Our Way to SustainabilityOur Views on Sustainability and Organization
- Our Views on Sustainability and Organization
- Materiality for Marubeni Group
- Marubeni Sustainability Information Session
- ESG Risk Research/Analysis
- Participation in International Initiatives
Our Views on Sustainability
- Fairness: Act with fairness and integrity at all times.
- Innovation: Pursue creativity with enterprise and initiative.
- Harmony: Give and earn the respect of others through cooperation.
In accordance with the spirit of the Company Creed of “Fairness , Innovation , and Harmony ,” the Marubeni Group is proudly committed to social and economic development and safeguarding the global environment by conducting fair and upright corporate activities.
Our Management Philosophy clearly expresses our views on sustainability. To us, sustainability means proactively engaging in environmental and social issues and challenges, delivering solutions through innovation, and living by the Management Philosophy.
Corporate value is composed of financial and non-financial value; non-financial value in particular is steadily growing in importance. With regard to sustainability, such issues as climate change, the depletion of forestry resources and human rights issues pose grave threats to social and environmental sustainability. Adopting and implementing clear medium- and long-term corporate policies regarding these issues is directly related to increasing non-financial value and corporate value.
Until now, to increase corporate value, each of our businesses has generally created its own innovative business model in anticipation of the challenges facing society.
From now on, however, we will further fortify our traditionally strong businesses (vertical evolution) and also leverage internal and external expertise in order to generate better results than would otherwise be possible (horizontal expansion). This is the concept of our Global crossvalue platform; it will provide solutions for social and environmental problems and guide us in working toward a better tomorrow by providing a framework for promoting social and economic development and conserving the global environment.
As part of its organization to promote sustainability initiatives, the Marubeni Group has a Sustainability Management Committee under the supervision of the President. The Committee discusses policies and measures concerning our sustainability initiatives and ESG risk management and reports to the Board of Directors at least once a year. To incorporate the views of external parties, the Committee also includes External Directors and External Audit & Supervisory Board Members in an advisory role. A director heads the Sustainability Management Committee, and the Board of Directors, by receiving periodic reports on important issues pertaining to the sustainability initiatives discussed by the Committee, oversees sustainability-related issues evaluated from the viewpoints of the appropriateness of our ESG risk management and compatibility with society.
Starting April 1, 2019, we take the following steps to enhance our sustainability management organization:
- A Chief Sustainable Development Officer serves as the head of the Sustainability Management Committee.
- A Sustainability Management Department is newly established within the Corporate Staff (CS) Group to coordinate sustainability management among the Business Division, the CS Group, and our branches, offices and local subsidiaries.
- A Sustainability Leader in charge of sustainability management is appointed in each business division, each department within the CS Group, and at each branch, office and overseas corporate subsidiary. A Sustainability Manager is also appointed in each business department.
Assessment of Sustainability Risk in Investment, Loans, and Development Projects
Adoption of a Sustainability Assessment Tool (FY2020)
In FY2020, Marubeni adopted a “Sustainability Assessment Tool” to be used when embarking on new business loans and investments and pushing forward with development projects. The tool will confirm sustainability risks in advance from the perspective of the environment and occupational health and safety, as well as a social standpoint, namely that of human rights, and facilitate the approval of projects in a way that is aligned with the needs of society.
Previously, we had been using an environmental assessment tool for projects to identify environmental risks but in recent years ESG-based risk management with a broader scope and perspective is being called for reflecting the growing expectations and demands of the stakeholders. Consequently, we have adopted this tool as a way of assessing and identifying overarching sustainability risks. Projects which are deemed to pose risks as a result of these checks are followed up with more inquiries and these follow-ups are repeated until all concerns have been dispelled.
Engagement with Stakeholders
The Marubeni Group conducts business with the support of various stakeholders throughout the world. Marubeni recognizes the importance of diligently listening to the opinions of stakeholders, and working together to move forward, based on an understanding of stakeholder interests and concerns, as well as the impact of the Company activities on society and the environment.
|Stake holders||Approach||Engagement methods|
|Customers & Business Partners||Aiming to be a company that enjoys the trust and conﬁdence of customers and business partners, we strive to develop and offer products and services that are useful to society as well as safe. Furthermore, we constantly strive to improve satisfaction and earn trust by responding sincerely to feedback from our customers and business partners.||
|Shareholders & Investors||Marubeni is dedicated to meeting shareholders’ expectations. We strive thus to enhance our corporate value by responding to changes in the business environment and maintaining stable profitability. In addition, we work to boost corporate value from social and environmental perspectives, and also disclose pertinent information in a fair and timely manner.||
|Local Community||We aim to become a valued member of the local communities where we do business, and to contribute to the creation of robust local districts through improvement of living standards, creation of job opportunities for the local community, including youths, and offering employment with diversity and inclusion, being aware of gender and disabilities.
Overseas, we respect local laws, cultures and customs, and strive to operate our businesses in a way that contributes to local development. Furthermore, we are ﬁrmly opposed to antisocial forces and groups that threaten the order and safety of society.
|Employees||We respect the individual values and life goals of each and every employee. We also work hard to eliminate all forms of discrimination and foster an atmosphere that is pleasant for all.||
In accordance with the view of Japan Business federation (Keidanren) that corporate political donations play an important role as part of the contribution to society, and its high evaluations on Liberal-democratic Party of Japan in terms of policy making, Marubeni makes political donation as follows.
Organization to donate: The People's Political Association (political fund organization of Liberal-Democratic Party of Japan)
Political donation: FY2016: 17 million yen / FY2017: 20 million yen / FY2018: 20 million yen / FY2019: 20 million yen. / FY2020: 20 million yen.
（The donation in each year is only to The People's Political Association）
We confirm that these donations are not in violation of our anti-corruption provision, "Prohibition on Bribes and Matters relating to the Exchange of Presents and Client Entertainment", stipulated in our Compliance Manual.