Marubeni official website. This page offers you information about our Initiatives for Climate Change (Disclosure in Line with the Recommendations of the TCFD).
Recognizing the importance of climate-related financial disclosures, in line with the recommendations of the TCFD*1. We are endeavoring to identify climate-related risks and opportunities and to enhance related disclosure. In addition, we joined TCFD Consortium*2 of Japanese companies that affirm the recommendations of the TCFD.
Click here to view the past disclosures.
Disclosure in 2021 (September 2021)[620KB]
Disclosure in 2022 (September 2022)[374KB]
Disclosure in 2023 (September 2023)[344KB]
Disclosure in 2024 (April 2025)[2.0MB]
In accordance with the spirit grounded in “Fairness, Innovation and Harmony,” the Marubeni Group is proudly committed to social and economic development and safeguarding the global environment by conducting fair and upright corporate activities as our Management Philosophy. The Marubeni Group’s long-term strategy is to put our Management Philosophy into practice and to create value and grow by anticipating the challenges of customers and society and providing solutions.
The challenges faced by customers and society are diverse and constantly evolving. To stay ahead of these changes, the Marubeni Group continues to evolve, using four key aspects of diversity—1. human capital, 2. regions, 3. sectors, and 4. business models—as an important differentiator. This is major strength and source of value creation for the Marubeni Group. To further enhance this strength, we have identified the “Fundamental Materiality (1. Human Capital That Creates New Value, 2. Robust Management Foundation, 3. Governance That Supports Coexistence with Society)” and are committed to its continuous strengthening.
Climate change is a key factor that impacts the growth of the Marubeni Group and, as such, has been identified as one of the issues under “Environmental & Social Materiality.” To anticipate the societal issues posed by climate change and provide solutions, we have formulated “The Marubeni Long-Term Vision on Climate Change.” In alignment with the Paris Agreement, the Marubeni Group aims to reduce GHG emissions and views the transition to a low-carbon and decarbonized society, both within and outside the Group, as a growth opportunity.
Marubeni categorizes time horizons for its climate change initiatives into short-term (up to 3 years), medium-term (3 to 10 years), and long-term (10 to 30 years). Regarding the financial implications in the long term, the high degree of uncertainty in measurement renders quantitative information less useful. Therefore, qualitative information is provided in the sections “Long-Term Strategy on Climate Change” and “Marubeni Group’s Initiatives Leading the Transition to a Low-Carbon and Decarbonized Society.”
For details on “Fundamental Materiality” and “Environmental & Social Materiality,” please refer to the Materiality for the Marubeni Group.
For more information about “The Marubeni Long-Term Vision on Climate Change”, please click here.
The Marubeni Group formulated the Long-Term Vision on Climate Change in March 2021. This vision is built on two pillars, the first being the achievement of net-zero GHG emissions by the Marubeni Group (including reductions in CO2 emissions from Scope 1, Scope 2, and Scope 3 Category 15 (Investments); for details, please refer to the “Metrics and Targets” section). The second is contributing to the transition to a low-carbon and decarbonized society through business activities (including the calculation of reductions across all Scope 3 categories and contributions to decarbonization; for details, please refer to the “Contribute to Low-Carbon/Decarbonization Through Our Businesses” section). By proceeding with both at the same time, we aim to generate a positive impact on climate change and grow as a corporate group.
The Marubeni Long-Term Vision on Climate Change: Towards Net-Zero GHG Emissions[721KB]
The following, with some exceptions, is based on the information available as of September 2025.
Leveraging the strengths of the Marubeni Group, we present three examples of how the transition to a low-carbon and decarbonized society is being seized as an opportunity for growth.
1) Initiatives in the Resources and Energy Sector
By leveraging the diversity of sectors and business models, we are driving sustainable growth through the rebalancing of our business portfolio to anticipate the transition to a low-carbon and decarbonized society. Specifically, in the energy supply sector, we contribute to the transition from fossil fuels to renewable and alternative energy, while continuing to support the natural gas business in line with transition needs. In addition, in the resources sector, we are increasing copper production capacity, which is essential for promoting electrification, a key component of decarbonization. This strategy helps maintain the overall profitability of the Group in the resource and energy sectors, while positively influencing the financial impacts associated with the transition.
