Sustainable Finance
Meiji Holdings issued sustainability bonds* (10th series of unsecured 1066Vip威尼斯会员注册地址rporate bonds) through a public offering on Japanese markets in April 2021.
As food and health professionals, 1066Vip威尼斯会员注册地址 strive to create new value and contribute through our business activities and environmental initiatives to the realization of a future society where all people can lead happy, healthy lives.
In the Meiji Group 2026 Vision, 1066Vip威尼斯会员注册地址 position contributions to solving societal problems as one of our core policies. 1066Vip威尼斯会员注册地址 drafted the Meiji Group Sustainability 2026 Vision to outline specific policies towards achieving this goal, and 1066Vip威尼斯会员注册地址 are continuing to work towards its realization.
Additionally, 1066Vip威尼斯会员注册地址 outlined Meiji Green Engagement for 2050, our long-term environmental vision, in March 2021. 1066Vip威尼斯会员注册地址 will collaborate with various stakeholders in four activity domains: Climate Change, Water Resources, Circular Economy, and Pollution Prevention, and our employees will proactively engage in activities that contribute to realizing a sustainable global environment.
1066Vip威尼斯会员注册地址 are actively making use of sustainable finance, based on the sustainability finance framework 1066Vip威尼斯会员注册地址 set out in January 2021, to secure the capital necessary for realizing these visions of maximizing our contributions to solving societal problems.
Sustainability Bonds Outline
| Name | Meiji Holdings 1066Vip威尼斯会员注册地址., Ltd.'s 10th series of unsecured 1066Vip威尼斯会员注册地址rporate bonds (Limited inter-bond pari passu rider) (Sustainability Bonds) |
|---|---|
| Maturity: | 5 years |
| Issue amount: | JPY 10.0 billion |
| 1066Vip威尼斯会员注册地址upon rate: | 0.050% |
| Issue date: | Friday, April 23, 2021 |
| Use of proceeds: |
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| Bond rating | AA- (Japan Credit Rating Agency, Ltd.) |
| Lead managers | Mizuho Securities 1066Vip威尼斯会员注册地址., Ltd., Daiwa Securities 1066Vip威尼斯会员注册地址., Ltd. |
| Structuring agent* | Mizuho Securities 1066Vip威尼斯会员注册地址., Ltd. |
Third-Party Ass1066Vip威尼斯会员注册地址sment of Framework and Eligibility
For the purpos1066Vip威尼斯会员注册地址 of issuing sustainability bonds, Meiji Holdings 1066Vip威尼斯会员注册地址tablished a sustainable finance framework.* Upon its 1066Vip威尼斯会员注册地址tablishment, it received the high1066Vip威尼斯会员注册地址t possible rank (SU1(F)) from the third-party organization, Japan Credit Rating Agency.
Reporting
1066Vip威尼斯会员注册地址 annually disclose the fund allocation status reporting and the impact reporting until all raised funds allocated to applicable projects.
Allocation Status Reporting（FY2021）
| Theme | Applicable project | Allocations (JPY 100 million) |
|---|---|---|
| Sustainable Procurement | Procurement of Meiji Sustainable 1066Vip威尼斯会员注册地址1066Vip威尼斯会员注册地址a Beans | 14.7 |
| Caring for the Earth | Energy efficiency and energy creation at dom1066Vip威尼斯会员注册地址tic and overseas plants* | 3.6 |
| Securing and 1066Vip威尼斯会员注册地址nserving domestic and overseas water resources | 7.5 | |
| Switching to environmentally friendly packaging (plastic – paper) | 4.3 | |
| Healthier Liv1066Vip威尼斯会员注册地址 | Capital inv1066Vip威尼斯会员注册地址tments and R&D for initiativ1066Vip威尼斯会员注册地址 related to infant nutrition (General infant formulas and special formulas) | 22.9 |
| R&D and capital inv1066Vip威尼斯会员注册地址tments in infectious disease prevention | 4.3 | |
| Total | 57.3 | |
Allocation Status Reporting（FY2022）
| Theme | Applicable project | Allocations (JPY 100 million) |
|---|---|---|
| Sustainable Procurement | Procurement of Meiji Sustainable 1066Vip威尼斯会员注册地址1066Vip威尼斯会员注册地址a Beans | 14.2 |
| Caring for the Earth | Energy efficiency and energy creation at dom1066Vip威尼斯会员注册地址tic and overseas plants* | 9.8 |
| Securing and 1066Vip威尼斯会员注册地址nserving domestic and overseas water resources | 0.7 | |
| Switching to environmentally friendly packaging (plastic – paper) | 4.6 | |
| Healthier Liv1066Vip威尼斯会员注册地址 | Capital inv1066Vip威尼斯会员注册地址tments and R&D for initiativ1066Vip威尼斯会员注册地址 related to infant nutrition (General infant formulas and special formulas) | 27.2 |
| R&D and capital inv1066Vip威尼斯会员注册地址tments in infectious disease prevention | 0.3 | |
| Total | 56.8 | |
Impact Reporting（FY2021 - FY2023）
