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Blue Value™ / Rose Value™

Rose Value™ — QOL Improvement Contributions

La Vie en rose

Days brimming with happiness and hope for people from all walks of life.
La Vie en rose

The Goal of Rose Value™

The Mitsui Chemicals Group, which includes “promoting human well-being” as one of the five social contribution areas in its Corporate Mission, lists “a comfortable society in which people can enjoy healthy lives and well-being” and “an inclusive society creating diverse value” as its ideal future society and aims to realize this through its business activities. In VISION 2030, we have established the building of solutions-based business models as a basic strategy. This involves expanding the social issue perspective across all our businesses and offering solutions that combine services beyond just material supply. Through this approach, we aim to contribute to improving quality of life by addressing areas such as “health and livelihood,” “highly livable communities,” and “food security,” alongside business growth.

As a tool to track progress, we have defined the contributions that our products and services make to improving quality of life as Rose Value™, certifying those that meet our defined criteria through our assessment and review processes. By maximizing our contributions throughout the entire product life cycle through expanding and providing Rose Value™ products and services, we hope to achieve corporate growth for the Group and realize our ideal future society.

How We Assess Rose Value™

The functions and features of the Group’s products and services are often described in terms of their physical properties, such as “high rigidity” or “low density.” We visualize the value of how these functions and features contribute to solving social challenges and define it as Rose Value™. To visualize the value means to clearly express the connection between the functions and features of our products and services and their social value. For example, the high rigidity of food packaging reduces damage during transportation, leading to a decrease in food loss.

When certifying Rose Value™ products and services, we assess their contributions to improving quality of life from three perspectives: “Enriching life and society,” “extending healthy life-span” and “protecting food.” These contributions are assessed as objectively as possible from two aspects: “Approach to social challenges” and “our reasonable involvement.”

Approach to Social Challenges

(1) Scope of Evaluation

In the Rose Value™ framework, three key contribution categories (certification criteria) have been established in relation to our material topics, such as “health and livelihood,” “highly livable communities” and “food security.” These are defined as “enriching life and society,” “extending healthy life-span” and “protecting food.”

(2) Evaluation Criteria

For each of the three contribution categories, we have identified actions aimed at helping solve social issues (decision item) based on needs in areas such as universal design and amenities, resilience and smart city, universal health coverage, and food security. These actions include providing clean water and living environments, ensuring safe and stable medical and welfare services, and securing safe and stable food supplies. The actions aimed at helping solve social issues are regularly reviewed to reflect changes in the environment and shifts in our corporate strategy. We made an amendment in FY2019 to add a category for contribution to sustainable communities, including disaster prevention/mitigation and longer infrastructure life. The review board assesses whether our products and services are likely to have a positive impact by considering at which stage of the supply chain they align with the actions aimed at helping solve social challenges.

Additionally, if a product or service is deemed likely to be used to promote any socially harmful impacts, it is considered inappropriate for certification as a Rose Value™ product or service. In such cases, regardless of the individual contribution content, certification is avoided.

Examples of uses where certification is avoided

  • Tobacco (due to significant health concerns)
  • Fertilizer coatings (identified as a source of microplastics, which negatively impact the environment), etc.

Rose Value™ Contribution Categories and Actions Aimed at Helping Solve Social Challenges

Contribution categories (certification item) Actions aimed at helping solve social challenges (decision item)

Enriching life and society

1 No poverty
3 Good health and well-being
5 Gender equality
6 Clean water and sanitation
7 Affordable and clean energy
9 Industry, innovation, infrastructure
11 Sustainable cities and communities
13 Climate action
  • Disasters
    Reduce the impact of occurrence of disasters or the impact of disasters on human lives and daily life
  • Products and services that form the basis of daily life
    Ensure a stable and permanent supply of products and services that serve as essential infrastructure for social life
  • Livelihood activities (1) (improvement of safety)
    Reduce the risk of injury and other risks associated with unavoidable activities in daily life
  • Livelihood activities (2) (inclusive society)
    Improve disadvantages for certain vulnerable groups that are associated with unavoidable activities in daily life

