This report provides information about sustainability initiatives by the Mitsubishi Electric Group to help realize a sustainable society. It primarily reports on significant activities, events, and changes that occurred in fiscal 2022 (year ending March 31, 2022) . Based on the PDCA (plan-do-check-act) approach, in reporting our activities, we tried to go beyond just presenting our principles and the results of activities to date in order to also refer to future policies and issues. Especially regarding our responses to incidents that caused stakeholders to worry and be troubled, we endeavored to report the progress of our efforts. In order to make the reporting format more simple and easy to understand as more information on sustainability is being disclosed, we have discontinued the Environmental Report that had been issued until fiscal 2022 and our reporting has been unified in the Sustainability Report starting this fiscal year.
We endeavor to fulfill our responsibility of presenting information to the public in order to broaden our range of communication with stakeholders. We appreciate any and all frank and honest feedback intended to further improve the report.
Period Covered by the Report
April 1, 2021 – March 31, 2022
- * Also includes some information on policies, targets, and plans for fiscal 2023 and thereafter.
Scope of the Report
|Social Aspects||Primarily covers activities of Mitsubishi Electric Corporation
*The range of data compiled is noted individually.
|Environmental Aspects||Primarily covers performance of Mitsubishi Electric Corporation and its affiliates
(Japan: 157, overseas: 101, total: 259)
|Economic Aspects||Primarily covers performance of Mitsubishi Electric Corporation, consolidated subsidiaries, and equity method affiliates
*Detailed information on economic performance is provided in the Investors section of our website.
Details on this configuration
To fulfil accountability to society, in addition to reporting our sustainability management, we divide our activities into three different categories in our reports: environment, society, and governance.
- GRI Standards, Global Reporting Initiative
- Environmental Reporting Guidelines (2018), Ministry of the Environment
- Business Owner Environmental Performance Indicator Guideline (2002), Ministry of the Environment
- Environmental Accounting Guidelines (2005), Ministry of the Environment
Non-financial information about the Mitsubishi Electric Group is disclosed in the Sustainability section of the website and "Sustainability Report." In addition, we provide information such as "ESG survey index" to notify our various initiatives comprehensively.
Regarding Future Projections, Plans, and Targets
This report contains not only statements of past and present facts related to Mitsubishi Electric Corporation and its affiliates (Mitsubishi Electric Group), but also future projections, plans, targets, and other forward-looking statements. Such projections, plans, and targets constitute suppositions or judgments based on information available as of the time they are stated. Future business activities and conditions may differ from projections, plans, and targets due to changes in various external factors.
The Mitsubishi Electric Group conducts business in the form of development, manufacturing, and sales in a broad range of areas, and these activities take place both in Japan and overseas. Therefore, the group's financial standing and business performance may be affected by a variety of factors, including trends in the global economy, social conditions, laws, tax codes, litigation, and other legal procedures. We would ask stakeholders to keep these points in mind when reviewing this report.