During the past 100 years, the business environment has dramatically changed. The severity of health problems such as lifestyle-related diseases, increased medical costs, aging population, weaker connections between people, rising economic inequality, climate change and environmental destruction are all increasing. We want to increase consumer happiness by voluntarily addressing social problems such as these. Addressing the social issues through leveraging of the Kirin Group's strengths will promote transformed awareness and creative ideas, which in turn will lead to further innovation. Through this, we will increase the group's organizational capabilities and sustainably deliver value to customers. This is what we call CSV (Creating Shared Value), our most important management policy.
Kirin Group's CSV Governance
The Kirin Group has formulated the Group Materiality Matrix (GMM), which outlines the key issues that must be addressed in order to sustainably exist and develop together with society. Based on the GMM, we have formulated the CSV Purpose as a guideline that translates our management philosophy into the significance of our existence in society, and have established the CSV Commitment as a medium-term action plan for achieving the CSV Purpose. The CSV Commitment is incorporated into the business plans of the Group companies, and its progress is linked to performance evaluations.The Group CSV Committee, chaired by the President & CEO of Kirin Holdings, discusses the formulation of CSV policies, strategies, and action plans, and monitors the implementation of these plans in order to actively and voluntarily promote CSV. In order to enhance the effectiveness of the CSV policies and strategies decided by the Group CSV Committee, we have established the CSV staff meeting, which is composed of managers from each division of Kirin Holdings and the planning divisions of major group companies, to share information and exchange opinions.
- Group Materiality Matrix
- Translate management philosophy into social significance.
- Members: KH functional units Planning staffs, major operating companies’ Planning staffs
- Chair: The CEO of Kirin Holdings (KH)
Members: KH functional units Director, The CEO of major operating companies
Group CSV Committee
To promote the Kirin Group’s proactive and independent CSV initiatives, the Group CSV Committee meets once a year in principle, with the meeting chaired by the president & CEO of Kirin Holdings.
The presidents of major operating companies are also members of the committee, which conducts discussions regarding the formulation of optimal Group CSV policies and strategies as well as action plans. In addition, the committee monitors the status of the implementation of CSV plans.
The details of the decisions made by the Group CSV Committee are, as needed, reported to and discussed by the Kirin Holdings Group Executive Committee and the Kirin Holdings Board meeting and reflected in the Group’s overall strategies. The committee chair provides instructions for improvement that are considered necessary for CSV promotion. These instructions are provided to departments at Kirin Holdings and to Group companies. This increases the effectiveness of CSV policies and strategies determined by the committee. The Kirin Holdings CSV Strategy Department, which serves as the secretariat for the committee, will take steps to provide support for operating companies and lead units, such as providing CSV-related information and sharing the CSV-related initiatives of Group companies.
CSV Commitment Monitoring
The Group’s CSV Commitment, like its Group Materiality Matrix (GMM) and CSV Purpose under which it is positioned, is submitted to the Kirin Holdings Board of Directors, where it is confirmed and amended, if necessary.
Under the current medium-term management plan, the targets of the CSV Commitment have been set as non-financial key performance indicators (KPIs) and their implementation status is confirmed and discussed at the Group CSV Committee, monitored and supervised and monitored by the Kirin Holdings Board of Directors.
Furthermore, progress and achievements toward the CSV Commitment are treated as performance indicators for evaluating directors on the Kirin Holdings Board at the end of each fiscal year (with the exception of outside directors). The Nomination and Remuneration Advisory Committee, which primarily comprises outside directors, deliberates over these results and reports its decisions to the Board of Directors.
Kirin Group Stakeholders
Kirin Group believes that customers, shareholders and investors, employees, communities, business partners, and the environment are stakeholders common to all Kirin Group companies. To realize the Kirin Group’s unique CSV, through our businesses, we treasure these relationships with stakeholders and aim to co-create new value.
|Customers||We will use our technological expertise in manufacturing to pursue high quality and meet customer's expectations, bringing well-being, pleasure, and comfort to people's lives everywhere through the joy of food and well-being|
|Shereholders and investors||To further strengthen corporate governance and increase corporate value over the medium to long term, we will enhance disclosure of information and engage in constructive two-way communication.|
|The environment||We will ensure that resources circulate in such a way as to reduce the environmental load generated by our value chain, ensuring that the earth can replenish its resources.|
|Business partners||Through fair transactions, we will build relationships of mutual trust with all business partners toward the creation of a sustainable society and offer better products and services to our customers.|
|Communities||We will treasure the local communities that support our business activities and contribute to their healthy and sustainable growth|
|Employees||We will foster an organizational culture where a diversity of people can enjoy working, feel that they are experiencing human growth through their jobs, and take on the challenge of innovation.|
Initiatives, Activities, and Policies
Commitments and Performance Indicators
The Company’s CSV Commitment is its medium- to long-term action plan for each business unit, intended to realize its CSV Purpose, a set of long-term, non-financial goals included in its long-term management vision, Kirin Group Vision 2027。 The Kirin Holdings Board of Directors monitors the implementation status of these targets.