Mitsubishi Chemical HoldingsTHE KAITEKI COMPANY

Shared Standards

Charter of Corporate Behavior

Mitsubishi Chemical Holdings Group managers shall recognize their responsibility to embody the spirit of this charter and shall ensure that employees are fully aware of its content. We shall expect our suppliers and other business partners to share all the standards set out in this charter, including but not limited to standards relating to human rights, employment, and labor.

Recognition of Issues and Basic Approach

The Mitsubishi Chemical Holdings Group has established a supply chain in which the Group collaborates with business partners worldwide, conforms with product stewardship, and shows consideration for product safety and the environment in each stage from product development, raw materials procurement, manufacturing, sales, logistics and disposal. This is to ensure for customers a stable supply of products and services with a higher quality and stronger cost effectiveness. In recent years, awareness of human rights, compliance and the environment has been increasing. Against this backdrop, the Group has determined items of “Developing Cooperative Business Practices with Suppliers and Business Partners.” To promote shared standards, the Group is distributing to its business partners a related booklet titled “Developing Cooperative Business Practices with Suppliers and Business Partners Guidebook,” which summarizes a wide range of CSR-related standards in areas such as the environment, human rights and labor. Through sharing these standards, the Group will work to establish and strengthen a sustainable supply chain.

Regulations

Main Activities

Holding Briefing Sessions for Business Partners

The Mitsubishi Chemical Holdings Group holds briefing sessions for business partners, with the aim of sharing standards and a set of value based on the “Developing Cooperative Business Practices with Suppliers and Business Partners Guidebook,,” which summarizes a wide range of CSR-related standards in areas such as the environment, human rights and labor, the Group shares information on activities related to each of these CSR categories.

Briefing session for business partners
Briefing session for business partners

Implementing CSR Procurement

The Mitsubishi Chemical Holdings Group has set a target of 90% for purchasing according to CSR by fiscal 2015. The Group has been working toward this target through ongoing efforts to obtain the cooperation of business partners, such as requesting the business partners of each operating company to complete CSR questionnaires since fiscal 2008. The Group plans to progressively provide feedback on the results of these questionnaires to business partners and conduct on-site visits of business partners that meet certain criteria, thereby building even stronger relationships of trust through dialogue.

Targets and Results

Target Achieve 90% purchasing of raw materials and packaging according to CSR (Target: fiscal 2015)
Result Fiscal 2013 77% result achieved

Purchasing of Raw Materials and Packaging According to CSR
Purchasing of Raw Materials and Packaging According to CSR

Result Fiscal 2013 Provided 702 counts of feedback on the results of CSR procurement questionnaires

Status of CSR Procurement
Status of CSR Procurement

Examples of Activities

Fiscal 2014

Mitsubishi Chemical Holdings: Holding a briefing session for business partners to realize KAITEKI  Management together

In November 2014, Mitsubishi Chemical Holdings and four operating companies (Mitsubishi Chemical Corporation, Mitsubishi Tanabe Pharma Corporation, Mitsubishi Plastics, Inc., and Mitsubishi Rayon Co., Ltd.) jointly held a briefing session for business partners to realize KAITEKI Management together. The event was attended by around 270 companies (around 400 people). Senior Managing Executive Officer Masanori Karatsu and Managing Executive Officer Ryoji Tanaka of Mitsubishi Chemical Holdings explained Group-wide activities and future CSR purchasing measures to the participants. Looking ahead, the purchasing departments of each operating company will take the lead in pursuing activities aimed at realizing KAITEKI Management together with business partners.

Briefing session for business partners
Briefing session for business partners