Global Forecast of Primary Energy Demand by Source
Based on the IEA “World Energy Outlook 2023” NZE Scenario, prepared by Marubeni
■Description related to coal (thermal coal + coking coal)
■Description related to natural gas
■Description related to renewable energy (excluding bioenergy)
Index of Total Power Generation / EV Demand / Battery Capacity (Global)
Index with the 2020 value of EV demand set as 100
Index of Total Power Generation / Index of Copper Demand (Global)
■Description related to index of copper demand
2) Initiatives in the Electric Power Sector
In the electric power sector, as society transitions toward carbon neutrality, we meet the diverse needs of our customers by integrating a range of capabilities. These include top-tier achievements as an Independent Power Producer (IPP), extensive experience in Engineering, Procurement, and Construction (EPC) coordination, and deep expertise in power wholesale and retail. By leveraging these strengths, we provide comprehensive solutions to enhance energy efficiency and facilitate the transition to a low-carbon, decarbonized society, all while generating added value.In particular, a noteworthy initiative supporting the transition to a low-carbon and decarbonized society is the work of SmartestEnergy Ltd. (SEL). SEL was established from scratch in 2001 by the Marubeni Group and has since been involved in wholesale procurement and retail operations in the UK electricity market, with a primary focus on renewable energy sources.In 2015, it pioneered industry-first initiatives, such as providing electricity bundled with renewable obligation certifications for the industrial sector. SEL rapidly grew into a major power service provider, ranking sixth in retail sales volume, on par with major UK electric utilities, and continues to expand today. (For more details, please refer to the Marubeni Corporation Integrated Report 2024 (P. 39)[35.5MB].) Today, these initiatives have been expanded to the United States and Australia, while domestically, they are being implemented by Marubeni Power Retail Corporation (hereinafter, “Marubeni Power Retail”). The Marubeni Group entered the electricity retail business in 2000 as a pioneer in the new power sector and established Marubeni Power Retail in 2011. In line with the liberalization of Japan’s electricity market, the Group has remained committed to ensuring a stable supply of electricity. Marubeni Power Retail offers a variety of products and plans tailored to meet the needs of its customers, including various renewable energy retail options for end-users. Additionally, it provides wholesale renewable energy supply services, which bundle renewable electricity procured from multiple power producers and deliver it to retail electricity providers.
Breakdown of Power Source for Offered Products
Over 90% of products handled in its portfolio are derived from renewable energy.
The capacity of renewable energy-derived increased from 1,674 MW in FYE 3/2016 (total capacity: 2,456 MW) to 3,420 MW in FYE 3/2024 (total capacity: 3,688 MW).
Evolution of Growth at SmartestEnergy Group
3) Initiatives in the Forestry and Afforestation Sector
In the forestry and afforestation sector, we manage approximately 120,000 hectares of afforestation projects in two countries, Indonesia and Australia (about twice the size of the 23 wards of Tokyo), with a total gross project area of around 300,000 hectares. In particular, we believe that our afforestation project in Indonesia (PT. Musi Hutan Persada, or MHP) holds significant potential, as it spans vast areas in the tropical rainforest climate zone, characterized by abundant precipitation and sunlight, which are ideal conditions for tree growth.
Currently, the business primarily focuses on paper production applications. However, while closely monitoring the transition to a low-carbon and decarbonized society, we aim to maximize profits through environmental value. This includes exploring the utilization of wood resources for other applications and leveraging the Marubeni Group’s long-standing expertise in forest management to generate forest carbon credits in Japan, India, the Philippines, and other regions.
We view GHG emissions across the value chain as opportunities to contribute to their reduction and have calculated all relevant Scope 3 categories. A distinctive characteristic of the Marubeni Group is that its Scope 3 emissions (89 million t-CO2e) are more than 70 times greater than its Scope 1 and Scope 2 emissions (1.2 million t-CO2e).
Scope 1, Scope 2, and the Main Categories of Scope 3 for Our Group (for details, please refer to the “Data” section)
The total of each category and the overall total may not match due to rounding.
Category 1: Includes fertilizers, grains, chemicals, and other products.
Category 11: Includes fossil fuels and other products.
Category 15: Includes power generation projects and other projects.
Updates for the fiscal year ended March 31, 2025 will be schedulled for January 2026 or later.
