Sustainability Report 2019

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Sustainability Report 2019 2019 Sustainability Report Contents Editorial Policy 2 Human Resources to Translate into Assets 76 Environment 38 Company 3 Recruitment of Human Resources 77 Promoting the Environmental Management 39 Message from the Chairperson of the Sustainability Committee 4 Human Resources Development 78 Responding to Climate Change 45 Corporate Mission Vision Values 5 Appropriate Appointment and Allocation of Personnel 81 Responding to Water Resource Problems 48 Promoting Diversity & Inclusion 83 Sustainability at Mitsui & Co. and the Management Framework 6 Resource Recycling Initiatives 49 Creating an Environment in which Every Individual 86 Interactive Communication with Mitsui & Co.’s Stakeholders 9 Initiatives against Environmental Pollution 50 Can Achieve Their Full Potential Participation in Initiatives 12 Environmental Performance Data 51 Health Management, Occupational Health and Safety Initiatives 91 Mitsui & Co.’s Materiality 15 Reducing Impacts on Biodiversity, 56 Creating New Value 98 and Promoting the Conservation and Recovery of Ecosystems Identification and Review of Materiality 16 Data of Personnel Affairs 100 Secure sustainable supply of essential products 18 Enhance quality of life 21 Social 57 Create an eco-friendly society 25 Governance 104 Sustainable Supply of Resources, Energy, Materials, Food and Products 58 Develop talent leading to value creation 29 Integrity and Compliance 105 Supplying Food and Products with Ensured Safety and Security 60 Build an organization with integrity 33 Corporate Governance and Internal Controls 110 Enhancement of Quality of Life and Social Infrastructure 61 CCO Interview 37 Risk Management 113 Responding to Health Needs and the Needs of an Aging Society 63 Promotion of Supply Chain Management 116 Responding to increasingly Diverse Consumer Demand 65 Social Contribution Activities 66 Evaluation by Society 122 Respect for Human Rights 75 Independent Practitioner’s Assurance Report 124 Link buttons Cover Photo: Mitsui & Co. has defined Mitsui’s material issues (“Materiality”) for the company to focus on, 2019 Sustainability Report Link to website with the aim of meeting the expectations of a variety of stakeholders and contributing to the creation of a future where the aspirations of the people can be fulfilled, as set out in our corporate mission. The images shown on the cover mainly represent the Mitsui’s Materiality outlined in Link to related information the Our Stories pages of this year’s Report. 1 Editorial Policy We publish our Sustainability Report with the aim of delivering an explicit message to our stakeholders Scope of Coverage in the Sustainability Report: that Mitsui & Co. commits to creating new values through a wide range of business activities, and Mitsui and major consolidated subsidiaries and associated companies. The scope of coverage for numeri- contributes to societal and corporate sustainability. cal data is provided individually in appended notes. As an annual report that complements the Integrated Report, our Sustainability Report 2019 emphasizes comprehensiveness and continuity, and provides detailed environmental, social, and Covered Period: The Sustainability Report 2019 mainly covers our initiatives carried out in the period from April 2018 to governance (ESG) information. Furthermore, in accordance with Mitsui & Co.’s Materiality, which was newly March 2019 (the fiscal year ended March 2019), as well as part of our policy and action plans for the fiscal identified in April 2019, we associated such ESG information with the 17 goals and 169 targets of the year ending March 2020. United Nations Sustainable Development Goals (SDGs) and reported our activities in line with the ESG factors. We also introduced actual examples of how we are generating new value that provides solutions Independent Practitioner’s Assurance to societal issues for each Materiality in the “Our Stories” pages. The “★” logo indicates that the sustainability information concerned has been given limited assurance, for On our websites, we focus on ensuring convenient browsability and searchability of information the purpose of increasing its reliability, by Deloitte Tohmatsu Sustainability Co., Ltd. in its independent related to sustainability, and have posted our ESG policies and data, as well as a GRI standards comparison practitioner’s assurance report. chart. Our websites also provide details of our social contribution activities to complement the information contained in the Sustainability Report 2019. Publication Date: August 2019 (Previous publication date: August 2018; next publication scheduled for August 2020) Sustainability Guidelines Our Sustainability Report has been