Mitsui & Co.’s Materiality
Materiality Action Plans
Secure sustainable supply of essential products
Please scroll horizontally to look at table below.
SDGs targets(s) |
Segment | Business unit | Business field | Response to issues | Target (assuming a date by 2030) |
Actions and performance indices for achieving the target |
Current status/progress |
---|---|---|---|---|---|---|---|
|
Mineral & Metal Resources | Mineral & Metal Resources | Mineral and metal resources development and recycling | We will contribute to the stable supply of mineral and metal resources that support economic growth, society and industry. | Improve the stable supply system by expanding mineral and metal resources and promoting recycling businesses. |
|
|
|
Energy | Energy I, Energy II | Energy development | We will contribute to the stable supply of sustainable energy. | Build and enhance a stable energy production and supply portfolio that meets the expectations of customers and society. | Maintain, expand and diversify energy supply by developing new projects and enhancing existing projects. | We are promoting new energy development projects to meet the needs of consumers around the world.
|
|
Machinery & Infrastructure | Infrastructure Projects | Centralized power generation/centralized RE/distributed power generation | We will carry out business operations in consideration to the stable operation and reduction of environmental burdens, and contribute to local communities through sustainable and stable power supply optimized for each country or region. |
|
|
Through 74 electric power projects (Net capacity 10.9GW) in 23 countries around the world, we are working on a stable power supply that supports people's lives (as of March 31, 2023). In FY Mar/2023, one of the two Thailand gas-fired power plant projects in which we have invested was completed and is now in operation. |
|
Machinery & Infrastructure | Infrastructure Projects | Resource infrastructure (onshore/offshore) business | We will fulfill our social mission and social responsibility for the stable supply of resources while fully considering the impact of operations on the environment, and contribute to the sustainable growth of countries and regions. |
|
|
Off the coast of Brazil, about 20% of the total oil and gas production for the country is produced by FPSOs which are jointly owned by MODEC. Going forward, we will continue to contribute to the stable supply of oil and gas in the global deep-sea oil and gas field areas, mainly off the coast of Brazil. |
|
Machinery & Infrastructure | Infrastructure Projects | Social environment infrastructure business | We will contribute to the expansion of global logistics demand by developing, expanding and steadily operating our logistics bases. | Expand logistics infrastructure and improve efficiency in the world's growing logistics market. |
|
In our container terminal business in Indonesia, we have maintained the industry's highest level of operational efficiency. We are promoting the expansion of DX functions to further improve efficiency, such as a paperless (online) fee payment process and optimization of truck transportation. |
|
Machinery & Infrastructure | Mobility I | Passenger vehicle sales and leasing | We will respond to growing demand for mobility, resource transportation, and passenger vehicles, where demand is expected to increase (especially in emerging countries). |
|
|
In addition to sales in Chile, Peru, Brazil, The Philippines, etc., where demand for passenger and transportation vehicles is expanding with economic growth, we have begun working on a leasing business. |
|
Machinery & Infrastructure | Mobility I | Railway freight | We will respond to the increase in transportation demand for grains, steel products, industrial products, etc. in Brazil by developing multi-modal transportation with low environmental impact. | Create and enhance efficient multi-modal transportation in Brazil. | Work with our partner in Brazil to improve the quality and quantity of transportation, such as expanding the range of transportation option, expanding the target cargo, and achieve reliable transportation. | We are working on the utilization of trucks leveraging IT to achieve efficient multi-modal transportation with low environmental impact. |
|
Machinery & Infrastructure | Mobility II | Shipping | We will provide high-quality, environmentally friendly, competitive ships and services to meet the ever-expanding demand for marine transportation as the world economy grows. | Use DX to select the optimal shipping routes to save fuel and use new technologies such as new kinds of fuels to help reduce the environmental burden of shipping and enable sustainable growth of maritime industries. | Increase our efforts with global partners in each area of the world (shipyards, shipowners, shipowners). Showcase initiatives for utilizing the technological capabilities of Japanese manufacturers. | With emission reduction in the shipping industry becoming a global issue, in April 2021 we became a strategic partner of the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), a not-for-profit international research and development center dedicated to the decarbonization of the shipping industry. From May 2022, we dispatched a secondee to work with other partners to solve technical and commercial issues in the use of low-carbon fuels for marine vessels. |
