Mitsubishi Research Institute, Inc.
Climate Impact & Sustainability Data (2017, 2019)
Reporting Period: 2017
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Corporate Social Responsibility (CSR)
- Creating Shared Value (CSV)
- Corporate Governance
- Environmental Sustainability
- Human Resource Development
Environmental Achievements
- Steady decline in paper use and CO2 emissions per person over the past few years.
- Implementation of mega-solar power generation projects to revitalize regional communities.
Social Achievements
- Support for education and human resource development, including Future Co-creation Seminars for high school students and internships for university students.
- Recognition as an excellent company in promoting women’s careers by the Minister of Health, Labor and Welfare.
- Employee volunteer work in local communities and schools.
Governance Achievements
- Establishment of a comprehensive risk management system (ARMS) and business continuity management (BCM) system.
- Compliance with ISO 26000 international standards for CSR and signing the United Nations Global Compact.
- More than one-third of the Board of Directors are Outside Directors, ensuring external viewpoints in management.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve net sales of 100 billion yen, ordinary income of 8 billion yen, and ROE of 10% in 2020.
Short-term Goals:
- Gain a foothold for growth toward the fiscal year ending September 30, 2019 and beyond.
Environmental Challenges
- Social challenges in Japan including declining birthrate, aging population, labor shortages, low growth rates, and budget deficits.
- Lagging behind more advanced nations in reducing CO2 emissions.
Mitigation Strategies
- Implementing three reforms in the medium-term management plan (business portfolio reform, business model reform, and work style reform) to achieve sustainable growth.
- Focusing on government-industry co-creative solutions and private sector services to address social problems and expand businesses.
- Utilizing AI, IoT, robotics, and blockchain technologies to improve efficiency and create new business opportunities.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISO 26000, UNGC
Certifications: CMMI Level 5 (Mitsubishi Research Institute DCS Co., Ltd.), Eruboshi certification (for promoting women’s careers)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Eruboshi certification
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced electricity consumption (kWh/m2): 82.04 in FY2017/9 to 73.11 in FY2019/9
- Reduced paper consumption (sheets/person): 5,259 in FY2017/9 to 4,416 in FY2019/9
- Reduced waste output (kg/person): 43.73 in FY2017/9 to 34.49 in FY2019/9
Social Achievements
- Launched work style reforms, resulting in reduced working hours and increased paid leave usage.
- Received level three Eruboshi Certification for efforts to advance women in the workplace.
- Implemented various programs to improve employee work-life balance (remote work, skill development support, childcare & long-term nursing care, parental leave).
Governance Achievements
- Established a Governance Advisory Committee to evaluate the effectiveness of the Board of Directors.
- Maintained full compliance with the Corporate Governance Code (CGC).
- Implemented multifaceted policies to prevent information leaks (confidential information management, computer behavioral detection, employee education).
Climate Goals & Targets
Long-term Goals:
- Creating a prosperous and sustainable society in a world populated by 10 billion people with 100-year lifespans.
Medium-term Goals:
- Achieving net sales of 94 billion yen and ordinary profit of 7 billion yen by FY2020/9/30.
Short-term Goals:
- Putting the finishing touches on Medium-Term Management Plan 2020 and laying the foundation for the next one.
Environmental Challenges
- A system development project with a quality issue in the IT Services Segment in FY 2018/9.
- Growing and complex risks amid technological advances and changes in the operating environment.
- Recruitment challenges, growing fluidity of the labor market, and deteriorating employment conditions.
Mitigation Strategies
- Revising strategy for private-sector IT solutions business.
- Improving risk management by harnessing knowledge from Think Tank & Consulting Services.
- Promoting multifaceted human resource policies (recruitment and training programs, diversity initiatives, employee welfare package).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: International Integrated Reporting Council’s framework, Ministry of Trade, Industry, and Economy’s Guidance for Value Co-Creation
Certifications: ISO 14001, ISO 9001, PrivacyMark System based on JIS Q15001
Awards & Recognition
- Level three Eruboshi Certification