prepared in accordance with the Core option of the GRI Sustainability Reporting Standards. GRI Standards Comparison Chart Environmental Accounting Guidelines (2005 version) established by the Ministry of the Environment of Japan ISO26000 (Guidance on Social Responsibility) Published by: Sustainability Committee, Mitsui & Co., Ltd. Contact: Corporate Sustainability Division, Mitsui & Co., Ltd. 1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8631, Japan Nippon Life Marunouchi Garden Tower A Cautionary Note on Forward-Looking Statements This material contains statements (including figures) regarding Mitsui & Co., Ltd. (“Mitsui”)’s corporate strategies, objectives, and views of future developments that are forward-looking in nature and are not simply reiterations of historical facts. These statements are presented :+81(3)3285-1111 to inform stakeholders of the views of Mitsui’s management but should not be relied on solely in making investment and other decisions. You should be aware that a number of known or unknown risks, uncertainties and other factors could lead to outcomes that :+81(3)3285-9030 differ materially from those presented in such forward-looking statements. : www.mitsui.com/jp/en/sustainability/ These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui’s latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements. 2 Company Corporate Profile(As of March 31, 2019) Company Name Major Business Areas Organization Chart( As of April1, 2019) MITSUI & CO., LTD. Utilizing our global operating locations, network and information resources, we are multilaterally pursuing business that ranges from General Meeting of Shareholders Date of Establishment product sales, worldwide logistics and financing, through to the July 25, 1947 Audit & Supervisory Board Member Audit & Supervisory Board development of major international infrastructure and other projects in Board of Directors Head Office the following fields: Iron & Steel Products, Mineral & Metal Resources, Audit & Supervisory Board Member Div. 1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8631, Japan (registered Infrastructure Projects, Mobility, Chemicals, Energy, Food, Food & Retail Management, Healthcare & Service, IT & Communication Business, head office location) President & Chief Executive Officer Corporate Management Committee Nippon Life Marunouchi Garden Tower Corporate Development Business. Internal Auditing Div. (Head Quarter Business Units) 3-1, Ohtemachi 1-chome, Chiyoda-ku, Tokyo 100-8631, Japan Iron & Steel Products Business Unit JA Building Our Business Secretariat Mineral & Metal Resources Business Unit Business areas Human Resources & General Affairs Div. Infrastructure Projects Business Unit Representative Legal Div. Mobility Business Unit I Tatsuo Yasunaga, President and Chief Executive Officer Corporate Logistics Div. Mobility Business Unit II Number of Affiliated Companies for Consolidation New Head Office Building Development Dept. Basic Materials Business Unit Common Stock Subsidiaries: Japan 70 Overseas 208 Corporate Planning & Strategy Div. Performance Materials Business Unit ¥341,481,648,946 Equity Accounted Investees: Japan 45 Overseas 168 Mitsui & Co. Global Strategic Studies Institute Nutrition & Agriculture Business Unit Investment Administrative Div. Energy Business Unit I Number of Employees Information Technology Promotion Div. Energy Business Unit II Total Assets ¥11.95 trillion 5,772 Regional Business Promotion Div. Food Business Unit Total equity*1 ¥4.26 trillion Corporate Communications Div. Retail Business Unit Consolidated 43,993 Healthcare & Service Business Unit Revenue ¥6.96 trillion Corporate Sustainability Div. CFO Planning & Administrative Div. IT & Communication Business Unit Number of Offices and Overseas Trading Affiliates Profit for the Year*1 ¥414.2 billion Global Controller Div. Corporate Development Business Unit 2 139 offices in 66 countries/regions Core Operating Cash Flow* ¥570.5 billion Finance Div. Offices in Japan: 12 (Head Office: 1 Offices: 6 Branches: 5) Risk Management Div. Offices in Japan Investor Relations Div. Head Office: 1 Overseas Trading Affiliates: 95 (Head Offices: 34, Others: 61) *1 Attributable to owners of the parent (Business Supporting Unit) Office: 6 Overseas Offices: 32 (Branch: 2, Others: 30) *2 “Cash flows from operating activities”- “changes in operating assets and liabilities“ Planning & Administrative Div. (Metals) Branch: 5 (As of April 1, 2019) Planning & Administrative Div. (Chemicals) Overseas Trading Affiliates & Overseas Offices: Planning & Administrative Div. (Energy) Total 127 Planning & Administrative Div. (Food & Services) Overseas Trading Affiliates: Head Office 34 Worldwide Network Planning & Administrative
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