Mitsui & Co.’s Materiality
Identification and Review of Materiality
In 2015, Mitsui & Co. identified its Materiality, which consists of five key material issues in areas that are important for our stakeholders and have significant implications for our business management. As the importance of sustainability has been growing globally as expressed in the environmental, social, and governance (ESG) aspects and the SDGs, and mega-trends with the potential to impact our business activities are changing rapidly, we have reviewed our Materiality and re-identified five new material issues in 2019.
Mitsui & Co.’s Materiality
Mitsui & Co. prioritizes and focuses on sustainability in its corporate management. We have identified Mitsui’s material issues (“Materiality”) for the sustainable growth of both society and the company, with the aim of meeting the expectations and trust of a variety of stakeholders and pursuing our corporate mission, “Build brighter futures, everywhere.”
We link our Materiality with the United Nations Sustainable Development Goals (SDGs), in promoting our initiatives and activities, in order to work towards the SDGs’ 17 goals.
We have established Materiality Action Plans which set out specific policies, targets, initiatives, and current status regarding each materiality for each organization and we manage and disclose progress based on these plans.
Secure sustainable supply of essential products
Ensure the sustainable and stable supply of resources, materials, food and manufactured products that are vital for the development of society.
Enhance quality of life
Contribute to the betterment of living standards and the development of local industries to realize sustainable societies globally.
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.
Develop talent leading to value creation
Respect diversity and develop human resources with the competence to create innovation and new value.
Build an organization with integrity
Strengthen our governance and compliance as a corporate group trusted by society.
Materiality and Management Strategy
The materiality and its relationship to the "Key Strategic Initiatives" and "Corporate Strategy" of the Medium-term Management Plan 2026 are as follows.
Please scroll horizontally to look at table below.
| Materiality | Relation to the Medium-term Management Plan 2026 | |||||||
|---|---|---|---|---|---|---|---|---|
| Key Strategic Initiatives*1 | Corporate Strategy*2 | |||||||
| IBS | GET | WEC | CS 1 | CS 2 | CS 3 | CS 4 | CS 5 | |
| Secure sustainable supply of essential products | ● | ● | ● | ● | ● | |||
| Enhance quality of life | ● | ● | ● | ● | ● | |||
| Create an eco-friendly society | ● | ● | ● | ● | ● | |||
| Develop talent leading to value creation | ● | ● | ● | |||||
| Build an organization with integrity | ● | |||||||
- *1 IBS:Industrial Business Solutions、GET:Global Energy Transition、WEC:Wellness Ecosystem Creation
- *2 CS 1:Enhancement of ability to make global, cross-industry proposals , CS 2:Promotion of “Create, Grow, Extend” , CS 3:Deeper sustainability management , CS 4:Strengthening of group management capability , CS 5:Promotion of globally diverse individuals
