Mitsubishi Corporation (MC), since its establishment, has held the Three Corporate Principles as its core philosophy, and aims to contribute to the sustainable development of society by conducting its global business activities with integrity and fairness in line with these principles.
The need to find solutions to the challenges facing the global environment and society is becoming more urgent, and expectations upon the private sector to be part of those solutions to societal issues such as climate change, human rights, and biodiversity are increasing year by year.
In Oct 2021, MC formulated its “Roadmap to a Carbon Neutral Society” in which we declared our goal of achieving a carbon neutral society, fulfilling our responsibility as an active player in industries including resources and energy by maintaining stable energy supply while providing decarbonization solutions.
In this Roadmap, in addition to committing to halve GHG emissions by FY2030 (FY2020 baseline) and to achieve Net Zero by 2050, we have also established “Integrated EX (Energy Transformation)/DX (Digital Transformation) initiatives to ’Create a New Future’” as a common theme for company-wide business promotion.
Furthermore, in Midterm Corporate Strategy 2024, we defined and announced our goal of creating "MC Shared Value (MCSV)" as the continuous creation of significant shared value by enhancing the MC Group’s collective capabilities in order to address societal challenges.
In addition, we also announced the redefinition of our "Materiality" as the eight crucial societal issues that the MC Group will prioritize through our business activities. We intend to continuously create MCSV by addressing the societal issues laid out in our Materiality, including ‘Contributing to Decarbonized Societies’, while pressing ahead with our growth strategies such as utilizing integrated EX/DX initiatives.
Lastly, as a company that has continued to grow alongside the society by developing business in response to the needs of the changing times, it is vital for MC to collaborate and grow together with its diverse stakeholders. With this in mind, we have established the position of Chief Stakeholder Engagement Officer (CSEO) in April 2023, and I have been appointed.
By engaging with our increasingly diverse stakeholders interactively and continuingly, we aim to grow sustainably through the creation of MCSV by incorporating third-party perspectives into our growth strategies.
Kenji Kobayashi
Senior Vice President
Corporate Functional Officer, CSEO