The indexes in which MC is included as well as evaluations from ESG rating agencies are as follows.
Going forward, MC will continue to heed sincerely the feedback from our stakeholders and reflect this feedback onto our measures and initiatives, while at the same time working to further expand our disclosure of both financial and non-financial information including ESG.
MC has been included in the FTSE4Good Index Series and the FTSE Blossom Japan Index, both provided by FTSE Russell, as of June 2018. And MC also has been included in the FTSE Blossom Japan Sector Relative Index which provided by FTSE Russell as of April 2022.
Those indexes are used by a wide variety of investors as a reference to evaluate the Environmental, Social and Governance (ESG) performance of companies.
Furthermore, the FTSE Blossom Japan Index is one of the ESG indices selected by Japan's Government Pension Investment Fund (GPIF) for Japanese equities.
We have been selected for the MSCI Nihonkabu ESG Select Leaders Index.The MSCI Nihonkabu ESG Select Leaders Index is a free float-adjusted market capitalization-weighted index designed to represent the performance of companies that are selected from the MSCI Nihonkabu Investable Market Index (Parent Index) based on Environmental, Social and Governance (ESG) criteria. These criteria exclude constituents based on involvement in specific business activities, as well as ESG ratings and exposure to ESG controversies. The Index construction has a target coverage of 50% by number of securities in each Global Industry Classification Standard (GICS®) sector of the Parent Index by selecting constituents primarily based on criteria including the ESG rating and the company's industry adjusted ESG score.
The MSCI Japan ESG Select Leaders Index was adopted by GPIF as its latest passive ESG investment management benchmark, and Mitsui has met the selection criteria for the index and is selected as a stock.
MC has responded to CDP (formerly the Carbon Disclosure Project), a global platform to which companies disclose information on climate change, since 2003.
CDP Climate Change evaluates how companies are responding to the risks and opportunities associated with climate change.
In FY2023, MC received a score of A- (Disclosed).
CDP Water evaluates companies' water stewardship efforts.
In FY2023, MC received a score of B.
CDP Forests evaluates how companies are managing the risks associated with deforestation in their supply chain.
In FY2023, MC received a score of B.
In January 2017, MC received the Platinum Kurumin Certification from the Ministry of Health, Labour and Welfare. The Platinum Kurumin Certification is awarded to Kurumin-certified companies that have implemented measures to support employees’ childcare needs at a higher standard.At MC, childcare benefits include both maternal welfare and childcare support. MC has been working to create processes as well as an environment that supports employees with children. Specifically, MC has ensured that its Maternity/Paternity Leave exceeds Japan’s minimum legal requirements, and has introduced other measures to help employees returning from Maternity/Paternity Leave to comfortably balance their parenting and work responsibilities. These include a flex-time system as well as shortened or staggered work hours. MC has also made it easier for male employees to take advantage of these benefits, such as by lifting the restriction that previously did not allow employees’ spouses access to full-time childcare, and also by introducing MC’s Paid Spousal Childbirth Leave. As a result of these and other measures to support work-life balance, MC has received Kurumin certification from the Ministry of Health, Labour and Welfare continuously since 2008, in recognition of the action plan it has formulated and implemented to support employees’ childcare needs.
In January 2017, MC received L-boshi (second level) certification from the Ministry of Health, Labour and Welfare as an outstanding enterprise in promoting women’s participation and career advancement.
MC’s initiatives on Safety and Health continue to be recognized under the Certified Health & Productivity Management Outstanding Organizations Recognition Program’s "White 500".
