RealizingaCarbonNeutral EnrichSociety BothMateri SociandStrivingandSpiritually ety toally Striving toServeas aPlatform for GeneratingTriple-ValueGrowth*24Based on the Three Corporate Principles, which have served as MC’s core philosophy since its inception, MC has pursued the simultaneous generation of economic, societal and environmental value. While responding to the requests of all stakeholders, MC has worked to address various societal issues through its business activities and has contributed towards the sustainable development of society as well as value creation.Midterm Corporate Strategy 2024 further introduces the concept of “Creating MC Shared Value,” which builds upon the vision of continuing to grow as a company by addressing the challenges facing society and industry.By continuously creating MC Shared Value, MC seeks to achieve sustainable growth together with society.MC identified a set of Key Sustainability Issues in 2016 as mileposts for proactively realizing “triple-value growth” through the simultaneous generation of economic, societal and environmental value. While responding to the requests of all stakeholders, MC has worked to address various societal issues through its business activities and has contributed towards the sustainable development of society as well as value creation.MaterialitySince the Key Sustainability Issues were identified, the societal issues that should be solved have changed along with the external environment. In light of those changes, we Contribute to the realization of decarbonized societies by striving to reduce greenhouse gas (GHG) emissions, while providing products and services that support decarbonization during the transition period. Recognizing the Earth itself to be our most important stakeholder, strive to maintain biodiversity and conserve natural capital, and work to create circular economies while reducing our environmental footprint. Promote sustainable societies and lifestyles of the future through businesses in a diverse range of countries and industries, while fulfilling our responsibility to provide a stable supply of resources, raw materials, products, services, etc., in line with the needs of countries and customers.Create businesses that help to address societal needs while working to spur major industry reforms that are supported by business innovation.Strive to contribute to the development of economies and societies by addressing issues facing countries and regions, while seeking to grow together and collaborate with diverse stakeholders, regions and communities.Respect the human rights of all stakeholders involved in promoting our diverse operations worldwide, and pursue solutions for value chain-related issues, while considering the local conditions in each country. Recognizing that our human resources are the great assets of our businesses, foster a diverse and versatile talent pool that drives e†orts to generate triple-value growth throughout our organization, and also seek to develop an organization where diverse human resources share common values and grow together while furthering their connections and inspiring one another to excel. While swiftly responding to changes in the business environment, strive to realize e†ective governance on a global, consolidated basis and maintain/strengthen a sound organization that is transparent and flexible. reviewed the Key Sustainability Issues when we formulated Midterm Corporate Strategy 2024 in order to further raise our corporate value over the medium- to long-term. In order to continuously create MC Shared Value, which is the goal of Midterm Corporate Strategy 2024, we have redefined “Materiality” as a set of crucial societal issues that we will solve through our business activities, and have established “Action Plans,” which serve as medium-term plans related to the relevant material issues for each business and initiative of each Division and Business Group.*Triple-value growth: the simultaneous generation of economic value, societal value, and environmental valueIssues Overview Contributing to Decarbonized SocietiesConserving and Effectively Utilizing Natural CapitalPromoting Stable, Sustainable Societies and Lifestyles Utilizing Innovation to Address Societal NeedsAddressing Regional Issues and Growing Together with Local CommunitiesRespecting Human Rights in Our Business OperationsFostering Vibrant Workplaces That Maximize the Potential of a Diverse WorkforceRealizing a Highly Transparent and Flexible OrganizationSustainability
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