|
Chemicals | Basic Materials | Covering all business areas of the Business Unit (Gas Chemicals Business/Basic Chemicals Business/Performance monomer/Tank Terminal Business) |
We will achieve a sustainable society by supporting the steady supply of basic materials and industrial infrastructure. | Solidify the production supply system through capacity expansion in the salt and methanol production businesses and tank terminal business, and expansion of trading by expanding logistics. | Manage milestone of each project and expand trading based on trends in the oil-to-chemicals businesses. | While uncertainty in the global economy remains even beyond the COVID-19 pandemic, our trading function has made it possible for us to connect supply chains and give them some spare capacity. We will continue to strengthen the foundations for a stable supply and demonstrate our functions for doing so. |
|
Chemicals | Chemicals Segment | Compliance | We will build a sustainable supply system in our management of chemical products by maintaining a compliance system and improving quality. | Promote a legal compliance system for hazardous chemical substances, improve quality, give employee training for product safety, and participate in initiatives. |
|
We have updated legal information related to chemical substance management to protect the global environment through chemical substance management which is an important trade compliance along with security trade control. We regularly conduct training in the laws relating to chemical substance management to all Mitsui & Co. and group companies that handle chemical substances. |
|
Chemicals | Performance Materials | Detergent raw materials, oleochemical business | We will contribute to the stable supplies in the detergent raw materials and oleochemical business areas. | Establish stable supply systems. | Expand manufacturing and stabilize production. |
|
|
Chemicals | Nutrition & Agriculture | Agri-science business/Agri-solution business | We will achieve sustainable agricultural production through science. | Achieve a reduction of environmental burden and agricultural productivity improvement by developing and disseminating agricultural technology. |
|
|
|
Chemicals | Nutrition & Agriculture | Animal solutions business | We will achieve sustainable agricultural production through science. | Achieve a reduction of the environmental burden of livestock, and an improvement of productivity by developing and popularizing feed additives/veterinary drugs/vaccines. |
|
|
|
Iron & Steel Products | Iron & Steel Products | GHG reduction promotion in product LCA (Life Cycle Assessment) | We will work to build supply chains from the perspective of LCA, for global decarbonization. | Together with partners in Japan and overseas, contribute to GHG reduction across the entire supply chain. | In product LCA develop projects to help in GHG reduction. | In collaboration with SuMPO (Sustainable Management Promotion Organization) which is Japan's only ISO-based carbon footprint certification body, we offer LCA Plus, a platform that enables the visualization of product LCA throughout the supply chain. |
|
Lifestyle | Food | Trading | We will contribute to the safe and secure procurement of food, and a sustainable and stable food supply. | Thoroughly disseminate our sustainable supply chain policy and, if necessary, formulate individual procurement policies and goals based on this policy, and aim to achieve them. | Monitor the implementation status of each Procurement Policy for Specific Commodities. |
|
|
Lifestyle | Retail | Food retail | We will contribute to the safe and secure procurement of food, also a sustainable and stable food supply. | Thoroughly disseminate our sustainable supply chain policy and, if necessary, formulate individual procurement policies and goals based on this policy, and aim to achieve them. | Monitor the implementation status of each Procurement Policy for Specific Commodities. |
|
|
Lifestyle | Wellness | Contract food services | Based on the promotion of health management to curb domestic medical expenses and the growing awareness of people's health, we will help people to achieve a level of health in line with their life stage, by providing a stable supply of food that will support physical and mental wellbeing. | Achieve a stable supply of safe and secure food with consideration for reduction of food loss, sustainability and traceability. |
|
*1. MSC certification is a certification system for sustainable fisheries that is properly managed in consideration of fishery resources and the environment. ASC certification certifies aquaculture which is approved by the Aquaculture Stewardship Council and minimizes the environmental and social burden. MSC/ASC CoC certification ensures that these certified fish products are properly managed and traceable in all processes of manufacturing, processing and distribution. *2. Certification of the control standards for production, distribution, and processing at our own food preparation facilities. |
Enhance quality of life
Please scroll horizontally to look at table below.
