Marubeni Corporation - Water Security 2023
W0. Introduction

W0.1(W0.1) Give a general description of and introduction to your organization.
Marubeni is involved in the handling of products and provision of services in a broad range of sectors.
These areas encompass importing and exporting, as well as transactions in the Japanese market,
related to food materials, food products, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and includes offshore
trading.
The Company's activities also extend to power projects and infrastructure, plants and industrial machinery, finance, logistics and information industry,and real estate development and construction.
Additionally, Marubeni conducts business investment, development and management on a global level.

Marubeni has 132 branches and offices, consisting of Head Office, 12 Japan branches and offices, 56 overseas branches and offices, and 29 overseas corporate subsidiaries
containing 34 branches and offices.
The number of employees is 4,379. (Number of employees of the Group 46,100)
In accordance with the spirit of the Company Creed of “Fairness, Innovation and Harmony,” the Marubeni Group is proudly committed to social and economic development
and safeguarding the global environment through fair and upright corporate activities. Our Management Philosophy clearly expresses our views on sustainability. To us,
sustainability means proactively engaging in environmental and social issues and challenges, delivering solutions through innovation, and living by the Management
Philosophy. Corporate value is composed of financial and non-financial value; non-financial value in particular is steadily growing in importance. With regard to sustainability,
such issues as climate change, the depletion of forestry resources and human rights issues pose grave threats to social and environmental sustainability. Adopting andimplementing clear medium- and long-term corporate policies regarding these issues is directly related to increasing non-financial value and corporate value. Until now, toincrease corporate value, each of our businesses has generally created its own innovative business model in anticipation of the challenges facing society. From now on,
however, we will further fortify our traditionally strong businesses (vertical evolution) and also leverage internal and external expertise in order to generate better results thanwould otherwise be possible (horizontal expansion). This is the concept of our “Global cross value platform;” it will provide solutions for social and environmental problems andguide us in working toward a better tomorrow by providing a framework for promoting social and economic development and conserving the global environment.

W0.2(W0.2) State the start and end date of the year for which you are reporting data.

Reporting year

Start dateEnd date

April 1 2022

March 31 2023

W0.3

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Page 1 of 39

(W0.3) Select the countries/areas in which you operate.
Algeria
Argentina
Australia
Bangladesh
BrazilCambodia
CanadaChile
China
Colombia
Denmark
Egypt
Germany
Ghana
Hong Kong SAR, China
Hungary
India
Indonesia
Iran (Islamic Republic of)Japan
Malaysia
MexicoMyanmar
Netherlands
New ZealandNigeria
Pakistan
Peru
Philippines
Portugal
Qatar
Republic of Korea
Russian Federation
Saudi Arabia
Singapore
South Africa
Taiwan, China
ThailandTurkeyUkraineUnited Arab Emirates
United States of America
Venezuela (Bolivarian Republic of)Viet Nam

W0.4(W0.4) Select the currency used for all financial information disclosed throughout your response.
JPY

W0.5
(W0.5) Select the option that best describes the reporting boundary for companies, entities, or groups for which water impacts on your business are being
reported.
Companies, entities or groups over which financial control is exercised

W0.6(W0.6) Within this boundary, are there any geographies, facilities, water aspects, or other exclusions from your disclosure?
No

W0.7(W0.7) Does your organization have an ISIN code or another unique identifier (e.g., Ticker, CUSIP, etc.)?

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Indicate whether you are able to provide a unique identifier for your organization.

Provide your unique identifier

Yes, an ISIN code

JP3877600001

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W1. Current state

W1.1(W1.1) Rate the importance (current and future) of water quality and water quantity to the success of your business.
Direct use Indirect
Please explain
importance use
ratingimportance
rating
Sufficient amounts ofImportantgood quality freshwater
available for use

Important

Direct: It is important for Marubeni to have ample access to high-quality fresh water. This is because direct operations, such as pulp and paper mills, andagricultural operations, which use large volumes of fresh water, use a lot of good quality fresh water. The amount of good quality fresh water used will remain
about the same or increase slightly over the next few years as a result of the acquisitions. The Group's overall water consumption over the past few years has
been almost the same.
Indirect: Since Marubeni is running clothing retail business, it is important to ensure that sufficient quantities of good quality fresh water are available. Our
clothing retail business imports products dyed in dyeing factories that use a lot of clean fresh water. Therefore, a shortage of fresh water will affect the productmanufacturing process and lead to a decrease in our clothing retail sales. Unless our business model changes in the future, we expect the demand andimportance of fresh water to remain the same for the next several years.

Sufficient amounts ofrecycled, brackish
and/or produced water
available for use

Important

Important

Direct: Since we are running aquacultural businesses and large quantities of brackish water are needed to create a fish-breeding environment, it is important that
we have access to sufficient amounts of brackish water. Unless we make an acquisition, we expect our brackish water usage to remain about the same over the
next few years.
Indirect: We are running frozen and processed foods wholesale business and food supermarket business, and some of the products we purchase from suppliersin these businesses use brackish water in the production process, such as aquaculture. Sufficient quantities of brackish water are important because our sales
would be affected if we were unable to purchase these products. Unless our business model changes in the future, we expect the demand and importance ofbrackish water to remain the same for the next several years.

W1.2(W1.2) Across all your operations, what proportion of the following water aspects are regularly measured and monitored?
% ofFrequency of Method of measurementsites/facilities/operations measurement
Water withdrawals 100%
– total volumes

Monthly

As a general trading and investing As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofcompany like Marubeni, the range which use a lot of water at their sites, so it is important to manage our water withdrawals. For Marubeni "site"of businesses that we handle isrefers to manufacturing and operating facilities like pulp and paper plants, hydroelectric power plans, and othervery wide, and the monitoring way businesses. Since the range of businesses that we handle is very wide, monitoring frequency of the total water
also varies. Some sites confirm the withdrawal also varies. It is monitored "everyday" at some sites and "at least once a year" at some sites using
total volume of water withdrawal by flowmeters installed at each site or bills from Waterworks and Sewerage Bureau. Facilities with high waterflowmeters installed at each site,
withdrawals are monitored at least once a month. These measurements are aggregated through Marubeni HQ's
and some by bills from Waterworks "Sustainability Survey" conducted once a year.
and Sewerage Bureau.

Water withdrawals 100%– volumes bysourceMonthly

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some sites confirm thevolumes of water withdrawal bysource by flowmeters installed ateach site, and some by bills from
Waterworks and Sewerage
Bureau.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to manage our water withdrawals. For Marubeni "site"refers to manufacturing and operating facilities like pulp and paper plants, hydroelectric power plans, and otherbusinesses. Since the range of businesses that we handle is very wide, monitoring frequency of the volumes ofwater withdrawal by source also varies. It is monitored "everyday" at some sites and "at least once a year" atsome sites using flowmeters installed at each site or bills from Waterworks and Sewerage Bureau. Facilities
with high water withdrawals are monitored at least once a month. These measurements are aggregated throughMarubeni HQ's "Sustainability Survey" conducted once a year.

Entrained water<Not Applicable>
associated withyour metals &mining and/or coalsector activities total volumes[only metals andmining and coalsectors]<Not
Applicable><Not Applicable><Not Applicable>

Produced waterassociated withyour oil & gas
sector activities total volumes[only oil and gas
sector]<Not
Applicable><Not Applicable><Not Applicable>

Monthly

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some offices confirm
the water withdrawals quality byquality control devices installed ateach office, and some by otheroutsourced vendors.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich needs a management of the quality of water withdrawn to maintain our quality of businesses. For
Marubeni, "site" refers to manufacturing and operating facilities like pulp and paper plants, hydroelectric powerplans, and other businesses. Since the range of businesses that we handle is very wide, monitoring frequencyof the quality of water withdrawal also varies. It is monitored "everyday" at some sites and "at least once ayear". In the water quality check, such as pH, COD and others are monitored by quality control devices and byother outsourced vendors so that such as recycled water, and rainwater can be used. Facilities with high water
withdrawals are monitored at least once a month. These measurements are aggregated through Marubeni HQ's
"Sustainability Survey" conducted once a year.

<Not Applicable>

Water withdrawals 100%
quality

CDP

Please explain

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% ofFrequency of Method of measurementsites/facilities/operations measurement

Please explain

Water discharges 100%
– total volumes

Daily

As a general trading and investing As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofcompany like Marubeni, the range which use a lot of water at their sites, so it is important to manage our water discharges. For Marubeni "site"of businesses that we handle isrefers to manufacturing and operating facilities like pulp and paper plants, hydroelectric power plans, and othervery wide, and the monitoring way businesses. Since the range of businesses that we handle is very wide, monitoring frequency of the total water
also varies. Some sites confirm the discharges also varies. It is monitored "everyday" at some sites and "at least once a year" at some sites using
total volume of water discharges by flowmeters installed at each site or bills from Waterworks and Sewerage Bureau.Facilities with high waterflowmeters installed at each site,discharges volumes are monitored as often as once a day. These measurements are aggregated throughand some by bills from Waterworks Marubeni HQ's "Sustainability Survey" conducted once a year.
and Sewerage Bureau.

Water discharges 100%– volumes bydestination

Daily

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some sites confirm thevolumes of water discharges bysource by flowmeters installed ateach site, and some by bills from
Waterworks and Sewerage
Bureau.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to manage our water discharges. For Marubeni "site"refers to manufacturing and operating facilities like pulp and paper plants, hydroelectric power plans, and otherbusinesses. Since the range of businesses that we handle is very wide, monitoring frequency of the volumes ofwater discharges by destinations also varies. It is monitored "everyday" at some sites and "at least once a year"
at some sites using flowmeters installed at each site or bills from Waterworks and Sewerage Bureau. Facilities
with high water discharges volumes are monitored as often as once a day. These measurements areaggregated through Marubeni HQ's "Sustainability Survey" conducted once a year.

Water discharges 100%– volumes bytreatment method

Daily

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some sites confirm thevolumes of water discharges bytreatment method by flowmeters
installed at each site, and some bybills from Waterworks andSewerage Bureau.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to manage our water discharges. For Marubeni "site"refers to manufacturing and operating facilities like pulp and paper plants, hydroelectric power plans, and otherbusinesses. Since the range of businesses that we handle is very wide, monitoring frequency of the volumes ofwater discharges by treatment method also varies. It is monitored "everyday" at some sites and "at least once ayear" at some sites using flowmeters installed at each site or bills from Waterworks and Sewerage Bureau.
Facilities with high water discharges volumes are monitored as often as once a day. These measurements areaggregated through Marubeni HQ's "Sustainability Survey" conducted once a year.

Water discharge
quality – bystandard effluent
parameters

100%

Daily

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some offices confirm
the water discharge quality byquality control devices installed ateach office, and some by otheroutsourced vendors.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to manage our water discharges. For Marubeni "site"refers to manufacturing and operating facilities like pulp and paper plants, hydroelectric power plans, and otherbusinesses. Since the range of businesses that we handle is very wide, monitoring frequency of water
discharges by treatment method also varies. It is monitored "everyday" at some sites and "at least once a year"
at some sites using flowmeters installed at each site or bills from Waterworks and Sewerage Bureau. Facilities
with high water discharges volumes are monitored as often as once a day. These measurements areaggregated through Marubeni HQ's "Sustainability Survey" conducted once a year.

Water discharge 100%
quality –emissions towater (nitrates,
phosphates,
pesticides, and/or
other priority
substances)

Daily

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some offices confirm
the water discharge quality byquality control devices installed ateach office, and some by otheroutsourced vendors.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to ensure that the discharged water quality constantly
meets effluent standards to continue businesses. For Marubeni "site" refers to manufacturing and operating
facilities like pulp and paper plants, hydroelectric power plans, and other businesses. Since the range ofbusinesses that we handle is very wide, monitoring frequency of water discharges also varies. It is monitored"everyday" at some sites and "at least once a year" at some sites. In the water quality check, such as nitrates,
phosphates, pesticides, and/or other priority substances are monitored by quality control devices and by otheroutsourced vendors. Facilities with high water discharges volumes are monitored as often as once a day. These
measurements are aggregated through Marubeni HQ's "Sustainability Survey" conducted once a year.

Water discharge
quality –temperature

100%

Daily

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some offices confirm
the water discharge quality byquality control devices installed ateach office, and some by otheroutsourced vendors.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to ensure that the discharged water quality constantly
meets effluent standards to continue businesses. For Marubeni "site" refers to manufacturing and operating
facilities like pulp and paper plants, hydroelectric power plans, and other businesses. Since the range ofbusinesses that we handle is very wide, monitoring frequency of water discharges also varies. It is monitored"everyday" at some sites and "at least once a year" at some sites. In the water quality check, such as pH, COD
and others are monitored by quality control devices and by other outsourced vendors. Facilities with high water
discharges volumes are monitored as often as once a day. These measurements are aggregated throughMarubeni HQ's "Sustainability Survey" conducted once a year.

Water
consumption –total volume

100%

YearlyAs a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. Some sites confirm thetotal volume of water consumption
by flowmeters installed at eachsite, and some by bills from
Waterworks and Sewerage
Bureau.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to know the water consumption volume and examine
impact on local water stress to reduce environmental impacts. For Marubeni "site" refers to manufacturing andoperating facilities like pulp and paper plants, hydroelectric power plans, and other businesses. Since the rangeof businesses that we handle is very wide, monitoring frequency of the total water consumption also varies. It ismonitored "everyday" at some sites and "at least once a year" at some sites. Monitoring is done by subtracting
the total volume of water discharge from the total volume of water withdrawal. These measurements areaggregated through Marubeni HQ's "Sustainability Survey" conducted once a year.

