Sustainability analysis for Mitsubishi Logistics

Authors

  • Aomiao Dong RMIT University

DOI:

https://doi.org/10.1956/jge.v19i3.698

Keywords:

Sustainability

Abstract

This report analyses Mitsubishi Logistics’ sustainability performance in accordance with the Global Reporting Standards (GRI). The study gives an overview of their sustainability strategy and its implementation across various sustainability dimensions such as Environment and Social.

Although they do lack in regard to reporting their performance across various indicators in the GRI standards, Mitsubishi Logistics has achieved tremendous progress in reducing their carbon emissions through the implementation of different energy- efficient measures and use of renewable energy sources in terms of environmental sustainability. In terms of social sustainability, they have shown commitment to encouraging diversity and inclusion in the workplace, as well as ensuring the health and safety of its employees.

Overall, according to the report, Mitsubishi Logistics has achieved significant progress in improving its sustainability performance across multiple aspects. However, there is still ton of room for development, particularly in categories such as water, biodiversity conservation, product responsibility and other areas.

References

Du S, Bhattacharya C B and Sen S (2010),’Maximizing business returns to corporate social responsibility (CSR): The role of CSR communication’, International journal of management reviews, 12(1): 8-19. doi: 10.1111/j.1468-2370.2009.00276.x

Gao, Yongqiang(2011).’CSR in an emerging country: a content analysis of CSR reports of listed companies’, Baltic Journal of management.

Ip, P.K. (2008), ’Corporate social responsibility and crony capitalism in Taiwan’, Journal of Business Ethics, Vol. 79 Nos 1/2, pp. 167-77. DOI: 10.1007/s10551-007-9385-5.

Jadhav, A., Rahman, S., & Ahsan, K. (2022). ’Sustainability practices disclosure of top logistics firms in Australia’. The International Journal of Logistics Management, 33(5), 244–277. https://doi.org/10.1108/IJLM-09-2021-0452

MarketScreen 2022, Equities of Mitsubishi Logistics Corporation, MarketScreen, viewed 3 May 2023, < https://www.marketscreener.com/quote/stock/MITSUBISHI-LOGISTICS-CORP-6491914/financials/>

Mitsubishi Logistics Integrated report 2022, viewed 3 May 2023, < https://www.mitsubishi-logistics.co.jp/english/esg_sdgs/pdf/csr2022e.pdf>

Mitsubishi Logistics’ Environmental Policies, viewed 5 May 2023,

https://www.mitsubishi-logistics.co.jp/english/esg_sdgs/environment/environment_policy.html>

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Published

08.10.2023

How to Cite

Dong, A. (2023) “Sustainability analysis for Mitsubishi Logistics”, Journal of Global Economy, 19(3), pp. 201–222. doi: 10.1956/jge.v19i3.698.

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