GRI Standards

GRI Standards

Statement of use: Mitsubishi Electric Corporation has reported the information cited in this GRI content index for the period from April 1, 2023 – March 31, 2024 with reference to the GRI Standards.

GRI 2: General disclosures 2021

The organization and its reporting practices

2-1

Organizational details

2-2

Entities included in the organization’s sustainability reporting

2-3

Reporting period, frequency and contact point

April 1, 2023 – March 31, 2024
annual

2-4

Restatements of information

2-5

External assurance

Activities and workers

2-6

Activities, value chain and other business relationships

2-7

Employees

2-8

Workers who are not employees

Governance

2-9

Governance structure and composition

2-10

Nomination and selection of the highest governance body

2-11

Chair of the highest governance body

2-12

Role of the highest governance body in overseeing the management of impacts

2-13

Delegation of responsibility for managing impacts

2-14

Role of the highest governance body in sustainability reporting

2-15

Conflicts of interest

2-16

Communication of critical concerns

2-17

Collective knowledge of the highest governance body

2-18

Evaluation of the performance of the highest governance body

2-19

Remuneration policies

2-20

Process to determine remuneration

2-21

Annual total compensation ratio

Strategy, policies and practices

2-22

Statement on sustainable development strategy

2-23

Policy commitments

2-24

Embedding policy commitments

2-25

Processes to remediate negative impacts

2-26

Mechanisms for seeking advice and raising concerns

2-27

Compliance with laws and regulations

2-28

Membership associations

Stakeholder engagement

2-29

Approach to stakeholder engagement

2-30

Collective bargaining agreements

GRI3:Material topics 2021

Material Topics 2021

3-1

Process to determine material topics

3-2

List of material topics

3-3

Management of material topics

Economic

GRI201:Economic Performance 2016

201-1

Direct economic value generated and distributed

201-2

Financial implications and other risks and opportunities due to climate change

201-3

Defined benefit plan obligations and other retirement plans

201-4

Financial assistance received from government

GRI 202: Market Presence 2016

202-1

Ratios of standard entry level wage by gender compared to local minimum wage

202-2

Proportion of senior management hired from the local community

Information unavailable

Reason for Omission
We will improve our information disclosure

GRI 203: Indirect Economic Impacts 2016

203-1

Infrastructure investments and services supported

203-2

Significant indirect economic impacts

GRI 204: Procurement Practices 2016

204-1

Proportion of spending on local suppliers

GRI 205: Anti-corruption 2016

205-1

Operations assessed for risks related to corruption

205-2

Communication and training about anti-corruption policies and procedures

205-3

Confirmed incidents of corruption and actions taken

GRI 206: Anti-competitive Behavior 2016

206-1

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

Reason for Omission
We do not currently disclose the information required.

GRI 207: Tax 2019

207-1

Approach to tax

207-2

Tax governance, control, and risk management

207-3

Stakeholder engagement and management of concerns related to tax

207-4

Country-by-country reporting

Environmental

GRI 301: Materials 2016

301-1

Materials used by weight or volume

301-2

Recycled input materials used

301-3

Reclaimed products and their packaging materials

GRI 302: Energy 2016

302-1

Energy consumption within the organization

302-2

Energy consumption outside of the organization

Information unavailable

Reason for Omission
We do not currently disclose the information required.

302-3

Energy intensity

302-4

Reduction of energy consumption

302-5

Reductions in energy requirements of products and services

GRI 303: Water and Effluents 2018

303-1

Interactions with water as a shared resource

303-2

Management of water dischargerelated impacts

303-3

Water withdrawal

303-4

Water discharge

303-5

Water consumption

GRI 304: Biodiversity 2016

304-1

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

304-2

Significant impacts of activities, products and services on biodiversity

Reason for Omission
As we do not mine, extract, grow, or manufacture raw materials, we do not directly destroy forests or ecosystems. The impact of production sites has not been confirmed to be large in both magnitude and frequency.

