MC became a signatory to the UN Global Compact (UNGC) in 2010, and has engaged at the Participant level as of the year ended March 2019. The UNGC has laid out a set of universal principles for signatories to observe, organized into the four fields of human rights, labor standards, environment and anti-corruption. MC has declared its support for the principles, and is promoting initiatives in each field in the spirit of the Three Corporate Principles. Furthermore, MC is an executive member of the Global Compact Network Japan, which was launched as a local network in Japan in 2003. We actively participate as part of our stakeholder engagement activities aimed at understanding the external environment and fostering collaboration with other companies.
| Human rights | Principle 1Businesses should support and respect the protection of internationally proclaimed human rights; and Principle 2make sure that they are not complicit in human rights abuses. |
|---|---|
| Labor | Principle 3Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; Principle 4the elimination of all forms of forced and compulsory labor; Principle 5the effective abolition of child labor; and Principle 6the elimination of discrimination in respect of employment and occupation. |
| Environment | Principle 7Businesses should support a precautionary approach to environmental challenges; Principle 8undertake initiatives to promote greater environmental responsibility; and Principle 9encourage the development and diffusion of environmentally friendly technologies. |
| Anti- corruption |
Principle 10Businesses should work against corruption in all its forms, including extortion and bribery. |
MC has been a member of the World Business Council for Sustainable Development (WBCSD)*The World Business Council for Sustainable Development (WBCSD) is an international organization working to promote sustainable development. It has approximately 200 member companies representing a broad range of industries from more than 30 countries.* since the organization’s founding in 1995. Through its participation in a wide variety of WBCSD initiatives, MC shares information and best practice with other leading companies and works to apply those learnings to its business practices.
The TCFD was launched by the Financial Stability Board with the aim of enabling financial markets to properly assess climate-related risks and opportunities, creating a framework for the voluntary disclosure of information that companies should disclose to the market. MC recognizes the importance of climate-related disclosures and supports the recommendations made by the TCFD. MC continues to strive to expand its disclosures in line with these recommendations.
Please click here for details on MC’s disclosures in line with the TCFD.