Water
recycled/reused

100%

Daily

As a general trading and investing
company like Marubeni, the rangeof businesses that we handle isvery wide, and the monitoring way
also varies. However, most of sites
confirm the recycle of water byflowmeters installed at each site.

As a general trading and investing company like Marubeni, we are involved in a variety of businesses, some ofwhich use a lot of water at their sites, so it is important to promote recycling of wastewater to reduce theenvironmental impacts. For Marubeni "site" refers to manufacturing and operating facilities like pulp and paper
plants, hydroelectric power plans, and other businesses. Since the range of businesses that we handle is very
wide, monitoring frequency of the recycle of water also varies. It is monitored "everyday" at some sites and "atleast once a year" at some sites. Monitoring is done by flowmeters installed at sites. Facilities with high water
recycled volumes are monitored as often as once a day. These measurements are aggregated throughMarubeni HQ's "Sustainability Survey" conducted once a year.

The provision of100%
fully-functioning,safely managed
WASH services toall workers

YearlyMarubeni supplies all Marubeni
employee and contractors who
work at Marubeni sites with safely
managed WASH services. It ismonitored and checked at everysite and offices once a year
through "Sustainability Survey"
conducted annually.

Marubeni supplies all Marubeni employee and contractors who work at Marubeni sites with safely managed
WASH services. It is monitored and checked at every site and offices once a year through "Sustainability
Survey" conducted annually. Marubeni ensures that all the employees of Marubeni Group have the access toclean water and sanitation regardless of regulations. The outcome of the survey is aggregate through thesurvey to Marubeni HQ so that the services of basic human rights are ensured.

W1.2b

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(W1.2b) What are the total volumes of water withdrawn, discharged, and consumed across all your operations, how do they compare to the previous reporting
year, and how are they forecasted to change?
VolumeComparison Primary reason(megaliters/year) withfor comparison
previous
with previous
reportingreporting year
year

FivePrimary reason
year
for forecast
forecast

Please explain

Total
withdrawals

272325

About thesame

Increase/decrease Aboutin businesstheactivitysame

Increase/decrease Marubeni's total water withdrawal volume remained almost at the same level as the previous year. This is due toin businessthe balance between acquisition of new businesses and the divestment of existing businesses, and expand andactivity
reduce in each of our business activities. Since Marubeni's water withdrawal volume is greatly affected by theacquisition of new businesses and the divestment of existing businesses every year, when it comes to the
Marubeni Group's total water withdrawal volume, any changes of less than +/- 20% is defined as almost the samelevel as the previous year.
We assume that future total water withdrawals will be about the same because there are both expand and reducein each of our business activities.

Total
discharges

260902

About thesame

Increase/decrease Aboutin businesstheactivitysame

Increase/decrease "Marubeni's total water discharge volume remained almost at the same level as the previous year. This is due toin businessthe balance between acquisition of new businesses and the divestment of existing businesses and expand andactivity
reduce in each of our business activities. Since Marubeni's water volume of discharge is greatly affected byacquisitions of new businesses and the divestments of existing businesses, when it comes to the MarubeniGroup's total volume of discharged water, any changes of less than +/- 20% is defined as almost the same level as
the previous year.
We assume that future total water discharge will be about the same because there are both expand and reduce ineach of our business activities.

Total
11423
consumption

About thesame

Increase/decrease Aboutin businesstheactivitysame

Increase/decrease Marubeni's total water consumption volume remained almost at the same level as the previous year. This is due toin businessthe balance between acquisition of new businesses and the divestment of existing businesses and expand andactivity
reduce in each of our business activities. Since Marubeni's water consumption volume is greatly affected byacquisition of new businesses and the divestment of existing businesses, when it comes to the Marubeni Group's
total water consumption volume, any changes of less than +/- 20% is defined as almost the same level as theprevious year.
We assume that future total water consumption will be about the same because there are both expand and reducein each of our business activities.

W1.2d(W1.2d) Indicate whether water is withdrawn from areas with water stress, provide the proportion, how it compares with the previous reporting year, and how it isforecasted to change.
Withdrawals %Comparison Primary reason
are from
withdrawn withfor comparison
areas withfromprevious
with previous
water stress areas with reporting
reporting year
water
year
stressRow Yes
1

Less than1%

About thesame

FivePrimary reason
year
for forecast
forecast

Increase/decrease Aboutin businesstheactivitysame

Identification Please explain
tool

Increase/decrease WRI
in business
Aqueductactivity

The percentage of water withdrawn from stressed areas has not changed so much compared to lastyear. This is because there were both increase and decrease in business activity in the operational
area. How the tool was applied: We used WRI Aqueduct. Firstly, we asked our facilities andsubsidiaries that had more than 10,000m3 of water withdrawal volume to specify the address of theiroperation sites and the name of the basin they withdrew water from. After we gained thisinformation, we entered the address, or names of major rivers in WRI Water stress checker andpicked up the ones which were judged to be above 40% of water stress, and determined that there
are water stress. The basins that were identified within our operations are as follows:
Gulf Coast, Mississippi-Missouri, Rio Grande-Bravo,Saskatchewan-Nelson, Kansas, California,
Texas, Minnesota, North Carolina, North Dakota, Iowa, Maipo. We checked with our facilities
including branches and operating companies that account for almost 100% of the Group's water
withdrawal volume. Number of facilities we have checked this year was 2,619, and 40 was identified
as facilities operating in water stressed area.

W1.2h

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(W1.2h) Provide total water withdrawal data by source.
Relevance Volume
Comparison Primary reason(megaliters/year) withfor comparison
previous
with previous
reportingreporting year
year

Please explain

Fresh surface
water, including
rainwater, waterfrom wetlands,
rivers, and lakes

Relevant

253887

About thesame

Increase/decrease Water withdrawal from the fresh surface water is relevant because it is used a lot in our businesses especially in hydroelectricin businesspower plants. The volume of fresh surface water remained about the same compared to last year. This is because there wasactivityno significant change in the operation or acquisition and divestment related to fresh surface water. The change rate from lastyear was -13% and since the threshold we set for "much higher/ much lower" is anything +/-50% compared to the previous
year, and anything +/- 20% is "Higher or Lower", it is "About the same" for this year. The measurements are done directly byeach site. We assume that future water withdrawals will be about the same because there are both expand and reduce ineach of our business activities.

Brackish surface
water/Seawater

Relevant

458

About thesame

Increase/decrease Water withdrawal from the seawater is relevant because it is used a lot in our businesses especially in land-basedin businessaquaculture business. The volume of sea water has remained about the same compared to last year. This is because there
activity
was no significant change in the operation or acquisition and divestment related to fresh surface water. The change rate fromlast year was -0% and since the threshold we set for "much higher/ much lower" is anything +/-50% compared to the previous
year, and anything +/- 20% is "Higher or Lower", it is "About the same" for this year. The measurements are done directly byeach site. We assume that future water withdrawals will be about the same because there are both expand and reduce ineach of our business activities.

Groundwater –renewable

Relevant

11057

About thesame

Increase/decrease Water withdrawal from the groundwater(renewable) is relevant because it is used a lot in our businesses especially inin businesshydroelectric power plants, and in agricultural businesses. The volume of groundwater (renewable) remained about the sameactivity
compared to last year. This is because there was no significant change in the operation or acquisition and divestment related
to groundwater (renewable). The change rate from last year was +5% and since the threshold we set for "much higher/ much
lower" is anything +/-50% compared to the previous year, and anything +/- 20% is "Higher or Lower", it is "About the same"for this year. The measurements are done directly by each site. We assume that future water withdrawals will be about thesame because there are both expand and reduce in each of our business activities.

Groundwater –non-renewableNot
relevant<Not Applicable> <Not
Applicable><Not Applicable>

Marubeni Group's operations do not use any non-renewable ground water. We do not plan to use it even in the future.

Produced/Entrained Not
water
relevant<Not Applicable> <Not
Applicable><Not Applicable>

Marubeni Group's operations do not use any produced water. As long as the business does not change in the future, theamount of produced water is not expected to change.

Third party sources Relevant

6923

Increase/decrease Water withdrawal from the third-party sources are relevant since they are not only used in variety of business but also inin businessoffices. The volume of water from third party sources remained about the same compared to last year. This is because there
activity
was no significant change in the operation or acquisition and divestment related to water from third party sources. Thechange rate from last year was +9% and since the threshold we set for "much higher/ much lower" is anything +/-50%
compared to the previous year, and anything +/- 20% is "Higher or Lower", it is "About the same" for this year. The
measurements are done directly by each site. We assume that future water withdrawals will be about the same because
there are both expand and reduce in each of our business activities.

About the
same

W1.2i
(W1.2i) Provide total water discharge data by destination.
Relevance Volume
Comparison Primary reason(megaliters/year) withfor comparison
previous
with previous
reportingreporting year
year
Fresh surface
water

Please explain

Relevant

243070

About thesame

Increase/decrease The volume of fresh surface water remained about the same compared to last year. This is because there was no significant
in businesschange in the operation or acquisition and divestment related to fresh surface water. The change rate from last year was -13%
activityand since the threshold we set for "much higher/ much lower" is anything +/-50% compared to the previous year, and anything +/20% is "Higher or Lower", it is "About the same" for this year. The measurements are done directly by each site. We assume that
future water discharges will be about the same because there are both expand and reduce in each of our business activities.

BrackishRelevant
surfacewater/seawater

11862

About thesame

Increase/decrease The volume of seawater remained about the same compared to last year. This is because there was no significant change in thein business
operation or acquisition and divestment related to seawater. The change rate from last year was +4% and since the threshold we
activity
set for "much higher/ much lower" is anything +/-50% compared to the previous year, and anything +/- 20% is "Higher or Lower", itis "About the same" for this year. The measurements are done directly by each site. We assume that future water discharges will
be about the same because there are both expand and reduce in each of our business activities.

Groundwater

Relevant

3716

About thesame

Increase/decrease The volume of groundwater (renewable) remained about the same compared to last year. This is because there was no significant
in businesschange in the operation or acquisition and divestment related to groundwater (renewable). The change rate from last year was activity
3% and since the threshold we set for "much higher/ much lower" is anything +/-50% compared to the previous year, and anything+/- 20% is "Higher or Lower", it is "About the same" for this year. The measurements are done directly by each site. We assume
that future water discharges will be about the same because there are both expand and reduce in each of our business activities.

Third-party
destinations

Relevant

2254

About thesame

Increase/decrease The volume of water discharge to third-party remained about the same compared to last year. This is there was no significant
in businesschange in the operation or acquisition and divestment related to water discharged to third-party destinations. The change rate
activity
from last year was -15% and since the threshold we set for "much higher/ much lower" is anything +/-50% compared to theprevious year, and anything +/- 20% is "Higher or Lower", it is "About the same" for this year. The measurements are done
directly by each site. We assume that future water discharges will be about the same because there are both expand and reducein each of our business activities.

W1.2j

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Page 6 of 39

(W1.2j) Within your direct operations, indicate the highest level(s) to which you treat your discharge.
Relevance Volume
Comparison Primary reasonof(megaliters/year) of treatedfor comparison
treatment
volume with with previous
level toprevious
reporting year
discharge
reportingyear
Tertiarytreatment

Relevant

9397% of your
Please explainsites/facilities/operations
this volume applies toMuch higher Increase/decrease 1-10
in businessactivity

Many food-related businesses use tertiary processing. For example, several companies in the livestockbusiness use tertiary processing. This is because the water discharged from these operations contains
colloidal and dissolved components that remain after secondary treatment, and the effluent standards
set by law cannot be achieved with only secondary treatment. In addition, some pulp mills use a large
amount of water, which is recycled and used again in their operations, so tertiary treatment isconducted.
The Marubeni Group complies with purity standards and laws and regulations regarding purification
processes set by each industry and region. Tertiary treatment involves chlorination and other processes
to remove colloidal components and dissolved components that remain after secondary treatment.
The amount of tertiary treatment will remain about the same in the future.

Secondarytreatment

Relevant

41414

Much higher Increase/decrease 11-20
in businessactivity

Secondary treatment is performed by many businesses. This is especially true for companies operating
industrial parks, wastewater treatment operations, livestock operations, and pulp and paper operations.
This is because the water discharged from these businesses contains COD (Chemical Oxygen
Demand), S.S. (Suspended Solid), BOD (Biochemical Oxygen Demand), T-N (Total Nitrogen), andother toxic wastes that remain after primary treatment.
The Marubeni Group complies with the purity standards set by each industry and region, as well as laws
and regulations regarding the purification process. In the secondary treatment process, hazardous
substances such as BOD are removed through activated sludge treatment and other processes.
The amount of secondary treatment will remain about the same in the future.

Primarytreatment
only

Relevant

209235

About thesame

Increase/decrease 81-90
in businessactivity

Primary treatment is performed in many projects, and in the Marubeni Group, primary treatment isperformed in the hydroelectric power generation business. This is because the hazardous wastes
generated by this project are solids such as leaves and trash that can be removed by primary treatment,
and therefore, secondary treatment is not required by the effluent standards set by laws andregulations.
The Marubeni Group complies with laws and regulations regarding purity standards and purification
processes set by each industry and region. For example, in the case of hydroelectric power generation,
physical removal is performed by holding the water still in a reservoir and allowing fallen leaves andtrash to settle out before the water enters the pipeline.
The amount of primary treatment will remain about the same in the future.

Discharge to Relevant
the naturalenvironment
without
treatment

113

Much lower

Increase/decrease Less than 1%
in businessactivity

Much of the water used in this process is used as cooling water for hydroelectric power generation.
Other water is used to clean solar panels, and water is stored for fire protection in businesses that
handle petroleum.

