Environment
Environmental Policy
Mitsubishi Motors recognizes that responding to environmental issues through its business activities is essential. Accordingly, we will engage proactively in specific and effective measures from a medium- to long-term perspective.
(Directions of initiatives)
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We will face three specific environmental issues headon: climate change, resource depletion and environmental pollution.
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Given that 2050 is an important landmark for climate change on a global scale, we have clarified levels to be achieved, in 10-year increments, and are pursuing initiatives to this end.
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We will respond to environmental issues through the following activities:
- Unique environmental contributions through our products
- Initiatives at each stage of automobile production, sale and use
- Collaboration with business partners, affiliated institutions, governments and local authorities
- Initiatives targeting environmental issues rooted in the local community
- Initiatives to determine and reduce environmental impact of all related business activities
MITSUBISHI MOTORS Group Guidelines for the Preservation of Biodiversity
The MITSUBISHI MOTORS Group will continue to track and reduce its impact on biodiversity, recognizing that the activities of humankind can both benefit from and affect the diversity of living organisms. To this end, the entire Group will take on initiatives for preventing global warming and environmental contamination, and promote the recycling and efficient use of resources, while engaging in activities that pay consideration to biodiversity.
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Consideration to biodiversity in business activities
We will track and reduce the impact of business activities on biodiversity by conserving energy, reducing the generation of waste, and curtailing the release of chemicals. At the same time, we will also pay consideration to neighboring communities when making use of land for factory construction and other purposes.
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Consideration to biodiversity in products
We will promote fuel efficiency, exhaust gas countermeasures and recycling-friendly design of our products, while striving to select and use materials that pay consideration to the environment.
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Education, understanding and self-awareness
We will continue to educate the entire Group from management to employees on the front lines to share a common understanding and develop a self-awareness of the relationship between business activity and biodiversity.
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Cooperation and collaboration with society
These activities will be promoted in cooperation with all stakeholders including the supply chain, stockholders, local governments, local communities, non-profit organizations (NPOs) and non-governmental organizations (NGOs).
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Information disclosure
We will strive to disclose and disseminate the content and results of these activities to customers and local communities.
Social
Human Rights Policy
Our Human Rights Policy stipulates the following content, as well as items to be complied with and addressed.
- The purpose of this human rights policy is to ensure that Mitsubishi Motors conducts business activities with respect for the human rights of our stakeholders.
- Mitsubishi Motors recognizes that the efforts to respect human rights are essential factors in the fulfillment of our social responsibilities. All of the executives and employees within Mitsubishi Motors comply with this human rights policy.
- Mitsubishi Motors respects basic human rights in our business activities on the basis of the Corporate Mission and the MITSUBISHI MOTORS Global Code of Conduct.
- Mitsubishi Motors supports and respects the following international norms and standards.
- The International Bill of Human Rights and relevant treaties on human rights
- The ILO Declaration on Fundamental Principles and Rights at Work and relevant standards
- The UN Guiding Principles for Business and Human Rights
- The UN Global Compact
- Mitsubishi Motors promotes efforts to respect human rights through its relationship with stakeholders.
- Mitsubishi Motors complies with national laws and regulations in each market where we operate. Where we face conflicts between internationally recognized human rights and national laws, we will seek ways to honor the principles of international human rights.
Diversity Promotion Policy
We aim to respond to change and heighten organizational capabilities by incorporating diverse viewpoints and approaches through the different abilities and characteristics of each employee. In this way, we will create vehicles offering new levels of attractiveness and value. We are promoting Di@MoND (Diversity @MITSUBISHI MOTORS New Drive) activities to create an environment where employees can maximize their individual abilities and play an active role.
Health and Safety Management Policy
Basic Policy
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We will undertake companywide activities with emphasis on each process of the PDCA cycle to eliminate workplace risks and hazards with safety taking priority over all else. Within each activity, confirmation, follow-up, and improvement will be carried out successively and continuously.
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Workplace supervisors from senior management down will implement comprehensive health and safety management measures under their own responsibility with an awareness that ensuring health and safety is the foundation of management. They will strive to create a workplace culture of discipline with consideration for others and a strict attitude of not engaging in, not allowing others to engage in, and not overlooking unsafe conduct. All workplace supervisors will also work to create a workplace culture that fosters open communication where subordinate personnel feel that they can say anything through honest dialogue at any time and to raise awareness of health and safety.
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Each employee shall observe basic rules and conduct guidelines relating to safety to protect their own safety and endeavor to create healthy workplaces with no accidents by conducting on health and safety activities in cooperation with all MITSUBISHI MOTORS personnel with a strong commitment to complying with decisions that they have made and decisions that have been made by others.
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Companywide efforts shall be made to create clean and comfortable work environments, prevent disease, and promote the health and physical well-being of each employee.
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Health and safety management shall be implemented in accordance with the MITSUBISHI MOTORS Health and Safety Management System.
