Kirin Group receives the Gold Award in the Environmentally Sustainable Company Category at the 5th ESG Finance Awards Japan

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February 26, 2024 (press release) –

Kirin Holdings Co., Ltd. (President: Tasunori Isozaki) received the Gold Award in the Environmentally Sustainable Company Category at the 5th ESG Finance Awards Japan[*1] on Monday, February 19, 2024 . Did. This is the third time that our company has received the Gold Award in the environmentally sustainable company category of this award, following the first award in 2019 and the second award in 2020. At the same time, we were also selected as an ``Environmentally Sustainable Company'' as a company that meets certain standards for the level of information disclosure.

"ESG Finance Award Japan" recognizes the advanced efforts of institutional investors, financial institutions, intermediaries, companies, etc. that have made an impact by actively engaging in ESG finance or environmental and social projects. This is an award system established by the Ministry of the Environment in 2019 with the aim of sharing it widely with society and leading to the spread and expansion of ESG finance.

Reasons for winning the “Gold Award” in the Environmentally Sustainable Company Category The fact that the four themes of “biological resources,” “water resources,” “containers and packaging,” and “climate change” were approached in an integrated manner and linked to the integration of TCFD and TNFD is very clear. It is. Our new initiatives, such as detailed analysis, targeted initiatives, a disclosure stance that ensures effectiveness, and the start of verification of the relationship between external rating agencies' ESG scores and financial performance, are in line with best practices. worthy of being called. The company was also praised for its strength in its "integrated approach" and for fusing technology and sustainability.

(From the reasons for the award received from the ESG Finance Award Japan screening office)

The Kirin Group has declared that it will place CSV[*2] at the core of its management, and based on its ``responsibility as an alcoholic beverage manufacturer,'' Through our business activities, we are focusing on solving three social issues: community and environment.

The Kirin Group , which conducts business activities using the blessings of nature as raw materials and utilizing the power and wisdom of nature, announced in its "Environmental Report 2022" in July 2022 that it is promoting natural capital[*] based on the "TNFD[*]3LEAP Approach". We have contributed to the creation of global rules to achieve the goals of the TNFD, including being the first in the world to make trial disclosures under 4. In December 2023 , we registered as a TNFD Adopter[*5] as an adopter of the TNFD Final Recommendation v1.0, which was published by the TNFD in September 2023 .

The Kirin Group will continue to work in an integrated manner on multiple and interconnected environmental issues (biological resources, water resources, containers and packaging, and climate change), with a desire to enjoy and pass on the rich blessings of the earth into the future. In order to connect this with all people involved in the value chain, we will actively promote various initiatives that have a "positive impact" on nature and people.

Reference

* Kirin Group Environmental Vision 2050

* Kirin Group “Environmental Report” 2023

Footnotes:

[1] 5th “ESG Finance Award Japan”https://www.env.go.jp/press/press_02099.html

[2] Abbreviation for Creating Shared Value. Creating value that can be shared with customers and society

[3] Abbreviation for Taskforce on Nature-related Financial Disclosures . Task Force on Nature-Related Financial Disclosures , a risk management       disclosure     framework for companies to report and act on risks and opportunities related to natural capital.

[4] Natural capital is the stock of natural assets that provide society with flows of renewable and non-renewable resources and ecosystem services.

[5] TFND Adopter is a company or organization that has registered as an organization that intends to proceed with disclosure in accordance with   TNFD    recommendations when disclosing corporate information.

Disclaimer: The Above Content is Auto-Translated

Source: Kirin Holdings Company

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