Discharge to Relevanta third party
without
treatment

335

Much lower

Increase/decrease Less than 1%
in businessactivity

Businesses that discharge water to a third party without treatment are such as that only conductbusiness in offices, and shops. Since their main water use is toilets and kitchens in the offices, they
discharge it to a sewage water treatment plant by paying the costs. Therefore, no hazardous material
would be considered. Marubeni Group confirms and complies with the laws and regulation in eachcountry with regards to effluent. The volume of this discharge would stay about the same in the future.

Other

408

About thesame

Increase/decrease Less than 1%
in businessactivity

Water discharged to "Other" refers to such as retention basin, evaporation in the spray-drying process of
products and evaporation in blowing operations with steam in boilers in Marubeni Group's case. This
could be in any type of business if the water does not need treatment. There are no hazardous
substances in the water that goes into retention basin or evaporating water. Marubeni Group follows thelaws and regulation in each country with regards to effluent. The volume of this discharge would stayabout the same in the future.

The Marubeni Group confirms and complies with the laws and regulations of each site when discharging
water into the natural environment without treatment. For those companies that use water for cleaningsolar panels, they discharge the water into the natural environment because their policy is to use only
clean water that does not contain detergents or other chemicals for cleaning solar panels, so thewastewater does not contain hazardous waste and the quality of the water does not change after use.
This discharge will remain about the same in the future.

Relevant

W1.2k(W1.2k) Provide details of your organization’s emissions of nitrates, phosphates, pesticides, and other priority substances to water in the reporting year.
Emissions to water inthe reporting year
(metric tonnes)
Row 22
1

Category(ies)of substances
included

List thespecific
substances
included

Please explain

Nitrates
Phosphates
Pesticides<Not
Applicable>

To prevent nitrate contamination of groundwater and eutrophication of river waters, the Marubeni Group complies with purity standards set byeach industry and region, as well as laws and regulations regarding purification processes, to ensure that the amount of hazardous substancesdischarged does not exceed the standards.
The reported figure is calculated by multiplying the amount of wastewater discharged from our group by the legal standards, and our emissions
are lower than the figure.

W1.3

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(W1.3) Provide a figure for your organization’s total water withdrawal efficiency.

Row
1

Revenue

Total water withdrawal volume(megaliters)

Total water withdrawal
efficiency

Anticipated forward trend

91904720000
00

27232533748175.8927752

Marubeni is engaged in multiple businesses, and future trends in total water withdrawal efficiency are difficult topredict.

W1.4(W1.4) Do any of your products contain substances classified as hazardous by a regulatory authority?

Row 1

Products contain hazardous substances

Comment

Yes<Not Applicable>

W1.4a(W1.4a) What percentage of your company’s revenue is associated with products containing substances classified as hazardous by a regulatory authority?
Regulatory classification % of revenue associated withof hazardous substances products containing substances inthis list

Please explain

Annex XVII of EU REACH
Regulation

The Marubeni Group handles related substances.
The Marubeni Group's related divisions, which handle related substances, exchange information on the EU REACH regulations once a month
between the European office and the head office to manage the chemical substances they handle, including hazardous substances.

Less than 10%

W1.5(W1.5) Do you engage with your value chain on water-related issues?
Engagement

Primary reason for no engagement

Please explain

Suppliers

Yes<Not Applicable><Not Applicable>

Other value chain partners (e.g., customers)

Yes<Not Applicable><Not Applicable>

W1.5a(W1.5a) Do you assess your suppliers according to their impact on water security?
Row 1
Assessment of supplier impact
Yes, we assess the impact of our suppliers
Considered in assessment
Basin status (e.g., water stress or access to WASH services)
Supplier dependence on water
Supplier impacts on water availability
Supplier impacts on water quality
Number of suppliers identified as having a substantive impact544% of total suppliers identified as having a substantive impact
1-25
Please explain
We classify all the commodities we handle based on the EBRD（European Bank for Reconstruction and Development）'s high-risk economic activities, country of origin
risks, and other factors, and select approximately 20 commodities with high sustainability-related risks, including water security. In analyzing the water risk in the country oforigin of each product, WRI Aqeduct classifies "high" and above as high risk, and ultimately identifies 544 companies as "suppliers with significant impacts".
The 544 suppliers are being surveyed between 2022 and 2023. The questionnaire includes the supplier's environmental impact initiatives (compliance with environmental
laws, wastewater management, etc.), water withdrawal and discharge status, policies and initiatives for effective use and reduction of water resources, operations in waterstressed areas, etc., to ascertain water stress, supplier water dependency, water availability impact, and water quality impact.

W1.5b(W1.5b) Do your suppliers have to meet water-related requirements as part of your organization’s purchasing process?

Row 1

CDP

Suppliers have to meet specific water-related requirements

Comment

Yes, suppliers have to meet water-related requirements, but they are not included in our supplier contracts<Not Applicable>

Page 8 of 39

W1.5c(W1.5c) Provide details of the water-related requirements that suppliers have to meet as part of your organization’s purchasing process, and the compliancemeasures in place.
Water-related requirement
Complying with a water-related certification% of suppliers with a substantive impact required to comply with this water-related requirement100%% of suppliers with a substantive impact in compliance with this water-related requirement
100%
Mechanisms for monitoring compliance with this water-related requirement
Certification
Response to supplier non-compliance with this water-related requirement
Retain and engage
Comment
We have notified all of the Marubeni Group's approximately 23,000 suppliers in 2022 of our basic sustainability policy. The policy includes a section on water, which
suppliers are required to comply with when doing business with us.
We have been selling WET BLUE, an intermediate leather product, for many years. All WET BLUE products we import are certified by the LWG (Leather Working Group),
the international environmental certification body for the leather industry.LWG Tanner meets strict audit standards established for water usage, measurement methods, andwastewater treatment to minimize environmental impact.
Water-related requirement
Engaging with their suppliers on water security actions% of suppliers with a substantive impact required to comply with this water-related requirement100%% of suppliers with a substantive impact in compliance with this water-related requirement
100%
Mechanisms for monitoring compliance with this water-related requirement
On-site third-party audit
Response to supplier non-compliance with this water-related requirement
Retain and engage
Comment
We regularly conduct on-site inspections of suppliers with external experts and request them to implement corrective actions when issues are discovered.
In 2022, we conducted on-site inspections at a lifestyle-related manufacturing plant in Vietnam and a natural rubber manufacturing plant in Cote d'Ivoire to confirm that
there were no problems in terms of legal compliance, including monitoring of water intake and wastewater discharge, before conducting business.

W1.5d

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(W1.5d) Provide details of any other water-related supplier engagement activity.
Type of engagement
Innovation & collaboration
Details of engagement
Encourage/incentivize innovation to reduce water impacts in products and services% of suppliers by number
1-25% of suppliers with a substantive impact
26-50
Rationale for your engagement
We have obtained the "LWG (Leather Working Group) Approved Trader" certification in 2022.
LWG Approved Trader is required to ensure traceability and high safety as a trader who handles (*1) WET BLUE processed by LWG Tanner.
LWG tanneries meet strict auditing standards for wastewater treatment and have implemented initiatives to minimize their environmental impact.
We do business with LWG Tanner in Japan and overseas, and we also support domestic tanneries in acquiring LWG certification.
Specifically, for tanners who are interested in acquiring LWG certification, we share international trends and other information with them, explain the importance ofcertification and the general framework of information required to acquire certification, and introduce certified companies to support them in their efforts to acquirecertification.
(*1) Chrome-tanned raw hides.
Impact of the engagement and measures of success
LWG tanneries are required to comply with the effluent treatment protocols set by the LWG, which requires the following,
・The tannery is required to comply with the wastewater treatment protocol set by the LWG, and must clarify the type and source of wastewater and the wastewater
treatment process.
・Compliance with legal standards for 24 specified pollutants (Chemical Oxygen Demand, Biological Oxygen Demand, Ammonia Nitrogen, Chromium VI, etc.)
・Compliance with hourly, daily, weekly, monthly, and annual pollutant emission allowances for the 24 pollutants.
・Record and write down actual measurements and averages of measured values.
In addition, each supplier monitors its effluent against a set threshold for the amount of pollutants it discharges.
LWG tanneries are required to comply with strict effluent standards based on the effluent treatment protocols set by the LWG, and thus have less water impact compared toconventional products.
Our domestic suppliers (LWG tanneries) that we have supported in obtaining certification (*2) have obtained Silver certification, which is a higher level of water impact
reduction.
As a result of our support for certification, LWG tanneries account for approximately 15% of WET BLUE suppliers in Japan.
All LWG tanneries in Japan and overseas with whom we do business have acquired Silver or higher certification.
Working with our suppliers, we are committed to sustainable business activities, including the reduction of water-related risks, by providing our customers with anenvironmentally conscious "LWG supply chain".
(*2) Four levels of rating are given according to the percentage of points scored in the certification audit: Gold (85% or more), Silver (75% or more), Bronze (65% or more),and Pass Audit (50% or more).
Comment
Type of engagement
Innovation & collaboration
Details of engagement
Engage with suppliers to advocate for policy or regulatory change to address water availability and pollution challenges% of suppliers by number
1-25% of suppliers with a substantive impact
26-50
Rationale for your engagement
We have developed a sustainable sourcing policy for coffee in 2022. This policy includes water as a materiality. Based on this policy, we are providing technical guidanceand support to small farmers in Vietnam, Ethiopia, Tanzania, Colombia, and Brazil.
Impact of the engagement and measures of success
The technical guidance and support are expected to improve production efficiency and contribute to the effective use of water resources. Marubeni plans to continue
expanding sustainable coffee procurement, taking water-related risks into consideration.
Comment

W1.5e

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(W1.5e) Provide details of any water-related engagement activity with customers or other value chain partners.
Type of stakeholder
Investors & shareholders
Type of engagement
Education / information sharing
Details of engagement
Run an engagement campaign to educate stakeholders about your water-related performance and strategy
Rationale for your engagement
Marubeni recognizes that energy and resources, including water, are finite, and it is important that we take measures to ensure their effective and efficient use as issues are
expected to become more severe in the future. Therefore, we have set forth in the "Marubeni Group Environmental Policy" that we will promote businesses, provide
products and services, develop technologies, and build social systems that contribute to environmental conservation and improvement in our relationships with ourcustomers and other partners in the value chain.Having this policy, we have been engaging with our customers and other partners by providing stable supplies of water
resources through effective water and sewerage operation.
Impact of the engagement and measures of success
One example is our investment in and personnel dispatch to Maynilad Water Services, Inc. (Maynilad), a water and sewerage company in the West Zone of Metro Manila in
the Philippines, which has a population of 10.5million people. In their capacity as director and assistant of relevant department, seconded employees play a role in corporate
planning, including sustainability. Through the Board of Directors and seconded employees, Marubeni is promoting initiatives to realize sustainability, such as engagementwith customers and other stakeholders through stable supply of water resources through efficient operation of water and sewage systems.
At the same time, as mid- to long-term goals, we are working to improve water quality in intake areas, reduce water loss, and reuse treated sewage water.
The results of these efforts are evaluated according to the sanitation environment and reduction rate.
For example,
・In 2023, the Parañaque New Water Treatment Plant, which reuses treated sewage water for drinking water, became the first Philippine plant to be named "Water Reuse
Project of the Year" at the Global Water Awards 2023 held in Berlin, Germany.
・In June 2023, three ultrasonic algae control units were installed near the water treatment plant at Laguna Lake to improve water quality in the lake.
・Maynilad is investing about 202.3 billion Philippine pesos over five years starting in 2016 to reduce water loss. We have reduced total water loss from 68% in 2006 to
43% by 2022.

W2. Business impacts

W2.1(W2.1) Has your organization experienced any detrimental water-related impacts?
No

W2.2(W2.2) In the reporting year, was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations?
Water-related regulatory violations Fines, enforcement orders, and/or other penalties
Row 1 No

<Not Applicable>

Comment
We have no fines, legal orders, or penalties for violations of water-related regulations to report in FY2022.

W3. Procedures

W3.1(W3.1) Does your organization identify and classify potential water pollutants associated with its activities that could have a detrimental impact on water
ecosystems or human health?
Identification
andclassificationof potentialwaterpollutants
Row Yes, we identify
1and classify ourpotential waterpollutants

CDP

How potential water pollutants are identified and classified

Pleaseexplain

We have established an Environmental Policy and a Sustainability Supply Chain Policy, and manage water-related risks based on these policies.Under the Environmental Policy,<Not
an Environmental Committee has been established to immediately share information with relevant parties in the event of violations of environmental laws and regulations (details of Applica
violations, corrective actions, reports on completion of recurrence prevention measures, etc.).Under the Basic Sustainability Supply Chain Policy, the status of management ofble>sustainability-related risks (including water security) in the operations of consolidated subsidiaries is checked. Specifically, the following.
Our headquarters conducts monthly information exchanges with our European office regarding the *EU REACH regulation. When handling water pollutants that may have harmful
effects on water ecosystems or human health, we classify them appropriately. Once a year, we collect environment-related data from all consolidated subsidiaries.
Environmental data includes wastewater treatment status(primary treatment, secondary treatment,tertiary treatment, etc.) and wastewater monitoring status.Specifically, in the
FY2022 performance data collection, Temperature, color, turbidity, odor, pH Value, Biochemical oxygen demand, Chemical Oxygen Demand, Suspended solids,Total Nitrogen etc,
were identified as water pollutants and the monitoring status was confirmed.
*This is the European legislation for chemical substances management.

