Mitsui & Co.’s Materiality
Enhance quality of life
Contribute to the betterment of living standards and the development of local industries to realize sustainable societies globally.
Recognition of Societal Issues
Mitsui recognizes the importance of creating a global sustainable society through our contributions to the improvement of living standards, community development, sustainable infrastructure development, the transition to a sharing economy, the improvement of educational environments, and the creation of employment opportunities in the countries and regions where we engage in business. We also place great importance on the creation of society in which people can enjoy healthy and psychologically fulfilling lives. Furthermore, as a company that has built diverse value chains in countries and regions throughout the world, we recognize respect for human rights under international standards as the foundation for sustainability management.
- Infrastructure development in developing and emerging countries
- Aging infrastructure in developed countries
- Transition to the sharing economy
- Health maintenance, provision of healthcare, nursing, and welfare services, consideration for indigenous peoples in relation to resource development and other activities
Major Risks and Opportunities
- Reputational damage resulting from safety and health problems affecting infrastructure users
- Decline in competitiveness due to the diversification of information dissemination methods and fund procurement means
- Decline in service standards and other issues due to a shortage of healthcare personnel
- Development of sustainable infrastructure for improvement of living standards in developing and emerging countries
- Business expansion through the development of the sharing economy and healthcare eco-systems
- The creation of social infrastructure development markets based on ICT use in response to the trend toward smart cities
- Development of new business based on the utilization of alternative financing methods, such as crowd funding and block chain systems
- Service improvement through the securing of healthcare human resources
- Market expansion by meeting diversifying consumer needs
Mitsui & Co.’s Approach
Please scroll horizontally to look at table below.
|Theme||Related SDGs||Initiatives by Mitsui & Co.||Related policies and guidelines||Identifying material topics in GRI|
|Enhancement of Quality of Life and Social Infrastructure||As a company engaging in business operations in various countries and regions worldwide, we continue contributing to the enhancement of quality of life through the development of local and social infrastructures that are essential for sustainable growth and development, promotion of various projects in relation to, in particular, electric power, water treatment, water supply and sewerage, logistics, railroads, communications, and a shift to a sharing economy.||Indirect Economic Impacts|
|Responding to Health Needs and the Needs of an Aging Society||Mitsui has responded to the global trend towards the aging of the population by developing senior housing business and providing basic healthcare and other services geared toward a changing disease structure. In Asia, where healthcare demand is expected to expand rapidly due to population growth, economic expansion, and demographic aging, we are strengthening our business base centered on hospitals, which we see as core elements in the healthcare eco-system. Other priority areas include building up of hospital ancillary service business, an area with strong growth potential, and development of new business, such as prevention, disease management, remote healthcare and personalized medicine through digital transformation and introduction of innovative technologies. We will contribute to the advancement of healthcare from the perspectives of accessibility, quality and efficiency.||Indirect Economic Impacts|
|Responding to Increasingly Diverse Consumer Demand||With new needs and markets emerging along with a growing population and diversification of life styles, and global, diverse consumers gaining more power and their way of thinking being personalized in various ways, we are providing products and services that meet diverse consumer needs.||Indirect Economic Impacts|
|Social Contribution Activities||In partnership with local communities, we promote initiatives that are aimed at local community revitalization.
We strive to build better mutual understanding between Mitsui and the young people who will lead the next generation in various countries and regions where Mitsui operates its business by providing Mitsui-endowed lecture programs at universities and training programs in Japan, as well as through provision of scholarships. In addition, we engage in activities to allow these young people to broaden their horizons and knowledge as next-generation global leaders, and to build various networks.
In Mitsui’s forests at 74 locations (approximately 44,000 hectares) throughout Japan, we implement multifaceted initiatives under our Forest Management Policy.
Furthermore, we operate the Mitsui & Co. Environment Fund to support university research, and NPO/NGO activities targeted toward solving environmental problems.
|Respect for Human Rights||As a company engaging in business activities in many countries and regions around the world, we set our basic CSR policy as “to strive to understand the culture, traditions, and customs in each country and region and respect human rights based on international standards.”
As an example of our initiatives regarding indigenous peoples, in Japan we have signed an agreement in relation to Mitsui’s forests with the Biratori Ainu Association and the town of Biratori in Hokkaido, providing for cooperation in protection and fostering of Ainu traditional culture for future generations.
To raise the awareness of the management and employees regarding respect for human rights, we conduct e-learning and seminars, and implement measures to spread understanding of the UN Global Compact throughout the organization.
|Rights of Indigenous Peoples|
|Human Rights Assessment|
Our healthcare ecosystem project is a business for realizing sustainable healthcare development.
We aim to provide the best possible medical treatment for as many people as possible.