Mitsui Chemicals, Inc. · TSE:4183
Mitsui Chemicals — ESG Presentation (July 2023)
30 slides from Mitsui Chemicals's sustainability presentation, Jul 12, 2023
Slide 1: ESG Presentation
July 12, 2023 ESG Presentation MCI Group’s Promotion of ESG HASHIMOTO Osamu Representative Director, Member of the Board, President & CEO 1. KPI Management IZAWA Kazumasa Managing Executive Officer & CSO 2. Human Capital ANDOU Yoshinori Member of the Board, Senior Managing Executive Officer & CHRO 3
Slide 2: MCI Group's Promotion of ESG
MCI Group’s Promotion of ESG HASHIMOTO Osamu 橋本 修 Representative Director, Member of the Board, President & CEO Mitsui Chemicals, Inc. July 12, 2023 Copyright © 2023 Mitsui Chemicals, Inc. 2
Slide 3: MCI Group's Approach to Sustainability
3 MCI Group’s Approach to Sustainability Jul 12, 2023 Corporate Mission Contribute broadly to society by providing high-quality products and services to customers through innovation and the creation of materials, while keeping in harmony with the global environment Corporate Target To be a corporate
Slide 4: MCI Group's Promotion of ESG
4 MCI Group’s Promotion of ESG Jul 12, 2023 ▶ We are pursuing sustainable growth for both society & the MCI Group by incorporating ESG elements into our management practice and strategies and bolstering related efforts. ▶ Today, we will focus on KPI management, human capital and governance, and give
Slide 5: 1. KPI Management
1. KPI Management IZAWA Kazumasa 伊澤 一雅 Managing Executive Officer & CSO Mitsui Chemicals, Inc. July 12, 2023 Copyright © Copyright © 2023 2023 Mitsui Mitsui Chemicals, Chemicals, Inc. Inc. 5
Slide 6: Contents/Agenda
Contents/Agenda ▶ 1. Introduction ▶ 2. Improving Our Risk Management System ▶ 3. Progress on KPI Management Copyright © 2023 Mitsui Chemicals, Inc. 6
Slide 7: Efforts for KPI Management: Overview
1. Introduction 7 Efforts for KPI Management: Overview Jul 12, 2023 June 2022, November 2022, April 2022: July 2023: June 2023: ESG Presentation ESG Presentation CEO Presentation ➢ Review of our risk management ➢ Improving our risk management system & process system ➢ Our approach to KPI management
Slide 8: Review of Our Risk Management System
2. Improving Our Risk Management System 8 Review of Our Risk Management System Jul 12, 2023 ▶ Risk management is the very core of business. We will look to minimize threats to our growth and make the most of opportunities, helping us in turn to get a grasp on the changing business environment and ma
Slide 9: Diagram of Risk Management at MCI
2. Improving Our Risk Management System 9 Diagram of Risk Management at MCI Jul 12, 2023 ▶ Getting the most out of our existing company-wide risk management system while we move to a system that will give us a more comprehensive, high-level understanding ▶ Holding discussions among management to ide
Slide 10: Risk Management System & Process
2. Improving Our Risk Management System 10 Risk Management System & Process Jul 12, 2023 ▶ Important company-wide risks identified by the Risk Management Committee are recognized by the Board of Directors and incorporated into the business planning system. Disclosure ② Group-wide & global management
Slide 11: Review of Materiality & Non-Financial KPIs (FY2022)
3. Progress on KPI Management 11 Review of Materiality & Non-Financial KPIs (FY2022) Jul 12, 2023 ▶ Our promotion of ESG aims to seize opportunities and leverage them to improve our corporate value (i.e. using opportunities as a source of value creation) ▶ We are striving toward a management system
Slide 12: Review of Materiality & Non-Financial KPIs (Future Plans)
3. Progress on KPI Management 12 Review of Materiality & Non-Financial KPIs (Future Plans) Jul 12, 2023 ▶ Advancing effective KPI management for both financial and non-financial metrics to improve corporate value Pursuing an analysis of the relationship Pursuing risk management between financial & n
Slide 13: 2. Human Capital
2. Human Capital ANDOU Yoshinori 安藤 嘉規 Member of the Board, Senior Managing Executive Officer & CHRO Mitsui Chemicals, Inc. July 12, 2023 Copyright © Copyright © 2023 2023 Mitsui Mitsui Chemicals, Chemicals, Inc. Inc. 13
Slide 14: Contents/Agenda
Contents/Agenda ▶ 1. Corporate Culture Including Diversified Individuals ▶ 2. History of Human Resources Strategy ▶ 3. Practices for Human Capital management ▶ 4. Restructuring Our Nomination Committee and Our Executive Compensation Committee Copyright © 2023 Mitsui Chemicals, Inc. 14
Slide 15: 1. Corporate Culture Including Diversified Individuals
15 1. Corporate Culture Including Diversified Individuals Jul 12, 2023 ▶ Seizing on the social issues of each new era and responding to them with material creation & innovation, we have transformed ourselves into a solution provider ▶ We have included diversified Talents over the more than 110 years
Slide 16: (Reference) MCI Group's Employee Headcount
