Materiality
Guided by the Three Corporate Principles, which have served as MC’s core philosophy since its inception, the company identified a set of Key Sustainability Issues in 2016 as milestones for proactively realizing “triple-value growth,” the simultaneous creation of economic, societal, and environmental value. In alignment with stakeholder expectations, MC has addressed various societal challenges through its business activities, contributing to sustainable development and value creation.
Over time, stakeholder expectations —particularly regarding climate change—have intensified, and the issues companies must address have evolved. To further enhance corporate value over the medium to long term, MC reviewed its Key Sustainability Issues from the perspective of their importance to its business activities. This review resulted in a revised set of material issues (i.e. Materiality), representing the critical societal issues MC will prioritize through its business activities to create shared value.
Overview of Materiality
| Issues | Overview |
|---|---|
| Decarbonization and the Enrichment of Society | |
Contributing to Decarbonized Societies  | MC aims to reduce greenhouse gas (GHG) emissions and provide products and services that support decarbonization during the transition period. |
Conserving and Effectively Utilizing Natural Capital  | Recognizing the Earth as its most important stakeholder, MC strives to maintain biodiversity, conserve natural capital, and promote circular economies while minimizing its environmental footprint. |
Promoting Stable, Sustainable Societies and Lifestyles  | Through diverse businesses worldwide, MC works to ensure a stable supply of resources, raw materials, products, services, and other offerings, fostering sustainable societies and lifestyles. |
| Using Innovation to Address Societal Needs  | MC creates businesses that address societal challenges while driving major industry reforms through innovation. |
| Addressing Regional Issues and Growing Together with Local Communities  | MC contributes to regional development by addressing local challenges and collaborating with diverse stakeholders and communities. |
Respecting Human Rights in Our Business Operations  | MC upholds human rights across all operations and addresses value chain-related issues, considering local conditions in each country. |
| Striving to Serve as a Platform for Generating Triple-Value Growth | |
Fostering Vibrant Workplaces That Maximize the Potential of a Diverse Workforce  | Recognizing that its people are its greatest assets, MC cultivates a diverse and versatile talent pool that drives efforts to achieve triple-value growth across the organization. The company strives to create an environment where employees from diverse backgrounds share common values, grow together, strengthen connections, and inspire one another to excel. |
Maintaining a Highly Transparent and Flexible Organization  | While remaining agile in responding to changes in the business environment, MC will implement effective governance on a global, consolidated basis and maintain a transparent, flexible organization. |