CONTENTS
Contents

1

Editorial Policy

2

Environment
Environmental Management

Executive Summary
Our Initiatives for Sustainability in thefiscal year ended March 31, 2022
Sustainability for the Marubeni Group

4

The Long-Term Vision on Climate Change

5

Contributions to Measures Addressing Climate Change

6

Initiatives for Coal-fired Power Generation Business

742

Climate Change

52

Sustainable Forestry 63Conservation of Biodiversity and Habitats

70

Water Management

73

Environmental Data

80

SocialRespect for Human Rights

90

Occupational Health and Safety

95

Health and Productivity Management

101

Responsibility to Customers110HR Management

114

Initiatives to Expand the Volume of Carbon
Stocks and Create Negative Emissions in Forestry Business

8Medium-Term Management
Strategy GC2024 “Green Strategy”

9Initiatives for Respecting Human Rights

10

Diversity Management

121

Initiatives for Supply Chain Management

11Social Data

130

Human Capital

13

Promotion of the Further Progression of the Marubeni
HR Ecosystem

14

Corporate Governance

15

Supply Chain

Our Views on Sustainability
Our Views on Sustainability

19

Organization

20

Assessment of Sustainability Risk

21

Engagement with Stakeholders25

Participation in International Initiatives

26

Policy137

Group-wide Initiatives

139

Sustainability Surveys to Suppliers

142

Initiatives for Individual Commodities

145

Governance
Appendix

I

Corporate Governance Report

Basic Views on Corporate Governance, Capital Structure,
Corporate Profile and Other Basic Information

Materiality for Marubeni Group

II Business Management Organization and Other Corporate
Governance Systems regarding Decision-making,The Idea of Materiality for Marubeni Group

36

Fundamental Materiality

37

Environmental & Social Materiality

38

Identification and Review Process of Materiality

40

Execution of Business, and Oversight in Management
III Implementation of Measures for Shareholders andOther Stakeholders
IV Matters Related to the Internal Control System
V OtherMarubeni Corporation
Sustainable Development Report 2022

1

External Recognition

193

Green Bond196

ESG Content Index

197

List of Relevant Website Information
Provides contents of the Sustainable Development Report 2022 and relevant information to supplement the Sustainable Development Report.

Sustainability

To Investors

https://marubeni.disclosure.site/en/

https://www.marubeni.com/en/ir/

Main Contents

Main Contents〉
Our Views on Sustainability〉
Earnings Releases & FinancialInformation〉
Environment〉
Stock Information〉
Social〉
IR Library〉
Governance〉
IR Meeting on Financial Results〉
IR Meeting on Business Operation〉
Annual General Meeting ofShareholders

Our Business

Our Company

https://www.marubeni.com/en/business/

https://www.marubeni.com/en/company/
Main Contents〉
Marubeni Management Philosophy〉
Vision for the Marubeni of the Future〉
Medium-Term Management Strategy〉
Organization〉
Major Group Companies〉
Our History

Editorial Policy
Sustainable Development Report 2022 summarizes information pertaining to each ESG item that we disclose on our Sustainability Website andin the Integrated Report, etc. Our views on sustainability and related policies and initiatives that appear in this report were first considered anddiscussed by the Sustainability Management Committee and have been reported to and adopted with the approval of the Board of Directors.
We will continue to improve the report to serve as a tool for communicating with stakeholders and gaining the trust of greater society.

Disclaimer Regarding Forward-Looking
Statements and Original Language

Reporting Period
The information covered in this report is primarily from FYE
3/2021 (April 1, 2020 to March 31, 2021). Parts of the report alsoThis report contains forward-looking statements about thecover policies and initiatives from before and after the reporting

future performance, events or management plans of Marubeniperiod. Please refer to our website for the latest information.

Corporation and its Group companies (the Company) based on
the available information, certain assumptions and expectations
at the point of disclosure, of which many are beyond theReporting Scope

Company’s control. These are subject to a number of risks,uncertainties and factors, including, but not limited to, economic

The scope of this report covers Marubeni Corporation and its

and financial conditions, factors that may affect the level ofconsolidated subsidiaries.

demand and financial performance of the major industries andcustomers we serve, interest rates and currency fluctuations,availability and cost of funding, fluctuations in commodity andGuidelines Referenced

materials prices, political turmoil in certain countries andregions, litigation claims, changes in laws, regulations and tax

SDGs (Sustainable Development Goals)

rules, and other factors. Actual results, performances andGRI Sustainability Reporting Standards (GRI Standards)

achievements may differ materially from those describedValue Reporting Foundation (VRF) International Integrated

explicitly or implicitly in the relevant forward-looking statements.

●●
●

Reporting Framework

The Company has no responsibility for any possible

Latest report from the Recommendations of the Task Force ondamages arising from the use of information in this report, nor

Climate-related Financial Disclosure (TCFD)

does the Company have any obligation to update these●

statements, information, future events or otherwise.
This report is an English language translation of thePublication Datematerials originally written in Japanese. In case of discrepancies,
the Japanese version is authoritative and universally valid.

July 2022 (English version)
Marubeni CorporationSustainable Development Report 20222