1. Significance of Efforts to Conserve Biodiversity
Based on the Corporate Philosophy "For People, Society and the Earth," we as the Mitsubishi Materials Group have the vision of "Circulating resources for a sustainable future" and, with the mission to "Create a sustainable future (a prosperous, recycling-oriented and decarbonized society)," we have established the following in our Code of Conduct as a rule to observe: "We will work to manage our environmental impact and promote decarbonization, make efficient use of natural resources and accelerate recycling."
We also consider the addressing global environmental issues as a Materiality in sustainable growth.
2. Basic Principles
We recognize that our business activities benefit from natural resources such as minerals and water, and we will conduct business activities that minimize the impact on the natural environment in order to pass on these limited resources to future generations.
In addition, we will conserve forests and closed mines, which are our roots, and the natural environment owned by facilities including renewable energy power plants, which will be the mainstream in the future, as important assets and also raise awareness about biodiversity conservation through community activities.
Through these activities, we will promote biodiversity conservation activities to contribute to a nature-positive society.
3. Focused Areas
Assessment of the impact of business activities and raw material procurement on biodiversity
Demonstration of the biodiversity conservation functions through maintenance of company-owned forests and management of closed mines
Provision of opportunities to interact with nature
Effective use of resources and reduction of the impact on the ecosystem through metal resource recycling
Ecosystem conservation through climate change measures
Compliance with environment-related laws and regulations in operations, etc.
4. Approaches
We will monitor the status of ecosystems and biodiversity at each business site, company-owned forests, closed mines, etc. In addition, we will ascertain the dependence and impact of our business (operations), including the supply chain, on the ecosystem, prioritize them and take appropriate measures.
To take measures, we will establish action targets to "avoid," "reduce" and "recover and regenerate" concerning substances that have an impact on nature and build an appropriate monitoring system in cooperation with local residents and experts.