Environment
Environmental Management
Policies and Basic Approach
Mitsui & Co. has established, maintains, and operates an Environmental Management System based on our Environmental Policy, ISO14001 and various international guidelines, as the basis for our work to resolve environmental issues in the course of conducting our group business activities in countries and regions around the world.
In order to promote initiatives to conserve the global environment in our business activities, we will provide training and development opportunities for our employees and officers to enhance their ability to understand and act in accordance with our Environmental Policy. In addition, we will fulfill our accountability to society by proactively reporting our efforts and progress on addressing environmental issues.
Environmental Policy
We will work to resolve environmental issues through our group business activities in countries and regions around the world, in accordance with our Sustainability Policy and this Policy.
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, we will comply with relevant environmental laws and regulations, international standards and other such agreements made by our company.
- Environmental Issues Related to Business Activities
- Climate Change
We 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
We will work to conserve water resources by reducing water consumption and improving the efficiency of water resource use. - Biodiversity
We will assess the environmental impact of our business activities and work to conserve biodiversity. - Pollution Prevention
We will act to reduce hazardous waste and pollutants and ensure the proper handling of any such materials, and strive to prevent air, water, ocean and soil pollution. - Sustainable Resource Use
We 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
We will develop and promote technologies and new businesses that reduce environmental impact.
- Construction of Environmental Management System
- We will set environmental targets, build a robust environmental management system to achieve them, and pursue continuous improvement and appropriate governance through periodic review.
- Stakeholder Engagement
- We will place importance on stakeholder dialogue, and appropriately address environmental issues relevant to our business activities.
- Remedy
- We will use appropriate processes to remedy environmental impacts found to have arisen from our business activities or relevant supply chains.
- Education and Training
- We 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
- We will continuously report our efforts and progress on addressing environmental issues through our reports, websites, and other communication channels.
Formulated in 1998
Revised in August 2023
Makoto Sato
Representative Director, Senior Executive Managing Officer,
Chief Strategy Officer (CSO),
Chairperson of the Sustainability Committee
Goals and Targets
Targets and Progress
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Sustainability Governance and Oversight
Sustainability Committee
The Sustainability Committee works under the Executive Committee to plan, formulate and provide proposals on basic management policies, business activities, and corporate policies and strategies related to environmental management.
The Sustainability Committee is structured so that its activities are appropriately supervised by the Board of Directors, and matters discussed by the Sustainability Committee are regularly discussed and reported to the Executive Committee and the Board of Directors.
| Officer in Charge | Representative Director, Senior Executive Managing Officer, Chief Strategy Officer (CSO), Chairperson of the Sustainability Committee |
|---|---|
| Administrative Office | Corporate Sustainability Div., Corporate Planning & Strategy Div. |
Please refer to the links below for more information on Mitsui’s Sustainability Management Framework and the activities of the Sustainability Committee.
Environmental Management System
We set environmental targets under our Environmental Policy and conduct periodic reviews of the progress and processes. In conducting these reviews, we have introduced an Environmental Management System (EMS) based on ISO14001, and are striving for continual improvement. Through this system, we aim to comply with environmental laws and regulations, prevent environmental risks including those related to climate change, and promote environmental conservation-oriented business. Specifically, in order to recognize the impact that our business activities may have on the global environment and to prevent environmental risks, we have established a system to assess the impact of both existing businesses and new business investments, and consider countermeasures. In addition, the system is operated and managed by implementing the PDCA cycle, which involves evaluating and analyzing the progress toward the set goals and reviewing the plan.
Global Group's Status of Acquisition of ISO 14001 Certifications
Mitsui maintains an environmental management system based on ISO14001 and various international guidelines as the basis for an active response to environmental and societal problems through the business activities of its global group. We acquired ISO14001 certification in 1999. We undertook a maintenance audit in November 2022 and the latest certification is valid through February 22, 2026.
Note1: ISO certified sites: Mitsui Tokyo Headquarters
Note2: Ratio of ISO certified sites: 100%
Note3: Scope of registration: business investment activities and trading
External Audit
Every year, ISO14001 certification audit is carried out by Japan Quality Assurance Organization (JQA). Since acquiring certification, we have undertaken annual audit in a three-year cycle: Maintenance audits in the first and second years, and a renewal audit in the third year. We undertook a maintenance audit in the fiscal year ended March 2024, for which we successfully renewed certification. In the fiscal year ended March 31, 2024 we were subject to a maintenance audit, and maintained our certification.
