Mitsui & Co. (Australia) Ltd.
Mitsui & Co.'s Materiality - Key Sustainability Goals
Create an Eco-friendly Society
Accelerate initiatives towards environmental issues, such as responding to climate change and water resource problems, and contributing to a circular economy.
As a company with business operations in countries and regions worldwide, Mitsui & Co. recognises that climate change and other impacts on the global environment could cause significant risks to the sustainable growth of society and Mitsui itself. We also recognise that the response to climate change will create new business opportunities due to the accelerating shift to energy conservation, renewable energy, and new technologies in mobility including electric vehicles. Other priorities include biodiversity, resource recycling, and adopting ‘circular thinking’ into the business. The circular economy works to ensure resources are kept in use as long as possible and the maximum value is extracted from them through good design and efficient practices.
Environmental Policy
In line with Mitsui & Co. Environmental Policy, Mitsui & Co. Australia works to resolve environmental issues through out business activities in countries and regions in which we operate. We also expect various stakeholders, including our business partners, to understand and address environmental issues in accordance with this Policy, and aim to collaboratively achieve harmony with the environment.
Compliance with relevant environmental laws and regulations |
In pursuing our business activities, Mitsui & Co. Australia will comply with relevant environmental laws and regulations, international standards and other such agreements made by our company. |
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Environmental Issues Related to Business Activities |
Climate Change: Mitsui & Co. Australia will act to reduce greenhouse gas emissions, and also work to mitigate and adapt to climate change by pursuing businesses that contribute to the transition to a decarbonized society and to reducing the negative impacts of climate change. Water Resources: Mitsui & Co. Australia will work to conserve water resources by reducing water consumption and improving the efficiency of water resource use. Biodiversity: Mitsui & Co. Australia will assess the environmental impact of our business activities and work to conserve biodiversity. Biodiversity: Mitsui & Co. Australia will assess the environmental impact of our business activities and work to conserve biodiversity. Pollution Prevention: Mitsui & Co. Australia will act to reduce hazardous waste and pollutants and ensure the proper handling of any such materials, and strive to prevent air, water and soil pollution. Sustainable Resource Use: Mitsui & Co. Australia will improve efficiency in the use of resources and energy and reduce waste. By pursuing business in the circular economy, we will work to achieve economic growth while reducing our burden on the environment. Technology Development and Business Creation to Reduce Environmental Impact: Mitsui & Co. Australia will develop and promote technologies and new businesses that reduce environmental impact. |
Environmental Management System |
In accordance with Mitsui & Co. environmental management system, Mitsui & Co. Australia will work to contribute to our environmental targets through continuous improvement. |
Stakeholder Engagement |
Mitsui & Co. Australia will place importance on stakeholder dialogue, and appropriately address environmental issues relevant to our business activities. |
Remedy |
Mitsui & Co. Australia will use appropriate processes to remedy environmental impacts found to have arisen from our business activities or relevant supply chains. |
Education and Training |
Mitsui & Co. Australia will provide training and development opportunities for our employees and officers to enhance their ability to understand and act in accordance with this Policy. |
Reporting |
Mitsui & Co. Australia will continuously report our efforts and progress on addressing environmental issues through our reports, websites, and other communication channels. |
Our Activities in Oceania to Contribute to SDGs
Our activities are covered under the relevant focus areas below, and are linked to the SDGs to demonstrate our efforts on tackling the SDGs’ 17 goals.
1. Environmental Management
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Target SDGs (Target Numbers) | Mitsui & Co. Activities in Oceania | More Information |
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2. Climate Change
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Target SDGs (Target Numbers) | Mitsui & Co. Activities in Oceania | More Information |
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Renewable Energy Projects & Supplies
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Businesses and Projects to Support Low-Carbon Society
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Less Carbon-intensive Businesses
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3. Circular Economy
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Target SDGs (Target Numbers) | Mitsui & Co. Activities in Oceania | More Information |
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4. Environmental Pollution
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Target SDGs (Target Numbers) | Mitsui & Co. Activities in Oceania | More Information |
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The Business Conduct Guidelines of Mitsui & Co. group companies prescribe and require the following.
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In designing our new Sydney office, sustainability was a key focus. Large amount of furniture was reused from existing site, reducing waste. All local Australian furniture suppliers were selected to minimise carbon footprint by reducing travel distances and associated shipping. Supplier selection was also based on their environmental initiatives such as Biosafety Cabinet Certification, Good Environmental Choice Australia accreditation, cradle to cradle programs, and renewable energy and water stewardship programs. All new lighting is LED, consuming less power and reducing greenhouse emissions. Many of the newly introduced products were sustainably produced, reusable and/or with recycled content. |
5. Biodiversity
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Target SDGs (Target Numbers) | Mitsui & Co. Activities in Oceania | More Information |
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Along with business partners, Mitsui Bussan Woodchip Oceania(*1) manages our plantation business in Australia with the aim of ensuring the stable provision of wood chips, the raw material for paper production. These projects contribute to protecting valuable natural resources, absorbing and chemically immobilizing carbon dioxide, preserving biodiversity, and preventing soil erosion and salt salinity. |