304-3

Habitats protected or restored

304-4

IUCN Red List species and national conservation list species with habitats in areas affected by operations

GRI 305: Emissions 2016

305-1

Direct (Scope 1) GHG emissions

305-2

Energy indirect (Scope 2) GHG emissions

305-3

Other indirect (Scope 3) GHG emissions

305-4

GHG emissions intensity

Information unavailable

Reason for Omission
We do not currently disclose the information required.

305-5

Reduction of GHG emissions

305-6

Emissions of ozone-depleting substances (ODS)

305-7

Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions

GRI 306: Waste 2020

306-1

Waste generation and significant waste-related impacts

306-2

Management of significant wasterelated impacts

306-3

Waste generated

306-4

Waste diverted from disposal

306-5

Waste directed to disposal

GRI308:Supplier Environmental Assessment 2016

308-1

New suppliers that were screened using environmental criteria

Reason for Omission
Restricted by confidentiality obligations

308-2

Negative environmental impacts in the supply chain and actions taken

Social

GRI 401: Employment 2016

401-1

New employee hires and employee turnover

401-2

Benefits provided to full-time employees that are not provided to temporary or parttime employees

Reason for Omission
We do not currently disclose the information required.

401-3

Parental leave

GRI 402: Labor/Management Relations 2016

402-1

Minimum notice periods regarding operational changes

GRI 403: Occupational Health and Safety 2018

403-1

Occupational health and safety management system

403-2

Hazard identification, risk assessment, and incident investigation

403-3

Occupational health services

403-4

Worker participation, consultation, and communication on occupational health and safety

403-5

Worker training on occupational health and safety

403-6

Promotion of worker health

403-7

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

403-8

Workers covered by an occupational health and safety management system

403-9

Work-related injuries

403-10

Work-related ill health

GRI 404: Training and Education 2016

404-1

Average hours of training per year per employee

404-2

Programs for upgrading employee skills and transition assistance programs

404-3

Percentage of employees receiving regular performance and career development reviews

GRI 405: Diversity and Equal Opportunity 2016

405-1

Diversity of governance bodies and employees

405-2

Ratio of basic salary and remuneration of women to men

GRI 406: Non-discrimination 2016

406-1

Incidents of discrimination and corrective actions taken

Information unavailable

Reason for Omission
We do not currently disclose the information required.

GRI 407: Freedom of Association and Collective Bargaining 2016

407-1

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

GRI 408: Child Labor 2016

408-1

Operations and suppliers at significant risk for incidents of child labor

GRI 409: Forced or Compulsory Labor 2016

409-1

Operations and suppliers at significant risk for incidents of forced or compulsory labor

GRI 410: Security Practices 2016

410-1

Security personnel trained in human rights policies or procedures

Information unavailable

Reason for Omission
We do not currently disclose the information required.

GRI 411: Rights of Indigenous Peoples 2016

411-1

Incidents of violations involving rights of indigenous peoples

Information unavailable

Reason for Omission
We do not currently disclose the information required.

GRI 413: Local Communities 2016

413-1

Operations with local community engagement, impact assessments, and development programs

413-2

Operations with significant actual and potential negative impacts on local communities

Information unavailable

Reason for Omission
We do not currently disclose the information required.

GRI 414: Supplier Social Assessment 2016

414-1

New suppliers that were screened using social criteria

414-2

Negative social impacts in the supply chain and actions taken

GRI 415: Public Policy 2016

415-1

Political contributions

GRI 416: Customer Health and Safety 2016

416-1

Assessment of the health and safety impacts of product and service categories

416-2

Incidents of non-compliance concerning the health and safety impacts of products and services

GRI 417: Marketing and Labeling 2016

417-1

Requirements for product and service information and labeling

417-2

Incidents of non-compliance concerning product and service information and labeling

417-3

Incidents of non-compliance concerning marketing communications

Information unavailable

Reason for Omission
We do not currently disclose the information required.

GRI418:Customer Privacy 2016

418-1

Substantiated complaints concerning breaches of customer privacy and losses of customer data

Reason for Omission
We do not currently disclose the information required.