SDGs targets(s) |
Segment | Business unit | Business field | Response to issues | Target (assuming a date by 2030) |
Actions and performance indices for achieving the target |
Current status/progress |
---|---|---|---|---|---|---|---|
|
Mineral & Metal Resources | Mineral & Metal Resources | Mineral and metal resources business development | We will contribute to the stabilization and development of local economies through sustainable resource development that takes local communities into consideration. | Cooperate with our project partners and the local communities, contribute to the development of national and local economies. | Conduct sustainable development by monitoring legal systems and continuing dialogue with project partners and local communities. | We are continuing dialogue with local governments, project partners and local communities. |
|
Energy | Energy I, Energy II | Energy development | We will contribute to regional economic development through the promotion of our development projects. | Through collaboration with local governments and communities, contribute to the development of national and regional economies associated with our development projects. | Develop new regional infrastructure, create communities, and create local employment. | We are working on infrastructure development based on the demands and potential needs of each country/region, and the creation of communities. |
|
Energy | Energy I, Energy II | Energy supply | Through the supply of relatively clean and competitive energy (gas, LNG), we will assist in the development of local economies and gradual energy transitions. | Supply energy that supports the sustainable economic development of each country. | Provide stable LNG supply, and supply and demand adjustment functions by strengthening portfolio and logistics functions. | We are working to expand our portfolio to strengthen our supply of LNG, which has a relatively low environmental impact, to contribute to energy transitions around the world.
|
|
Machinery & Infrastructure | Infrastructure Projects | Centralized renewable energy/distributed power generation | We will contribute to improve living standards in developing and emerging countries through our efforts in the distributed power generation business. | Provide sustainable and clean power generation centered on solar power in India and sub-Saharan Africa's non-electrified areas. Particularly in India, aim to supply electricity to 1.2 million people through OMC Power, and to expand to Africa and other countries. | Build a sustainable mini-grid business business model centered on India and OMC Power. | OMC Power is a leader in the distributed mini-grid business in India. In rural areas of India, where power supply is unstable, OMC Power combines solar power generation and storage batteries to provide stable, environmentally friendly, locally produced and consumed power to cell phone base stations, stores, and local communities. |
|
Machinery & Infrastructure | Infrastructure Projects | General power/new areas/services | We will work on infrastructure to solve social problems such as food supply, financial services, health promotion, population growth, urbanization, and digitization. |
|
|
|
|
Machinery & Infrastructure | Mobility I | Transportation infrastructure | We will contribute to the sustainable growth of emerging countries through the development and expansion of transportation and infrastructure for daily life. | Contribute to the sustainable growth of emerging countries through local employment and improvement of local living standards after completion of construction accompanying our transportation infrastructure operations. | Promote projects through dialogue and harmony with local communities. Strengthen supply chain management when ordering project materials and equipment. |
We are working on a project to build a dedicated freight rail line to enhance freight transport capacity between Delhi and Mumbai, India's largest industrial zone. |
|
Machinery & Infrastructure | Mobility II | Shipping | We will provide high-quality, environmentally friendly, competitive ships and services to meet the ever-expanding demand for marine transportation as the world economy grows. | Use DX to select the optimal shipping routes to save fuel and use new technologies such as new kinds of fuels to help reduce the environmental burden of shipping and enable sustainable growth of maritime industries. | Increase our efforts with global partners in each area of the world (shipyards, shipowners, shipowners). Showcase initiatives for utilizing the technological capabilities of Japanese manufacturers. | With emission reduction in the shipping industry becoming a global issue, in April 2021 we became a strategic partner of the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), a not-for-profit international research and development center dedicated to the decarbonization of the shipping industry. From May 2022, we dispatched a secondee to work with other partners to solve technical and commercial issues in the use of low-carbon fuels for marine vessels. |
|
Chemicals | Basic Materials | Performance monomer | We will contribute to improve the world's QOL by demonstrating our material design capabilities. | Establish new businesses and new business groups in the specialty chemical field, as one part of the growth driver of our Basic Materials Business Unit. | Promote business strategies and manage milestones for materials-related businesses such as high-performance resin raw materials and coatings, as well as cosmetics and pharmaceutical raw materials. | We are expanding our business development in each area by leveraging our deepening partnerships with Honshu Chemical Industry, Kansai Paint and others. |
