Mitsubishi Motors Demonstrates their character by contributing to the creation of a vibrant and sustainable society through their business activities.

The foundations for CSR activities pursued by Mitsubishi Motors are expressed in the Three Principles, representing the fundamental philosophy of the Mitsubishi Group; our Vision of the society we want to create; and our Mission, being the path to realizing the Vision.
 
In fulfilling our Vision of creating “a vibrant society by realizing the potential of mobility,” it is essential that we work together with customers, business partners, dealers, shareholders, local communities and all other stakeholders. While continually learning from and imparting knowledge to stakeholders, we are fully devoted to tackling the company’s material CSR issues (materiality).

Drawing on Unique Strengths in Quickly and Flexibly Adapting to Changes in the External Environment

As illustrated by initiatives such as the Sustainable Development Goals (SDGs) adopted by the United Nations, the Paris Agreement, an international accord on climate change, and recommendations by the Task Force on Climate-related Financial Disclosures (TCFD), the international community is stepping up introduction of targets and rules for dealing with social issues.

Alongside the formulation of international targets, countries and regions worldwide are continually tightening fuel efficiency restrictions and standards, a trend that is impacting policy even in emerging economies in ASEAN and elsewhere. Mitsubishi Motors, too, is putting in place structures for keeping a close eye on, and responding quickly to, such social developments. Besides adapting research and development activities to comply with laws and regulations, employees keep international targets and frameworks at front of mind as they carry out their duties.

We are also directing energy into development of technologies and services that meet diversifying customer needs in view of recent major expansion of the potential of mobility. While drawing on Mitsubishi Motors’ heritage and unique strengths, we will respond with speed to changes in the external environment.

A Pledge to Respect All Involved in Our Business and to Comply with International Norms

 
Changes in social trends are a theme that extends beyond products. We are required to show consideration toward employees and all other people involved in business operations, for example in regard to respect for human rights and diversity.

In May 2019, Mitsubishi Motors signed up to the United Nations Global Compact in a clear show of intent to respect human rights and pursue business responsibly. At the same time, we formulated human rights policies and issued a declaration that all officers and employees would respect the basic human rights of stakeholders related to business activities. In supporting the ten principles of the UN Global Compact, we seek global communication and implementation of the human rights policies.

As a company operating across the globe, Mitsubishi Motors recognizes the importance of respecting diversity. So far, we have made progress creating the right environment based on our Diversity Promotion Policy and an action plan to promote women’s participation and advancement in the workplace. Behind our positioning of diversity as one of the material CSR issues is a goal to pursue it with even greater commitment. We will work to realize workplace environments where all employees, regardless of their nationality, age, sex or other factors, can maximize their individual abilities and fully exert themselves.

Focusing on Regions and Products Where Strengths Lie to Contribute to Society through Activities Demonstrating Mitsubishi Motors’ Character

The concept of Mitsubishi Motors’ next mid-term business plan, launching in fiscal 2020, is “Small but Beautiful.” This refers to the sale of competitive products that reflect our special strengths, focusing on the regions where we are strong—a message of intent to keep growing at a steady pace.

The same can be said for CSR activities. Mitsubishi Motors has for many years directed efforts into spreading electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), which can demonstrate their worth in times of disaster or other emergencies, contributing to a sustainable society.

In the ASEAN region, where we have carried out business activities over many years, we are actively seeking resolutions for the region’s social issues. Our aim is to achieve sustainable growth together with local communities while drawing on the characteristics unique to Mitsubishi Motors.

Looking ahead to the fulfillment of our corporate Vision of creating a vibrant society by realizing the potential of mobility, we will clarify the issues we need to address, and measures we need to take, within environmental, social and governance areas, particularly in the context of material CSR issues (materiality). In this way, we will contribute to the sustainable development of society.

As a final word, in June of this year, we made the transition to become a company with three committees. Through this action, clear separation of the supervisory and executive functions of management has been achieved. As such, while continuing to further strengthen supervision and crisis management for the establishment of sturdy and transparent management, we will realize the execution of swift operations in quick response to changes in the business environment.

To read the original news article, please see the following link: https://tinyurl.com/y54z9h6t