The entities responsible for Scope 3 emissions span a wide variety of sectors. Providing low-carbon and decarbonization solutions to these entities not only significantly contributes to climate change mitigation but also represents a transition opportunity to a low-carbon and decarbonized society, and a driver of growth for the Marubeni Group. In the energy supply sector, solutions include the development of energy systems that serve as the foundation for a decarbonized society. On the energy demand sector, efforts to reduce and mitigate GHG emissions over a broad range of industries are crucial. In the land use sector, initiatives such as sustainable agri-inputs businesses and forest management are also key solutions being promoted. Furthermore, to quantitatively evaluate the effectiveness of these solutions, we calculate both avoided emissions and volume of carbon stocks. These also serve as indicators of how the Marubeni Group is capitalizing on business opportunities.
Specific Examples of Solutions
Avoided Emissions
Only the avoided emissions from the operational phase, which account for the majority of the emissions, are calculated.
Avoided emissions refer to a metric that quantifies how the company’s products and services contribute to the overall emission reduction of society. In the calculation, actual data and publicly available information are used whenever possible. However, when such data is difficult to obtain, reasonable assumptions or scenarios are applied. As a reference, we primarily use the “Guidance on Avoided Emissions” from the World Business Council for Sustainable Development (WBCSD). However, as international discussions on calculation rules continue, we will regularly review and update our calculation and disclosure methods in accordance with these developments.
Volume of Carbon Stocks
We identified businesses with relatively high impacts on operations due to climate change, as well as those with a significant impact on the Marubeni Group (such as scale of assets, earnings, etc.). After defining short-term (up to 3 years), medium-term (3 to 10 years), and long-term (10 to 30 years) time horizons, we conducted scenario analysis in line with TCFD recommendations. This analysis took into account the business environment under both the baseline and transition scenarios, considering transition risks/opportunities, physical risks/opportunities, and time horizons. It focused on the financial impacts and response strategies for the medium term. The highly diversified nature of the Group’s business portfolio provides a high degree of resilience to climate change. While the potential impacts on the Group’s finances due to the risks within specific industries or businesses are expected to be limited, we will continue to improve risk management on an ongoing basis and further increase our resilience to climate change.
Businesses in the upper-right quadrant of the matrix shown below are selected for the scenario analysis.
The results of the scenario analysis for each selected business are as follows. The scenarios and business environment overviews represent the understanding of the Marubeni Group based on major scenarios as developed by IEA (International Energy Agency) and other international organizations, but do not provide an outlook for the Group.
Analysis Process
Example: Coal-fired power generation (graph represents a sample)
Exposure includes investments, loan receivables, tangible fixed assets, and guarantees.
Power Generation Business (Coal-Fired Power Generation / Gas-Fired Power Generation / Renewable Energy Power Generation)
[Opportunities]
[Transition risks]
[Physical risks]
Coal-fired power generation
Gas-fired power generation
Renewable energy power generation
[Physical risk response]
Power & Infrastructure Services Division
Total profits of consolidated subsidiaries and share of associates and joint ventures of our IPP business.
Reference: Capacity of power generation assets was approx. 1.8 GW for coal-fired power generation, approx. 2.2 GW for renewable energy power generation, and approx. 7.1 GW for gas-fired power generation, and others (as of March 31, 2025)
Energy Resource Investment Business (Oil/Gas/LNG) and Alternative Energy Business
Oil demand
Natural gas demand
Hydrogen demand
Bioenergy demand
Carbon dioxide Capture, Utilization and Storage
Copper Mine Investment Business
Copper demand
Metals & Mineral Resources Division
Chile-based Group company managing investments in copper business
Iron Ore Mine and Coking Coal Mine Investment Business
Steel production
Iron ore
Coking Coal
Australia-based Group company managing investments in steelmaking material business
Aircraft Leasing Business (Aircastle)
The risks and opportunities of the airline customers, as outlined below, may impact on the lease demand and profitability of this business.
Distance transported by air
Finance, Leasing & Real Estate Business Division
Ship Business
Distance transported by vessel
Aerospace & Mobility Division
Agri-Inputs Business (North America)
[Physical risks] (The impact of the following two points is expected to be lower than in the baseline scenarios.)
Grain demand
Cultivation area
Grain yield (index with 2012 yield set as 100)
Food & Agri Business Division
Group company engaged in sales of agricultural materials and provision of various services in the U.S.
