The 2025 Long-term Business Plan for Sustainable Growth and Development

The 2025 Long-term Business Plan for Sustainable Growth and Development

The 2025 Long-term Business Plan embodies our strong commitment toward realizing our sustainable growth and development along with society. We will make every effort to contribute to solving social challenges through our business activities and engage in management that strikes a proper balance between economic, environmental, and social concerns.

Advance Triple Bottom Line Management to Realize Our Targeted Future Society

The Mitsui Chemicals Group undertakes a diverse array of activities to ensure that it is trusted and highly valued by all stakeholders, and a corporate group that employees can be proud of as a matter of course. We also believe that realizing our Corporate Mission through our main business activities is the very essence of CSR. In other words, fulfilling our CSR involves taking in the concerns and perspectives of all stakeholders while working to secure the sustainable growth and development of the Group and society in each of the economic, environmental, and social fields.

In formulating the 2025 Long-term Business Plan, we revisited our Corporate Mission and Corporate Target while clarifying our view of a targeted future society. This was after taking into consideration the requirements of society and other factors including mega trends and Sustainable Development Goals (SDGs). Moving forward, we will harness the strengths of the Group to contribute to society.

Sustainability Development Goals (SDGs) :
The 17 Sustainable Development Goals (SDGs) identified in the Transforming Our World: the 2030 Sustainable Development Agenda adopted at the United Nations Sustainable Development Summit in 2015.

Targeted future society

Setting Environmental and Social Targets

The Mitsui Chemicals Group has identified three environmental and social targets under its 2025 Long-term Business Plan after giving due consideration to its contribution to and impact on society through its business activities.

In addition, the Group took steps to reconsider key issues (materiality) when putting in place its 2025 Long-term Business Plan. Recognizing that efforts to promote key issues (materiality) will better allow us to resolve social challenges and achieve the targets set out under the 2025 Long-term Business Plan, we will continue to pursue key issues (materiality).

The Mitsui Chemicals Group will work to effectively promote the 2025 Long-term Business Plan while confirming the connection between the needs of society and SDGs on an ongoing basis moving forward.

Environmental and Social Targets under the 2025 Long-term Business Plan

Maximize products and services to achieve a low carbon, recycling-oriented, and cohesive society in harmony with the environment
The Mitsui Chemicals Group will make every effort to stimulate innovation across the entire product lifecycle from raw materials through processing to use and disposal in a bid to protect the global environment while at the same time promoting economic growth.
Maximize products and services to achieve increased QOL and a smart society
The Mitsui Chemicals Group will help realize a healthy and happy society as well as a smart society in which all people can lead rich and convenient lives.
Pursue thorough safety, high quality, and fairness across the entire supply chain
The Mitsui Chemicals Group will work diligently to ensure the safety as well as high quality and fairness across the entire supply chain that is necessary to reform its business portfolio and expand globally.

Maximize Products and Services to Achieve a Low Carbon, Recycling-oriented, and Cohesive Society in Harmony with the Environment

Target Items Details 2025 Targets
Expand sales of environmentally oriented products and services Expand products and services that help realize a low carbon, recycling-oriented, and cohesive society in harmony with the environment across the entire supply chain (1) Blue Value™ products sales ratio:
30% or more
Reduce environmental impact in production and logistics Reduce GHG and environmentally harmful substance emissions and efficiently utilize resources throughout the Group as a whole (2) GHG emissions reduction rate): 25.4% or more compared with fiscal 2005 (2030)
(3) Per-unit energy consumption reduction rate: Continue by an average of over 1% per year over five years
Related SDGs Related Key Issues
  • 6 CLEAN WATER AND SANITATION
  • 7 AFFORDABLE AND CLEAN ENERGY
  • 8 DECENT WORK AND ECONOMIC GROWTH
  • 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE
  • 11 SUSTAINABLE CITIES AND COMMUNITIES
  • 12 RESPONSIBLE CONSUMPION AND PRODUCTION
  • 13 CLIMATE ACTION
  • 14 LIFE BELOW WATER
  • 15 LIFE ON LAND

* Mitsui Chemicals, Inc. and consolidated subsidiaries in japan

Maximize Products and Services to Achieve Increased QOL and a Smart Society

Target Items Details 2025 Targets
Expand sales of products and services that contribute to a healthy and happy society Expand products and services that can increase QOL by addressing such issues as the declining birthrate and aging population, advancement of medical and pharmaceutical fields, and food problem (4) Rose Value™ products sales ratio:
30% or more
Related SDGs Related Key Issues
  • 2 ZERO HUNGER
  • 3 GOOD HEALTH AND WELL-BEING
  • 5 GENDER EQUALITY
  • 6 CLEAN WATER AND SANITATION
  • 7 AFFORDABLE AND CLEAN ENERGY
  • 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE
  • 11 SUSTAINABLE CITIES AND COMMUNITIES
  • 12 RESPONSIBLE CONSUMPION AND PRODUCTION

Pursue Thorough Safety, High Quality, and Fairness across the Entire Supply Chain

Target Items Details 2025 Targets
Ensure safety Maintain high levels of safety even in the face of increasingly diverse human resources, equipment and facilities as well as technologies due to global growth and efforts to transform the business portfolio (5) Incidence of major accidents:
Continue at zero

(6) Work-related significant occupational injury frequency rate:
Continue at less than 0.15%
Provide high quality products Ensure the stable supply of products that meet and satisfy customers’ requirements at a high level (7) Incidence of customer non-conformance: Less than 10ppm
Implement product stewardship Implement risk management across the supply chain through the risk assessment of products and provision of safety information to customers and other stakeholders (8) Product risk assessment implementation rate: 99% or more (2020)
(9) Provision ratio of the latest safety information for all products: Continue at 100%
Continue as a company that is fair and trusted by society Thoroughly comply with all statutory and regulatory requirements and prevent misconduct in all global business activities (10) Incidence of major legal and regulatory violations: Continue at zero
Exert an influence of the sustainability of business partners (11) Supplier sustainability assessment and improvement support (Sustainable procurement ratio): 70% or more
Enable Group employees to work in a vibrant manner and to fulfill their potential (12) Ratio of women in line manager or higher positions**: 10% or more (parent company employees)
(13) Increase employee engagement
Related SDGs Related Key Issues
  • 3 GOOD HEALTH AND WELL-BEING
  • 4 QUALITY EDUCATION
  • 5 GENDER EQUALITY
  • 8 DECENT WORK AND ECONOMIC GROWTH
  • 10 REDUCED INEQUALITIES
  • 11 SUSTAINABLE CITIES AND COMMUNITIES
  • 12 RESPONSIBLE CONSUMPION AND PRODUCTION
  • 13 CLIMATE ACTION
  • 15 LIFE ON LAND
  • 16 PEACE, JUSTICE AND STRONG INSTITUTIONS

** Mitsui Chemicals, Inc. registered employees