“The Health Declaration” of MITSUBISHI MOTORS
The foundation for our employees having fulfilling work and personal lives is the mental and physical health of all employees and their families as well as the creation of an environment that allows them to work enthusiastically. MMC will actively promote each employee’s health.
Quality Policy
Quality is the fundamental requirement to support our business.
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Commit to excellence in Product, Sales, and Service Quality exceeding customer expectations
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Focus on Quality of Management to continuously improve overall company performance.
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Comply with laws and global regulations to gain trust on MMC quality.
Social Contribution Activities Policy
To address diversifying social issues, MITSUBISHI MOTORS carries out its STEP social contribution activities, focused on four main themes, standing for the first letters of Society, Traffic safety, Environment and People.
Based on this policy, we will continue to contribute to society by utilizing each and every employee's skills and know-how as well as our technologies and products, aiming to create a better society where people can hope for a better future.
Society
Contributing to the development of local communities through activities tailored to local needs
Traffic safety
Contributing to realization of a safe and secure society with no traffic accidents
Enviroment
Contributing to the preservation of our precious global environment
People
Contributing to the realization of a life full of smiles by supporting and being considerate of people
Governance
Independence Standards and Qualification for Outside Directors
We have established independence standards for Outside Directors as follows, and we appoint as independent directors those persons who are not at risk of having a conflict of interest with general shareholders.
<Independence standards and Qualification for Outside Directors>
The Outside Directors of MITSUBISHI MOTORS shall not be any of the following and shall be in a neutral position independent from our management.
- An executive of a major shareholder* of the Company
- major shareholder: a shareholder who owns a 10% or greater share of voting rights
- An executive of a major business partner*1 of the Company, or of a company for which the Company is a major business partner, or the parent company or subsidiary of such a company
- An executive of a major lender*2 to the Company or the parent company or subsidiary of such a company
- A person affiliated with an auditing firm that conducts statutory audits of the Company
- A consultant, an accounting professional such as a certified public accountant, or a legal professional such as an attorney-at-law who receives a large amount*3 of monetary consideration or other property other than compensation of Members of the Board from the Company (in the event such property is received by a corporation, association or other group, then any person belonging to such group)
- An executive of a company with which we share a Director
- An executive of an organization that is receiving a large donation or grant*3 from the Company
- A person to whom any of one through seven has applied during the past three years
- A person with a close relative (second degree of kinship) to whom any of one through seven applies
- A person whose total period in office as an Outside Director exceeds eight years
- Other persons for whom the possibility of a relationship with the Company appears strong under substantive and comprehensive consideration of the situation
- a major business partner: a major client of the Company with annual transactions valued at 2% or more of our consolidated net sales in the most recent fiscal year, or a major supplier to us with annual transactions valued at 2% or more of the supplier’s consolidated net sales in the most recent fiscal year
- a major lender: a financial institution that provides the Company with loans amounting to 2% or more of the Company’s consolidated total assets at the end of the most recent fiscal year
- large amount: an amount of consideration received from the Company that is 10 million yen or more
Global Tax Policy for MITSUBISHI MOTORS Group
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Tax compliance
The MITSUBISHI MOTORS Group (hereinafter simply referred to as “MITSUBISHI MOTORS”) pledges to pursue proper tax payments all over the world based on the “MITSUBISHI MOTORS Global Code of Conduct.” This means MITSUBISHI MOTORS maintains appropriate and timely tax payments by understanding the intent and purpose of the Base Erosion and Profit Shifting (BEPS) Action Plan, which was developed and publicized by the OECD and G20 countries, as well as by complying with tax regulations in all countries and regions in which it conducts businesses, tax treaties, and other international tax regulations related to its business. In addition, MITSUBISHI MOTORS pledges not to use any tax havens or loopholes that are against the intentions and purposes of laws. -
Corporate governance on tax matters
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（1）MITSUBISHI MOTORS recognizes corporate governance on tax matters as an infrastructure to promote tax compliance and tax planning and, under the initiative of top management, pursues the optimization of governance systems to secure the accuracy and transparency of accounting and tax-related information.
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（2）The MITSUBISHI MOTORS Group makes disclosures to all relevant taxation authorities and discloses appropriately and in a timely manner the BEPS transfer pricing documentation and other information required for submission by multinational enterprises.
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Basic Views and Policy
- The compensation system shall contribute to our group’s sustainable growth and medium- to long term improvement of corporate value.
- The compensation system shall be linked with corporate results in order to motivate Executive Officers to accomplish management strategies and management plans as well as to achieve targeted corporate results in an appropriate manner.
- The compensation levels shall contribute to securing professionals who measure up to ideal standards for management personnel that MITSUBISHI MOTORS expects for those responsible for corporate operation to have.
- The compensation system shall increase a shared awareness of profits with shareholders and awareness of shareholder-focused management.
- The decision-making process relating to compensation shall be highly transparent and objective.