Internal Environmental Audit
Every year, we hold an internal environmental audit based on ISO14001. As part of this audit, we have designated 19 departments as high priority and 10 departments for low priority. The designations were decided based on the prioritized management criteria in consideration of environment-related laws and regulations and in accordance with the amount of environmental/social risk and the business content. In the fiscal year ended March 2024, we carried out internal environmental audits at 21 departments - all 19 high priority departments and 2 departments selected from the low priority departments. No non-conforming matters or matters requiring improvement were identified, and we confirmed that the environmental management system is being properly operated. As part of internal environmental audits, the Corporate Sustainability Division works alongside the Sustainability Promotion Officers at each department to verify and appraise each department's legal compliance, progress with targets, level of contribution, and processes, and to link this to ongoing improvements and further improvements to the environmental management system.
Management of Global Group Subsidiaries
Consolidated subsidiaries are designated as Environmental Priority Management Subsidiaries based on comprehensive selection criteria that takes into account such factors as the type of industry and impacts on the environment and ecosystem. We regularly review our Environmental Priority Management Subsidiaries, and as of March 31, 2024, we have selected 20 key subsidiaries from among our 296 consolidated subsidiaries, that need environmental priority management. We require that these companies acquire international standard ISO 14001 or introduce and operate environmental management systems of an equivalent standard in accordance with international guidelines, and promote the establishment of reliable management systems. As of the end of March 2024, out of the 20 priority subsidiaries, 7 have acquired ISO14001 certification. In addition, we also require that subsidiaries not designated as Environmental Priority Management Subsidiaries establish and maintain a system to ensure the identification of environmental laws and regulations applicable to their operations and the evaluation of their compliance with such laws and regulations.
Response to Environmental Accidents
During the fiscal year ended March 2024, there was one environment-related incident at Mitsui (non-consolidated) and its consolidated subsidiaries in Japan and overseas.
Any accident is promptly reported to the relevant units, and comprehensive steps are taken to prevent recurrence, beginning with the identification of the actual cause of the accident and an assessment to determine appropriate corrective and preventive measures.
In the fiscal year ended March 31, 2024, one environmental accident occurred at a consolidated subsidiary. We promptly reported the accident to the relevant authorities and other relevant parties, collaborated with internal and external parties to identify the actual cause of the accident, and implemented an assessment to determine appropriate corrective and preventive measures.
ESG Risk Management
In conducting business, we have put in place a system to ensure that utmost consideration is given to the environment and society in projects at all stages, including at the launch of a new business, during operations, and even during the exit stage. In regard to environmental and social risks, including climate-related risks, the Sustainability Committee discusses policies and measures to deal with such risks and implements them after reporting to and receiving approval from the Management Committee and the Board of Directors.
ESG Risk Management: Process of Managing Environmental and Societal Risks
Initiatives
Compliance with Environment-Related Laws and Regulations
Our efforts to meet our corporate social responsibilities and keep pace with the expansion of those responsibilities include the creation of compliance assurance mechanisms based on our environmental management system. We also use training programs and other methods to ensure that our employees understand and comply with various environmental laws and regulations in Japan and overseas.
At the start of each fiscal year, officers at each department identify environment-related laws and regulations that are relevant to the operations of their units, and conduct a compliance assessment every half year. In addition, an internal environmental audit is carried out every year to confirm that environmental management systems are being applied effectively. Mitsui and its subsidiaries whose activities could have significant environmental impacts, have acquired certification under ISO14001 or equivalent standards, establishing secure and effective environmental law compliance mechanisms.
During the fiscal year ended March 2024, there was one report of a violation of environmental laws and regulations. However, there were no major penalties or non-monetary sanctions imposed on our organization for violations of environmental laws and regulations.
Energy Conservation Law
From the viewpoint of compliance and environmental conservation, we abide by the Energy Conservation Law (Act on Rationalizing Energy Use, Act on the Promotion of Use of Non-Fossil Energy Sources), and conduct environment-minded business activities through the promotion of energy conservation and transition to non-fossil energy sources in offices and energy usage improvement related to transportation.
Waste Disposal Law
Mitsui operates in compliance with the Waste Management and Public Cleansing Law (also referred to as the "Waste Disposal Law" or "Waste Law"). In order to properly manage the disposal of industrial waste generated through logistics operations and general waste from business activities, we have formulated a workflow in connection with the handling of industrial waste and general waste from business activities and prepared FAQ documents. Such tools and documents are utilized by relevant divisions and departments. We also hold periodic internal seminars to increase awareness and understanding of proper waste disposal practices, covering such matters as the selection of waste management subcontractors and manifest compilation and management.