|
Chemicals | Performance Materials | Consumer products business | Through our consumer products business (personal care products, hygiene products, cosmetics, etc.) we will improve quality of life. | Procure products and raw materials based on consumer needs. Conduct development and marketing in this field. | Develop products utilizing unique Japanese technologies and execute overseas activities with deep market analysis and digital marketing approach. |
|
|
Chemicals | Nutrition & Agriculture | Wellness business | We will respond to the increasing added value of food and health needs as the middle class grows and the population ages through science. | Establish a business base that responds to wellness, mainly in Japan and Asia. |
|
|
|
Iron & Steel Products | Iron & Steel Products | General infrastructure maintenance | We will contribute to lengthen the service life of existing infrastructure. | In collaboration with partners who possess high technological abilities, contribute to spread the preventive maintenance business that uses Japan's excellent maintenance technology throughout the world, to build environmentally friendly infrastructure. | Expand services, products, and areas provided for in the general infrastructure maintenance business. | We are currently promoting our maintenance business in Thailand together with Sho-Bond Corporation, a general infrastructure maintenance company. We will extend the life of infrastructure through preventive maintenance such as repair and reinforcement. |
|
Iron & Steel Products | Iron & Steel Products | Structural steel production | We will contribute to the construction of environmentally friendly infrastructure in emerging markets. | Create a recycling network through the recycling and production of environmentally friendly materials. | Use new sources of energy, set up production and supply systems that have a low environmental burden, and expand the supply areas in Asia for products that are environmentally friendly. | As an initiative in the electric furnace business that can reuse iron scrap to produce steel, we have invested (20% ownership) in Thai electric arc furnace steel manufacturer/Siam Yamato Steel. |
|
Lifestyle | Food | Trading | We will further strengthen our efforts to eradicate child labor and respect human rights in our supply chains. |
|
Report the completion of sending the policy to all suppliers of our business units and consolidated subsidiaries and disclose monitoring implementation status. | We have sent the policy to all suppliers of our business unit and consolidated subsidiaries. In addition, some suppliers have been sent supplier questionnaires, and we have conducted on-site inspections and other human rights due diligence. |
|
Lifestyle | Retail | Fashion/textiles | We will carefully consider the environment and human rights throughout the business value chain in this area, and are improve the value and reliability of the entire value chain. | Disseminate our Sustainable Supply Chain Policy and raise awareness for the environment and human rights in our business supply chain. |
|
Our Sustainable Supply Chain Policy has been sent to all suppliers and been made known. |
|
Lifestyle | Wellness | Hospital/clinic business | To meet the rapidly increasing demand for medical care in countries centered on Asia, against a backdrop of population growth, expansion of middle-income group, aging population, changes in disease patterns, etc., we will strive to improve people's health through improved access to medical care. By achieving value-based healthcare*, we will contribute to the sustainable development of the medical system. * In value-based healthcare, each stakeholder aims to maximize outcomes and optimize costs to provide high-value medical care to patients. |
Improve access to quality medical care in countries centered on Asia, and achieve Value-Based Healthcare. |
|
|
|
Innovation & Corporate Development | IT & Communication | IT Service and Cyber Security | We will contribute to the creation of prosperous and safe lifestyles through the utilization of ICT in fields such as DX and cybersecurity. | Expand existing businesses, including realizing DX for customer companies and providing cybersecurity services. | Expand the scale of business and create new businesses. |
|
|
Innovation & Corporate Development | IT & Communication | Healthcare utilizing DX | We will contribute to the creation of prosperous and safe lifestyles through healthcare IT business. | Provide advanced healthcare IT services by expanding current businesses. | Expand the scale of business and create new businesses. |
|
|
Innovation & Corporate Development | Corporate Development | Real Estate asset management | We will provide solutions for longstanding social issues in the U.S., where the aging and nuclearization of society is reaching an advanced stage, through the ownership and operation of senior living properties. | Raise awareness of our senior living properties as an option for U.S. seniors to spend an enriching old age and contribute to build pleasant regional communities. |
|
|
Create an eco-friendly society
Please scroll horizontally to look at table below.
