We, the Mitsui Chemicals Group, are driven by our corporate mission to “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” and we strive to “be a corporate group that continues to grow by solving social challenges and creating diverse value with the power of chemistry”.
We understand that we need to respect the human rights of every individual affected by the Mitsui Chemicals Group’s business activities in order to contribute broadly to society and achieve sustainable growth.
We hereby announce the adoption of the Mitsui Chemicals Group Human Rights Policy (the “Policy”) based on the Guiding Principles on Business and Human Rights adopted by the United Nations Human Rights Council in June 2011 with the aim of fulfilling our responsibility to respect the human rights of every individual affected by our business activities.
Respect for Human Rights
Policy and Basic Approach
The Mitsui Chemicals Group recognizes respect for human rights in business activities as a foundation of its development and pursues just business throughout the supply chain from the viewpoint of “having a high regard for people.”
The Group revised its Human Rights Policy on June 24, 2022, after obtaining approval from the Board of Directors. The Policy will continue to be reviewed.
Please refer here for salient human rights issues for the Mitsui Chemicals Group.
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System and Responsible Officers
We deliberate on policies, strategies, and plans for human rights activities in the Corporate Sustainability Committee with the responsible officer for the committee. The deliberation results are reported to the Management Committee, further deliberated in the Company-wide Strategy Committee and the Management Committee where necessary, and finalized and supervised by the Board of Directors.
The Group lists “respect for human rights” as one of the prerequisites for business continuity as part of the Group’s material topics, and incorporates its status of response to human rights risks into its business targets as non-financial metrics in VISION 2030. With the “identification & correction of risks by setting up a human rights due diligence system for all of our bases, both domestic and abroad” set as a target under VISION 2030, the Human Resources Division, the Purchasing Division, the Corporate Administration & Legal Division, and other related divisions collaborate to collect information and formulate measures in order to build a human rights due diligence system.
We also define human rights issues (including labor conditions, sexual harassment, and abuse of authority) as risk items that should be verified when considering investments plans and we confirm such items.
The business audit conducted by the Internal Control Division also includes an internal audit process based on self-assessment of internal controls utilizing the compliance checklist. The compliance checklist includes items for verifying human rights violation risks and other risks, and the included items are reviewed every year.
|Business Audit||Details||The effectiveness of risk management and control, as well as governance, are evaluated and improvements are suggested.|
|Scope||Mitsui Chemicals divisions and Mitsui Chemicals Group subsidiaries and affiliates|
|Frequency||Once every one to five years|
(depending on the size, business type, and management level of the audited organization)
In FY2022, we confirmed with 12 domestic and overseas subsidiaries and affiliates about their understanding of the Human Rights Policy, status of dissemination of the Policy among business partners, progress of the creation of a grievance mechanism, status of their efforts toward human rights, and more.