September 30, 2022
New Disclosures on Business Materiality
Mitsubishi Corporation (MC) is dedicated to creating value and helping societies achieve sustainable growth through its businesses. This commitment is rooted in MC’s guiding philosophy, the “Three Corporate Principles,” and ensures that the company will continue to grow in step with the communities and regions in which it operates.
In May 2022, MC announced its latest management plan, entitled “Midterm Corporate Strategy 2024: Creating MC Shared Value.” The plan has redefined “Materiality” at MC, which covers what the company considers to be the most important societal challenges that its businesses need to address.
MC has eight key materiality themes, six of which focus on leveraging the company’s business activities to help societies achieve carbon neutrality and enrich quality of life, and two of which focus on managing the company and its various organizations in ways that are better suited to achieving its three-value mission.*
*Simultaneous creation of economic, societal and environmental value.
[Materiality and MC]
From here on, MC shall be clearly disclosing how each of its businesses impacts materiality. At the bottom of each applicable press release, MC shall be including a broad overview of materiality and indicating which themes in particular are of relevance to the release in question. For more information, please contact the company’s press room.
MC looks forward to using these new guidelines on materiality to strengthen its commitment to sustainable growth.
Inquiry RecipientMitsubishi Corporation
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