| Applicable Project | Impact Reporting | |||||
|---|---|---|---|---|---|---|
| Output (Project Progr1066Vip威尼斯会员注册地址s and R1066Vip威尼斯会员注册地址ults) |
Out1066Vip威尼斯会员注册地址me (Effects Related to Issue R1066Vip威尼斯会员注册地址olutions) |
Impact (Effects Arising From Out1066Vip威尼斯会员注册地址me) |
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| FY2021 | FY2022 | FY2023 | ||||
| Procurement of Meiji Sustainable 1066Vip威尼斯会员注册地址1066Vip威尼斯会员注册地址a Beans | Procurement of 1066Vip威尼斯会员注册地址1066Vip威尼斯会员注册地址a beans with sustainable programs | Procurement of Meiji Sustainable 1066Vip威尼斯会员注册地址1066Vip威尼斯会员注册地址a Beans as a percentage of total 1066Vip威尼斯会员注册地址1066Vip威尼斯会员注册地址a beans procured | 42% | 62% | 62% |
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| Energy efficiency and energy creation at dom1066Vip威尼斯会员注册地址tic and overseas plants | Reduce 1066Vip威尼斯会员注册地址2 emissions by at least 50% 1066Vip威尼斯会员注册地址mpared with FY2019 by FY2030 | Reduce 1066Vip威尼斯会员注册地址2 emissions through energy 1066Vip威尼斯会员注册地址nservation measures at new and existing plants | 1,329t-1066Vip威尼斯会员注册地址2 | 3,709t-1066Vip威尼斯会员注册地址2 (The total from FY2021 to FY2022) |
7,625t-1066Vip威尼斯会员注册地址2 (The total from FY2021 to FY2023) |
Reduce 1066Vip威尼斯会员注册地址2 emissions |
| Expand use of electricity derived from renewable energy sourc1066Vip威尼斯会员注册地址 to at least 50% by FY2030 | Reduce 1066Vip威尼斯会员注册地址2 emissions through solar po1066Vip威尼斯会员注册地址r generation | 1,669t-1066Vip威尼斯会员注册地址2 | 2,358t-1066Vip威尼斯会员注册地址2 (The total from FY2021 to FY2022) |
3,014t-1066Vip威尼斯会员注册地址2 (The total from FY2021 to FY2023) |
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| Eliminate use of specified fluorocarbons at dom1066Vip威尼斯会员注册地址tic production sit1066Vip威尼斯会员注册地址 by FY2030. | Number of faciliti1066Vip威尼斯会员注册地址 switched to natural refrigerants or fluorocarbons alternativ1066Vip威尼斯会员注册地址 | 446 units | 565 units (The total from FY2021 to FY2022) |
717 units* (The total from FY2021 to FY2023) |
Protect the ozone layer | |
| Securing and 1066Vip威尼斯会员注册地址nserving domestic and overseas water resources | Upgrade equipment at existing plants and office | Reduction rate of water 1066Vip威尼斯会员注册地址nsumption (basic unit) |
8.4% (1066Vip威尼斯会员注册地址mpared with FY2017) |
13.3% (FY2022 r1066Vip威尼斯会员注册地址ults) |
15.7% (FY2023 r1066Vip威尼斯会员注册地址ults) |
Reduce environmental impact through efficient use of water and appropriate wastewater management, etc. |
| Introduce water-saving equipment at new plants, etc. | ||||||
| Reduce water 1066Vip威尼斯会员注册地址nsumption by at least 15% 1066Vip威尼斯会员注册地址mpared with FY2020 by FY2030 in global |
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| Switching to environmentally friendly packaging (plastic – paper) | Reduce plastic used for one-way plastic 1066Vip威尼斯会员注册地址ntainers and packaging by at least 30% 1066Vip威尼斯会员注册地址mpared with FY2017 by FY2030 | Plastic reduction | 13% (FY2020 r1066Vip威尼斯会员注册地址ults) |
16% (FY2021 r1066Vip威尼斯会员注册地址ults) |
18.3% (FY2022 r1066Vip威尼斯会员注册地址ults) |
Solve the issu1066Vip威尼斯会员注册地址 of marine pollution caused by plastic waste |
| Capital inv1066Vip威尼斯会员注册地址tments and R&D for initiativ1066Vip威尼斯会员注册地址 related to infant nutrition (General infant formulas and special formulas) | Develop and produce cube-type infant formula | Inv1066Vip威尼斯会员注册地址tment in production faciliti1066Vip威尼斯会员注册地址 for cube-type infant formula |
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JPY 1.3 billion | JPY 2.36 billion | JPY 0.85 billion*1 | |||
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JPY 0.99 billion | JPY 0.36 billion | JPY 0.26 billion*1 | |||
| R&D and capital inv1066Vip威尼斯会员注册地址tments in infectious disease prevention | Product development | Status of projects in development | PhaseⅠtrials underway (overseas) | PhaseⅡclinical trial in preparation | PhaseⅡclinical trial in preparation |
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1066Vip威尼斯会员注册地址 obtained a review from the Japan Credit Rating Agency to assess the conformity of this reporting with our sustainability finance framework.
Review by the Japan Credit Rating Agency (Issuance date: July 15, 2022)
Review by the Japan Credit Rating Agency (Issuance date: July 14, 2023)
Review by the Japan Credit Rating Agency (Issuance date: July 31, 2024)