SDGs targets(s) |
Segment | Business unit | Business field | Response to issues | Target (assuming a date by 2030) |
Actions and performance indices for achieving the target |
Current status/progress |
---|---|---|---|---|---|---|---|
|
Mineral & Metal Resources | Mineral & Metal Resources | Mineral and metal resources business development | We will contribute to the achievement of a society that is in harmony with the environment by supplying mineral and metal resources that support a decarbonized society and by reducing environmental burdens in the resource industry. | Promote businesses to reduce environmental impact, including greenhouse gas reduction. |
|
|
|
Mineral & Metal Resources | Mineral & Metal Resources | Environmental measures/metal and battery recycling businesses | We will contribute to achieve a circular economy through our metal and battery recycling businesses. | Expand our metal and battery recycling businesses that contribute to the promotion of a circular economy. | Promote and expand metal and battery recycling business. |
|
|
Energy | Energy Segment | Energy solutions | We will contribute to the achievement of a decarbonized society by utilizing our accumulated knowledge inside and outside our Company in our business domains. |
|
|
We participate in and promote distributed renewable energy, energy management business, carbon-free LNG/biofuel/next-generation fuel supply, and CO2 Capture and Storage ("CCS") businesses. Our main projects are listed below.
We have created an individual procurement policy for timber, which is recognized as a product that has a significant environmental and social impact. |
|
Machinery & Infrastructure | Infrastructure Projects | Centralized RE/distributed power generation | We will construct, develop, and operate an RE power supply that can help reduce GHG emissions through decarbonization. | Achieve an RE ratio of 30%. |
|
In April 2022, we invested in Mainstream Renewable Power Limited, a leading renewable energy operator engaged in onshore and offshore wind and solar power projects mainly in Latin America and Africa. The company is aiming to develop 25 GW over the next 10 years. |
|
Machinery & Infrastructure | Infrastructure Projects | Social environment infrastructure business | We will solve water problems and contribute to the sustainable growth of society through water production and water and sewage treatment. |
|
|
Through MITinfra in Mexico, we are helping to improve the living environment of local residents, solve water resource shortages, and achieve sustainable corporate activities through the water and sewage treatment business and wastewater treatment business for industrial customers. We are also considering and promoting new initiatives. |
|
Machinery & Infrastructure | Infrastructure Projects | General power/new areas/services | We will provide and utilize decarbonized and environment-related products in initiatives for decarbonization and carbon neutrality in new business areas, mobility, and other business areas such as steelmaking, chemicals, and food, thereby contributing to decarbonization and carbon neutrality in the world. | Promote and expand our decarbonization efforts utilizing our comprehensive strengths. |
|
|
|
Machinery & Infrastructure | Mobility I | Manufacture and sale of EV/FCV buses | We will work to popularize transportation vehicles that have a low environmental impact and that can contribute to the realization of a decarbonized society. | Establish a service provision system for low environmental impact transportation vehicles such as EVs and FCVs. |
|
Caetano Bus, S.A., a Portuguese bus manufacturing and sales company in which we have invested, manufactures and sells EV buses that have a low environmental impact. These have been used as route buses in London since 2020, and in 2023, it has received orders for FC buses for Deutsche Bahn, Bolzano, Italy, and Strasbourg, France, and is expanding sales. In addition, starting in 2022, it has been working with Portugal based Galp and France based VINCI to replace traditional combustion-engine buses and airport operation vehicles with ZEVs at Portugal airports. |
|
Machinery & Infrastructure | Mobility II | Shipping | We will provide high-quality, environmentally friendly, competitive ships and services to meet the ever-expanding demand for marine transportation as the world economy grows. |
|
|
|
|
Chemicals | Basic Materials | Covering all business areas of the Business Unit (Gas Chemicals Business/Basic Chemicals Business/Performance monomer/Tank Terminal Business) |
We will realize a decarbonized society and a circular economy. | Create business and strengthen initiatives in the areas of emission management and recycling. | Work on manufacture and sale of low-carbon products. Develop fuel ammonia and various recycling businesses. | We are currently developing a variety of low-carbon methanol and ammonia projects. We are also in the process of constructing a PET recycling plant. |
