming, community development, recycling and responsible resource use.
Alignment with Triodos Transitions: 82% of revenues is aligned with the Food Transition. The contribution to the Food Transition comes from 82% of revenues related to the impact objective Food Security.