Activity Reports by Materiality
Protection of the Global Environment
Mitsui & Co.'s Approach
We rigorously comply with environment–related laws, regulations, and treaties. We strive to prevent environmental pollution and curb greenhouse gas emissions, to adapt to climate change, and to maintain biodiversity. We are alert to environmental impacts and work to mitigate those impacts. We use our integrated strengths and work in cooperation with our partners to achieve rational, long–term industrial solutions to environmental problems. We systematically provide grants, through the Mitsui & Co. Environment Fund, for university research and NPO/NGO activities that contribute to the solution of environmental problems, efficient resource utilization, protection of ecosystems, and harmonious coexistence between ecosystems and human beings.
Offering low-cost and environment-friendly mobility options through car sharing
Mobility patterns and the ways in which cars are being used are diversifying around the world. A trend that is currently emerging especially in Europe and the United States is car sharing, where a single car is made available for use by multiple members. This reflects increased concern for the environment as well as an awareness of the high costs incurred by owning a private car.
Mitsui & Co. is positioning car sharing as a next–generation mobility service that is in tune with the current shift from ownership to renting. In 2010 we acquired an equity stake in the Car Club Private Limited of Singapore. By harnessing business know–how and expertise gained in Singapore, we aim to extend operations into other Asia–Pacific markets, where the car society is moving to a mature phase.
With a car–sharing service, the cost for each instance of using a car becomes clearly known. This in turn facilitates the use of alternatives, such as public transport, bicycle, or walking. A choice of the most cost–effective mobility option can be made, depending on the purpose of the trip and the current situation. Through this service, Mitsui will be able to propose a new type of car life as one of the mobility options for people in various countries and regions, which also ties in with increased consideration for the environment.
We see this business as a chance to offer mobility options of low cost and low environmental impact to global society. By alleviating traffic congestion and reducing vehicle travel distances, a positive effect on the environment as a whole can be achieved.
Activities for FY Ended March 2017
Please scroll horizontally to look at table below.
|Theme||Business Area||Business Activities|
|Enhancement of Environmental Management System||
|Initiatives toward Environmental Value Creation||
|Initiatives to Reduce Environmental Load, Including Curbing Global Warming||
|Initiatives for Preserving Biodiversity||
|Addressing Environmental Issues through Contribution to Society||
Message from Mitsui's Environmental Officer
We have entered an era in which an international community with diverse values increasingly expects business corporations to play a key role in finding solutions for environmental and social issues relating to climate change, resource recycling, biodiversity, and harmony with local communities. Business activities that are not in tune with society's expectations are unlikely to survive long in this context.
“Sustainable development” is the key concept in the report of the Brundtland Commission, which was published by the United Nations in 1987 under the title “Our Common Future”. Since then, the idea of “sustainability” has been embraced as a symbolic slogan for global environmental issues. Today the concept of sustainability has become a solid foundation for international initiatives, such as the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement on climate change. We are witnessing the beginnings of a huge wave of change spanning multiple eras and generations, accompanied by an increasing awareness and focus on, environmental, social, and governance (ESG) perspectives.
As a company engaged in a wide variety of activities, Mitsui responds proactively to environmental and social issues, and creates opportunities to address those issues at the global level. Of course we will continue to strive toward sustainable growth by undertaking business activities that are based on genuine care for the environment and society. We draw attention to the work of the Sustainability Committee, and also our Specially Designated Business for environment–related project assessments. Our Environmental & Societal Advisory Committee comprises external experts whose input is invaluable. Finally, We should mention our Mitsui & Co. Environment Fund, which supports the activities of NPOs, NGOs and academic researchers undertaking work relating to global environmental issues, a and numerous other social contribution initiatives and engagement with stakeholders.
Representative Director, Executive Vice President,
- Mitsui & Co. believes that one of its most important management themes involves providing a positive response to environmental issues on a global group basis, in order to contribute to the creation of a future where the dreams of the inhabitants of our irreplaceable Earth can be fulfilled.
- Mitsui & Co. will make every possible effort towards realizing a “sustainable development” which is aimed at creating a harmony between the economy and the environment on a global group basis.
In view of the above principles, and in accordance with the Action Guidelines shown below, Mitsui & Co. will design, periodically evaluate, and continually improve an adequate risk management system, including response to matters such as global warming, nature conservation with consideration given to biological diversity, and the prevention of pollution, which will cover the wide range of activities that it undertakes on a global scale. At the same time, we will strive to ensure the development and dissemination of earth–friendly technologies and further reinforce our responsibility with respect to the environment on a global group basis.
1. Compliance with relevant environmental laws and regulations
We will comply with various relevant environmental laws and regulations, as well as all agreements signed by the company for promoting business activities.
2. Efficient utilization of resources and energy
We will strive to reduce the burden on the environment within each of our workplaces and in our business activities through the efficient utilization of resources and energy, as well as the reduction, reuse, and recycling of waste and its proper disposal.
3. Environmental care for products and services offered, as well as existing and new businesses
We will give the utmost consideration to the environment to the extent technologically and economically feasible by exercising an appropriate degree of influence in enlisting the understanding and support of involved business partners, as well as evaluating the impact that we have on the environment, not only in the prevention of pollution, but on such issues as global warming and the conservation of biological diversity as well.
4. Contribution to providing industrial solutions to environmental issues
We will engage in business activities with the goal of providing rational and permanent industrial solutions, and contribute to the realization of “sustainable development” by exploiting our individual abilities and the collective strengths of our organization in cooperation with our global partners.