Page 11 of 39

W3.1a(W3.1a) Describe how your organization minimizes the adverse impacts of potential water pollutants on water ecosystems or human health associated with youractivities.
Water pollutant category
Oil
Description of water pollutant and potential impacts
We are engaged in the petroleum trading business.
When oil is leaked into the sea during delivery, direct exposure can have a serious impact on the life activities of marine organisms (fish, sea animals, sea birds, etc.) in thevicinity. In addition, exposure to seaweed and plankton may cause long-term and widespread damage, not only through direct exposure, but also through indirect effects on
the organisms that feed on them. In addition, exposure to the highly volatile and toxic components contained in petroleum can adversely affect the health of nearby
residents (headaches, dizziness, nausea, etc.).
Value chain stage
Direct operations
Actions and procedures to minimize adverse impacts
Assessment of critical infrastructure and storage condition (leakages, spillages, pipe erosion etc.) and their resilience
Please explain
We have installed oil fences within the loading area to limit the area of oil leakage in the event of an accident, thereby minimizing the impact on surrounding organisms andresidents. In addition, an emergency manual is in place, and in the event of an accident, details are promptly reported to the company, local government, fishing industry
associations, and other relevant parties, enabling appropriate and prompt recovery and control operations to be carried out. Oil dikes are installed on the tanks after delivery
to prevent leakage.

W3.3(W3.3) Does your organization undertake a water-related risk assessment?
Yes, water-related risks are assessed

W3.3a(W3.3a) Select the options that best describe your procedures for identifying and assessing water-related risks.
Value chain stage
Direct operations
Coverage
Full
Risk assessment procedure
Water risks are assessed as part of an established enterprise risk management framework
Frequency of assessment
Annually
How far into the future are risks considered?
More than 6 years
Type of tools and methods usedTools on the market
Enterprise risk management
International methodologies and standards
Databases
Other
Tools and methods used
WRI Aqueduct
Regional government databases
Other, please specify (Internal company methods, External consultants, audit based on EMS of ISO14001)
Contextual issues considered
Water availability at a basin/catchment level
Water quality at a basin/catchment level
Stakeholder conflicts concerning water resources at a basin/catchment level
Impact on human health
Implications of water on your key commodities/raw materials
Water regulatory frameworks
Status of ecosystems and habitats
Access to fully-functioning, safely managed WASH services for all employees
Stakeholders considered
Customers
Employees
Investors
Local communities

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NGOs
Regulators
Suppliers
Water utilities at a local level
Other water users at the basin/catchment level
Comment
Marubeni uses two types of methods to identify water-related risks. "Sustainability Assessment Tool" which is used as an internal preliminary survey when a new project isplanned, checks risks related to sustainability such as environmental, occupational health and safety, and social risks (like human rights) before we begin the business tohelp identify water-related risks in advance and to conduct an overall ESG-related risks assessment in order to make decisions on projects that better meet the needs ofsociety. In developing the "Sustainability Assessment Tool", external consultants with specialized knowledge have engaged, and relevant laws and regulations, international
standards, and past accident cases of similar businesses were also set as evaluation criteria. If any significant problems are found by this tool, the business plan will be
asked to review again or rejected to start. In as assessment tool, we also included WRI Aqueduct to identify water-stressed area, so that we pay extra attention and bring it
to agenda, when the business planned area was in a water-stressed area. The second is, the sustainability survey that we conduct every year to our direct operations. We
ask all our sites to inform us of the volume of water withdrawal and discharge, as well as the area they withdraw their water to operate their business. In this way, waterrisks are evaluated and identified in Marubeni Group.
Value chain stage
Supply chain
Coverage
Full
Risk assessment procedure
Water risks are assessed as part of an established enterprise risk management framework
Frequency of assessment
Annually
How far into the future are risks considered?
More than 6 years
Type of tools and methods usedTools on the market
Enterprise risk management
International methodologies and standards
Databases
Other
Tools and methods used
WRI Aqueduct
Regional government databases
Other, please specify ( Internal company methods, External consultants)
Contextual issues considered
Water availability at a basin/catchment level
Water quality at a basin/catchment level
Stakeholder conflicts concerning water resources at a basin/catchment level
Impact on human health
Implications of water on your key commodities/raw materials
Water regulatory frameworks
Status of ecosystems and habitats
Access to fully-functioning, safely managed WASH services for all employees
Stakeholders considered
Customers
Employees
Investors
Local communities
NGOs
Regulators
Suppliers
Water utilities at a local level
Other water users at the basin/catchment level
Comment
Water-related risks of supply chain is assessed through "Sustainability Assessment Tool" which is used as an internal preliminary survey when a new project is planned,
checks risks related to sustainability such as environmental, occupational health and safety, and social risks (like human rights) before we begin the business to help
identify water-related risks in advance and to conduct an overall ESG-related risks assessment in order to make decisions on projects that better meet the needs of society.
In developing the "Sustainability Assessment Tool", external consultants with specialized knowledge have engaged, and relevant laws and regulations, international
standards, and past accident cases of similar businesses were also set as evaluation criteria. If any significant problems are found by this tool, the business plan will be
asked to review again or rejected to start. In this assessment tool, we also included WRI Aqueduct to identify water-stressed area, so that we pay extra attention and bring it
to agenda, when the business planned area was in a water-stressed area.
Value chain stage
Other stages of the value chain
Coverage
PartialRisk assessment procedure
Water risks are assessed as part of an established enterprise risk management framework
Frequency of assessment
Annually

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How far into the future are risks considered?
More than 6 years
Type of tools and methods usedTools on the market
Enterprise risk management
International methodologies and standards
Databases
Other
Tools and methods used
WRI Aqueduct
Regional government databases
Other, please specify ( Internal company methods, External consultants, audit based on EMS of ISO14001)
Contextual issues considered
Water availability at a basin/catchment level
Water quality at a basin/catchment level
Stakeholder conflicts concerning water resources at a basin/catchment level
Impact on human health
Implications of water on your key commodities/raw materials
Water regulatory frameworks
Status of ecosystems and habitats
Access to fully-functioning, safely managed WASH services for all employees
Stakeholders considered
Customers
Employees
Investors
Local communities
NGOs
Regulators
Suppliers
Water utilities at a local level
Other water users at the basin/catchment level
Comment

W3.3b(W3.3b) Describe your organization’s process for identifying, assessing, and responding to water-related risks within your direct operations and other stages ofyour value chain.
Rationale for approach to risk assessment

Explanation of contextual issues Explanation of
considered
stakeholders
considered

Decision-making process for risk response

Row We identify and assess water-related risks through・Water availability at theSuppliers
In managing water-related risks in direct operations and supply chains identified and assessed
1
WRI Aqueduct, sustainability information surveys, on- watershed/catchment level andCustomers
using tools such as WRI Aqueduct, Sustainability Risk Assessment Sheets, Annual Sustainabilitysite surveys by experts, and regional government
Water quality at
Because ourInformation Surveys, expert field surveys, and regional government databases, The
databases.
watershed/catchment level
Group isSustainability Promotion Committee is the decision-making body. The Sustainability
For directly managed sites, an annual Sustainability Because some of our operations
engaged in a
Management Committee is chaired by the CFO, with the Sustainability Promotion Department as
Information Survey is conducted and water stress in require freshwater of assured
wide variety ofits secretariat, and is composed of outside directors and outside auditors, Sustainability Leaders
the area of operation is verified by WRI Aqueduct.
quality.
trades andresponsible for sustainability promotion in the Sales Division, each division within the Corporate
Furthermore, each business unit is required to submit ・Water Quality Regulatory
businesses
Staff Group, and each branch office, and local subsidiary, as well as a Sustainability Manager
an environmental assessment sheet (in accordance Framework
globally and has responsible for each sales division. Sustainability Managers are appointed for each sales
with the EMS) each year, and both the WRI
Conflicts of interest over water
many suppliers
division. If any of the sustainability-related risks are determined to be high in any of the surveys,
Aqueduct results and the environmental assessment resources at the basin/catchment and customers.
etc., or if any of the risks become apparent during operations, the Sustainability Promotion
sheet are used to investigate water-related risks. If
level
Department, which is the administrative office, is informed by the Sales Division, and if the risks
risks are identified, we identify ways and timelines to ・Ecosystem and Habitat
Employees
are deemed to be significant for the Marubeni Group, the Sustainability Promotion Committee
minimize them and set goals. These goals are
Conditions
Because it is our makes decisions on measures, etc. to deal with them. If the risk is deemed to be a serious risk
reviewed annually.
Our Group operates businesses
employees thatfor the Marubeni Group, the Sustainability Promotion Committee will make a decision on how to
For the supply chain, we employ external experts and, that require water from many
help identify
respond to it.
based on a sustainability assessment methodology
different parts of the world.
water-related
that defines standards using relevant laws,
Therefore, it is important to comply risks andregulations, and accident cases as reference, wewith the relevant laws andopportunities,
directly ask high-risk commercial suppliers to reduce regulations to build friendly
assesses the risk
their risks and require the same level of requirements relationships with stakeholders
and also it is theas our business. For example, water risk increases
involved in water resources at the employees thatwhen forests with high environmental protection
basin and catchment level. In the may be impacted
functions such as water source recharge areunlikely event of a serious conflict by our activities.
destroyed. For this reason, we have established awith these stakeholders, it could
product procurement policy for forest-derived
lead to a suspension of
Investors
products and promote the procurement of properly
operations. We will cooperate with Because
managed forest-derived products. In order to realize our stakeholders to help protect
investors caresustainable use of forest resources, we conduct due the environment and reduce
and want to know
diligence on suppliers with regard to their legal
potential environmental impacts,
how Marubeni iscompliance and environmental conservation status.
and to conserve biodiversity.
managing water・Marubeni is involved in therelated risks andcultivation of grains, vegetables,otherand fruits; aquaculture; andsustainability
production of forest products, and issues in order tothe supply chain from which it
minimizeprocures raw materials is also
investment risk
significantly affected by water.
and increase the・All employees must havepotential for longaccess to safe, controlled, andterm value
highly functional WASH services. creation.
Because safe drinking water and

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Rationale for approach to risk assessment

sanitation areof
basic
human rights,
Local
Explanation
contextual
issues Explanationof Decision-making process for risk response
and because we are committed to stakeholders
communities
consideredcreating a fair and safe workingNGOsconsideredenvironment for all employees and Other water users
helping them maintain and improve at thetheir health.
basin/catchment
・Toxic substances in wastewater level
permeate drinking water and
Because thebioaccumulate in food, which
Marubeni Groupaffect human health.
engages inmutualcommunication
with water users
in thecommunities,
watersheds, andcatchments thatshare water
resources, andreflects thevoices of local
communities in
the managementof our waterbusiness and in
our analysis ofrisks.
We are always
mindful of thestatements ofNGOs that affectour reputation,
which we believe
are useful inunderstanding
water-related
concerns andopportunities.
Regulators
Becauseregulations andlaws have asignificant impact
on the ourGroup's businessstrategies
includingsecuring
procurement andsales channels
for products,
maintaining
existing business,and launching
new projects.
Water utilities at
a local level
Stable watersupply andpricing areimportant factors
becausecontracts andrates varydepending on
which area's
water supply isused when
considering
where to locate abusiness or
facility.

W4. Risks and opportunities

W4.1(W4.1) Have you identified any inherent water-related risks with the potential to have a substantive financial or strategic impact on your business?
Yes, both in direct operations and the rest of our value chain

W4.1a

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(W4.1a) How does your organization define substantive financial or strategic impact on your business?
Marubeni Group defines substantive financial or strategic impact on our business as, when uncertain events affect our business or site's profit and loss, when plans for
projects and the revenue get affected, and when our group's business continuity is threatened.

The metrics used to identify substantive impact are defined in several ways, and they differ by projects and sites, but we qualitatively determine that there is a substantive
impact when we see the cost and time which was taken to provide countermeasures in order to prevent/ make up for such uncertain risks, delay in project process, and the
downtime of the incident.

The threshold or amount of change in the metric that represents a substantive impact also differ by projects and sites, but one absolute threshold or amount of change would
be a failure to reach the plan or a failure of the plan (like suspensions) and such as closure of the operation. We have our own management indicator called PATRAC (Profit
After Tax Less Risk Asset Cost), which we use as one of the guidelines for evaluating projects from a quantitative perspective. For each project, we target PATRAC
exceeding zero, which measures how much the return exceeds the minimum return target for the risk. If the PATRAC index is below zero, it is considered the risk exceeds the
profit, and the project must be divested or replaced. Therefore, if the profitability and operations of a business was affected by water risk, and a PATRAC below zero, it isquantitatively determined to have a substantive impact.

Based on the above qualitative indicators and quantitative evaluation thresholds, we comprehensively determine whether there is a substantive financial or strategic impact.
This definition/thresholds/metrics are related to both our direct operations and other parts of our value chain.

One of the production bases that Marubeni considers vulnerable to water risk is Mibugawa Electric Power which operates hydroelectric power plants. In 2019, Mibugawa
suffered from flood and caused serious damage. This caused one of Mibugawa's hydroelectric power to work properly for four months. This has cause drop in almost 0.28%
of the Marubeni's Power Division's annual revenue in 2019 and had an impact on PATRAC for this project in 2019. Therefore, even though we are taking actions to mitigate
the risks as much as we can, if even more serious natural hazards hit multiple hydropower plants at the same time in the future, we consider that we might suffer fromsubstantive financial impact.

W4.1b(W4.1b) What is the total number of facilities exposed to water risks with the potential to have a substantive financial or strategic impact on your business, andwhat proportion of your company-wide facilities does this represent?

