The Taskforce on Nature-related Financial Disclosures (TNFD):*1 Kirin Holdings has Registered as an Adopter*2 of the Final TNFD Recommendations

TOKYO, January 11, 2024 Kirin Holdings Company, Limited (Kirin Holdings) registered as an Adopter of the Taskforce on Nature-related Financial Disclosures (TNFD) Final Recommendations (v.1.0) (hereinafter referred to as the TNFD Recommendations) published by the TNFD in September 2023.
*1: A risk management disclosure framework for companies to report and act on risks related to natural capital.
*2: TNFD Adopters are organizations (report preparers) who intend to start making disclosures aligned with the TNFD Recommendations in their corporate reporting.

In July 2022, Kirin Holdings disclosed information related to natural capital on a trial basis, based on the TNFD LEAP approach*3, as reported in Kirin Holdings’ “Kirin Group Environmental Report 2022.” In March 2023, on request from TNFD, Kirin Holdings conducted a trial natural capital scenario analysis with New Belgium Brewing (Colorado, United States) and TNFD members. We also participated in a test pilot to contribute to global rulemaking to achieve TNFD’s goal of becoming “Nature Positive.” The Kirin Group’s disclosure case study was featured in the “TNFD LEAP approach” section of the TNFD Recommendations in September 2023.*4
*3: The LEAP approach is the guidance on the integrated approach that TNFD has developed for the identification and assessment of nature-related issues.
*4: Details are included in the TNFD Recommendations published in September 2023.
Guidance on the identification and assessment of nature-related issues: the LEAP approach
https://tnfd.global/publication/additional-guidance-on-assessment-of-nature-related-issues-the-leap-approach/

The Kirin Group will continue to address complex and interrelated environmental issues (biological resources, water resources, containers and packaging, and climate change) in an integrated manner, and to work with all those involved in the value chain to share the Group’s desire to enjoy and pass on the bounty of the earth to future generations. The Kirin Group will proactively promote a range of initiatives that will have a positive impact on nature and people.

For Reference.

Kirin Group Environmental Vision 2050
Kirin Group “Environmental Report”

About Kirin Holdings

Kirin Holdings Company, Limited is an international company that operates in the Food & Beverages domain (Food & Beverages businesses), Pharmaceuticals domain (Pharmaceuticals businesses), and Health Science domain (Health Science business), both in Japan and across the globe.

Kirin Holdings can trace its roots to Japan Brewery which was established in 1885. Japan Brewery became Kirin Brewery in 1907. Since then, the company expanded its business with fermentation and biotechnology as its core technologies, and entered the pharmaceutical business in the 1980s, all of which continue to be global growth centers. In 2007, Kirin Holdings was established as a pure holding company and is currently focusing on boosting its Health Science domain.

Under the Kirin Group Vision 2027 (KV 2027), a long-term management plan launched in 2019, the Kirin Group aims to become “A global leader in CSV*, creating value across our world of Food & Beverages to Pharmaceuticals.” Going forward, the Kirin Group will continue to leverage its strengths to create both social and economic value through its businesses, with the aim of achieving sustainable growth in corporate value.

* Creating Shared Value: combined added value for consumers as well as for society at large