Forestry Business
Forest area (Forest area index, with the 2020 forest area set as 100)
Lifestyle Division
1 Indonesia-based Group company engaged in forest plantation business (hardwood plantation) and manufacture/sales of pulp
2 Australia-based Group company engaged in plantation forest management and manufacture/sales of wood chips for use in production of paper and biomass fuels
Based on the financial results for the fiscal year ended March 31, 2025, an assessment was conducted on the financial implications (impact on financial position, financial performance, and cash flows) of climate-related risks (cash flows, its access to finance or cost of capital that could reasonably be expected to affect the Marubeni Group) in the current period (1. total assets: ¥9,202.0 billion, 2. net profit: 503.0 billion, 3. core operating cash flow*1: ¥606.6 billion) and the short term (up to 3 years). This assessment, based on climate-related “transition risks” and “physical risks,”*2 concluded that the direct impact on the Marubeni Group within the current and short-term time horizon is less than 1% in each of the categories 1.–3., indicating that the impact is limited.
1 Core operating cash flow: Operating cash flow excluding net increase/decrease in working capital and others
2 Climate-related "transition risks" related to the risks arise from efforts to transition to a lower-carbon economy, including policy, legal, technological, market, and reputational risks. "Physical risks" refer to the risks resulting from climate change that can be event-driven (acute physical risk) or from longer-term shifts in climatic patterns (chronic physical risk). In assessing “transition risks,” we conducted calculations based on the trends in policies and laws related to carbon pricing in major countries where it has already been implemented. The calculations considered businesses that fall under carbon pricing systems currently in place or expected to be introduced within the next three years (short term) in the countries where the business operates, and where the risk of changes to these systems has not been hedged. As a result, the current financial implications are less than 1%, and even if the carbon pricing rate used for the calculation doubles within the short-term time horizon, the impact is still expected to be less than 1%. As for the financial implications of “physical risks,” the impact in the current and short-term periods is limited. However, the Marubeni Group has implemented various risk mitigation measures in response to these risks. These measures include assessing potential impacts on business base facilities, logistics, and supply chains at each business site, developing Business Continuity Plans (BCP), disaster prevention strategies, subscribing to various insurance policies, and conducting disaster awareness activities for relevant stakeholders (including employees and local communities), such as initiatives for wildfire prevention. For more details, please refer to the “Policies and initiatives” section in the “Scenario Analysis.”
Our governance structure ensures adequate Board supervision of important sustainability-related issues (policy, targets, action plans, etc.) for the Marubeni Group, which are deliberated and decided by the Corporate Management Committee and the Board of Directors. In the individuals’ qualitative evaluation in the compensation system for directors, we consider contributions to the plans and efforts related to sustainability measures. We have put into place a framework to enhance the linkage with director compensation to medium- to long-term corporate value.
The Sustainability Management Committee, which reports directly to the President, holds discussions about a broad range of matters related to sustainability. With regard to climate change measures, for example, it leads the process of evaluating opportunities and risks as identified in our TCFD climate-related disclosure; formulating, revising and monitoring strategy, risk management, metrics and targets; and reviewing progress in climate-related innovation and changes in the external environment. The committee deliberates and reports regularly (at least once a year) on these matters to the Board of Directors. In the fiscal year ended March 31, 2025, the Sustainability Management Committee was held twice and discussed the Mid-Term Management Strategy (GC2024 and the Green Strategy) and TCFD disclosures.
The Sustainability Management Committee is chaired by the Chief Sustainable Development Officer, who is Managing Executive Officer, CSO. Outside advisor is also a member of the committee in an advisory role to support the management and supervision of sustainability-related matters from an independent external perspective.
The Marubeni Group manages and monitors high-priority risks and opportunities from the perspective of sustainability—including aspects related to climate change, natural capital, and supply chain management—through the Sustainability Management Committee.
We have developed an assessment framework to support the multifaceted analysis of 27 items across the three risk categories (environmental, health and safety, and social). In addition, we assess the importance and impact of potential risks in each assessment category. We use this risk assessment approach in sustainability survey methods within the Group and for our suppliers, as a part of the process used to make any investment and financing decisions. Besides monitoring existing businesses, we use this approach to gauge the value of Group businesses on an ongoing basis from a sustainability perspective.
Regarding the significant impacts of climate change, the Marubeni Group leverages various scenario analyses, including those developed by the IEA, to identify high-risk situations. In such cases, we consider factors such as projected GHG emission reduction plans, decarbonization strategies in project host countries, and alignment with long-term climate change visions. These evaluations, alongside climate-related risks, opportunities, and business priorities, inform our investment and financing decisions. Business domains with high risks, including those related to the impacts of climate change, are deliberated by the Investment and Credit Committee, the Corporate Management Committee, and the Board of Directors as needed. The status of these risk management systems is reported to the Board of Directors during the annual review of the basic policy for internal control to evaluate their effectiveness.
