|
|
|
|
|
|
| - Presenting MHI Group's path to sustainable growth by providing solutions to social challenges - |
TOKYO, Nov 26, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) today published the MHI Report 2021. This year's report focuses on the growing interest in environmental, social, and governance (ESG) factors and modern society's questioning of the current state of capitalism, presenting MHI Group's management philosophy and information on specific corporate activities based on these factors.
The report begins with a dialogue between the MHI Group chairman and Takahiro Nakajima, noted philosopher and professor at the Institute for Advanced Studies on Asia, the University of Tokyo, who share their thoughts on corporate management and governance in the new era. The President's Message explains MHI Group's path to value creation, focusing on the significance of MHI Group, and the concept for the Medium-term Business Plan (2021 Business Plan) created by backcasting from the MHI Group Vision for 2030.
For the 2021 Business Plan, the Chief Strategy Officer (CSO) describes the specific strategies for "developing high growth businesses," one of the plan's two main themes. The other theme of "regain and strengthen profitability" is examined through a conversation on business portfolio management between the Chief Financial Officer (CFO) and Shoichi Tsumuraya, professor at Hitotsubashi University.
The report also contains an overview of MHI Group's initiatives for sustainability, including company-wide targets and specific processes for the core issues (materiality) specified in 2020. A special feature presents MHI Group's basic approach to measures for "energy transition," one of the priority growth areas in the plan, including decarbonization of existing infrastructure, and establishing ecosystems for hydrogen and carbon dioxide. Further, the report shows the measures being pursued by each business, formulated based on the current situation determined using a SWOT analysis*.
The latter half of the report contains an explanation from the Chief Technology Officer (CTO) on efforts to strengthen core technologies, including specific examples of measures to realize innovation, while the Human Resources (HR) director provides an overview of measures to strengthen the personnel foundation-the source of MHI Group's competitiveness-including measures that allow employees to work autonomously. The report also includes details of measures to ensure the effectiveness of corporate governance, including a new skill matrix of directors.
MHI Group, by issuing this report with a careful balance of financial and non-financial information, is demonstrating its stance toward protecting the global environment and its business direction to meet the current era, as well as providing clear communication to shareholders, investors, and a broad range of stakeholders.
*A SWOT Analysis is a technique for formulating management strategies by assessing the external and internal environment using a factor analysis with four categories (Strengths, Weaknesses, Opportunities, Threats), and determining how to optimally utilize management resources to adapt to changes in the business environment.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.
Topic: Press release summary
Source: Mitsubishi Heavy Industries, Ltd.
Sectors: Energy, Alternatives
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| Mitsubishi Heavy Industries, Ltd. |
| July 4, 2025 14:13 HKT/SGT |
|
MHIET Launches 450kW Gas Cogeneration System Capable of Hydrogen Co-Firing |
| July 2, 2025 10:30 HKT/SGT |
|
MHI Receives Order to Supply Four Circulating Water Pumps for Units 5 and 6 of Sanmen Nuclear Power Plant in China Under Collaboration with Dongfang Electric Machinery |
| July 1, 2025 21:40 HKT/SGT |
|
MHI Thermal Systems Begins Field Test of Jointly Developed "Surplus Renewable Energy Absorption and Release System" |
| June 30, 2025 19:30 HKT/SGT |
|
Approval in Principle (AiP) for World's First LCO2 / Methanol Carrier |
| June 30, 2025 18:00 HKT/SGT |
|
MHI-AC&R Receives Recommendation Award of JARAC's 42nd Excellent Energy Saving Equipment Awards |
| June 25, 2025 13:00 HKT/SGT |
|
MHI Receives Contract for Refurbishment of APM System at Singapore Changi Airport |
| June 17, 2025 16:10 HKT/SGT |
|
MHI Receives Order to Supply 5 Models of Pumps, a Total of 34 Units, for Sizewell C Unit 1 and 2 in the UK from Trillium Flow Technologies |
| June 4, 2025 13:10 HKT/SGT |
|
MHI Thermal Systems Receives A' Design Awards |
| May 27, 2025 08:49 HKT/SGT |
|
Ministry of Energy of Uzbekistan and MHI Sign MOU to Conduct Joint Study of Decarbonization Strategy for Uzbekistan |
| May 22, 2025 12:35 HKT/SGT |
|
MHI Conducts Flight Test for Hybrid-Type Medium-Sized UAV |
| More news >> |
 |
|
|
|
