|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 
 |
Mitsubishi International Corporation (MIC) conducts business in accordance with the three Corporate Principles established by its parent, Mitsubishi Corporation: corporate responsibility to society, integrity and fairness, and international understanding through trade. Rooted in these principles, we rely on the Corporate Standards of Conduct, which mandate six points to be considered in our daily business activities, and the Code of Conduct, which states ten basic principles that each employee must follow. Environmental Initiatives Mitsubishi Corporation (MC) recognizes that an enterprise with global reach cannot continue to exist without consideration for its environmental performance. Therefore, MC strives to preserve and improve the global environment and pursues sustainable development through all aspects of its business activities. MC's Environmental Charter, enacted in 1996, applies to Mitsubishi Corporation and all domestic and overseas subsidiaries, including Mitsubishi International Corporation and articulates Guidelines for Corporate Action. In September, 2005, for instance, joint venture Alberta-Pacific Forest Industries Inc., which manages 13.6 million acres in northeastern Alberta, Canada, was awarded certification by the SmartWood program of the Rainforest Alliance, an accredited certifier of the Forest Stewardship Council, in recognition of the company's demonstrated environmentally responsible, socially beneficial and economically viable forest management practices. Alberta-Pacific's forest represents the largest Forest Stewardship Council-certified forest in the world, and is the first in Alberta and in the boreal forest of western Canada to be certified by the Council. MC, together with MIC, is continually looking for ways to help curb global climate change. For example, MC has participated in the Carbon Disclosure Project (CDP), a special project of Rockefeller Philanthropy Advisers that provides a secretariat for the world's largest institutional investor collaboration on the business implications of climate change, which released an important report in 2005. As one of the world's 500 largest companies according to market capitalization, MC was asked to provide pertinent information about MC's environmental impact for the CDP report, which details increasing awareness of the risks and opportunities of climate change. The expression of MIC's corporate responsibility to society is visible through the activities of the MIC Foundation, which was founded in 1992 to support environmental protection and sustainability, human rights and poverty alleviation. Human Rights In addition to environmental stewardship, MC also believes that respect for human rights is a vital element of its corporate social responsibility. The Mitsubishi Corporate Code of Conduct stipulates clearly that the company will "respect human rights; will not engage in discrimination on the basis of race, ethnicity, creed, religion, or any other grounds; will not tolerate sexual harassment; will foster a proper understanding and awareness of the issue of human rights; will respect the cultures, customs, and language of other countries and regions; and will promote and maintain harmony with the international and local communities in which it operates." Moreover, MC is committed to all international conventions on human rights, including the Universal Declaration of Human Rights, ILO Core Labor Standards, and the Voluntary Principles of Security and Human Rights. Sustainability Report and Stakeholder Engagement Part of our responsibility to society is to be transparent about the impact of our business activities on the earth. Please read about our CSR activities in more detail by visiting our Sustainability Report 2006. A highlight of the 2006 Sustainability Report is the stakeholder dialogue held in New York outlined on pages 48 and 49, where experts in the field of CSR offered their thoughts on MC’s global operations. Representing the Socially Responsible Investment community as well as environmental and human rights NGOs, these important stakeholders affirm the steps that we have taken thus far in terms of our sustainability footprint. However, as you will read, they particularly give us advice on the management of the impact of our supply chain. MIC is committed to continuing this engagement with our stakeholders so that we can further examine our sustainability footprint. It is important to note that the Sustainability Report 2006 was prepared with reference to the Global Reporting Initiative Guidelines. Policy Statements Forestry Policy Mitsubishi Corporation's (MC) forestry policy applies to MC and all domestic and overseas subsidiaries, including Mitsubishi International Corporation. While MC has no timber harvesting operations in tropical forests, it does have a large boreal forest operation and some temperate forest plantation investment. Mitsubishi Corporation's most significant forestry investment, Alberta-Pacific Forest Industries (Al-Pac), epitomizes the practice of environmentally sustainable management, as evidenced by its recent Forest Stewardship Council Certification. Marine Policy Mitsubishi International Corporation has adopted a dolphin-safe corporate policy to help eliminate the injury and death of dolphins and whales when fishing for tuna. We are committed to purchasing and distributing tuna only from packers/suppliers that have a dolphin-safe corporate policy confirmed by Earth Island Institute. |
|
|
|