Regarding climate-related “physical risks,” the Marubeni Group continuously evaluates the effectiveness of individual measures and works to establish a system that can address all potential crises. In April 2022, the Marubeni Group updated its Business Continuity Plan (BCP) from a scenario-based approach to an All-Hazards BCP, an impact-based approach preparing for natural disasters and other calamities. To ensure the effective functioning of the BCP and to establish and promote the Business Continuity Management (BCM) system, the Marubeni Group has set up a dedicated organization within the General Affairs Department of the Head Office. This system is designed to respond swiftly in the event of a disaster affecting employees, systems, offices (buildings), payment functions, or other critical resources related to the management of Group companies, with the highest priority given to ensuring the safety of human lives.
The Marubeni Group has formulated the following metrics and targets as part of our response to its climate-related risks and opportunities.
1 Includes Scope 1, Scope 2, and Scope 3 (Category 15: Investments) emissions.
2 This emissions volume comprises the FYE 3/2020 performance of existing investees plus the estimated emissions from projects already contracted as of March 2021 (as for power generation projects, projects for which associate investees of the Marubeni Group have entered into power purchase agreements but have not yet achieved the commercial operations).
3 The combined value of Scope 1 and Scope 2 does not include non-energy-related GHG emissions (6.5 gas). Numbers below the unit are rounded for display.
4 Results exclude estimated emissions from projects that have entered into power purchase agreements but have not yet achieved the commercial operations. Actual emissions after the commencement of commercial operations are reflected in results.
For the emissions data of Scope 1 to 3, please refer to the Data.
The actual values for Scope 1, Scope 2, and Scope 3 Category 15 (Investments) have received third-party assurance. For further details, please refer to the Environmental Data.
Group’s Coal-Fired Power Net Generation Capacity
In 2018, Marubeni announced business policies in relation to the coal-fired power generation business, and announced it would not engage in any new coal-fired power generation projects. We will continue to consider our management policies regarding coal-fired power generation projects that have already been contracted to fulfill our responsibilities to host countries and other stakeholders. At the same time, we will accelerate our decarbonization process by contributing to energy policies of host countries aimed at achieving decarbonization. We expect to achieve our reduction targets for net power generation capacity in accordance with the completion of power purchase agreements.
Business Policies for Our Coal-Fired Power Generation Business and Renewable Energy Power Business[50KB]
In 2020, Marubeni established a policy on thermal coal equity interests, stating that it does not hold any such interests and will not acquire any in the future.
Regarding the potential impact of a carbon tax and carbon prices in emissions trading on its businesses, the Marubeni Group quantifies and visualizes future GHG impacts. The Group sets an internal carbon price (Internal Carbon Pricing, ICP) based on estimated GHG emissions and the price of emissions credits (such as EU ETS*1) when investment and financing projects are submitted for approval. The average annual carbon price used for estimates in the fiscal year ended March 31, 2025, was approximately €86/t-CO2.
1 EU Emissions Trading System
Click here to view more details on Environmental Data
＜Click here to view greenhouse gas emissions metrics and targets＞
The total of each breakdown and the overall total may not match due to rounding.
＜Click here[721KB] the Marubeni Long-Term Vision on Climate Change: Towards Net-Zero GHG Emissions＞
Marubeni is voluntarily disclosing a part of the data by categorizing its supply chain activities and calculating the GHG emissions in each category in line with the GHG Protocol guidelines.
The breakdowns of Category 15 and the total value for Category 15 may not match due to rounding.
The calculation categories: Until FYE 3/2023, the calculation included only Categories 2 to 9 and 15. Starting from FYE 3/2024, Categories 1 and 10 to 13 have been included in the calculation.
Applicable to Categories 1 to 14:
Category 1: Includes fertilizers, grains, chemicals, and other products. Category 4: Until FYE 3/2023, the calculation covered only domestic contracted transportation as a consignor for Marubeni Corporation within Japan. Starting from FYE 3/2024, the calculation includes international maritime transportation, both departing from and arriving in Japan, for Marubeni Corporation as well as its consolidated subsidiaries basis within Japan. Category 10: Sales of intermediate products and raw materials are excluded when the processing stages up to the final product cannot be traced. Category 11: Includes fossil fuels and other products.