|
Chemicals | Performance Materials | Manufacturing and distribution | We will work to procure and provide safe and secure products to achieve a sustainable society through environmental protection. | Disseminate our sustainable supply chain policy throughout our supply chain. | Monitor the implementation status of each individual procurement policy. | We have formulated individual procurement policies for timber, paper products and natural rubber, which we recognize as products which are required to be in line with the protection of the natural environment when effectively utilizing forest resources. |
|
Chemicals | Performance Materials | Clean energy business | We will work to accelerate energy transformation and promote clean energy (such as hydrogen) to help achieve a carbon-free society. | Achieve the decarbonization of the mobility sector, particularly in commercial vehicles, by building a value chain for fuel cell electric vehicles (FCEVs) and hydrogen production and supply. | Enhance collaboration with partner companies and expand the hydrogen supply chain. | We are investing in compressed hydrogen gas tank systems, battery systems/vehicle integration business and hydrogen station developers and operators, green hydrogen business as well as providing business support. |
|
Chemicals | Performance Materials | Forestry resources | We will contribute to the reduction of greenhouse gases and work to conserve biodiversity. | Contribute to greenhouse gas reduction by tree planting and comply with forest certification. | Establish greenhouse gas reduction projects through tree planting and maintain forest certification for our forestry assets. |
|
|
Chemicals | Performance Materials | Materials and products business | Through our materials and products business, we will contribute to the achievement of a carbon-free and recycling-oriented society. | Develop and recycle environmentally friendly materials and products. Create and enhance other recycling-oriented businesses. | Develop and market low-environmental impact materials and products with partner companies, and develop and provide solutions including the construction of circular business models. |
|
|
Iron & Steel Products | Iron & Steel Products | Renewable energy | We will work on the manufacture, maintenance and repair of infrastructure for renewable energy. | Help spread the use of renewable energy through the manufacture of equipment used in onshore and offshore wind turbine towers, as well as the establishment of inspection and repair business for tower materials and equipment. | Expand the services that we handle and the areas that these cover. |
|
|
Lifestyle | Food | Trading/business investment initiatives | We will contribute a circular economy by creating existing business and new business models. |
|
|
|
|
Lifestyle | Retail | Food retail | We will reduce the environmental burden in the food distribution value chain. |
|
|
|
|
Innovation & Corporate Development | IT & Communication | IT Service | We will contribute to realize the decarbonized society utilizing IoT and Cloud technology. | Contribute to realize the decarbonized society by reducing energy consumption through the utilization of IoT and cloud technology, and to optimize the air conditioning of spaces. | Increase the number of companies that have introduced services and the scale of air conditioning assets owned. |
|
|
Innovation & Corporate Development | Corporate Development | Commodity derivatives | We will contribute to realize the low-carbon society through transactions involving derivatives such as power certificates and emissions credits that contribute to the carbon management of customers in Japan and overseas, and by demonstrating optimization functions. | Realize concrete progress on customers' carbon management plans by demonstrating carbon management functions that meet customers' needs. |
|
We are expading trading functions and expand their customer base at Environment & Energy Sales Department of The Commodity Markets Division's and Mitsui Bussan Commodities Ltd. |
|
Create an eco-friendly society | Corporate Development | Financial, Asset Management | Contribute to the creation of an eco-friendly society by funding sustainable infrastructure initiatives. | Build an asset management portfolio focused on renewable energy and peripheral business areas. | Identify and accumulate examples of funding in countries in which the Fund invests. | We are currently considering several sustainable infrastructure businesses for investment. |
Develop talent leading to value creation
Please scroll horizontally to look at table below.
