Mitsui & Co. originally defined its materiality, consisting of five material issues, in 2015. We reviewed our materiality and re-identified five new material issues in 2019, and now we have conducted a further review, also incorporating the perspective of double materiality*, to ensure that our recognition of social issues is in line with the ever-changing operating environment.

In this review, we identified key social issues, referencing international guidelines, ESG rating criteria, and the SDGs, and evaluated their significance from the perspective of risks and opportunities in our business by surveying business partners, institutional investors, and employees and officers, and through dialogue with a wide range of stakeholders, including with external experts. As a result, we identified 15 social issues of high importance to our stakeholders and our company and that we will work to resolve on a priority basis, mapping them on two axes: impact of companies on society the environment and society, and the impact of the environment and society on the company. We grouped these 15 social issues and reviewed their materiality. Following discussions with the Sustainability Committee, the new materiality was approved by the Executive Committee and the Board of Directors.

Going forward, we will continue to review our approach as needed, taking into account factors such as changes in the external environment, to ensure that we address social issues relevant to the times.

*The concept of considering importance to the company from two perspectives: the financial impact the environment and society has on a company, and the impact of corporate activities on the environment and society.

Flowchart for Identification and Review of Materiality