Management Framework

Risk Management Framework

At the Mitsui Chemicals Group, we carefully control all risks that could potentially threaten our business activities, to earn the trust of our shareholders, customers, members of the local community and all other stakeholders, and to fulfill our corporate social responsibility.

Risk & Compliance Committee

We established the Risk & Compliance Committee, which is headed by the director in charge of risk management, in order to review our risk management policy and to maintain and implement systems in accordance with our risk management regulations.

Group Risk Management System

We introduced the Mitsui Chemicals Group Risk Management System to quickly identify risks and prevent them from materializing. The system involves identifying key risks within the annual budget of each group company and division and implementing measures accordingly.
We also use tools such as compliance checklists as part of a PDCA* cycle designed to monitor progress with risk management measures and prevent risks from materializing.

PDCA: Plan, Do, Check, Act

Structure of our Group Risk Management System

Risk Hotline

Our Risk Hotline enables any group employee who has obtained information relating to risks, including details of illegal activities going on within the company, to directly report the matter to and seek advice from the Risk & Compliance Committee or an outside attorney. Our company regulations clearly state that employees using the hotline to report or seek advice about an incident must not receive unfavorable treatment.
The hotline is also open to reports and requests for advice from employees working for contractors at our works or other sites. In fiscal 2011, we extended the scheme even further to make the hotline available to suppliers of raw materials and parts.

Risk Hotline statistics

Business Continuity Plans (BCP)

We have formulated a Business Continuity Plan (BCP) for execution in the event of a major earthquake in the Tokyo metropolitan area. The plan outlines the establishment of an emergency headquarters, to quickly establish a chain of command in the event that Head Office is unable to function, and emergency customer response centers, to provide our customers with support quickly and effectively. We have also formulated BCP in preparation for other emergencies, including outbreaks of new strains of influenza and large-scale industrial accidents.