Category 15:
＜Click here to view Tokyo Head Office’s targets to be achieved by FYE 3/2026＞
Marubeni Corporation participates in various industry groups and initiatives to contribute to measures addressing climate change, which we have identified as one of our Environmental and Social Materiality. In the process of developing policies on climate change and other related issues, we express our opinions based on the Company’s policies, including the “The Marubeni Long-Term Vision on Climate Change[721KB]”. If there is a difference of opinion between the parties involved in the policy formulation process, we coordinate with the parties concerned and take appropriate measures to avoid any conflict with the Company’s policy.
Marubeni endorsed the following statement on climate-related disclosure standards*1 issued by the International Sustainability Standards Board (ISSB) at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28).
Climate risks are increasingly having a real effect on companies and capital. Therefore ― in response to calls for climate action at COP28 ― we support the establishment of market infrastructure to enable consistent, comparable climate-related disclosures at a global level. We are committed to advancing the adoption or use of the ISSB’s Climate Standard as the climate global baseline.
For more details, please see the IFRS website
Marubeni was selected by CDP*2, an international non-profit organization, as an A-list company in the areas of “Climate Change” and “Water Security,” and received an A - in the area of “Forests” (as of March 2025). Since we started to participate in the initiatives of CDP in 2007, the Company has been selected for the A-list in the area of “Water Security” four consecutive times since 2021, and has been recognized as a leading company in the disclosure of environmental information.
CDP A-List 2024 and other published scores can be found here
Marubeni has joined the Green Transformation League (GX League) established by the Ministry of Economy, Trade and Industry (METI). The GX League includes companies working towards decarbonization as well as government bodies, academia, and the financial sector, and aims to bring about changes in economic and social systems. As such it will focus on emissions trading (GX-ETS) and the creation of sustainable markets. Marubeni will contribute to decarbonization and the reduction of Japan’s greenhouse gas emissions by participating in the GX League’s discussions on the formation of market rules (regarding voluntary credits and carbon offsets, etc.), utilizing our global expertise and know-how spanning a broad range of sectors, which is one of the strengths of a general trading company.
As a member of the Japan Foreign Trade Council (JFTC), Marubeni agrees with the Low-Carbon Society Plan proposed by Japan Business Federation (Keidanren), and takes part in the working groups and public meetings on climate change held by Keidanren and JFTC.Marubeni takes climate change countermeasures in accordance with the policies of Keidanren’s commitment to a Low-Carbon Society. We have set the goal of reducing the energy use (electricity and gas) at the Tokyo Head Office by 10% or more in FYE 3/2026 relative to FYE 3/2016, by introducing energy-saving facilities etc.
Marubeni takes part in discussions related to environmental initiatives of trading companies, as a member of the Sustainability Promotion Committee and its affiliated Environmental Working Group of the Japan Foreign Trade Council (JFTC). At the Committee, we make plans for the Voluntary Action on the Environment (Commitment to a Decarbonized Society and a Recycling-Based Society) for the trading company industry and grasp the progress of the plan. In recent years, the Committee has also been disseminating its views to relevant organizations in response to climate change and other sustainability information disclosure.
We participate in the Committee on Environment, an environment- and energy-related committee of the Japan Business Federation (Keidanren) which promotes the mainstreaming of climate change countermeasures, circular economy, biodiversity, and the improvement of environmental regulations and systems, and works towards the realization of environmental policies that are compatible with the economy.
The Marubeni subsidiary Mibugawa Power Company takes part in the Japan Climate Initiative and promotes renewable energy projects with the aim of creating a society that leaves a minimal carbon footprint.
Since 2005, Mibugawa Power Company has been participating in Eco Action 21, a program of the Ministry of the Environment. In registering for certification under this system, the company continues to “establish and operate effective and efficient methods for environmental initiatives, set environmental goals, take action, summarize, evaluate, and report results.” In 2015, the Eco Action 21 Central Secretariat presented the company with a letter of appreciation and a commemorative gift in recognition of these efforts. The company will continue to take positive action to protect the global environment by reducing waste, maintaining water quality, conserving energy and resources, and conducting local environmental activities.
Please see the Mibugawa Power Company’s website for details of initiatives other than those mentioned above. (Japanese Only)
We have a full membership of the Japan Sustainable Fashion Alliance (JSFA), a platform for corporate collaboration that aims to jointly find solutions to sustainable fashion issues. With the goals of achieving “zero fashion loss through proper quantity of production, purchasing and recycling” and “carbon neutral of the fashion and textile industries in 2050,” we collaborate to identify solutions to the common issues that arise in the fashion and textile industries, and promote the transition to a sustainable fashion industry. As a company that identifies climate change as one of the categories of Environmental & Social Materiality, we participate within a leading role in the JSFA as a full member and will contribute to the transition to a sustainable fashion industry through the activities of the alliance.
