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CSR Materiality

Kyowa Hakko Kirin Group’s Management Philosophy and CSR

The Kyowa Hakko Kirin Group upholds its management philosophy of contributing to the health and well-being of people around the world by creating new value through the pursuit of advances in life sciences and technologies. Based on this philosophy, all employees share the Group-wide Core Values in conducting their everyday operations. The Core Values are composed of the core concept, Commitment to Life, and three key words: Integrity, Innovation and Teamwork/Wa (wa meaning harmony or loop). We believe that fulfilling our management philosophy through activities based on the Core Values is indeed the Group’s corporate social responsibility (CSR).

Kyowa Hakko Kirin Group’s CSR Materiality

In the course of undertaking its own business, the Kyowa Hakko Kirin Group seeks to create both economic and social value by helping society achieve sustainability. We have identified issues of materiality that need to be tackled with priority as part of our CSR from the perspective of their impact on both social sustainability and the Group’s business, and incorporated them into our FY 2016‒2020 Mid-term Business Plan. In specifying our CSR materiality, we primarily used the framework of the seven core subjects defined in ISO 26000*: organizational governance, human rights, labor practices, the environment, fair operating practices, consumer issues, and community involvement and development (hereinafter, “community”).

ISO 26000 is an international standard providing guidelines to help organizations fulfill their social responsibility. Issued in November 2010, this guidance offers a range of advice for all kinds of organizations including corporations, governments, schools and non-governmental organizations (NGOs). It was developed with input from a variety of stakeholders, including governments, corporations, workers, consumers, NGOs and experts representing more than 40 organizations in over 90 developed and developing countries. The compilation of a social responsibility standard under such a large project likely testifies to rising anticipation among the stakeholders for organizational activities on a global basis.

Identification/Implementation Process of CSR Materiality

Step 1 Listing of issues

  • We listed issues that need to be examined based on the Group’s management philosophy and business visions as well as its existing CSR initiatives by following major international guidelines that help organizations fulfill their social responsibility, including ISO 26000, Global Reporting Initiative (GRI) guidelines, and the Sustainability Accounting Standards Board (SASB) sustainability accounting standards, and in consideration of the expectations of stakeholders.

Step 2 Assessment of impact on social sustainability and business

  • The listed issues are prioritized from the perspectives of impact on social sustainability and impact on business, and a materiality matrix is formulated.

Step 3 Identification of materiality (material issues)

  • From among issues plotted on the materiality matrix, those that need to be addressed with priority under the Mid-term Business Plan are identified as our CSR materiality.

Step 4 Confirmation of validity and finalization

  • The validity of materiality is confirmed based on hearing from executives and discussions with subsidiaries and relevant divisions. When approved by the Group CSR Committee, the materiality is finalized.

Step 5 Implementation and assessment

  • CSR materiality is incorporated into the business management plan for the relevant fiscal year formulated by each subsidiary and division for implementation. Updates on progress and stakeholders’ requests are monitored to review the plan for necessary adjustments.
CSR Materiality

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