SDGs targets(s) |
Segment | Business unit | Business field | Response to issues | Target (assuming a date by 2030) |
Actions and performance indices for achieving the target |
Current status/progress |
---|---|---|---|---|---|---|---|
|
Corporate Staff | Corporate Staff | Workforce management (managing workplace environments) | We will create frameworks for new value creation through the advancement of work style innovation. | Aim to raise the competitiveness of the entire group and provide new value to society by cultivating environments that enable each employee to become more productive, handle the uncertainty generated by constant environmental changes, and demonstrate their capabilities to the fullest. |
|
|
|
Corporate Staff | Corporate Staff | Diversity management | Our aim is for each of our employees, regardless of employment location, gender, or any other individual characteristics, to recognize and fully leverage each other's diverse backgrounds and abilities to bring new value to our business. | Realize diversity and inclusion. |
|
|
|
Corporate Staff | Corporate Staff | Human resources development | We will place the Mitsui & Co. global group's diverse pool of competent individuals into the right positions at the right time and cultivate and utilize business management talent. | Cultivate personnel who can take on global group management and facilitate change and growth. |
|
|
|
Corporate Staff | Corporate Staff | Health management,Occupational Health and Safety | We will develop workplace environments in which employees can continue to work healthily and safely, without falling into patterns of chronic overwork, so that they can fully demonstrate their capabilities and continue to strengthen the competitiveness of the Mitsui & Co. group. | Steadily promote occupational health and safety and health management throughout the global group. |
|
|
Build an organization with integrity
Please scroll horizontally to look at table below.
SDGs targets(s) |
Segment | Business unit | Business field | Response to issues | Target (assuming a date by 2030) |
Actions and performance indices for achieving the target |
Current status/progress |
---|---|---|---|---|---|---|---|
|
Corporate Staff | Corporate Staff | Integrity and compliance | We will raise integrity awareness, including ensuring compliance among all officers and employees. | Revitalize the organization and improve reputation through policies that address issues. |
|
|
|
Corporate Staff | Corporate Staff | Corporate governance and internal controls | We will raise the transparency and fairness of management, enhance corporate governance, and establish and improve internal controls. |
|
|
|
|
Corporate Staff | Corporate Staff | Risk management | We will contribute to the advancement of sustainable business activities by identifying and managing the various risks surrounding the group's business. | Establish and maintain a comprehensive risk management structure to integrate groupwide risk management. |
|
We identify company-wide material risks across our organizations and implement measures to control risks. The Chief Operating Officers of each business unit and regional business unit are responsible for managing risks in their business domain within the authorization delegated to them as part of the performance of their duties. Meanwhile, the corporate staff divisions provide support to business units and regional business units regarding the aspects of risk management that they are in charge of while also monitoring the company-wide position and reporting to management. In addition, advisory bodies to the Corporate Management Committee and the major committees under them, develop and maintain risk management structures on a company-wide basis and handle material risks. We have also established an integrated risk management system, centered on the Corporate Management Committee and its advisory body, the Portfolio Management Committee, that centrally manages company-wide risks. The Corporate staff divisions, which serve as the secretariat, manage risks from a company-wide perspective, and coordinate with related divisions to identify material risks in light of their frequency of occurrence, expected damage scale and company-wide risk tolerance, while taking appropriate measures. In the fiscal year ended March 2023, these efforts were reported to the Corporate Management Committee and the Board of Directors after discussions by the Portfolio Management Committee. |