Stakeholder Engagement : MC’s Primary Stakeholders
With the Three Corporate Principles as its core philosophy, MC has continued to grow alongside society by addressing global issues. MC seeks to increase its corporate value in the medium to long term amid a global backdrop of rising uncertainty and unpredictability, including geopolitical and economic shifts, changes in industrial landscapes driven by technological innovation, and evolving societal values. To this end, we believe it is vital to accurately understand the demands and expectations of all of our stakeholders through engagement and dialogue, and to reflect these in our Group management.
MC has established a system to reflect stakeholder opinions into company management by incorporating external perspectives into the Board of Directors and its advisory bodies (Corporate Governance and Nomination Committee, Compensation Committee, and International Advisory Committee), as well as the Sustainability Roundtable. With these and other initiatives to engage with its various stakeholders, MC aims to achieve sustainable growth through value creation and by engaging our stakeholders.
Customers and Partners
MC will contribute to the development of societies and economies by providing a stable supply of products and services that meet the needs of customers and business partners across a wide range of business areas, from upstream raw material procurement to downstream retail, and by working with its customers and business partners to develop various businesses that it could not have realized on its own. Moreover, as a company that handles a diverse range of products and services worldwide, MC is working to achieve a sustainable supply chain as a key issue.
Examples of Engagement
- Producing websites and corporate brochures in multiple languages
- Receiving and responding to opinions and questions
- Supply chain surveys and collaboration with external parties regarding the supply chain (responding to issues with Cermaq Group AS, Lawson, Inc., Olam Group Limited, Mitsubishi Corporation Packaging Ltd.)
Employees
In response to the increasing diversification and globalization of its businesses, MC is working to support company employees and encourage their success worldwide, with the aim of ”Fostering Vibrant Workplaces That Maximize the Potential of a Diverse Workforce.” This is to establish vibrant workplaces where MC’s diverse and versatile employees, regardless of gender, nationality, or other attributes, are able to demonstrate their unique abilities to the fullest.
Examples of Engagement
- Human resource development
(enhanced talent management, career autonomy, group-wide training initiatives, etc.) - Health and productivity management, diversity management
(including supporting health with internal medical clinics, career support for female employees, etc.) - Conducting regular Employee Awareness Surveys
(These surveys are conducted annually to obtain a snapshot of employee motivation and organizational vitality.) - Dialogue with the MC Staff Union, and information dissemination through MC’s intranet and internal magazine
MC Staff Union
Please refer to the MC Staff Unionpage for details..
Shareholders, Investors, and Creditors
MC strives to gain understanding and support for its business and management strategy through the timely and appropriate disclosure of information and enhancement of disclosure materials, as well as through briefings and individual meetings. At the same time, MC works to maximize corporate value by incorporating the opinions and demands of shareholders and investors obtained through dialogue into its management practices.
Examples of Engagement
- Meetings with institutional investors and analysts
- Communication with shareholders at the Ordinary General Meeting of Shareholders
- Publication of business reports, integrated reports, and sustainability reports
- Quarterly financial results briefings
- Business briefing sessions
- Online seminars with individual investors
General Public and the Media
We believe that building relationships with society and the media is important for the promotion of our business. Through communication, we strive to ensure their opinions and requests are heard, and gain their understanding and support for our management philosophy, strategies, and stance on social issues.
Examples of Engagement
- Ensure timely and accurate disclosure regarding projects and events that could significantly affect society or people's livelihoods
- Share views from our business perspective that may influence the formation of public opinion
e.g. corporate website, news releases, official social media networks, sponsored events
NGOs
We recognize NGOs as key stakeholders that function as representatives for the planet and its citizens, and we seriously consider the opinions and requests raised through our robust communication on a day-to-day basis and use them to improve our initiatives. Moreover, we are promoting collaborations with NGOs to address environmental and societal issues.
Examples of Engagement
- Meetings with NGOs: Japan (5); Europe (29); the Americas (48)
- CSR activities related to biodiversity (tropical forest regeneration, global coral reef conservation) and climate change (rangeland restoration); protection of indigenous people's rights and water resources management in Latin America through foundations set up by MC in Europe and the Americas; supporting NGOs working toward sustainable cacao farming in Côte d’Ivoire.
Governments and Local Authorities
To achieve improvements and provide solutions to societal issues through our global business operations, we engage in collaboration, joint initiatives and dialogue with public sector bodies through our involvement in business associations, public-private initiatives and other forums, with the aim of contributing to societal development.
Examples of Engagement
- Business association activities:
Dialogues with public sector bodies through the Japan Business Federation (Keidanren), the Japan Chamber of Commerce and Industry, the Tokyo Chamber of Commerce and Industry, the Japan Association of Corporate Executives, the Japan Foreign Trade Council, Inc., etc. - Public-private initiatives with public institutions:
Collaborations with and utilization of Japanese government ministries (Ministry of Foreign Affairs, Ministry of Economy, Trade and Industry, Ministry of the Environment, Ministry of Land, Infrastructure, Transport and Tourism, etc.), the Japan International Cooperation Agency and Multilateral Development Banks.