Mitsui & Co.’s Stakeholders
Mitsui & Co. places emphasis on interacting with and having dialogue with society. For this reason, we closely assess the effects of our diverse and global business activities on society and identify and acknowledge stakeholders of particular interest.
In particular, we are committed to the development of relationships based on mutual trust with a diverse range of stakeholders, including local communities, business associates & consumers, NPOs & NGOs, employees, shareholders & investors, and government bodies, through proactive information disclosures and continual communication with our stakeholders.
Through interactive communication with stakeholders, each of Mitsui's employees and officers is endeavoring to acquire a firm understanding of what society expects from and requires of Mitsui. Based on this understanding, we strive to respond to changes in market environments, and constantly evolve to create new value through our business activities by exercising our unique capabilities, and thereby contribute to the realization of a sustainable society.
Please scroll horizontally to look at table below.
|Local Communities||We contribute to the sustainable growth and development of societies and economies through our wide-ranging business activities and society-centric contribution activities in countries and regions throughout the world. We also aim to achieve harmonious coexistence with local communities through contributions in such areas as local industry development, creation of employment opportunities, infrastructure development, enhancement of the quality of life of local residents, and the improvement of educational environments.|
|Business Associates & Consumers||We identify the needs and expectations of our business associates and consumers, supply safe and reliable products and services, disclose accurate corporate information, and take measures to address problems in supply chains.||
|NPOs & NGOs||We pursue solutions for environmental and societal issues through networking and collaboration with various NPOs and NGOs. Through the Mitsui & Co. Environment Fund, we provide support for research and initiatives by NPOs and NGOs that are working to solve environmental problems.||
|Employees||In order to support our diverse group of employees to work energetically and exert their capabilities, we strive to carry out diversity management by enhancing workplace environment, developing various internal rules, providing human resources development programs, and placing the right people in the right positions. We are committed to being an organization with integrity on a global group basis with each employee possessing a high level of awareness of compliance.||
|Shareholders & Investors||We strive for continuous improvement of our corporate value and appropriate market recognition by realizing transparency and accountability in management with timely and accurate disclosure of information, and by engaging in interactive communication with shareholders and investors.||
|Government Bodies||We are committed to complying with related laws and regulations formulated by government agencies and local governments of Japan and the countries and regions where we engage in business activities. Furthermore, through cooperation with governmental agencies and local governments, we propose and promote business projects that align with their policies and make efforts to contribute to the development of nations and industries in a way unique to Mitsui.||
Stakeholder Dialogue with NPOs/NGOs
Mitsui & Co. holds stakeholder dialogue sessions regularly each year. These are forums where outside experts can discuss issues with us, so that the opinions of our various stakeholders can be reflected in our business activities.
In December 2020, Mr. Yasushi Hibi, Managing Director of Conservation International (CI) Japan (an international NGO), and Dr. Naoki Adachi, CEO of Response Ability Inc., attended. A stakeholder dialogue was held under the theme of the further promotion of sustainability management and ESG, which is one of the corporate strategies in our Medium-term Management Plan.
In the stakeholder dialogue, we mainly discussed climate change, business and human rights, and the circular economy, which are important sustainability issues during the term of the Medium-term Management Plan. On the subject of our response to climate change, Mr. Hibi said that an issue for the future is how much we can bring forward the achievements of our targets before 2050. He wants us to keep this issue of target achievement acceleration in mind while we tackle climate change. On the subject of business and human rights, Mr. Hibi raised some questions from the perspective of an NGO that has partnerships with businesses. In his opinion, small-scale farms need much more detailed responses than large-scale ones. He suggested that we consider a response in combination with our social contribution support.
Dr. Adachi, from his perspective as a consultant specializing in CSR procurement (supply chain management), said that regarding business and human rights, we should widen the scope of our supplier survey questionnaires to cover more suppliers. He added that the value provided by the middleman is a competitive strength. He said he wanted us to aim to be a producer of sustainability. On the subject of the circular economy, he said that it is also an economic policy. Dr. Adachi wanted us, working in our general trading company with an extensive portfolio, to view the circular economy as something that will lead us to create new business, to develop sustainable business models with our comprehensive strength, and make the shift to the circular economy. Dr. Adachi also commented that environmental issues need to be addressed, and recommended that he wanted us to draw on the ideas and opinions of young people, and come up with new businesses from a fresh perspective.
In dialogue with stakeholders, although NGOs / NPOs and corporations have differing positions, all are looking towards the same goal of realizing a sustainable society. Through this exchange of ideas and opinions, we reaffirmed the importance of such dialogue in progress towards sustainability.