Click here to view the JSFA website (Japanese only)
Marubeni is a member of “ACT FOR SKY”, an organization dedicated to the commercialization, dissemination, and expansion of domestically produced Sustainable Aviation Fuel (SAF). With the urgent need to reduce CO2 emissions globally in order to tackle global warming, the aviation industry must accelerate the technological development, production, distribution, and use of SAF. Also, in response to the growing global demand for SAF, a stable supply of domestically produced SAF is essential in Japan. Marubeni has identified “contribution to climate change countermeasures” as one of four categories of our Environmental and Social Materiality, and through “ACT FOR SKY” we will accelerate the commercialization, dissemination, and expansion of domestically produced SAF. At the same time, companies, local governments and others are acting together in cooperation and collaboration to promote the importance of SAF, carbon neutrality, and resource recycling, and to bring about new behaviors through changing the thinking of citizens and companies.
Click here for the ACT FOR SKY website (Japanese only)
In order to work toward a low-carbon society that mitigates the effects of climate change as part of sustainable development goals, Marubeni is actively pursuing and expanding renewable energy power projects.
Throughout Japan, in addition to the development of small hydropower generation projects, the Marubeni Group is actively working on generation of renewable energy that contributes to conservation of the global environment and biodiversity.
The Marubeni Group considers small hydropower generation as an important business area, and has been conducting operations in this area through Group company, Mibugawa Power Company since 2006. As this business utilizes natural energy sources, consideration for the environment is essential, such as maintenance of water quality, reduction of waste materials, and conservation of energy, resources, and other local environment. The Marubeni Group aims to develop about 40 small hydropower generation facilities in Japan by 2025. Across Japan, we are actively working on generation of renewable energy that contributes to conservation of the local environment and biodiversity.
“Small hydropower generation” is a term used to refer to small-scale hydropower generation operations with output of less than 1,000 kW. These operations do not require the use of dams or other facilities that entail large-scale construction projects, but rather generate power by utilizing rivers or agricultural irrigation canals, thus minimizing the development footprint. The environmental impact on water quality and the water habitat is exceptionally low, and there is no impact on land features or scenic beauty. Once up and running, these operations emit almost no CO2, thereby offering benefits in terms of minimal impact on biodiversity and environmental conservation. Since it utilizes local water resources, it has the potential to be an effective technology to realize the production and consumption of local energy, which will be beneficial for the independent development of the region. Moreover, to develop a power plant that coexists with the local community, we are trying to realize the project with the understanding and cooperation of local organization and people concerned through holding events on the theme of environment for residents, inviting lecturers, and deepening understanding of the history of the planned site.
In addition to the Mibugawa Power Station No. 1 and No. 2, the Marubeni Group currently operates the following small hydropower generation facilities.
Marubeni is an investor in Japan CCS Co., Ltd., which was established in May 2008, in response to the Japanese government’s call for the development of CCS*1 technologies as a countermeasure to global warming. It was founded by major private-sector firms with expertise in CCS-related fields joining forces to meet the new demands. As a private-sector corporation that brings together and integrates CCS technologies, the company conducts surveys on how to commercialize technologies for the separation, capture, transport, and geological storage of CO2, as well as R&D and testing in these fields.
Japan CCS Co., Ltd. Shareholders
Mibugawa Power Company, which specializes in small hydropower generation facilities, has obtained Eco Action 21*1 certification in Mibugawa Power Station, the first hydropower facility to do so. Given that the intake of Power Station No. 2, which is located at the highest elevation, is next to a quasi-national park, and the facilities of the Mibugawa Power Station are in a region with high biodiversity value, we strive not only to avoid destruction of nature, but also to preserve it. As part of that effort, in addition to conducting river cleanup activities and facility maintenance and emergency response training to be prepared for possible oil spills, Mibugawa Power Station takes measures for protection of biodiversity by conducting water quality inspections twice a year, not only to determine whether pollutants are present, but also to check whether the water has the oxygen content required by living organisms. The facility also welcomes local elementary and junior high school students and over 100 residents each year for tours of the power station, and presents exhibits of hybrid power generation systems (wind, solar and hydropower). These and other activities help educate people about renewable energy and pass on the region’s traditional culture.
