Risk and Compliance

Promoting Compliance

As an indication of the priority given to compliance with laws and regulations over any pursuit of profit, the Mitsui Chemicals Group has identified compliance with the laws and regulations as the first item in its Group Action Guidelines formulated in February 2006. In addition to putting in place a risk management framework that includes the Risk & Compliance Committee and Risk Hotline, Mitsui Chemicals is acutely aware of the critical need to have its employees who drive its risk management framework forward strictly adhere to all laws and regulations. With this in mind, the Company has undertaken four initiatives in an effort to promote compliance. In addition to preparing a basic Compliance Guidebook, we conduct compliance awareness education and training as well as workplace discussions covering case studies of violations of laws and regulations in order to strengthen the understanding of employees. From a skills and knowledge perspective, we also conduct legal and regulatory compliance training.

Compliance Guidebook

The Compliance Guidebook (issued in 2006) summarizes basic points that Group directors and employees should consider when carrying out their duties. It is a tool that emphasizes the need to comply with all laws and regulations, a key component of the Mitsui Chemicals Group Action Guidelines. In addition to the existing Japanese and English editions, we compiled a new Chinese edition containing information on Chinese laws and regulations in 2009. Distributed mainly to our subsidiaries in China, these guidebooks help promote compliance on a day-to-day basis.

Example-Based Workplace Discussions on Legal and Regulatory Violations

The Mitsui Chemicals Group has been organizing example-based workplace discussions on legal and regulatory violations since fiscal 2008. These discussions involve members of staff in each workplace discussing examples of compliance violations at Mitsui Chemicals and at other companies, with a focus on the causes, preventive measures and the potential for similar occurrences in their own workplace. The aim is to raise awareness of legal and regulatory compliance and reinforce interactive communication with senior members of staff. Discussions have received a positive response in many of our workplaces, with some departments voluntarily increasing the frequency of discussion sessions and others picking out examples of particularly relevant violations at other companies.

Compliance Awareness Training

The awareness of individual directors and employees is the most important factor to ensure compliance. The required level of awareness varies however depending on each individual's position within the Company. We therefore tailor the contents of compliance awareness training to suit every level, from new recruits to employees newly promoted to a management position, newly appointed line managers and each management rank.
Our goal is for individuals at every level to take the initiative and set an example for others, thereby raising levels of compliance awareness throughout the Group and creating a more open corporate culture.

Legal and Regulatory Compliance Training and e-Learning

Here at the Mitsui Chemicals Group, we organize legal and regulatory compliance training in order to improve employees' knowledge. Training is provided via e-learning or group training sessions, both of which cover specific laws and internal regulations that our employees need to be aware of in order to carry out their duties. We also organize customized training sessions for individual divisions or subsidiaries and affiliates on request.
Required subjects vary depending on the contents of each employee's duties. We also require employees to re-take courses on a regular basis to ensure that they are aware of recent developments. Participation in these training initiatives is audited by the Internal Control Division. In this manner, we place the utmost importance on participation.

e-Learning Education and Training Themes

  • Industrial safety and health legislation
  • Process safety legislation
  • Environmental legislation
  • Quality control
  • Harassment
  • Finance and taxation
  • Intellectual property
  • Information management
  • Contracts
  • Antimonopoly legislation
  • Credit control
  • Export control
  • Purchasing