Climate Change: External Collaboration

MC recognizes the importance of close collaboration and co-creation with diverse stakeholders to effectively address climate change and achieve decarbonization. To this end, we will actively engage a wide range of stakeholders—including partner companies, governments, local municipalities, investors, NGOs, and industry associations—to create MC Shared Value. Our goal is to accelerate the transition to a carbon-neutral society and develop new industries that address societal and industrial challenges. These efforts focus on three key themes: (1) utilizing renewable energy and other local energy resources, (2) creating new “Carbon Neutral (CN)” industries, and (3) developing vibrant communities by helping resolve regional issues. Below are examples of how we engage and build partnerships with external stakeholders.

To address key challenges in achieving a carbon neutral society and decarbonizing our portfolio, MC collaborates with a wide range of partner companies that share our ambitions. Areas of collaboration include:

For more details, please view the relevant contenthere.

MC supports and advocates for global and local initiatives that contribute to decarbonization, such as expanding renewable energy, developing next-generation technologies like CCUS and hydrogen, and increasing climate-related and other ESG disclosures. We participate in seminars and training sessions hosted by Japan’s Ministry of Economy, Trade and Industry and the Ministry of the Environment, and hold individual discussions on topics such as TCFD guideline adoption and renewable energy expansion.
As a planning committee member of the TCFD consortium, MC actively supports Japanese companies’ responses to climate change. We also participate in discussions on the establishment of regulatory frameworks through the Public-Private Fuel Ammonia Promotion Council^*1 and the Public-Private Council for Promoting the Introduction of SAF^*2, both led by the Ministry of Economy, Trade and Industry.

MC engages in sustainability dialogues with investors, NGOs, and NPOs through international conferences, one-on-one meetings, and ESG-focused discussions with institutional investors. These interactions provide valuable insights into stakeholder expectations regarding our decarbonization strategies and policies on fossil fuel projects. We carefully consider this feedback and incorporate it into internal measures to ensure effective implementation.

MC promotes decarbonization initiatives through active participation in climate change working groups. When joining or remaining a member of an industry group, we confirm that its climate change initiatives align with MC's basic policies. Through active participation in working groups and exchanging opinions related to climate change, mainly with the Japan Business Federation (Keidanren), the Japan Foreign Trade Council, and the World Business Council for Sustainable Development (WBCSD), each of which MC is a member, we are promoting activities aimed at the transition to a decarbonized society.