The 2025 Long-term Business Plan
Environmental and Social Targets
The 2025 Long-term Business Plan embodies our strong commitment toward realizing sustainable growth and development along with society. We will make every effort to contribute to solving social challenges through our business activities and engage in management that not only emphasizes “economic concerns,” but also strikes a proper balance with the environment and society.
In formulating the 2025 Long-term Business Plan, we clarified our view of a targeted future society while revisiting our Corporate Mission and Corporate Target. This was after taking into consideration the requirements of society and other factors including mega trends and Sustainable Development Goals (SDGs).
Based on this, the Mitsui Chemicals Group has identified three environmental and social targets under its 2025 Long-term Business Plan after giving due consideration to its contribution to and impact on society through its business activities.
In addition, the Group took steps to reconsider key issues (materiality) when putting in place its 2025 Long-term Business Plan. Recognizing that efforts to promote key issues (materiality) will better allow us to resolve social challenges and achieve the targets set out under the 2025 Long-term Business Plan, we will continue to pursue key issues (materiality).
Going forward, we will continue to confirm the expectations of society and issues associated with SDGs, and will work to make meaningful progress toward our 2025 Long-term Business Plan.
Corporate Mission
Contribute broadly to society by providing high-quality products and services to customers through innovation and the creation of materials, while keeping in harmony with the global environment.
Targeted future society
Environmental and Social Targets under the 2025 Long-term Business Plan
- Maximize Products and Services to Achieve a Low-carbon, Recycling-oriented, and Cohesive Society in Harmony with the Environment
- The Mitsui Chemicals Group will make every effort to stimulate innovation across the entire product lifecycle from raw materials through processing to use and disposal in a bid to protect the global environment while at the same time promoting economic growth.
- Maximize Products and Services to Achieve Better Quality of Life (QOL) and a Smart Society
- The Mitsui Chemicals Group will help realize a healthy and happy society as well as a smart society in which all people can lead rich and convenient lives.
- Pursue thorough Safety, High Quality, and Fairness across the Entire Supply Chain
- The Mitsui Chemicals Group will work diligently to ensure the safety as well as high quality and fairness across the entire supply chain that is necessary to reform its business portfolio and expand globally.
Maximize Products and Services to Achieve a Low-carbon, Recycling-oriented, and Cohesive Society in Harmony with the Environment
Expand sales of environmentally oriented products and services
Expand products and services that help realize a low-carbon, recycling-oriented, and cohesive society in harmony with the environment across the entire value chain.
| 2025 Targets |
Blue Value™ products sales ratio: 30% or more |
|---|---|
| FY 2019 Results |
18% |
| FY 2020 Targets |
New Blue Value™ and Rose Value™ certifications: 15 or more Pre-launch Blue Value™ and Rose Value™ candidate products: Identify 15 or more |
Reduce environmental impact in production and logistics
Reduce Greenhouse Gas (GHG) and environmentally harmful substance emissions and efficiently utilize resources throughout the Group as a whole.
| 2025 Targets |
GHG emissions reduction rate *1 : 25.4% or more compared with FY 2005 (FY2030) |
|---|---|
| FY 2019 Results |
27.7% |
| FY 2020 Targets |
GHG emissions reduction: 50 thousand tons or more compared with the previous fiscal year |
| 2025 Targets |
Energy intensity reduction *2 : Continue at 1% or above (5-year annual reduction rate) |
|---|---|
| FY 2019 Results |
▲ 0.4% |
| FY 2020 Targets |
Energy intensity reduction: 1% or more (5-year annual reduction rate), or 1% or more (annual reduction rate with FY2009 as base year) |
*1Mitsui Chemicals, Inc. and consolidated subsidiaries in Japan
*2Mitsui Chemicals, Inc. only
Maximize Products and Services to Achieve Better QOL and a Smart Society
Expand sales of products and services that contribute to a healthy and happy society
Expand products and services that can improve QOL by addressing such issues as the declining birth-rate and aging population, extending healthy life expectancy, and the food problem.
| 2025 Targets |
Rose Value™ products sales ratio: 30% or more |
|---|---|
| FY 2019 Results |
16% |
| FY 2020 Targets |
New Blue Value™ and Rose Value™ certifications: 15 or more Pre-launch Blue Value™ and Rose Value™ candidate products: Identify 15 or more |
| Related SDGs |
|---|
|
Pursue thorough Safety, High Quality, and Fairness across the Entire Supply Chain
Ensure safety
Maintain high levels of safety even in the face of diversifying human resources, facilities, and technologies associated with ongoing global growth and business portfolio transformation.
| 2025 Targets |
Incidence of major accidents: Continue at zero |
|---|---|
| FY 2019 Results |
0 |
| FY 2020 Targets |
0 |
| 2025 Targets |
Significant occupational injury frequency: Continue at or below 0.15 |
|---|---|
| FY 2019 Results |
0.31 |
| FY 2020 Targets |
0.15 or less |
Provide high-quality products and services
Ensure the stable supply of products that satisfy customers’ requirements at a high level.
| 2025 Targets |
Incidence of customer non-conformance: 10 ppm or less |
|---|---|
| FY 2019 Results |
Number of complaints (Company-responsible) *2 : Increased (compared with FY2017) |
| FY 2020 Targets |
Number of complaints (Company-responsible) *2 : Reduce by 10% or more (compared with FY2017) |
*2 Mitsui Chemicals, Inc. only
Implement product stewardship
Implement risk management across the supply chain through the risk assessment of products and provision of safety information to customers and other stakeholders.
| 2025 Targets |
Product risk assessment implementation rate*2 : 99% or more (FY2020) |
|---|---|
| FY 2019 Results |
99% or more |
| FY 2020 Targets |
99% or more; formulate new assessment indicators |
| 2025 Targets |
Provision of latest product safety information*2 : Continue at 100% |
|---|---|
| FY 2019 Results |
100% |
| FY 2020 Targets |
100% |
*2 Mitsui Chemicals, Inc. only
Continue as a company that is fair and trusted by society
Thoroughly comply with all statutory and regulatory requirements and prevent misconduct in all global business activities.
| 2025 Targets |
Incidence of major legal and regulatory violations : Continue at zero |
|---|---|
| FY 2019 Results |
1 |
| FY 2020 Targets |
0 |
Encourage sustainability initiatives of business partners.
| 2025 Targets |
Supplier sustainability assessments and improvement support (sustainable procurement ratio of 70% or more) |
|---|---|
| FY 2019 Results |
44% *2 |
| FY 2020 Targets |
Complete preparations on survey for sustainable procurement in FY2021 |
*2 Mitsui Chemicals, Inc. only
Enable Group employees to thrive at work and make the most of their potential.
| 2025 Targets |
Ratio of women in management positions (manager-level or above) *3 : 10% or more |
|---|---|
| FY 2019 Results |
3.0% |
| FY 2020 Targets |
4.0% |
| 2025 Targets |
Increase employee engagement |
|---|---|
| FY 2019 Results |
Action plan registration rate 96% |
| FY 2020 Targets |
Implement action plans |
*3Mitsui Chemicals, Inc. registered employees
| Related SDGs |
|---|
|
*Please access respective links to view progress toward each target.
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