11.14. 2023
2023 U.S. SOY BUYERS OUTLOOK CONFERENCE

Why and How can SSAP be best used byJapanese Soy Industry

Kenji Fuma
CEO, Neural, Inc.
Adjunct Professor, Shinshu University
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About Kenji Fuma
CEO, Neural, Inc. / Adjunct Professor at Green Social Co-creation Institute, Shinshu University
BA, The University of Tokyo / MBA, Thunderbird School of Global Management
Master of Liberal Arts Sustainability, Harvard Extension School
Businesses, Financial Institutions

Municipalities

Sustainability management and ESG financial adviser
・ Advisers to prime TSE-listed companies and majorfinancial institutions
・ Advisor to start-ups and VCs (ICJ).
・ External director (TSE Growth listed, Valuence HD)
・ Internal committee member (MUFG, T&DHD, SBKK, Ajinomoto)Hokkaido-city, Nemuro-city, Himeji-city

NGOs
Board member, Water Aid Japan
Board member, MASHING UP

Central Government Ministries and Agencies

Sport

Ministry of the Environment• Member of the study group on 'Basic Matters' of the Basic
Environmental Plan.
• Selection Board Member, Japan ESG Finance Award• Select Committee member, Principles for Financial Action in the
21st Century (Minister of the Environment Award)

Co-opted Member, Executive Committee (Part-time)
J.LEAGUE

Ministry of Agriculture, Forestry and FisheriesCommittee Member of Socio-Economic Panel of the Hague
International Space Governance WG

International conferences• Expert member, Food, Agriculture and Rural Policy Council• Secretariat of the Council for Agricultural, Forestry and Fisheries
Technology, Member of the Advisory Board for the Survey ofTrends in Different Overseas Sectors• Member of the Committee on Decarbonization of Food SupplyChain• Member of the study group on food supply chain visualization
demonstration and demonstration support

Medias, Speeches・ Commentary on television, radio, newspapers andmagazines
・Speeches at the World Bank, United Nations University,EU, Liberal Democratic Party, Constitutional Democratic
Party of Japan, Japan Federation of Bar Associations,
Institute of Certified Public Accountants, JapaneseInstitute of Auditors, JA Zen-Noh, etc.

Ministry of Health, Labour and Welfare• Member of the Committee on Creating a Sustainable Food
Environment that Makes you Naturally Healthy

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The soy market is expected to grow significantly in the future.

Source: USSOY

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Ecosystem disruption risks are not limited to South America.
• The risk of ecosystem disruption from soy production extends to the Great Plains.

Source: WWF

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Components of food and agriculture assessments by the WBA.
Humanrights

Environment

ガバナ
ンスと戦略

社会インクルージョン（労働者と消費者）

環境

栄養

Source: World Benchmarking Alliance

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Sustainability disclosure, including raw materials, being enhanced.

Source: MAFF

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EU mandate to prevent deforestation linked to soy production.

Source: EU

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Content of the EU Deforestation Regulation (EUDR).
Obligation to conduct due diligence

Products involved in deforestation are banned from sale and import within the EU by the end of 2020.
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How to meet the demand for traceability?

Ensure traceability to farms.

OR

Use reliable raw material certification

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Significance of SSAP utilization.
Four criteria.

Biodiversity
Farmmanagement

Labor
management

environmental
conservation

Specifically,• Adopt crop rotation, cover crops, nutrient management, no-tillage, etc. to improve soil health• Soy is not produced in primary or continuous forests, wetlands or peatlands.
• Conservation of farmland at risk of soil erosion, important wildlife habitats, etc. through CRP.
Source: U.S. Soy Sustainability Assurance Protocol

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SSAP comply with international sustainability requirements.
• In December 2021, FEFAC certified the SSAP as compliant with the FEFAC Soy Sourcing
Guidelines (2021).
Members

Source: SOY SOURCING GUIDELINES 2021, FEFAC

Soy Sourcing Guidelines (2021)

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SSAP also meets the criteria of the UKRT.
• It has also been recognized as a soy certification program that meets the criteria forforests and native vegetation.

Source: Certification-Standards-Briefing-2020, efeca

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Highly commended by the FSA.
• On 25 August 2022, it was rated Silver under FSA 3.0.

Source: FSA benchmarking protocol 3.0, SAI platform

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Independent audits of producers.
• Internal audits by producers and independent audits of producers.

Source: USSEC

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Action launched on soy life cycle greenhouse gas emissions.
• With the growing interest in agricultural emissions, discussions have also begun on
the use of the LCA database developed by GFLI.

Source: GFLI

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Boundaries of the GFLI• LCA assesses resource use and pollutant emissions during the life cycle of feed
ingredients.

Scope-in• Primary production (agriculture and fisheries), processing and transport related to the production of feed
ingredients.

Scope-out• Activities not directly related to physical production activities, such as marketing, business travel,commuting, living on a farm, etc.
• Impact of the use of certain feed ingredients on livestock performance (e.g. use of feed additives).
Source: GFLI

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Reference of LCI data.
• The GFLI basically adopts the framework and rules of the PEFCR, developed by theEuropean Commission, which defines detailed requirements for the implementation ofLCA on feedstuffs.

GHG inventories refer to IPCC guidelines
Source: GFLI

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SSAs are issued on an application basis.

Source: SSAP

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MAFF aims to ensure food security with its strategy.

Source: MAFF

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Aiming to achieve this with certified products.

Source: MAFF

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