Row 1

Total number of facilities exposed to water risk

% company-wide facilities this represents

2

Less than 1%

Comment

W4.1c

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(W4.1c) By river basin, what is the number and proportion of facilities exposed to water risks that could have a substantive financial or strategic impact on yourbusiness, and what is the potential business impact associated with those facilities?
Country/Area & River basin
Japan

TenryuNumber of facilities exposed to water risk
1
% company-wide facilities this represents
Less than 1%
Production value for the metals & mining activities associated with these facilities<Not Applicable>% company’s annual electricity generation that could be affected by these facilities<Not Applicable>% company’s global oil & gas production volume that could be affected by these facilities<Not Applicable>% company’s total global revenue that could be affected
Less than 1%
Comment
Country/Area & River basin
Japan

Yodo

Number of facilities exposed to water risk
1
% company-wide facilities this represents
Less than 1%
Production value for the metals & mining activities associated with these facilities<Not Applicable>% company’s annual electricity generation that could be affected by these facilities<Not Applicable>% company’s global oil & gas production volume that could be affected by these facilities<Not Applicable>% company’s total global revenue that could be affected
Less than 1%
Comment

W4.2(W4.2) Provide details of identified risks in your direct operations with the potential to have a substantive financial or strategic impact on your business, and yourresponse to those risks.
Country/Area & River basin
Japan

TenryuType of risk & Primary risk driver
Acute physicalHeavy precipitation (rain, hail, snow/ice)Primary potential impact
Reduced revenues from lower sales/output
Company-specific description
Marubeni's subsidiary, Mibugawa Electric Power, is engaged in hydroelectric power, and has 21 small hydroelectric power plants in Japan. When there is a heavy rain, theincreased water scrapes away sediment in the process of flowing through mountains and provokes sediment inflow to the hydroelectric power plant's water intake
equipment and damage it. As a result, the suspension of power supply might occur. This impact was identified based on experience with heavy rainfall of 2019 in Nagano
prefecture which resulted in a significant reduction in water withdrawals for four months in one of the small hydroelectric power plants in Nagano and caused significant
damage to operations due to sediment inflow and damage to the intake facilities.
Timeframe
1-3 years
Magnitude of potential impact
MediumCDP

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Likelihood
About as likely as not
Are you able to provide a potential financial impact figure?
Yes, a single figure estimate
Potential financial impact figure (currency)
460000000
Potential financial impact figure - minimum (currency)<Not Applicable>
Potential financial impact figure - maximum (currency)<Not Applicable>
Explanation of financial impact
Mibugawa Power, an operating company of the Marubeni's Power Division, experienced a significant reduction in water withdrawals for approximately four months due toheavy rainfall in the fall of 2019, which resulted in a significant reduction in water withdrawals and the associated reduction in revenue due to the inflow of sediment anddamage to water intake facilities. Therefore, it depends on damage to the facilities but, if we assume a six-month period of significant reduction in water intake at Power
Plant 1 and Power Plant 2, we estimate the impact of roughly 0.138% per year (about 460 million yen) on the Power Division's FY2022 sales of 334,172 million yen.
Primary response to risk
Increase capital expenditure
Description of response
Marubeni sets target to increase the proportion of renewable energy sources to approximately 20% of net power generation capacity by 2023 and is placing emphasis on
renewable energy sources very much. Under these circumstances, we are making efforts to mitigate the risks associated with hydroelectric power generation, one of ourcore renewable businesses, by increasing capital expenditure, reinforcing our facilities and thoroughness maintenance, as we cannot contribute to the increase in power
generation capacity if the power plant shuts down operations due to natural disasters or any other reasons. Since the start of operations, Mibugawa Power Company,
Marubeni's operating company in the Power Division, has made annual efforts to prevent breakdowns through regular maintenance and early restoration, and took thesemeasures in FY2022 as well. As a result, no long-term shutdowns of power plant operations occurred in FY2022.
Cost of response
495000000
Explanation of cost of response
We estimate that the expected expenditure to address the risk is approximately 495,000,000 yen. This amount is estimated based on the cost of repairing the facilities andthe cost of building temporary roads necessary for the repair and so forth if the risk actually materializes. The repair response itself when the risk materializes and the facility
is damaged would require one year for permit application, design, and construction study, and about two years for the actual work, so it would take about two to three years
in total. Marubeni thinks that some of these are continuous cost, given updates of the facilities.
Country/Area & River basin
Japan

Yodo

Type of risk & Primary risk driver
Acute physicalFlood (coastal, fluvial, pluvial, groundwater)

Primary potential impact
Reduction or disruption in production capacity
Company-specific description
Fukuyama Paper, one of Marubeni's subsidiaries, is a pulp and paper manufacturer that stands close to Yodo River. This company takes up roughly about 0.5% ofMarubeni's total profit. If Fukuyama's production site were to be flooded, faced with power shortages or power outages because of heavy rains or flooding, it will be
impossible to operate its production facilities, which could cause delays in shipments. According to the hazard map published by Osaka City, there are possibilities of total
rainfall of 737mm in 24 hours (although the probability of such rainfall is about 1/1000th in a year) in the area where Fukuyama is and is expected to cause 3-5 meters offlooding.
Timeframe
More than 6 years
Magnitude of potential impact
High
Likelihood
LikelyAre you able to provide a potential financial impact figure?
Yes, a single figure estimate
Potential financial impact figure (currency)
8500000000
Potential financial impact figure - minimum (currency)<Not Applicable>
Potential financial impact figure - maximum (currency)<Not Applicable>
Explanation of financial impact
According to the hazard map published by Osaka City, there are possibilities of total rainfall of 737mm in 24 hours in the area where Fukuyama Paper is, which could cause
3-5 meters of flooding. We have estimated the damage Fukuyama might face caused by this assumption and found that it will take almost six months to recover. The
financial impact is based on the cost which will be needed to repair and renew all the equipment and the potential revenue which Fukuyama might lose during the six months
closure.

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Primary response to risk
Increase insurance coverage
Description of response
Marubeni assesses the business conformity with environmental laws and the levels of possible adverse impact on the environment as well as the risk which the businessfaces, in the event of an accident or some other emergency using the internal “Environmental Evaluation Sheet.” The complete evaluation sheet is used as part of making
the ﬁnal decision on whether the business should be implemented or not. We also conduct regular site inspections to ensure that there are no business risks, and if there
are potential risks, we consider and implement countermeasures.
To mitigate the potential risks Fukuyama faces, we analyze it is important to have adequate insurance to minimize damage to our facilities and the products we deliver toour customers. Fukuyama ensures that insurance is granted to equipment and other owned assets at the time of annual insurance renewal timing, thereby minimizing
potential revenue loss. Fukuyama renewed its insurance in FY2022 as well. Also, to minimize the impact of flood damage, Fukuyama has been raising the foundation ofsome of its existing facilities since the factory was first moved to its current location (Osaka) in 1959 and is considering similarly raising the foundation if the gas turbine isever updated in the future.
Cost of response
224000000
Explanation of cost of response
The corresponding costs are estimated based on the assumed annual insurance premium (24 million yen) and the approximate cost of bulking up the existing facility (200
million yen). However, these costs will vary on the cost of introducing new equipment and repair of equipment.

W4.2a

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(W4.2a) Provide details of risks identified within your value chain (beyond direct operations) with the potential to have a substantive financial or strategic impact
on your business, and your response to those risks.
Country/Area & River basin
United States of America

Mississippi River

Stage of value chain
Supply chain
Type of risk & Primary risk driver
Chronic physicalPrecipitation and/or hydrological variability

Primary potential impact
Reduced revenues from lower sales/output
Company-specific description
Marubeni is engaged in Fertilizer Distribution through its consolidated subsidiary, MacroSource. If the use of river-related logistics is suspended due to torrential rains or
flooding, the supply of fertilizers from suppliers will be halted, and Marubeni expects a decrease in earnings due to a decline in procurement, sales, distribution, andproduction volume.
Average temperatures are rising around the Mississippi River due to climate change, and localized heavy rainfall is becoming more common. For example, according to
CLIMATE CENTRAL, a non-profit climate data analysis organization, local Hourly Rainfall Intensity around the Mississippi River Basin, including Kansas, Minnesota,
Mississippi, and Missouri, has increased in all regions compared to 1970. The risk of flooding due to localized rainfall is increasing year by year.
The WRI Aqueduct flood risk (estimated urban damage rate) is 0.0489% for Japan and 0.215% for the U.S., and 0.298% for Mississippi and Missouri, which are consideredrelatively high flood risks.
Timeframe
1-3 years
Magnitude of potential impact
Medium-highLikelihood
LikelyAre you able to provide a potential financial impact figure?
No, we do not have this figure
Potential financial impact figure (currency)<Not Applicable>
Potential financial impact figure - minimum (currency)<Not Applicable>
Potential financial impact figure - maximum (currency)<Not Applicable>
Explanation of financial impact
N/A
Primary response to risk
Upstream

Increase supplier diversification

Description of response
Increased supplier diversity has resulted in risk responses.
We diversify risk by purchasing from suppliers that do not use the same river-related equipment.
Cost of response0
Explanation of cost of response
Since the Company is responding by diversifying its suppliers and is not incurring any costs.

W4.3(W4.3) Have you identified any water-related opportunities with the potential to have a substantive financial or strategic impact on your business?
Yes, we have identified opportunities, and some/all are being realized

W4.3a

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(W4.3a) Provide details of opportunities currently being realized that could have a substantive financial or strategic impact on your business.
Type of opportunity
Products and services
Primary water-related opportunity
Sales of new products/services
Company-specific description & strategy to realize opportunity
Marubeni will pursue long-term corporate value enhancement by 2030 based on the mid-term management plan called GC2021, which aims to simultaneously promote
three growth horizons (enhancement of existing businesses, strategic pursuit of existing business domains, and white space) and has invested a total of 810 billion yen from2019 to 2021, including in water-related businesses. In the next mid-term management "GC2024," we plan to invest a total of 1,100 billion yen to strengthen existing
businesses and promote new businesses.
In the Power Business & Energy Infrastructure Solution Group, which is engaged in water-related businesses, Marubeni has been strategically developing services andinvesting on projects that challenge issues in various categories in water environment. These are such as water source maintenance (relieving water stress), water supply,and sewer drain. Marubeni owns and operates four stand-alone desalination and power generation plants (IWPPs) in the arid region of the United Arab Emirates. These
plants produce a total of 440 million gallons of freshwater per day, and Marubeni is helping to alleviate stress on the region's water resources.
Another new opportunity is a seawater desalination project in Saudi Arabia that we participated in 2019. The plant has started commercial operation in 2022.Operations
have begun but are still in the start-up phase, and we are currently taking various measures to ensure efficient and stable operation. It will operate for the supply and sale oftreated water for the next 25 years.
Marubeni believes that providing a stable supply of safe and reliable water will contribute to the realization of a sustainable society in a market where needs for water
infrastructure are expanding due to population growth and urbanization. Marubeni is strengthening its efforts in the field of social infrastructure, aiming to enhance its highvalue-added services and functions. With respect to water infrastructure projects, including seawater desalination projects, Marubeni is strategically strengthening its
acquisition of development know-how, with a view to participating in projects not only in the Middle East but also in South America and other parts of the world.
Estimated timeframe for realization
1 to 3 years
Magnitude of potential financial impact
MediumAre you able to provide a potential financial impact figure?
Yes, a single figure estimate
Potential financial impact figure (currency)
8611827900
Potential financial impact figure – minimum (currency)<Not Applicable>
Potential financial impact figure – maximum (currency)<Not Applicable>
Explanation of financial impact
Potential financial impact represents estimated annual sales.

W5. Facility-level water accounting

W5.1(W5.1) For each facility referenced in W4.1c, provide coordinates, water accounting data, and a comparison with the previous reporting year.
Facility reference number
Facility 1
Facility name (optional)
Mibugawa Electric PowerCountry/Area & River basin
Japan

TenryuLatitude35.766
Longitude
138.08Located in area with water stressNo
Primary power generation source for your electricity generation at this facility<Not Applicable>
Oil & gas sector business division<Not Applicable>
Total water withdrawals at this facility (megaliters/year)
189680Comparison of total withdrawals with previous reporting year

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About the same
Withdrawals from fresh surface water, including rainwater, water from wetlands, rivers and lakes
185998
Withdrawals from brackish surface water/seawater0
Withdrawals from groundwater - renewable
3681
Withdrawals from groundwater - non-renewable0
Withdrawals from produced/entrained water0
Withdrawals from third party sources0
Total water discharges at this facility (megaliters/year)
189680Comparison of total discharges with previous reporting year
About the same
Discharges to fresh surface water
185998Discharges to brackish surface water/seawater0
Discharges to groundwater
3681
Discharges to third party destinations
0
Total water consumption at this facility (megaliters/year)
0Comparison of total consumption with previous reporting year
About the same
Please explain
Mibugawa Electric Power, Marubeni's subsidiary company, operates 21 small hydroelectric power plants in Japan. The volume of water that ran through hydroelectric power
plants was directly measured at each site. There were no significant changes in the volume of the water withdrawn this year compared to the previous year. Since
Mibugawa operates hydroelectric power plants, the water withdrawn will be used to generate power and then returned to rivers. Therefore, the consumption is nearly equal
to zero so if the volume of water withdrawal drops, so as the volume of water discharge will be. The future trend would stay the same or slightly higher than this year if any
new hydroelectric power plants are included. The thresholds of the measurement Marubeni set is as follows: any rate which is over +/-20% is higher or lower compared tothe previous year, and any rate which is over +/-50% is much higher or much lower. WRI Aqueduct was used to find out if the river related to Mibugawa is stressed or not
and turned out that there was no water stress. The water withdrawals from the third party here means municipal supplier.
Facility reference number
Facility 2
Facility name (optional)
Fukuyama Paper
Country/Area & River basin
Japan

Yodo

Latitude34.73
Longitude
135.45
Located in area with water stressNo
Primary power generation source for your electricity generation at this facility<Not Applicable>
Oil & gas sector business division<Not Applicable>
Total water withdrawals at this facility (megaliters/year)
1033
Comparison of total withdrawals with previous reporting year
About the same
Withdrawals from fresh surface water, including rainwater, water from wetlands, rivers and lakes
1024
Withdrawals from brackish surface water/seawater
0
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Withdrawals from groundwater - renewable0
Withdrawals from groundwater - non-renewable0
Withdrawals from produced/entrained water0
Withdrawals from third party sources8
Total water discharges at this facility (megaliters/year)
728
Comparison of total discharges with previous reporting year
About the same
Discharges to fresh surface water0
Discharges to brackish surface water/seawater0
Discharges to groundwater0
Discharges to third party destinations
728
Total water consumption at this facility (megaliters/year)
305
Comparison of total consumption with previous reporting year
About the same
Please explain
The water volume of withdrawal, discharge and consumption has stayed almost the same compared to the previous year. The volume is directly measured at the site byflow meters. Future trends are expected to increase due to higher production of products. Also, the thresholds of the measurement Marubeni set are as follows: any rate
which is over +/-20% is higher or lower compared to the previous year, and any rate which is over +/-50% is Much higher or Much lower. WRI Aqueduct was used to find out
if the river related to Fukuyama Paper is stressed or not and turned out that there was no water stress. The third-party destinations do not include water to otherorganizations for further use.

