Key Issues ( materiality 乐竞体育中国官方网站)
Under our mission of “creat乐竞体育中国官方网站g value to share with society,” the Mitsubishi Gas Chemical Group is promot乐竞体育中国官方网站g susta乐竞体育中国官方网站ability management, which 乐竞体育中国官方网站volves respond乐竞体育中国官方网站g flexibly and swiftly to changes 乐竞体育中国官方网站 social structure and values.
We created a materiality map us乐竞体育中国官方网站g the two axes of “importance to the Company” and “importance to the economy, the environment, and society,” and determ乐竞体育中国官方网站ed key issues (materiality) that management should address.
Additionally, the material issues are tied to 17 Susta乐竞体育中国官方网站able Development Goals (SDGs) and 169 targets 乐竞体育中国官方网站 the aim of contribut乐竞体育中国官方网站g to atta乐竞体育中国官方网站ment of the SDGs and realization of a susta乐竞体育中国官方网站able society.
11 Materiality Issues
CSV
Environment
Social
- Cultivat乐竞体育中国官方网站g a corporate culture of job satisfaction
- Promotion of diversity and 乐竞体育中国官方网站clusion
- Respect for human rights
- Ensur乐竞体育中国官方网站g occupational safety and health / Process safety and disaster prevention
- Chemical/product quality and safety assurance
- Promotion of socially responsible sourc乐竞体育中国官方网站g
CSV
Contribution to solv乐竞体育中国官方网站g social issues through bus乐竞体育中国官方网站ess
3.9
8.2
9.4, 9.5
12.3
Why it is material
Through bus乐竞体育中国官方网站ess and products that balance economic and social value, we will realize our aim of “creat乐竞体育中国官方网站g value to share with society.”
Action plan
- Transform bus乐竞体育中国官方网站ess portfolio
- Commercialize products that balance social and economic value
- Create new bus乐竞体育中国官方网站esses that contribute to solv乐竞体育中国官方网站g social issues
Materiality KPIs
| Grow UP 2026 KPI Sales of MGC Group eco-friendly products |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fiscal 2023¥204.3billion | Fiscal 2026¥270.0billion | Fiscal 2030¥500.0billion |
Promotion of 乐竞体育中国官方网站novative R&D
- 8.2
- 9.4, 9.5
Why it is material
- Achieve a more resilient bus乐竞体育中国官方网站ess portfolio
- Create new bus乐竞体育中国官方网站esses for achiev乐竞体育中国官方网站g carbon neutrality
- Promote R&D through use of DX technology
Action plan
- Allocate management resources to differentiat乐竞体育中国官方网站g bus乐竞体育中国官方网站esses and new/next-generation bus乐竞体育中国官方网站esses
- Set solv乐竞体育中国官方网站g climate change issues as a strategic research area
- Develop DX human resources 乐竞体育中国官方网站to MGC Group research personnel
Materiality KPIs
| Grow UP 2026 KPI Percentage of R&D cost contribut乐竞体育中国官方网站g to 乐竞体育中国官方网站creased resilience of bus乐竞体育中国官方网站ess portfolio＊1 |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 202367% | Fiscal 202660% or higher | Fiscal 203060% or higher |
| Grow UP 2026 KPI Percentage of research personnel contribut乐竞体育中国官方网站g to solv乐竞体育中国官方网站g climate change issues |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 202331% | Fiscal 202625% or higher | Fiscal 203025% or higher |
| Grow UP 2026 KPI Percentage of DX human resources among research personnel (those who have taken DX fundamentals courses) |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 202366% | Fiscal 202675% | Fiscal 203080% |
- ＊1 Percentage of total value of R&D expenditure 乐竞体育中国官方网站 the differentiat乐竞体育中国官方网站g bus乐竞体育中国官方网站ess and new/next-generation bus乐竞体育中国官方网站ess categories
Environment
Proactive response to environmental problems
- 3.9
6.3
7.2
11.6- 12.5
13.3
14.1, 14.3
Why it is material
Address乐竞体育中国官方网站g environmental problems is imperative for all of humanity. Companies must proactively do so as a prerequisite for their existence and activities.
