3.1 Actions regarding climate changePolicy recommendations
Kirin Holdings signs the “Business Ambition for 1.5℃” and “Uniting Business and Governments to Recover Better”
On June 24, 2020, the Kirin Group signed the “Business Ambition for 1.5°C” commitment letter jointly issued by three parties - United Nations Global Compact (UNGC), Science Based Targets initiative (SBTi) and We Mean Business—requesting companies to set targets that will limit the rise in global temperature to 1.5°C.
On the same day, we signed the “Uniting Business and Governments to Recover Better” statement, which makes requests of companies that have set SBTi targets or declared their intention to set SBTi targets. This is a declaration of our agreement to the statement calling for national governments to support activities such as the UNGC and SBTi, and maintain the current pace of climate change initiatives when considering economic aid in response to the recent COVID-19 pandemic.
There has been a growing trend, primarily in Western countries, toward a “green recovery,” in which measures to rebuild economies and societies damaged by the spread of COVID-19 do not cause the risk of the emergence of new infectious diseases or increase the spread of disease, but rather promote reconstruction in a sustainable and resilient manner while contributing to building a decarbonized society, a circular economy, and conserving ecosystems. As we face an age in which society and businesses are interrelated in a complex manner, it is necessary to overcome the simple dichotomy between the environment and the economy and aim for the sustainability of both society and businesses.
The Kirin Group has set forth the target of achieving net zero GHG emissions across the entire value chain by 2050. The aforesaid signatures are part of these efforts.
Kirin Holdings consents to “Making Japan a Nation where Renewable Energy is Easily Accessed: Three Strategies and Nine Policies Sought ByCorporations Engaged in Climate Action
On July 30, 2020, Kirin Holdings became a supporter of “Making Japan a Nation where Renewable Energy is Easily Accessed: Three Strategies and Nine Policies Sought By Corporations Engaged in Climate Action,” a recommendation by the RE-Users (Renewable Energy Users Network), which promotes the use of renewable energy mainly by companies. This recommendation was developed in January 2020 in cooperation with CDP Japan and WWF Japan based on the opinions of 20 large companies participating in the RE-Users. The RE-Users will communicate with the Japanese government and electric power companies to take measures to ensure that the country as a whole is able to promote the implementation and use of renewable energy, even in the face of the spread of COVID-19.
Participation in the “consortium for promoting the use of electric vehicles
On May 1, 2020, the Kirin Group became a member company of “the consortium for promoting the use of electric vehicles” (hereinafter, the Consortium), which aims to promote the penetration of electric vehicles for business use. As climate change, which is considered to be a consequence of global warming, advances worldwide, specific measures are required to realize a decarbonized society. In light of this situation, there is anticipation for the use of electric vehicles as a measure to reduce GHG emissions in the transportation sector, which accounts for approximately 20% of emissions in Japan. On the other hand, there are some problems that cannot be solved by a single company in the implementation of electric vehicles for business use. The Consortium aims to promote the introduction and use of electric vehicles, solve social issues, and realize a sustainable society by having companies and organizations share issues and work together to solve them. By participating in the Consortium, the Kirin Group will study highly practical electric vehicles suitable for our business operations, share insights across industries, and promote initiatives to realize a sustainable society.
Interview in TCFD Guidance on Scenario Analysis
In the “Guidance on Scenario Analysis for Non-Financial Companies” published by the TCFD in October 2020, we expressed our opinions in an interview as one of 15 companies from around the world.
Participation in the Review Committee of Sector-Specific Disclosure Guidance in the TCFD Consortium
On May 27, 2019, the Kirin Group became a founding member of the TCFD Consortium, which discusses effective corporate disclosure related to the Task Force on Climate-related Financial Disclosures (TCFD) and the ways in which disclosed information can be used to help financial institutions, etc., make appropriate investment decisions.
In 2020, we served as a member of the Review Committee of Sector- Specific Disclosure Guidance (food sector), the results of which were made public in the “Guidance on Climate-related Financial Disclosures 2.0 (TCFD Guidance 2.0)” published on July 31, 2020. At the TCFD Summit held on October 9, 2020 (organized by the Ministry of Economy, Trade and Industry and cosponsored by the WBCSD and the TCFD Consortium), an officer of Kirin Holdings overseeing related efforts participated in a panel discussion in response to requests.