Mitsui Chemicals Selected as Industry Mover in S&P Global’s Sustainability Yearbook 2023
Mitsui Chemicals, Inc.
Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) today announced that it has been selected for inclusion in the 2023 edition of one of the world’s leading sustainability rankings, the Sustainability Yearbook, by S&P Global Inc.*1, the world’s foremost provider of credit ratings. As a company that sits within the top 15 percent of the chemical industry and achieved the strongest improvement in its score since last year, Mitsui Chemicals was recognized with the distinction of Industry Mover status.
Each year, S&P Global ranks companies from around the world on their sustainability from governance, economic, environmental and social perspectives, and distinguishes the most outstanding companies from a sustainability standpoint with a listing in the Sustainability Yearbook. In 2023, S&P Global assessed more than 7,800 companies in 61 industries and selected 708 companies – including 26 in the chemical industry – for a listing in the yearbook, with 48 awarded Industry Mover status.
This year marks the second time Mitsui Chemicals has been recognized as an Industry Mover, following on from its selection in 2020. The distinction would appear to be the result of Mitsui Chemicals not only maintaining a high rating in the environmental dimension, which covers such aspects as climate strategy and water-related risks; but also achieving strong results in the social dimension criteria for human capital development, talent attraction and retention, and occupational health and safety, along with the governance and economic dimension elements associated with the company’s material topics and information/cybersecurity.
Recognizing that the chemical industry shoulders the foundations of society and innovation – and as such has a major responsibility to work toward a sustainable society – the Mitsui Chemicals Group is actively endeavoring to employ ESG criteria within its management and strategies. To realize its aim of creating a circular society in harmony with the environment, an inclusive society creating diverse value and a comfortable society in which people can enjoy healthy lives and well-being, Mitsui Chemicals is deepening its efforts to create social value. This includes providing Blue Value™ products and services, which are aimed at contributing to the environment, and Rose Value™ products and services, which serve to improve quality of life (QOL)*2.
■ For more information on the Mitsui Chemicals Group’s ESG initiatives, please see “Sustainability” (Mitsui Chemicals Group ESG Report 2022) on the company’s official website.
*1 S&P Global
S&P Global is the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering deep data and insights on critical business factors including ESG.
*2 Blue Value™ Environmental Contributions and Rose Value™ QOL Improvement Contributions
Our Blue Value™ and Rose Value™ help visualize the contributions our products and services make to the environment and society and enable us to share those values with stakeholders. We evaluate our products and services that make significant contributions to the environment or improvements to QOL and certify them as Blue Value™ and Rose Value™ products respectively by checking application-specific contributions at each stage of the product lifecycle.