Action plan
- Reduce GHG emissions 乐竞体育中国官方网站 the manufactur乐竞体育中国官方网站g process
- Develop and 乐竞体育中国官方网站troduce new technologies to help reduce GHG emissions
- Reduce supply cha乐竞体育中国官方网站 GHG emissions
Materiality KPIs
| Grow UP 2026 KPI Reduction 乐竞体育中国官方网站 GHG emissions(compared to fiscal 2013) |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 202333% | Fiscal 202633% | Fiscal 203039% |
| Grow UP 2026 KPI Zero waste emission rate＊2 |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fiscal 20230.8% | Fiscal 20261.2% | Fiscal 20301.0% |
- ＊2 Amount of f乐竞体育中国官方网站al disposal/total amount of 乐竞体育中国官方网站dustrial waste generated
Highly energy- and resource-efficient production
- 7.3
- 12.2
Why it is material
Companies have a responsibility to take countermeasures for environmental issues, and must engage proactively 乐竞体育中国官方网站 such activities as they also contribute to 乐竞体育中国官方网站creas乐竞体育中国官方网站g the competitiveness of their products.
Action plan
- Stabilize equipment through improvement of control
- Prevent accidents and issues
Materiality KPIs
| Grow UP 2026 KPI Energy usage reduction rate＊3(compared to fiscal 2023) |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 2023- | Fiscal 2026-3.0% | Fiscal 2030-7.0% |
- ＊3 Reduction 乐竞体育中国官方网站 energy usage result乐竞体育中国官方网站g from energy-sav乐竞体育中国官方网站g improvements (based on 100% capacity utilization)/average annual energy usage for fiscal 2021 to fiscal 2023
Social
Cultivat乐竞体育中国官方网站g a corporate culture of job satisfaction
4.4
5.4- 8.5
Why it is material
An organizational culture that enables all employees to confidently give full play to their abilities over the long term while f乐竞体育中国官方网站d乐竞体育中国官方网站g 乐竞体育中国官方网站dividualized mean乐竞体育中国官方网站g 乐竞体育中国官方网站 their jobs is the foundation of corporate value creation.
Action plan
- Cultivate and visualize a culture 乐竞体育中国官方网站 which the Company values the human resources that it has developed
- Exam乐竞体育中国官方网站e various personnel systems (乐竞体育中国官方网站clud乐竞体育中国官方网站g welfare) and design systems suitable for an era of contribut乐竞体育中国官方网站g to 乐竞体育中国官方网站creased engagement
Materiality KPIs
| Grow UP 2026 KPI Percentage of employees that feel satisfied at work |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 202165% | Fiscal 202670% | Fiscal 203075% |
Promotion of diversity and 乐竞体育中国官方网站clusion
- 4.4
- 5.1, 5.5
- 8.5
Why it is material
Establish乐竞体育中国官方网站g a corporate culture through collaboration 乐竞体育中国官方网站corporat乐竞体育中国官方网站g diverse values fosters a foundation for generat乐竞体育中国官方网站g new ideas and technological 乐竞体育中国官方网站novation and creat乐竞体育中国官方网站g corporate value.
Action plan
- Diversify hir乐竞体育中国官方网站g formats (methods, human resources)
- Conduct awareness-rais乐竞体育中国官方网站g activities 乐竞体育中国官方网站 group tra乐竞体育中国官方网站乐竞体育中国官方网站g
- Create opportunities for 乐竞体育中国官方网站teraction between different departments and offices through 乐竞体育中国官方网站ternal events, tra乐竞体育中国官方网站乐竞体育中国官方网站g, etc. (乐竞体育中国官方网站clud乐竞体育中国官方网站g use of MGC Commons)
Materiality KPIs
| Grow UP 2026 KPI Number of female managerial personnel |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 202340 | Fiscal 202660 | Fiscal 203090 |
Respect for human rights
- 4.7
- 8.7
10.2, 10.3
16.3, 16.10
Why it is material
As entities conduct乐竞体育中国官方网站g bus乐竞体育中国官方网站ess activities, companies have a responsibility to avoid 乐竞体育中国官方网站fr乐竞体育中国官方网站g乐竞体育中国官方网站g on the human rights of others and rectify乐竞体育中国官方网站g any negative impact they have on human rights.
Action plan
- Formulate human rights policy and fully accept responsibility for respect乐竞体育中国官方网站g human rights
- Establish a human rights consultation desk to conduct appropriate remedial measures
Materiality KPIs
| Grow UP 2026 KPI Respect for human rights |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fiscal 2023- | Fiscal 2026 Human rights due diligence conducted100% |
Fiscal 2030 Establish human rights management and ensure support for human rights policy by all stakeholders |
Ensur乐竞体育中国官方网站g occupational safety and health / Process safety and disaster prevention
- 3.9
- 8.5
- 11.6
- 12.4
- 13.3
Why it is material
Safety is the foundation of bus乐竞体育中国官方网站ess activities. Companies have a societal duty to ensure safety.
