MC’s Sustainability Promotion Framework : Dialogue with Stakeholders (Incorporating External Perspectives)

MC places great importance on its ability to identify and appropriately address the ever-changing demands of society. We engage in direct dialogue with investors including shareholders and NGOs, and hold discussions with local communities on individual projects. In addition, MC carries out supply chain surveys as part of its supply chain management. We regard constructive dialogue with all of our stakeholders and reflecting input from that dialogue onto our policies and actions as being vital to the achievement of sustainable mid to long-term enchancement of our corporate value.
Moreover, to better understand global environmental and societal trends, MC has established sustainability departments in Europe, the Americas, Southeast Asia and other regions to share information and coordinate with. MC is also a signatory of the UN Global Compact and a member of organizations such as the World Business Council for Sustainable Development (WBCSD). In addition, we reverage our Sustainability Advisory Committee, which we established in 2008 to incorporate external perspectives into our sustainability activities through their advice and recommendations.

In FY2023, MC held approximately 40 direct dialogues with shareholders on the topic of sustainability. MC also conducted 82direct dialogues with NGOs, including 5 in Japan, 29 in Europe and 48 in the Americas. These meetings provided valuable insights into stakeholders’ perspectives, including expectations in relation to our strategies toward the transition to a low-carbon/decarbonized society, as well as policies around individual fossil fuel projects. MC will consider the suggestions received and will strive to provide timely and appropriate disclosure of the response measures and policies it formulates.