Additionally, we are promoting the following initiatives to save resources and promote resource circulation.- Increase the waste recycling rate at the Head Office and Osaka Office of Mitsui & Co. (non-consolidated) from FY March 2022, to over 90% by FY March 2030.
- Reduce paper consumption at the Head Office and branches and offices in Japan, of Mitsui & Co. (non-consolidated) by 50% or more by FY March 2030 (baseline year as FY March 2020).
Please scroll horizontally to look at table below.
| Target | Scope | Unit | FY March 2022 | FY March 2023 | FY March 2024 | |
|---|---|---|---|---|---|---|
| Increase waste* recycling rate from FY March 2022, to over 90% by FY March 2030. *Waste refers to regular waste, such as paper and plastic, generated from offices. |
Waste recycling rate | The Head Office and Osaka Office of Mitsui & Co. (non-consolidated) | % | 93.8 | 91.6 | 91.2 |
| Reduce paper consumption by 50% or more compared to FY March 2020 by FY March 2030. Baseline year FY March 2020: 7.18 Target: 3.59 |
Paper consumption intensity | Paper consumption at the Head Office and branches and offices in Japan, of Mitsui & Co. (non-consolidated) per employee | thousand sheets (A4 size equivalent)/employee | 2.96 Reduction compared to the baseline year: 41% reduction |
3.00 Reduction compared to the baseline year: 41% reduction |
2.63 Reduction compared to the baseline year: 37% reduction |
Other Major Environmental Laws and Regulations
In promoting business activities, Mitsui & Co. Group complies with various environmental laws and regulations which includes, but not limited to, the following:
Act on Special Measures Concerning Promotion of Proper Treatment of PCB Wastes/Act on Rational Use and Proper Management of Fluorocarbons/Water Pollution Prevention Act/Soil Contamination Countermeasures Act/Act on the Promotion of Sorted Collection and Recycling of Containers and Packaging/Act on Promotion of Recycling and Related Activities for Treatment of Cyclical Food Resources/Air Pollution Control Act/Offensive Odor Control Law/Poisonous and Deleterious Substances Control Act/Fire Service Act/Industrial Safety and Health Act/REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) regulations.
Environment-Related Training
As we work to accelerate environmental initiatives across the global group, it is vital that we raise the environmental awareness of each of our officers and employees at all levels. Through initiatives such as holding regular seminars and environment law training sessions, we work to raise awareness of environmental issues among officers and employees of Mitsui, its subsidiaries, and its affiliated companies. Furthermore, we also work on initiatives to gain specialized knowledge through ISO14001 Provisional Auditor Training and other programs.
Lectures and Training Seminars Held in FY Mar/2024
| Title | Number of Attendees | Target Audience |
|---|---|---|
| Seminars on Environmental Laws and Regulations | Approx. 150 | Officers and employees of Mitsui |
| Training on business laws and specific environmental issues: Chemicals Business Laws/Waste Management and Public Cleansing Act (6 times) |
Approx. 810 | Officers and employees of Mitsui and affiliated companies |
Green Procurement
With regard to our office activities, we have been carrying out initiatives on a non-consolidated basis to promote carbon neutral energy consumption and reduction of paper consumption and waste emissions through the use of containers with a low environmental impact, and will continue to promote green procurement.
Making Energy Use Carbon Neutral across All Business Locations in Japan (Using J-Credits)
As one of the concrete measures aimed at realizing our 2050 vision, we offset the CO2 emitted from the use of electricity, fuel and heat at our Head Office and all offices, branches and training centers in Japan, by applying carbon credits (J-Credits) generated by affiliate company Konan Utility Co., Ltd. and our company-owned forests, "Mitsui's Forests".
Use of Containers, Packaging Materials and Office Products with Low Environmental Impact Based on Life Cycle Assessment
Since our relocation to the new Head Office in May 2020, we have been using the life cycle assessment to ensure that containers and packaging used at the employee cafeteria and cafe have a low environmental impact. Paper cups with an original, environmentally conscious design are used for all takeaway drink containers, and even cold beverages can be enjoyed without using a straw. For utensils, we use biodegradable plastic developed in collaboration with an affiliated company. Products such as chopstick stands are made using wood materials from the thinned sections of FSC® -certified wood (FSC®-C057355) from our company-owned forests "Mitsui's Forests".
We also have been promoting the reduction of paper usage in our office products, and the use of recycled paper to reduce the burden on the supply of raw materials. In addition, we have made double-sided printing as the default setting for all copiers and been promoting paperless office, which has resulted in a reduction in the amount of paper consumption intensity per employee.