Kirin Sustainable Finance

The Kirin Group executes Kirin Sustainable Finance based on the “Kirin Sustainable Finance Framework” to raise funds to promote CSV management. The funds are used to address social issues in "A Responsible Alcohol Producer," "Health and Well-Being," "Community Engagement," and "The Environment" based on the CSV Purpose, and by communicating the status of their use, we aim to further promote the Kirin Group CSV management and solve social issues.

In executing Kirin Sustainable Finance, we have developed this Framework based on the following principles and guidelines*, and have obtained a second party opinion from DNV BUSINESS ASSURANCE JAPAN K.K. ("DNV"), an independent external reviewer for its conformity.

  • Principles/Guidelines
  • the Green Bond Principles 2021(ICMA)
  • the Social Bond Principles 2021(ICMA)
  • Sustainability Bond Guidelines 2021(ICMA)
  • Green Bond Guidelines 2020 (Ministry of the Environment Japan)
  • Social Bond Guidelines (October 2021 Financial Services Agency of Japan)
  • Green Loan Principles (LMA)(APLMA) (LSTA)
  • Green Loan and Sustainability Linked Loan Guidelines 2020 (Ministry of the Environment Japan)

2020

Overview

  1. Official name

Kirin Holdings Company, Limited 18th unsecured straight bonds (Green bonds with specific inter-bond pari passu clause, “Kirin Holdings Green Bonds” for short)

  1. Total issue amount

JPY 10.0 billion

  1. Term

5-years

  1. Coupon

0.110%

  1. Issue date

November 27, 2020

  1. Maturity date

November 27, 2025

  1. Interest Payment date

May 27 and November 27 of each year

  1. Credit rating

A+(Rating and Investment Information, Inc.

A3(Moody’s Japan K.K.)

  1. Eligibility of green bond framework

The issuer has obtained the second party opinion for the critera set forth by the International Capital Markets Association (ICMA)in its Green Bond Principles 2018 and by the Ministry of Environment of Japan in its Green Bond Guidelines 2020 from Sustainalytics, a leading international third-party verification provider ※1

  1. Use of Proceed

Procurement of recycled PET plastic and installation of heat pump systems in plans

  1. Kirin Holdings Company, Limited. Green Bond Second-Party Opinion

Investment Statement on Kirin Holdings Green Bonds

Listed below in Japanese alphabetical order are investors who declared their intention of investment in the Kirin Holdings Green Bond and agreed to disclose their names as of November 20, 2020.

  • The Aichi Bank, Ltd.
  • Asset Management One Co., Ltd.
  • NST Niigata Sogo Television Company Limited
  • Cameron Hume Limited
  • THE KYOTO CHUO SHINKIN BANK
  • The 77 Bank, Ltd.
  • SHINWA KEISO
  • Jissen Women’s Educational Institute
  • SUMITOMO LIFE INSURANCE COMPANY
  • Seiwa Shinkumibank
  • Tokyo Marine Asset Management Co., Ltd.
  • Tokyo University of Agriculture Educational Corporation
  • The TONO SHINKIN BANK.
  • The Toa Reinsurance Company, Limited.
  • Gakkohojin Nakamurasangyogakuen
  • NIHON DENGI CO.,LTD.
  • PineBridge Investments Japan Co., Ltd.
  • HIROSE ELECTRIC CO.,LTD.
  • The Fukui Bank, Ltd.
  • MAX CO., LTD.
  • Manulife Investment Management (Japan) Limited
  • Mie Prefecture credit federation of agricultural cooperatives
  • Sumitomo Mitsui Trust Asset Management Co., Ltd.
  • Mitsubishi UFJ Trust and Banking Corporation
  • Midori Life Insurance Co., Ltd.
  • The Miyazaki Taiyo Bank, Ltd.
  • Meiji Yasuda Asset Management Company Ltd.
  • Meiji Yasuda Life Insurance Company
  • THE YAMANASHI CHUO BANK,LTD.

Reporting