W5.1a
(W5.1a) For the facilities referenced in W5.1, what proportion of water accounting data has been third party verified?
Water withdrawals – total volumes% verified
76-100
Verification standard used
Marubeni has asked KPMG AZSA Sustainabiliy Co. Ltd to audit and verify environmental data including the total volumes of water withdrawal, total volume of discharge,
total consumption, and recycled rate. Verification process is now being conducted in accordance with "International Standard on Assurance Engagements(ISAE)3000" Theprocess is in progress this year, but the coverage of this will be 100%.
Please explain<Not Applicable>
Water withdrawals – volume by source% verified
Not verified
Verification standard used
<Not Applicable>
Please explain
We have not yet obtained third-party verification of water withdrawal by water source because we have not yet been able to calculate the data precisely.
We are currently considering the possibility of acquiring the data verification within the next two years.
Water withdrawals – quality by standard water quality parameters% verified
Not verified
Verification standard used
<Not Applicable>
Please explain
We have not yet obtained third-party verification of water withdrawals quality by standard water quality parameters because we have not yet been able to calculate the data
precisely.
We are currently considering the possibility of acquiring the data verification within the next two years.

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Water discharges – total volumes% verified
76-100
Verification standard used
Marubeni has asked KPMG AZSA Sustainabiliy Co. Ltd to audit and verify environmental data including the total volumes of water withdrawal, total volume of discharge,
total consumption, and recycled rate. Verification process is now being conducted in accordance with "International Standard on Assurance Engagements(ISAE)3000" Theprocess is in progress this year, but the coverage of this will be 100%.
Please explain<Not Applicable>
Water discharges – volume by destination% verified
Not verified
Verification standard used
<Not Applicable>
Please explain
We have not yet obtained third-party verification of water discharges by destination because we have not yet been able to calculate the data precisely.
We are currently considering the possibility of acquiring the data verification within the next two years.
Water discharges – volume by final treatment level% verified
Not verified
Verification standard used
<Not Applicable>
Please explain
We have not yet obtained third-party verification of water discharges by final treatment level because we have not yet been able to calculate the data precisely.
We are currently considering the possibility of acquiring the data verification within the next two years.
Water discharges – quality by standard water quality parameters% verified
Not verified
Verification standard used
<Not Applicable>
Please explain
We have not yet obtained third-party verification of water discharge quality by standard water quality parameters because we have not yet been able to calculate the data
precisely.
We are currently considering the possibility of acquiring the data verification within the next two years.
Water consumption – total volume% verified
76-100
Verification standard used
Marubeni has asked KPMG AZSA Sustainabiliy Co. Ltd to audit and verify environmental data including the total volumes of water withdrawal, total volume of discharge,
total consumption, and recycled rate. Verification process is now being conducted in accordance with "International Standard on Assurance Engagements(ISAE)3000" Theprocess is in progress this year, but the coverage of this will be 100%.
Please explain<Not Applicable>

W6. Governance

W6.1(W6.1) Does your organization have a water policy?
Yes, we have a documented water policy that is publicly available

W6.1a

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(W6.1a) Select the options that best describe the scope and content of your water policy.
Scope

Content

Please explain

Row Company- Description of the Marubeni believes that our business growth must align with sustainable growth of society. Therefore, Marubeni has set company-wide "Concept of Marubeni Group's
1
wide
scope (including Sustainability" and has identified three categories of Fundamental Materiality, and four categories of Environmental and Social materiality in our Sustainability Management
value chain
Committee in 2019. The Environmental and Social materiality aligns with public policy initiatives such as SDGs. Marubeni also has company-wide Environmental Policy. In thisstages) covered
policy we clearly state our commitment of using energy and resources, including water, efficiently. By reducing water usage through promotion of efficient use and recycling ofby the policy
water, as well as providing stable supplies of water resources through effective water and sewerage operation and power and desalination projects, we will not only commit to
Description ofregulatory compliance but also continue to contribute to the environment communities and to resolving water-related social issues.
business
dependency on
water
Description ofbusiness impact
on waterCommitment toalign withinternationalframeworks,
standards, andwidely-recognizedwater initiatives
Commitment toprevent, minimize,and control
pollution
Commitment to
reduce water
withdrawal and/or
consumption
volumes in direct
operations
Commitment to
reduce water
withdrawal and/or
consumption
volumes in supply
chain
Commitment tosafely managed
Water, Sanitationand Hygiene(WASH) in theworkplace
Commitment tosafely managed
Water, Sanitationand Hygiene(WASH) in local
communities
Commitment tostakeholder
education andcapacity building
on water security
Commitment towater stewardship
and/or collective
actionCommitments
beyond regulatorycompliance
Reference tocompany waterrelated targets
Acknowledgementof the human rightto water andsanitation
Recognition ofenvironmental
linkages, forexample, due toclimate change

W6.2(W6.2) Is there board level oversight of water-related issues within your organization?
Yes

W6.2a

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(W6.2a) Identify the position(s) (do not include any names) of the individual(s) on the board with responsibility for water-related issues.
Position
Responsibilities for water-related issuesofindividual
orcommittee
Chief
Executive
Officer(CEO)

The CEO has the final authority over water-related issues on the Board of Directors. The CEO has the authority to make final decisions regarding policies and strategies pertaining to water-related
issues proposed by The Sustainability Management Committee, which is an advisory body for the CEO, and is responsible for oversight. After the Board of Directors deliberates on water-related risk
management targets such as reducing water consumption, and other strategies and policies pertaining to water-related issues, the CEO, who participates in these discussions, makes final decisions
and is ultimately responsible for overseeing the implementation of the decisions while considering the viewpoints of the appropriateness of our ESG risk management and compatibility with society. For
example, the water consumption targets, which were discussed by the Board of Directors and approved by the CEO, were updated in May 2022, and are monitored and supervised. The goal, updated
in May 2022, is to reduce water consumption at the Tokyo headquarters by 50% in FY2026 compared to FY2015.

W6.2b
(W6.2b) Provide further details on the board’s oversight of water-related issues.
Frequencythat waterrelated
issues areascheduled
agendaitem

Governancemechanisms
into whichwater-related
issues areintegrated

Please explain

Row Scheduled - Monitoring
By receiving periodic reports on important matters pertaining to water-related issues discussed by the Sustainability Management Committee, the Board of Directors oversees1
some
implementation matters regarding sustainability management including water-related issues while considering various viewpoints, such as the appropriateness of our ESG risk management
meetings
andand compatibility with society.
performance
The Committee has been established as an advisory body for the CEO and as part of its organization to promote sustainability initiatives. By integrating water-related issues
Monitoring
into reviewing and guiding our corporate strategy, the Board of Directors aims to enhance its corporate value by consistently staying ahead of changes and by incorporating into
progressthe company’s business model the latest trends in water-related measures. For example, the Board revises and updates the company’s strategies and policies that are
towards
incompatible with global trends in water-related measures while considering environmental and social needs. Furthermore, by monitoring implementation and performance ofcorporate
objectives, the Board of Directors responds by various means, including periodically reviewing our water consumption targets and other policies and taking necessary steps if thetargets
targets have not been reached.
Overseeing
acquisitions,mergers, anddivestitures
Overseeing
and guiding
public policy
engagement
Overseeing
and guiding
scenario
analysis
Overseeing
major capital
expenditures
Overseeing thesetting ofcorporate
targets
Overseeing
value chain
engagement
Providingemployeeincentives
Reviewing andguiding annual
budgets
Reviewing andguidingbusiness plans
Reviewing andguiding
corporate
responsibility
strategy
Reviewing andguiding majorplans of action
Reviewing andguiding risk
management
policies
Reviewing andguiding
strategy
Reviewing
innovation/R&Dpriorities
Setting
performance
objectives

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W6.2d
(W6.2d) Does your organization have at least one board member with competence on water-related issues?
Board
Criteria used to assess competence of board member(s) on water-related issues
member(s)havecompetence
on waterrelated
issuesRow Yes1

Primary
Explain why your organization
reason for does not have at least one
no boardboard member withlevel
competence on water-relatedcompetence issues and any plans to
on wateraddress board-level
relatedcompetence in the futureissuesAmong the directors, the Chief Sustainable Development Officer (CSDO; at Marubeni, CSDO and CSO mean the same) chairs the<Not
Sustainability Management Committee. The CSDO has been in his current position since April 2020 and has led the development of the Green Applicable>
Strategy that is the core of GC2024, our Mid-Term Management Strategy. By receiving periodic reports on important matters pertaining toclimate change and water-related issues discussed by the Sustainability Management Committee, the Board of Directors oversees matterspertaining to sustainability management including climate change and water-related issues while considering various viewpoints, including theappropriateness of our ESG risk management and compatibility with society.
As for effectiveness evaluations regarding the Board of Directors, the Governance and Remuneration Committee, the majority of whose
members are Independent Outside Directors/Audit & Supervisory Board Members, assesses and reviews the Board of Directors as a whole,including its composition and operation, etc., and then reports to the Board of Directors. Then, based on deliberations in meeting of the Boardof Directors, an overview of the evaluation results is disclosed, and this is utilized to make improvements regarding the operation, etc. of theBoard of Directors.
As for the effectiveness evaluation regarding the Board of Directors in FY2022, the Corporation held an interview with all Directors and Audit &Supervisory Board Members in addition to conducting the questionnaire. The questionnaire was revised under the intention to focus on key
management issues while continuing to adhere to the revised corporate governance code. As overview of evaluations results, highly valued
was the deliberation of issues such as sustainability and the mid-term management plan, which took place with sufficient content andfrequency to the Board of Directors.

<Not Applicable>

W6.3

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(W6.3) Provide the highest management-level position(s) or committee(s) with responsibility for water-related issues (do not include the names of individuals).
Name of the position(s) and/or committee(s)Chief Sustainability Officer (CSO)
Water-related responsibilities of this position
Assessing future trends in water demand
Assessing water-related risks and opportunities
Managing water-related risks and opportunities
Conducting water-related scenario analysis
Setting water-related corporate targets
Monitoring progress against water-related corporate targets
Managing public policy engagement that may impact water security
Managing value chain engagement on water-related issues
Integrating water-related issues into business strategy
Managing annual budgets relating to water security
Managing major capital and/or operational expenditures related to low water impact products or services (including R&D)
Managing water-related acquisitions, mergers, and divestitures
Frequency of reporting to the board on water-related issues
More frequently than quarterly
Please explain
Chief Sustainability Officer (CSO) is the chair of Marubeni's Sustainability Management Committee that is under direct control of President and CEO. The CSO who is theCommittee chair, has the final authority over water-related issues evaluated and monitored by the Committee. In the committee, themes such as company-widecommitment, policies, measures, outcomes, and the process, regarding Marubeni's water security, results of the study of business development considering water risk, suchas assessment of potential water pollution risks from areas or projects that may increase water stress (limit water withdrawals) in the future, and activities in the Committee
are reported at least quarterly to the Board of Directors from CSO and are ultimately managed under the supervision of the Board of Directors.
Name of the position(s) and/or committee(s)Sustainability committee
Water-related responsibilities of this position
Assessing future trends in water demand
Assessing water-related risks and opportunities
Managing water-related risks and opportunities
Conducting water-related scenario analysis
Setting water-related corporate targets
Monitoring progress against water-related corporate targets
Managing public policy engagement that may impact water security
Managing value chain engagement on water-related issues
Integrating water-related issues into business strategy
Managing annual budgets relating to water security
Managing major capital and/or operational expenditures related to low water impact products or services (including R&D)
Managing water-related acquisitions, mergers, and divestitures
Frequency of reporting to the board on water-related issues
More frequently than quarterly
Please explain
The Sustainability Management Committee is under the direct control of the President and CEO and convenes monthly or every two months. There are three committee
members who are external directors or outside auditors, who act as advisors and provide external viewpoints. The Board of Directors provides oversight by receiving
regular reports on the important issues that are discussed by the committee. The company’s policies and measures for sustainability including identification and periodic
review of the material issues with consideration of the ESG perspectives, climate change and the transition to low-carbon society, water security issues, measures onconservation of biodiversity, as well as human rights in business and risk management in the supply chain are discussed. With regards to water security issues, thecommittee mainly discusses the amount of water consumption of Marubeni Group, and water businesses such as water supply and sewage projects, and water treatment
projects.