Extending healthy life-span

1 No poverty
2 Zero hunger
3 Good health and well-being
6 Clean water and sanitation
  • Living environment
    Enable the social and economic sustenance of water and sanitary living conditions for all people to maintain their health
  • Personal health
    Ensure that all people have access to the products and services they need to maintain and improve their health
  • Medical and social services
    Ensure that all people have access to medical and social services when they need them

Protecting food

2 Zero hunger
12 Responsible consumption, production
  • Food
    Ensure that all people have access socially and economically to safe food in the quantities and at the times they need it
Contribution categories (certification item)
  Actions aimed at helping solve social challenges (decision item)

Enriching life and society

1 No poverty 3 Good health and well-being 5 Gender equality 6 Clean water and sanitation 7 Affordable and clean energy 9 Industry, innovation, infrastructure 11 Sustainable cities and communities 13 Climate action
 
  • Disasters
    Reduce the impact of occurrence of disasters or the impact of disasters on human lives and daily life
  • Products and services that form the basis of daily life
    Ensure a stable and permanent supply of products and services that serve as essential infrastructure for social life
  • Livelihood activities (1) (improvement of safety)
    Reduce the risk of injury and other risks associated with unavoidable activities in daily life
  • Livelihood activities (2) (inclusive society)
    Improve disadvantages for certain vulnerable groups that are associated with unavoidable activities in daily life

Extending healthy life-span

1 No poverty 2 Zero hunger 3 Good health and well-being 6 Clean water and sanitation
 
  • Living environment
    Enable the social and economic sustenance of water and sanitary living conditions for all people to maintain their health
  • Personal health
    Ensure that all people have access to the products and services they need to maintain and improve their health
  • Medical and social services
    Ensure that all people have access to medical and social services when they need them

Protecting food

2 Zero hunger 12 Responsible consumption, production
 
  • Food
    Ensure that all people have access socially and economically to safe food in the quantities and at the times they need it

Our Reasonable Involvement

We evaluate the extent to which the Group’s products and services contribute to our approach to social challenges identified in the first stage of assessment. This evaluation considers not only the Company’s direct contributions, but also aims to visualize the broader impact across the supply chain, including processing by customers and the use of the final products.

Overview of Recent Review Results

At the FY2024 review board, 42 products and services were certified as Rose Value™. Newly certified Rose Value™ products include breathable film that reduces discomfort caused by leaks and stuffiness in masks and diapers, and a business that recycles industrial waste into chemicals used as raw materials for semiconductors and other products. During the certification renewal review, which is conducted every five years to reflect changes in societal demands and the market environment, products such as water pipe that are less likely to break during earthquakes was once again certified.

On the other hand, applications that lack trade-off information or provide insufficient explanation of contributions to improving quality of life (QOL) are deemed inappropriate and are not certified. Additionally, applications in which the role of our products in solving social challenges is unclear are also not certified.

By applying this two-step assessment—considering both the approach to social challenges and our reasonable involvement, while also taking into account prerequisites and trade-offs—we strive to evaluate as objectively as possible whether a product or service truly contributes to solving social challenges. Additionally, we base our reviews on the advice and views from external advisors regarding the validity of certification in terms of the impact of social contribution throughout the entire supply chain.

External Advisors

When determining the assessment methods and review criteria for Rose Value™ products, we receive advice from the Japan Research Institute, Ltd., which serves as an external advisor and provides insights from a specialist perspective. In addition, prior to the review board meeting, we also take into account the expert opinions provided by the institute on the level of contribution made by the applicant products, and the review board determines whether they meet the criteria.

In fiscal 2024, regarding the application for electronic materials that contribute to the advancement of smartphone functionalities, our advisor pointed out the need to more specifically identify the impact from the perspective of solving social challenges. In response, the applicant clarified how the enhanced functionality of its product contributes to maintaining infrastructure and improving convenience in daily life through better smartphone service performance. As a result, the review board recognized the connection between the product’s functionality and the resolution of social challenges, and the product was certified as a Rose Value™ product.


Rose Value™ Advisor

The Japan Research Institute, Limited

Meeting with the advisor Meeting with the advisor