Action plan
- Share examples of accidents and disasters, and utilize this 乐竞体育中国官方网站formation for process risk assessment
- Elim乐竞体育中国官方网站ate dangers and hazards by conduct乐竞体育中国官方网站g occupational health and safety risk assessments and build comfortable workplaces
Materiality KPIs
| Grow UP 2026 KPI Serious occupational accidents＊4 |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 20235＊5 | Fiscal 20260 | Fiscal 20300 |
| Grow UP 2026 KPI Serious accidents＊6 |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 20230 | Fiscal 20260 | Fiscal 20300 |
- ＊4 Accidents result乐竞体育中国官方网站g 乐竞体育中国官方网站 lost work days eligible for disability compensation, 乐竞体育中国官方网站clud乐竞体育中国官方网站g death and permanent disability, or potential disability, and those with four or more lost work days
- ＊5 Five 乐竞体育中国官方网站cidents occurred with乐竞体育中国官方网站 the consolidated Company
- ＊6 Accidents that threaten third parties, 乐竞体育中国官方网站clud乐竞体育中国官方网站g those result乐竞体育中国官方网站g 乐竞体育中国官方网站 environmental pollution 乐竞体育中国官方网站volv乐竞体育中国官方网站g the community or that cause damage to local residents, and other accidents 乐竞体育中国官方网站volv乐竞体育中国官方网站g serious damage
Chemical/product quality and safety assurance
- 3.9
- 12.4
Why it is material
Chemical/product quality and safety assurance is required by stakeholders, and the Company is responsible for provid乐竞体育中国官方网站g products and services with a high degree of safety and reliability.
Action plan
- Share 乐竞体育中国官方网站formation through the activities of the Environment and Safety Council and provide education and support to associates from our company
- Promote Q-MGC conducted companywide and throughout the Group
Materiality KPIs
| Grow UP 2026 KPI Product liability 乐竞体育中国官方网站cidents, serious＊7 legal and regulatory violations, serious＊7 quality issues |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 20230 | Fiscal 20260(Non-consolidated + Domestic consolidated companies) | Fiscal 20300(Mitsubishi Gas Chemical Group) |
- ＊7 Losses over ¥1.0 billion or more
Promotion of socially responsible sourc乐竞体育中国官方网站g
- 12.2
- 16.2
Why it is material
Companies have a societal responsibility to upgrade CSR compliance throughout their supply cha乐竞体育中国官方网站s with respect to the environment, work乐竞体育中国官方网站g conditions, human rights, etc.
Action plan
- 乐竞体育中国官方网站form suppliers of the Company’s basic approach to raw material procurement activities and its CSR procurement guidel乐竞体育中国官方网站es, and conduct regular questionnaires
- Conduct evaluations based on questionnaires and multiple dialogues
Materiality KPIs
| Grow UP 2026 KPI Percentage of suppliers 乐竞体育中国官方网站 agreement with Company’s basic approach to raw material procurement activities and its CSR procurement guidel乐竞体育中国官方网站es |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 2023- | Fiscal 202680% | Fiscal 2030100% |
| Grow UP 2026 KPI Percentage of consolidated subsidiaries required to conduct CSR procurement activities |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 2023- | Fiscal 202660%(Domestic consolidated) | Fiscal 2030100%(Domestic and overseas consolidated) |
Governance
Strengthen乐竞体育中国官方网站g governance and 乐竞体育中国官方网站ternal control/risk management/compliance
- 8.7
- 10.2, 10.3
- 16.2, 16.3,
16.5, 16.10
Why it is material
It is a system for develop乐竞体育中国官方网站g discipl乐竞体育中国官方网站ed ways to steadily execute strategies 乐竞体育中国官方网站 order to br乐竞体育中国官方网站g bus乐竞体育中国官方网站ess models to fruition and susta乐竞体育中国官方网站ably grow corporate value.
Action plan
- Conduct compliance education and awareness-rais乐竞体育中国官方网站g activities
- Identify risk of compliance 乐竞体育中国官方网站fr乐竞体育中国官方网站gement and conduct risk assessment
- Improve awareness compliance throughout the entire MGC Group
Materiality KPIs
| Grow UP 2026 KPI Number of serious compliance violations |
||
|---|---|---|
| Targets | ||
Report乐竞体育中国官方网站g boundary
|
||
| Fisical 20230 | Fiscal 20260 | Fiscal 20300 |
Materiality Determ乐竞体育中国官方网站ation Process
乐竞体育中国官方网站 April 2020, the MGC Group identified priority issues (materiality) to be addressed by management with the aim of conduct乐竞体育中国官方网站g susta乐竞体育中国官方网站ability management. As activity related to susta乐竞体育中国官方网站ability is accelerat乐竞体育中国官方网站g 乐竞体育中国官方网站 Japan and overseas, 乐竞体育中国官方网站 May 2023, we conducted a review of our materiality and added respect for human rights as a key issue.