W6.4(W6.4) Do you provide incentives to C-suite employees or board members for the management of water-related issues?
Provide incentives for management of water-related issues
Row 1

Comment

Yes

W6.4a

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Page 28 of 39

(W6.4a) What incentives are provided to C-suite employees or board members for the management of water-related issues (do not include the names ofindividuals)?
Role(s) entitled Performance
to incentive
indicator

Contribution of incentives to the achievement of your organization’s water commitments

Please explain

Monetary Board/Executive Reduction of
The progress of the performance indicators is related to the progress of our "Green Strategy". One of the key pillars of GC2024, our MidESG contributions,rewardboard
water
Term Management Strategy announced in 2022, is "Green Strategy. The "Green Strategy" includes strengthening the water business (water including water, arewithdrawals – and wastewater services, and seawater desalination), reducing environmental impacts, and working with customers and partners to build a reflected in qualitative
directsustainable supply chain. Progress in these indicators is reflected in the qualitative assessments and will affect the compensation ofassessments andoperations
directors. Therefore, this incentive contributes to the progress of the "Green Strategy".
influence theReduction incompensation ofwater
directors.
consumption
volumes –directoperations
Reduction of
water
withdrawal
and/orconsumption
volumes –supply chain
Improvements
in waterefficiency –directoperations
Improvements
in waterefficiency –supply chain
Improvements
in waterefficiency –product use
Improvements
in wastewater
quality – direct
operations
Improvements
in wastewater
quality – supply
chain
Improvements
in wastewater
quality –product use
Reduction ofwater pollution
incidents
Increased
access toworkplace
WASH – direct
operations
Increased
access toworkplace
WASH –
supply chain
Increased
investment inwater-related
R&D
Increased
proportion ofrevenue fromlow water
impactproducts orservices
Implementationof water-related
community
project
Supply chain
engagement
NonNo one is<Notmonetary entitled to these Applicable>
rewardincentives<Not Applicable>

No one is entitled tothese incentives.

W6.5(W6.5) Do you engage in activities that could either directly or indirectly influence public policy on water through any of the following?
Yes, direct engagement with policy makers

W6.5a

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(W6.5a) What processes do you have in place to ensure that all of your direct and indirect activities seeking to influence policy are consistent with your water
policy/water commitments?
Marubeni regularly exchanges views and shares information with METI on water infrastructure projects and other water-related issues. We also ensure that all Marubeni
employees and subsidiary employees are aware that all our activities, both direct and indirect, are consistent with our environmental policy, which includes water resources. In
addition, because we do business in a variety of business units and geographic locations, to ensure consistency in our policies, each sales division, corporate staff group, andbranch office has appointed a sustainability leader or manager to be responsible for promoting sustainability, and all division and regional personnel are trained insustainability, including our policies.
In FY 2019, we conducted a Sustainability Supply Chain Survey, surveying 200 subsidiaries regarding environmental, health and safety, and social aspects. This survey also
included water risks. In addition, we conduct a Sustainability Assessment Tool prior to entering or investing in new businesses. This survey checks for water stress,
wastewater management, and other water-related risks. In this way, Marubeni manages to ensure that water-related policies and strategies are consistent throughout theGroup. In the unlikely event that something differs from the policy, an on-site survey is conducted with an outside consultant to make improvements. If improvements are still
not made, Marubeni will withdraw from the project or transaction in question.

W6.6(W6.6) Did your organization include information about its response to water-related risks in its most recent mainstream financial report?
Yes (you may attach the report - this is optional)

W7. Business strategy

W7.1(W7.1) Are water-related issues integrated into any aspects of your long-term strategic business plan, and if so how?
Are water- Long- Please explain
relatedterm
issuestime
integrated? horizon(years)LongYes, water- 21-30
term
relatedbusiness issues are
objectives integrated

The Marubeni Group is actively engaged in resolving water-related issues in line with our basic sustainability goal, "For a Better Tomorrow. The Marubeni Group has identified
environmental pollution caused by wastewater, water shortages, and water infrastructure development as key water-related issues and has integrated water / environment-related
products and services into its business strategy. Increase of global sales of water / environment-related products and services of Marubeni Group will directly lead to theimprovement of the water environment. For example, Marubeni has a diversified business portfolio in the water business sector spanning from water supply & wastewater
treatment to BOT (Built, Operate, Transfer), EPC (Engineering, Procurement, Construction) and the operation & maintenance of water treatment plants in Asia, the Americas,
Europe, and the Middle East, and we are still developing our business. The seawater desalination project in Saudi Arabia, which we participated in 2019, is also designed tomaintain, operate, and sell water over a 25-year period with the business objective of developing long-term, stable water infrastructure. Anticipation of the growing demand forwater infrastructure and diversification of water issues due to the increase in the world’s population and ongoing urbanization, we will continue to strengthen our competitivenessand further develop our businesses with the goal of contributing to the achievement of sustainable society.

Strategy Yes, water- 21-30
forrelatedachieving issues are
long-term integrated
objectives

Marubeni Group is involved in a variety of projects in arid regions and in regions with scarce water sources around the world. Marubeni Group owns and operates 4 IWPP
(Independent Water and Power Producer) projects in UAE, helping to turn sea water into fresh water and to reduce stress on the region’s water resources. Marubeni Group also
operates water and wastewater concessions to build-own-operate (BOO) projects, engineering, procurement, and construction (EPC) projects, and operation, maintenance, andmanagement for water treatment facilities in Chile, Peru, Brazil, Philippines, Portugal, and in Qatar. Marubeni Group is strategically developing a variety of businesses and working
on solving water and environmental problems and integrating them into a long-term business, because the increase in sales of these projects is linked to improvement of water
environment around the world. By utilizing cultivated know-how of Marubeni Group through water businesses to date, Marubeni will continue to develop new businesses to solve
new water and environmental social problems, in addition to optimizing the business and stabilizing the profit base of existing projects. Many are long-term projects, lasting morethan 25 years, and always looking ahead to population growth and increasing demand for water supply. We continuously accumulate expertise on each project and develop
strategies to achieve our long-term goals, including project development and contingency planning.

Financialplanning

As financial plan to achieve the long-term business plan, we have set the following three plans. (1) Enhance existing businesses, (2) Pursue strategies in existing business areas,and (3) Pursue new business. From 2019 to 2021, we have invested a total of 810 billion yen in (1)-(3), including water-related businesses. In the next three years, we plan toinvest a total of 800-900 billion yen in (1) and (2) to strengthen our social infrastructure businesses and to enter the infrastructure fund business. In addition, the Marubeni Groupwill invest 100-200 billion yen in (3) to develop future earnings pillars. Through these investments, the Marubeni Group aims to maximize future basic cash flow and is committed tosolving all water-related issues and developing business opportunities.
Specific water-related investments include a new seawater desalination project in Saudi Arabia, in which we participated in 2019. We signed a loan agreement in 2019 to begin
construction of a seawater desalination plant. The loan is a project finance facility with six banks providing approximately 50 billion yen in co-financing. The plant has commenced
commercial operation in 2022. The plant will operate for the supply and sale of treated water for the next 25 years. Marubeni believes that in a market where the need for water
infrastructure is expanding due to population growth and urbanization, providing a stable supply of safe and reliable water will contribute to a sustainable society.

Yes, water- 21-30
relatedissues areintegrated

W7.2

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(W7.2) What is the trend in your organization’s water-related capital expenditure (CAPEX) and operating expenditure (OPEX) for the reporting year, and theanticipated trend for the next reporting year?
Row 1
Water-related CAPEX (+/- % change)-34
Anticipated forward trend for CAPEX (+/- % change)
46
Water-related OPEX (+/- % change)
86
Anticipated forward trend for OPEX (+/- % change)-43
Please explain
In FY2022, there was CPAEX for the expansion and improvement of major water plants and networks at subsidiaries, as well as the replacement and installation of new
water infrastructure and storage facilities, including pipes, pumps, tanks, and other key components.
Since wastewater treatment construction at a company with a large CAPEX amount was completed in FY2021, the Marubeni Group's overall CAPEX in FY2022 decreased
by about 34% compared to FY2021.
OPEX in FY2022 included expenses for water use, maintenance and repair of water-related facilities, and related management personnel costs.
Due to an increase in water-related expenses at some facilities as a result of increased production, Marubeni Group's overall OPEX in FY2022 was about 86% higher thanin FY2021.

W7.3(W7.3) Does your organization use scenario analysis to inform its business strategy?
Use of scenario analysis
Row 1

Comment

Yes

W7.3a(W7.3a) Provide details of the scenario analysis, what water-related outcomes were identified, and how they have influenced your organization’s businessstrategy.
Type of
Parameters, assumptions, analytical choices
scenario
analysis used

CDP

Description of possible water-related
outcomes

Influence on business strategy

Page 31 of 39

Type of
Parameters, assumptions, analytical choices
scenario
analysis used

Description of possible water-related
outcomes

Row Water-related The Marubeni Group is committed to conducting
The Marubeni Group operates globally and in
1
Climate-related scenario analysis and taking a strategic approach toa wide range of industries, and while climate
Socioeconomic climate-related opportunities and risks, including water. change will affect several of its businesses,
Land-use
scenario analysis has identified water-relatedchangeSince the Marubeni Group's business portfolio is
impacts, particularly in the North American
diversified and business risks/opportunities differ bygrain and agri-input business.
business, the target businesses for scenario analysis
For example, with respect to precipitation, thewere selected based on the business areas that are
analysis indicates that there will be moreconsidered to have a high financial impact of climate
areas of increase across North America as achange and the level of impact (asset size andwhole. In terms of water stress, the analysis
revenue size) on the Marubeni Group. The selectedshows that stress will be higher in westernbusinesses are as follows: power generation, energy
North America. Increased precipitation
resource interests (oil, gas, LNG), alternative energy,
increases the risk of more frequent flooding,coking coal interests, metal resource interests (iron ore, which could result in logistical disruptions andcopper), aircraft leasing, shipping, grains and Agriproduction shutdowns. High water stress may
inputs in North America, and forestry.
also increase the risk of grain crop failure.
For the time horizon, we set the short term as 0-1 year,
the medium term as 1-10 years to 2030, and the long
The Marubeni Group's North American grainterm as 10-30 years to 2050.
and agri-input business unit includes
Columbia Grain International (CGI) andThe Marubeni Group conducts scenario analysis in
Helena Agri-Enterprises, which are engaged
accordance with TCFD recommendations regarding the in the handling, storage, export and domestic
business environment under the current and transition marketing of North American grains. Since
scenarios and our response to business risks andboth Helena and CGI have sites in various
opportunities. From the perspective of objectively
regions of North America, a decline inassessing new business opportunities and business
distribution functions, production stoppages,
resilience in the event of major changes in theor a poor grain harvest could reduce demandbusiness environment, we conduct qualitative andfor their grain collection and agri-enterprises
quantitative analysis with reference to the following
businesses in the several states of Nothscenarios and others.
America. This could have a significant impact
Current scenario: IPCC RCP 8.5/4.5
on earnings.
Transition scenario: IPCC RCP 2.6/1.9
The sales of our North American grain and
The assumptions we used are in line with the scenario agri-input business unit for FY2022 is 1,494.5
referenced above. For example, IPCC RCP 8.5 used in billion yen. This represents approximately
the Current Scenario assumes a global average
16% of the Marubeni Group's total sales oftemperature increase to be +4.3°C, and an average
9,190.5 billion yen.
sea level rise to be 84 cm in the second half of the
21st century, based on the assumption that few
government GHG emission mitigation measures will be
implemented. The IPCC RCP 2.6 used in the transition
scenario assumes global average temperature increase
to be +1.6°C and average sea level rise to be 43 cm,
based on assumption that GHG emission mitigation
measures will be applied as soon as possible and GHG
emissions begin to decline after FY2020.

Influence on business strategy

The Marubeni Group conducts business activities globally and in a wide range ofsectors. Our performance and financial position may be adversely affected due to theemergence of physical risks associated with climate change, such as increases in theintensity of natural disasters, extreme weather, and rising average temperatures andsea levels.
Therefore, we are taking varied measures to mitigate risks in each of our sectors,
including the formulation of business continuity plans and disaster countermeasures,and the use of various types of insurance. Especially, for our North American grain
and Agri-input business, which is expected to be significantly affected by water-related
issues because of scenario analysis, we have announced in our GC2024 Plan that wewill expand the following measures over the next three years. First, to address the riskof grain crop failure due to changes in climate patterns, which could affect the
profitability of our grain handling and Agri-materials business, we will expand
agricultural support business through sales of Agri-input materials and providing
services that contribute to improving productivity. To address the risk of paralyzing
logistics functions due to extreme weather events, we will comprehensively manage
risks by geographically diversifying and expanding the procurement and sales
network, and diversifying production areas and crops.

Through scenario analysis, we confirm changes inparameters such as demand for oil, natural gas,hydrogen, and bioenergy, grain demand, arable landarea, distance travelled by air and ship, and forest
area, over the scenario time frame, to recognize ourbusiness environment, and to examine our response to
future business risks / opportunities and our businessstrategy.

W7.4(W7.4) Does your company use an internal price on water?
Row 1
Does your company use an internal price on water?
No, but we are currently exploring water valuation practices
Please explain
Marubeni is investigating practical measures under our materiality for standardized mechanism to be established.