16 (Reference) MCI Group’s Employee Headcount Jul 12, 2023 ▶ As we pursue our business portfolio transformation, we are expanding our Talents throughout the MCI Group around the world End of 2022 Europe 2,947 End of 2022 2011 China End of 2022 Europe 86 902 2011 China Japan 2011 Americas 561 9,797 1
Slide 17: 2. History of Human Resources Strategy
17 2. History of Human Resources Strategy Jul 12, 2023 ▶ Interacting with corporate business strategy, we have developed our HR strategy and continuously invested on Human capital 2011 & 2014 Mid-Term Business Plans VISION 2025 VISION 2030 FY2011－2015 FY2016－2021 FY2022－ Approach Investing corporate
Slide 18: (Reference) Global Human Resources Division + CoC System
(Reference) Global Human Resources Division + CoC System 18 Jul 12, 2023 ▶ Since 2011, we have been focusing on building global HR network & trust across the MCI Group. We have structured a group-wide HR governance for all of HR functions. CHRO GM-GHR GL‐GHR Operation & standards ✓ Each regional CoC
Slide 19: (1) Human Capital Portfolio (Acquisition)
3. Practices for Human Capital Management 19 (1) Human Capital Portfolio (Acquisition) ➊ Jul 12, 2023 ▶ Speeding up transformation by acquiring and appointing Diversified Talent, who have diversified knowledge, skills, values and backgrounds required for new business domains Mid-career recruitment r
Slide 20: (1) Human Capital Portfolio (Development)
3. Practices for Human Capital Management 20 (1) Human Capital Portfolio (Development) ❷ Jul 12, 2023 ▶ Since 2011, we have been constantly investing on the training of human capital for the prioritized area of our corporate business strategy ✓ Leadership development, including affiliates Leadership
Slide 21: (2) Employee Engagement (Definition)
3. Practices for Human Capital Management 21 (2) Employee Engagement (Definition) ❸ Jul 12, 2023 ▶ We will aim to have more than “50%/ Highly Engaged” encouraging our management to make our employees align their purpose with Corporate Mission and Vision. 2030 target: Engaged = 50% (Highest level amo
Slide 22: (2) Employee Engagement (Post survey action)
3. Practices for Human Capital Management 22 (2) Employee Engagement (Post survey action ) ❸ Jul 12, 2023 ▶ Management taking initiative in implementing a wide range of post-survey efforts Engagement Factor Scores Management A Productive Business Environment Learning & Self-development ✓ Total of mo
Slide 23: (2) Employee Engagement (Workstyle Discussions With All Employees)
3. Practices for Human Capital Management 23 (2) Employee Engagement (Workstyle Discussions With All Employees) ❸ Jul 12, 2023 ▶ Conduct workstyle discussions with all employees*1 for the post-COVID era ▶ Maximizing output by leveraging flexible workstyles based on each role and responsibilities Wor
Slide 24: (3) Group-Wide Integrated Human Resources Platform (Infrastructure)
3. Practices for Human Capital Management ❹ 24 (3) Group-Wide Integrated Human Resources Platform (Infrastructure) Jul 12, 2023 ▶ System go-live in February 2023 (integrating all organization and HR operations across MCI Group) ▶ Aiming to realize fully inclusive talent management throughout MCI Gro
Slide 25: Restructuring Our Nomination Committee and Executive Compensation Committee
4. Restructuring Our Nomination Committee and 25 Our Executive Compensation Committee Jul 12, 2023 ▶ Encouraged by independent directors, we re-built a structure that gives us more effective supervision and advice (restructured in FY2022) Nomination Committee Executive Compensation Committee Number
Slide 26: 3. Governance
3. Governance MABUCHI Akira 馬渕 晃 Member of the Board Mitsui Chemicals, Inc. July 12, 2023 Copyright © 2023 Mitsui Chemicals, Inc. 26
Slide 27: 1. Self-Introduction
27 1. Self-Introduction Jul 12, 2023 Outside Director MABUCHI Akira April 1979 Joined Fuji Heavy Industries Ltd. (currently SUBARU CORPORATION) April 2005 Executive Officer & Senior General Manager of Subaru Engineering Division, Fuji Heavy Industries June 2007 Senior Vice President & Chief General
Slide 28: 2. Evaluating the Board's Effectiveness: Evaluation Process
28 2. Evaluating the Board’s Effectiveness: Evaluation Process Jul 12, 2023 • Survey of directors and corporate auditors Main items evaluated: 1. Carry out survey • Use service of third-party organization for ✓ Structure survey planning and data aggregation ✓ Management ✓ Discussions ✓ Monitoring ca
Slide 29: 2. Evaluating the Board's Effectiveness: FY2022 Results
29 2. Evaluating the Board’s Effectiveness: FY2022 Results Jul 12, 2023 ▶ Self-assessed scores from board members and auditors are largely unchanged from the previous fiscal year (overall average up by 0.1 points) ▶ “Discussion” and “committee management” appear particularly notable when looking at
Slide 30: 3. Hopes for Mitsui Chemicals From an Outside Director's Perspective
30 3. Hopes for Mitsui Chemicals From an Outside Director’s Perspective Jul 12, 2023 ➢ ESG promotion efforts • High opinion of the company’s proactive efforts to quantify non-financial metrics, have systems for following up on those metrics, create risk management systems, etc. • Hopes for the compa