At the Hokuto City Murayamarokkamuraseki- Waterfarm*2, we use existing irrigation canals to supply renewable energy while making appropriate adjustments to the volume of water used to ensure adequate supplies of irrigation water for farmland and water for household use.
At the small hydropower station in Shiroishi City, Miyagi Prefecture, the elevation difference in water pipes of water supply facilities is used to generate electricity with minimal impact on the surrounding environment.In addition, in selling power through Marubeni Power Retail Corporation, we are helping to improve biodiversity by allocating a portion of the electricity fees to forest maintenance and management.
M&C Tottori Hydro Power Co., Ltd. (hereafter, M&C Tottori Hydro Power) believes that building a trusting relationship through communication with local residents is essential for the safe, secure, and stable operation of hydroelectric power generation projects. To this end, M&C Tottori Hydro Power has appointed a “staff member in charge of community coexistence” and has made efforts to reflect residents’ opinions of its operations on its website. In addition, the company regularly communicates with local stakeholders, including six local municipalities (Wakasa, Yazu, Kurayoshi, Misasa, Nichinan and Hino Town) and various councils on important issues related to the environmental impacts, e.g., on rivers, that may arise from construction, inspections, etc. Thanks to these initiatives, M&C Tottori Hydro Power understands each municipality’s needs (including complaints) and business risks and incorporates them into its management strategy.In addition, M&C Tottori Hydro Power plans to offer visiting lectures and work experience for elementary and junior high schools on the theme of hydroelectric power generation projects. M&C Tottori Hydro Power contributes to the economic development of the region by improving the knowledge of local residents and linking it to the development of the next generation of human resources.
Marubeni Clean Power Corporation (hereafter, Marubeni Clean Power) aims to promote “stable energy service businesses closely connected to the community, dedicated to addressing local social issues and fostering coexistence with local communities and the natural environment.” Therefore, Marubeni Clean Power is developing renewable energies, mainly biomass, with the aim of promoting a “stable energy supply business closely linked to the community.” As part of its business activities, Marubeni Clean Power is actively involved in interactions with local stakeholders, such as local environmental fairs and beautification campaigns, conducting power plant tours and distributing solar kits to local elementary school children, and participating in study sessions of the Chamber of Commerce and Industry.Marubeni Clean Power participates in the “Biomass Power Association” (hereafter, the Association) as a regular member (Director Company) and serves as its representative director. The Association includes not only power generators, but also fuel suppliers, manufacturers, financial institutions, consulting firms, and other stakeholders from various industries. It promotes the biomass power generation business and the sound development of the biomass industry, working to help build a sustainable, recycling-oriented society and foster global environmental conservation.
Marubeni Ina Mirai Denki Corporation*3 provides electric power retail and energy-related services in and around Ina City, Nagano Prefecture, with the aim of offering services that address the challenges of daily life in the community. The company is a member of the Sustainable Environment Subcommittee of the New Industrial Technology Promotion Council under the jurisdiction of Ina City, and it is taking the initiative to work together to build a sustainable environment, including a focus on issues such as climate change and biodiversity. As part of the planning process for the implementation of global warming countermeasures promoted by the village of Minami-Minowa, Kamiina-gun, Nagano Prefecture, the company is also participating in the special committee formulating the action plan (area policy section) for the implementation of global warming countermeasures in Minami-Minowa Village. The company is working with the community to address climate change in the area surrounding Ina City, where the company’s head office is located.The Marubeni Group’s Mibugawa Power Company also operates a hydroelectric power generation business in the area. As a group, the company will contribute to sustainable regional development by building a business portfolio that helps build a society in harmony with the local community.
Sustainability TOP
President Message
Our Views on Sustainability
Materiality for the Marubeni Group
Environment
Environmental Management
Climate Change (Disclosure in Line with the Recommendations of the TCFD)
Living in Harmony with Nature (Disclosure in Line with the Recommendations of the TNFD)
Sustainable Forestry
Water Management
Supply Chain
Environmental Data
Social
Respect for Human Rights
Occupational Health and Safety
Health and Productivity Management
Responsibility to Customers
HR Management
Diversity Management
Social Data
Governance
Content Indices
ESG Content Index
GRI Content Index
Integrated Report
Sustainable Development Report
External Recognition
Green Bond
Social Contribution Activities