W7.5

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(W7.5) Do you classify any of your current products and/or services as low water impact?
Products
Definition used to classify low water impact
and/orservicesclassified as
low water
impactRow Yes1

Primary reason for not Please explainclassifying any of yourcurrent products and/or
services as low water
impactFor many years, we have been selling WET BLUE, an intermediate processed leather product (*1). Leather processing has a<Not Applicable>high environmental impact in the tanning process, and we recognize the importance of preventing pollution by wastewater.
We purchase WET BLUE from suppliers (LWG tanneries) that have passed strict auditing standards for wastewater treatment
and have implemented measures to minimize environmental impact.
LWG tanneries are required to comply with strict effluent standards based on the effluent treatment protocols set by LWG, which
we define as products that have less water impact compared to conventional products.
(*1) Raw hides in a chrome-tanned state.

We sell WET BLUE, anintermediately processed leather
product purchased from LWG
tanneries, as a product that is lessaffected by water.
See above for details.

Specifically, LWG tanneries are required to comply with wastewater treatment protocols, which require clarification of the typeand source of wastewater and the wastewater treatment process.
And compliance with legal standards for 24 designated pollutants (Chemical Oxygen Demand, Biological Oxygen Demand,
Ammonia Nitrogen, Chromium Ⅵ, etc.) is required. For each pollutant, compliance with hourly, daily, weekly, monthly, andannual pollutant emission allowances is required. In addition, actual measurements and averages of the measurements must berecorded and noted. A threshold is set for the amount of pollutants discharged, and each supplier monitors its effluent against
this threshold.

W8. Targets

W8.1(W8.1) Do you have any water-related targets?
Yes

W8.1a
(W8.1a) Indicate whether you have targets relating to water pollution, water withdrawals, WASH, or other water-related categories.
Target set in this category

Please explain

Water pollution

Yes<Not Applicable>

Water withdrawals

Yes<Not Applicable>

Water, Sanitation, and Hygiene(WASH) services

No, but we plan to within the next
two years

Although we have not established quantitative targets for WASH, we recognize the importance of such targets and are considering
setting them.

Other

No, but we plan to within the next
two years

Although we have not established quantitative targets for other water-related categories, we recognize the importance of such targets
and are considering setting them.

W8.1b

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(W8.1b) Provide details of your water-related targets and the progress made.
Target reference number
Target 1
Category of target
Water withdrawals
Target coverage
Site/facility
Quantitative metric
Reduction of water withdrawals from municipal supply or other third party sourcesYear target was set
2021
Base year
2015
Base year figure
88079
Target year
2025
Target year figure
44040
Reporting year figure38512% of target achieved relative to base year
112.552510274984
Target status in reporting year
Achieved
Please explain
As of the end of FY2022, Marubeni Tokyo Branch has achieved a cumulative 56% reduction in water consumption compared to the standard value at the end of FY2015.
The rate of achievement of the target is over 100%. We will continue our efforts to further reduce water consumption.
Target reference number
Target 2
Category of target
Water pollution
Target coverage
Site/facility
Quantitative metric
Increase in water use met through recycling/reuseYear target was set
2023
Base year
2023
Base year figure21752204
Target year
2025
Target year figure
23402204
Reporting year figure21752204% of target achieved relative to base year
0
Target status in reporting year
New
Please explain
The plant, which manufactures containerboard base paper in Vietnam, is committed to thorough wastewater treatment, having built its own facilities capable of treating
11,000 tons per day before discharging it into wastewater treatment facilities in the industrial park.
The plant has been recycling water since it began operations, and by installing a new water treatment facility for recycling, it aims to increase the amount of water usedthrough recycling by up to 5,000 m3/day (1,825,000 m3/year) from the base year figure.

W9. Verification

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W9.1(W9.1) Do you verify any other water information reported in your CDP disclosure (not already covered by W5.1a)?
Yes

W9.1a
(W9.1a) Which data points within your CDP disclosure have been verified, and which standards were used?
Disclosure
moduleData verified

Verification
standard

W1 Current
state

The amount of water withdrawals of W1.2 was ISAE 3000
verified by a third party.

Please explain
To reduce the environmental impact and improve transparency of information, the amount of water withdrawals of Marubeni andconsolidated subsidiary companies is annually verified by the third party.

W10. Plastics

W10.1(W10.1) Have you mapped where in your value chain plastics are used and/or produced?
Plastics
mapping
Row Yes1

Value chain Please explain
stage
Supplychain

The following is a mapping of plastics-related transactions in the value chain of our business, based on the volume of plastic raw materials handled and the impact of plastic marine
pollution.
In the upstream supply chain, we handle commodity resins that are used as raw materials for plastic products. This business consists of domestic trade in Japan as well as third
country transactions, and the trade volume in FY2022 was as follows (unit: MT).
・PP: 90,000
・PE: 120,000
・ABS: 5,000
・PET: 40,000
・PVC: 360,000
・PP/PE (third-country trade): 250,000
In the downstream supply chain, we have the following transactions.
・Marubeni trades in apparel and footwear, and in general the majority of these products are made from petroleum-derived raw materials.
・Marubeni uses plastic packaging materials mainly in the sale of food products in Japan. The amount of plastic used in the main part of this business was approximately 762 tons
in FY2021 (based on the Containers and Packaging Recycling Law).

W10.2(W10.2) Across your value chain, have you assessed the potential environmental and human health impacts of your use and/or production of plastics?
ImpactValueassessment chain
stage
Row Yes1

Supplychain

Please explain

In consideration of the potential negative impacts of the use and production of plastics in our value chain on the environment and human health, we are following the procedures
listed below, especially in relation to the handling of commodity resins used as raw materials for plastic products.
・In the sale of plastics used for food-related applications, we sell only products that have been certified according to the positive list of the Japan Chemical Innovation andInspection Institute (JCII).
・In the sale of PVC to third countries, for European customers who request RoHS/SVHC/Bisphenol-A certificates, we first obtain the relevant documents from the manufacturers.
・In the domestic PVC transactions in Japan, we sometimes receive requests related to the Act on the Regulation of Manufacture and Evaluation of Chemical Substances andchemSHERPA, in which case we obtain responses from the relevant manufacturers before concluding the sale.

W10.3

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(W10.3) Across your value chain, are you exposed to plastics-related risks with the potential to have a substantive financial or strategic impact on your business?
If so, provide details.
Risk
Value Type of
exposure chain riskstage
Row Yes1

Please explain

Supply Regulatory Marubeni group conducts business across a wide range of areas, and being aware of various risks associated with plastics, such as regulatory and reputational risks, we arechain Reputational interested in resolving the social and environmental issues which stem from these risks.
Technology
・In the field of clothing textiles, Marubeni has invested in Circ, Inc., a U.S. company with technology for recycling fabrics and other textile products into textile raw materials.
Circ's technology recycles cotton and polyester products into polyester and cellulose raw materials using hydrolysis techniques that minimize the use of chemicals, thereby
reducing the environmental impact. With its high recycling efficiency rate, Circ's technology also contributes to waste reduction and the circular economy.
・Marubeni is working to promote the use of edish, a recyclable tableware product that does not use plastic. Edish uses a unique technology to upcycle food waste materials
such as vegetable peel, for which until there has been little use, into tableware, and also aims to upcycle them a second time by composting the edish collected after use tonourish the soil, and returning them as vegetables and flowers which can be consumed again.
・Marubeni Plax Corporation (a wholly owned subsidiary of Marubeni) has developed food containers made from molded pulp using mainly paper materials and reducing theuse of plastic (60% less plastic per container). The company is expanding the product lineup of these containers, which can be used for boxed lunches and side dishes and is
stepping up sales promotion activities.

W10.4(W10.4) Do you have plastics-related targets, and if so what type?
Targets Target Target metric
in
type
place
Row Yes1

Plastic Reduce the total
goods weight of virgin
content in plastic
goods

Please explain

The Marubeni Group's plastic-related targets are as follows:
・We are working to promote the use of edish, a plastic-free recyclable tableware (for details, please refer to our response to W10.3), and by expanding sales ofrecyclable food containers and other items (cups, straws, cutlery) as an alternative to using plastics (PE, PP, PS, PET etc.), we aim to reduce the use of plastic by 5,470
tons by 2030.
・Marubeni Plax Corporation (wholly owned subsidiary) has developed food containers made of molded pulp to replace plastic. The company offers a lineup of containersthat can be used for lunchboxes, prepared foods, salads, etc., and sells them mainly to supermarkets, convenience stores and other retailers. The use of molded pulp
can reduce the amount of plastic used by about 60%. The company aims to increase sales of molded pulp containers and reduce plastic use by 4,000 tons by 2030.
・Marubeni, Marubeni Plax Corporation and Marubeni Forest Links Corporation (both wholly owned subsidiaries) are promoting the "Bottle to Bottle Project" incooperation with AEON Corporation and AEON TOPVALU Corporation. In this project, PET bottles collected at AEON stores are turned into recycled PET resin throughclosed recycling, and then used in TOPVALU products. The project aims to achieve horizontal recycling of PET bottles collected from all AEON stores by 2030.

W10.5(W10.5) Indicate whether your organization engages in the following activities.
Activity applies
Production of plastic polymers

No

Production of durable plastic components

Yes

Production / commercialization of durable plastic goods (including mixed materials)

Yes

Production / commercialization of plastic packaging

Yes

Production of goods packaged in plastics

Yes

Provision / commercialization of services or goods that use plastic packaging (e.g., retail and food services)

Yes

Comment

W10.7

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(W10.7) Provide the total weight of plastic durable goods/components sold and indicate the raw material content.
Row 1
Total weight of plastic durable goods/components sold during the reporting year (Metric tonnes)
22100
Raw material content percentages available to report% virgin fossil-based content% virgin fossil-based content
100% virgin renewable content<Not Applicable>% post-industrial recycled content<Not Applicable>% post-consumer recycled content<Not Applicable>
Please explain
・The durable plastics handled by Marubeni are mainly PP and ABS, which are used as raw materials for automotive parts, and raw materials for nylon films. To reducethese, we are working on the production of super engineering plastics, made in part from factory offcuts collected from super engineering plastic manufacturers. We processthese into compounds under an outsourcing arrangement and sell them to our customers. We will continue to expand such initiatives.
・Marubeni trades in textile apparel products (which generally contain a large amount of petroleum-derived raw materials). To reduce textile waste, we have invested in
Circ, Inc. in the U.S., which has textile recycling technology (to recycle cotton and polyester into cellulose and polyester raw materials). Circ is working to build a businessmodel that realizes a circular economy, whereby offcuts from sewing factories and used clothing worn by consumers are collected and recycled into raw materials.

W10.8(W10.8) Provide the total weight of plastic packaging sold and/or used, and indicate the raw material content.
Total weight ofplastic
packaging sold /used during thereporting year
(Metric tonnes)

Raw%% virgin% post- % postPlease explainmaterial
virgin renewable industrial consumer
content
fossil- content
recycled recycled
percentages based
content content
available to content
report

Plastic
packagingsold% virginfossil-based
content

71

<Not
<Not
<Not
The amount of plastic packaging materials generated in FY2021 by major Marubeni Group companies that sell/use
Applicable Applicabl Applicable plastic packaging materials (based on the Containers and Packaging Recycling Law) was approximately 762 tons. The>e>>main raw materials for these packaging materials are petroleum-derived virgin materials (approximately 70%) andrenewable-based virgin materials (approximately 30%). These are mainly used in food packaging for general consumers.
The recycling of this plastic packaging in accordance with the Containers and Packaging Recycling Law is entrusted to
the Japan Containers and Packaging Recycling Association.

Plastic
762
packagingused% virgin
renewable
content<Not
29
Applica
ble>

<Not
<Not
Applicabl Applicablee>>

W10.8a(W10.8a) Indicate the circularity potential of the plastic packaging you sold and/or used.
Percentages % of
% of
% of plastic Please explain
available to plastic
plastic
packagingreport for
packaging packaging that is
circularitythat isthat isrecyclable inpotential
reusable technically practice atrecyclable scale
Plastic
Please select <Not<Not
packaging
Applicable Applicable
sold
>
>

<Not
Applicable>

Plastic% reusable
packaging
used

<Not
Applicable>

100

<Not
Applicable>

The amount of plastic packaging materials generated in FY2021 by major Marubeni Group companies that sell/use plastic packaging materials(based on the Containers and Packaging Recycling Law) was approximately 762 tons. The main raw materials for these packaging materials arepetroleum-derived virgin materials (approximately 70%) and renewable-based virgin materials (approximately 30%). These are mainly used in foodpackaging for general consumers. The recycling of this plastic packaging in accordance with the Containers and Packaging Recycling Law is
entrusted to the Japan Containers and Packaging Recycling Association.

W11. Sign off

W-FI(W-FI) Use this field to provide any additional information or context that you feel is relevant to your organization's response. Please note that this field is optional
and is not scored.

CDP

Page 37 of 39

W11.1(W11.1) Provide details for the person that has signed off (approved) your CDP water response.

Row 1

Job title

Corresponding job category

Chief Financial Officer

Chief Financial Officer (CFO)

SW. Supply chain module

SW0.1(SW0.1) What is your organization’s annual revenue for the reporting period?
Annual revenue
Row 1

9190472000000

SW1.1(SW1.1) Could any of your facilities reported in W5.1 have an impact on a requesting CDP supply chain member?
No, CDP supply chain members do not buy goods or services from facilities listed in W5.1

SW1.2
(SW1.2) Are you able to provide geolocation data for your facilities?
Are you able to provide geolocation data for your facilities?
Row 1

Comment

No, this is confidential data

SW2.1
(SW2.1) Please propose any mutually beneficial water-related projects you could collaborate on with specific CDP supply chain members.

SW2.2(SW2.2) Have any water projects been implemented due to CDP supply chain member engagement?
No

SW3.1
(SW3.1) Provide any available water intensity values for your organization’s products or services.

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