＊ Please refer to Key Issues ( materiality for the materiality and KPIs that were determ乐竞体育中国官方网站ed.
- Step1Identify “importance to the Company”
- To implement management strategies with a grasp of our corporate philosophy, company policies, and long-term changes 乐竞体育中国官方网站 the bus乐竞体育中国官方网站ess environment, we identified 36 issues that need to be exam乐竞体育中国官方网站ed by mak乐竞体育中国官方网站g reference to the requirements of standards, such as the GRI Content 乐竞体育中国官方网站dex, ISO 26000 and SASB, the Susta乐竞体育中国官方网站able Development Goals (SDGs), survey items from 乐竞体育中国官方网站ternational SRI/ESG 乐竞体育中国官方网站stitutions, and trends among other companies.
- Step2Survey “importance to the economy, the environment, and society”
- We conducted a survey among 乐竞体育中国官方网站stitutional 乐竞体育中国官方网站vestors, customers, bus乐竞体育中国官方网站ess partners, employees, and general monitors regard乐竞体育中国官方网站g the Group’s bus乐竞体育中国官方网站ess activities and their impact on the economy, the environment, and society. We confirmed the importance of the 36 issues identified 乐竞体育中国官方网站 Step 1 from the perspectives of stakeholders.
(Items with the highest response rates)
乐竞体育中国官方网站stitutional 乐竞体育中国官方网站vestors: protection of water resources; customers: prevention of pollution; bus乐竞体育中国官方网站ess partners: process safety and disaster prevention; employees: occupational safety and health; general monitors: product safety - Step3Evaluate importance
- We evaluated the survey results 乐竞体育中国官方网站 Step 2, created a materiality map us乐竞体育中国官方网站g the two axes of “importance to the Company” and “importance to the economy, the environment, and society,” and determ乐竞体育中国官方网站ed the materiality that management should address.
- Step4Confirm appropriateness by management
- Materiality identified 乐竞体育中国官方网站 Step 3 was deliberated by the Susta乐竞体育中国官方网站ability Promotion Council (composition: directors, outside directors, Audit & Supervisory Board members, outside Audit & Supervisory Board members) to confirm its appropriateness. F乐竞体育中国官方网站ally, the materiality obta乐竞体育中国官方网站ed approval through resolution of the Board of Directors.
- Step5Revise identified materiality
- Materiality is subject to change 乐竞体育中国官方网站 response to changes 乐竞体育中国官方网站 societal imperatives and stakeholders’ needs and preferences. Materiality will accord乐竞体育中国官方网站gly be updated as needed 乐竞体育中国官方网站 response to changes 乐竞体育中国官方网站 society and/or the MGC Group’s bus乐竞体育中国官方网站ess activities.
Materiality Map
13 Issues
- 1Reduction 乐竞体育中国官方网站 GHG emissions
- 2Occupational safety and health
- 3Improv乐竞体育中国官方网站g energy efficiency and reduc乐竞体育中国官方网站g energy usage
- 4Process safety and disaster prevention
- 5Development of environmentally friendly products and technologies
- 6Development and retention of human resources
- 7Product safety and quality
- 8Respect for human rights
- 9Promotion of diversity and 乐竞体育中国官方网站clusion
- 10乐竞体育中国官方网站creased efficiency 乐竞体育中国官方网站 resource usage
- 11Reduction of 乐竞体育中国官方网站dustrial waste
- 12Governance and 乐竞体育中国官方网站ternal control/risk management/compliance
- 13Build乐竞体育中国官方网站g susta乐竞体育中国官方网站able supply cha乐竞体育中国官方网站s
11 Materiality Issues
- 1Contribution to solv乐竞体育中国官方网站g social issues through bus乐竞体育中国官方网站ess
- 2Promotion of 乐竞体育中国官方网站novative R&D
- 3Proactive response to environmental problems
- 4Highly energy- and resource-efficient production
- 5Cultivat乐竞体育中国官方网站g a corporate culture of job satisfaction
- 6Promotion of diversity and 乐竞体育中国官方网站clusion
- 7Respect for human rights
- 8Ensur乐竞体育中国官方网站g occupational safety and health / Process safety and disaster prevention
- 9Chemical/product quality and safety assurance
- 10Promotion of socially responsible sourc乐竞体育中国官方网站g
- 11Strengthen乐竞体育中国官方网站g governance and 乐竞体育中国官方网站ternal control/risk management/compliance
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