Corporate Citizenship and Philanthropy

Transcription

1 Corporate Citizenship and Philanthropy -Three priorities in our group-wide corporate citizenship and philanthropy strategy- Priority 1 Marubeni s Worldwide Scholarship Funds Description of alignment between priority and business drivers <Basic Policy on Social Contribution Activities, 2.International Exchange> Marubeni engages in contribution activities for the international community, including personnel exchanges, with a focus on support through scholarships and donations overseas. To support young people s education and upbringing in emerging economies, Marubeni has set up scholarship funds, mainly in the ASEAN region. The first such scholarship program was launched in the Philippines in 1989 and followed by programs in Vietnam and Indonesia in 1994 and 1999, respectively. In 2006, Marubeni Corporation jointly established a scholarship program with Iguacu de Café Soluvel, a Group company based in Brazil. In the following year, Cambodian and Laotian programs were launched as part of the celebrations marking the 150 th anniversary of Marubeni Corporation. Business Benefit KPI Business Benefit KPI: Expand our business activities arising from the increased presence of the Marubeni brand locally Through these scholarship programs, Marubeni is fostering up-and coming human resources and contributing to the development of each country. At the same time, business opportunities arising from the increased presence of the Marubeni brand locally contribute to business expansion. Several examples of this can be found in Marubeni s participation into the water and wastewater services in metropolitan Manila in the Philippines, the signing of a long-term electricity sales contract for a geothermal power project in Indonesia, etc. Social / Environmental Benefit KPI Social / Environmental Benefit KPI: Ensure inclusive and equitable quality education and promote lifelong learning 1

2 opportunities for all - Ensure equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university - Substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship Priority1 Social /Environmental Benefit KPIs are based on the UN Sustainable Development Goals and Targets, Goal 4 and Target 4.3, 4.4. The organization and operation of each of these programs is tailored to respond to the host country s education system and other local conditions. To date, total contributions to overseas scholarship funds have amounted to 3.53million US dollars in 7 countries. Each year we provide support to meet the local communities needs, including scholarships for students from elementary through to We strive to continue to fulfill our responsibilities as a member of the university level and material assistance such as PCs and stationery. We strive to continue to fulfill our responsibilities as a member of the international community by providing financial assistance for education purposes. Marubeni Scholarship Foundation, Inc. (Philippines) Marubeni Educational Fund in Vietnam Yayasan Beasiswa Marubeni (Indonesia) Marubeni Cambodia Educational Foundation Marubeni Educational Foundation in Lao PDR Marubeni Myanmar Scholarship Program Marubeni-Café Iguacu Scholarship Fund (Brazil) Please see Marubeni website- "Overseas Scholarship Funds". Priority 2 Support for Victims of the Great Eastern Japan Earthquake Description of alignment between priority and business drivers <Basic Policy on Social Contribution Activities, 1.Social Welfare> Marubeni engages in a broad range of activities such as disaster relief, primarily through its support of the Marubeni Foundation, a social welfare corporation. 2

3 Through our support for areas struck by the Great Eastern Japan Earthquake, Marubeni is contributing to the recovery of the affected areas. Also, together with the comments and thoughts gathered from volunteering participants, we are making efforts to unearth business opportunities by conducting questionnaires regarding plans that utilize the function of sogo shosha in disaster stricken area recovery. 1: Monetary and Goods Donations: The Marubeni Group has made both monetary and goods donations to assist rescue and recovery work in the affected areas. Marubeni, its domestic branches and offices, local subsidiaries outside Japan and other member companies of the Marubeni Group have so far donated a total of 480 million yen. We also collected money from executives and employees as private donations, and donated million to the Japanese Red Cross Society. Also, the Marubeni Foundation subsidized social welfare organizations affected by the Great Eastern Japan Earthquake with a total of 500 million yen FY2011 and FY : Disaster Relief Volunteer Project: Since June 2011, as many as 852 Marubeni Group executives and employees conducted volunteer activities at disaster-stricken areas. 3: Support Activities of International Branches: Marubeni America Corporation, Marubeni Auto and Construction Machinery America, Inc. of the Marubeni Group, Marubeni Prague office and other overseas Branches also conducted support activities. Business Benefit KPI Business Benefit KPI: Expand our business activities arising from the increased presence of the Marubeni brand locally Through our support for areas struck by the Great Eastern Japan Earthquake, business opportunities arising from the increased presence of the Marubeni brand contribute to business expansion. Several examples of this can be found in Marubeni's participation into an experimental off shore floating wind farm project off the coast of Fukushima Prefecture and mega solar power plant project constructed on a rice field which was suffered salt damage caused by tsunami in 3

4 Iwanuma city in Miyagi Prefecture. These projects not only play an important role in the proliferation of eco-friendly renewable power but are also contributing to revitalization of the quake stricken Tohoku region and the reconstruction of its industries. Social / Environmental Benefit KPI: Social / Environmental Benefit KPI: Make cities and human settlements inclusive, safe, resilient and sustainable Substantially increase the number of cities and human settlements adopting and implementing integrated policies and plans towards inclusion, resource efficiency, mitigation and adaptation to climate change. Priority2 Social /Environmental Benefit KPIs are based on the UN Sustainable Development Goals and Targets, Goal 11 and Target 11.b. Marubeni Corporation s ( Marubeni ) wholly-owned subsidiary, Iwanuma Rinku Mega Solar Corporation, started commercial operation in Iwanuma-City,Miyagi Prefecture in May The power plant capacity is 28.3MW and is expected to produce approximately 29 million kwh per annum, corresponding to the annual electricity consumption of 8,000 ordinary houses making it the largest solar power plant in the Tohoku region. The generated power will be sold for over 20 years under Japan s renewable energy feed-in-tariff scheme. The project is part of a region-wide reconstruction designed to support Iwanuma City recover after the Great East Japan Earthquake and Tsunami in The project site suffered land subsidence and salt-damaged soil which rendered the land unsuitable for farming. As a result, Iwanuma City proposed a mega-solar project on the affected land in June 2012 and Marubeni was selected as the business operator. Priority 3 Marubeni America Corporation's company-wide Charitable Contributions Program ( CCP") Description of alignment between priority and business drivers <Basic Policy on Social Contribution Activities, 3.Community Contribution> 4

5 Marubeni supports development activities and clean-up activities in local communities, focusing on volunteer activities conducted by its executives and employees. Marubeni America Corporation ( MAC ), Marubeni s largest overseas subsidiary in the U.S., has established a company-wide Charitable Contributions Program ( CCP") in which MAC provides financial and other support to non-profit, tax-exempt organizations which are Eligible Organizations as defined in the CCP policy. As a part of CCP, MAC contributes to both local and business communities by supporting high impact organizations and initiatives that seek to build strong communities, prioritizing those that support Marubeni's core business and strategies and the local communities where Marubeni has a significant presence. One such example of MAC s activities in this area include donating and partnering with Opportunity Network ( OppNet ; a New York City organization that helps underprivileged, high potential high school and college students gain access to college and obtain a good, high quality education, as well as the supports and tools to start a rewarding career, including networking opportunities and exposure to professionals at major corporations. In FY2015, MAC donated and partnered with OppNet in the following ways: College Summer Series Workshop - July 20, 2015 International Business Round Table Event November 23, 2015 Mock Interview Workshop March 16, 2016 Please see Marubeni America Corporation website Corporate Social Responsibility (2)Business Benefit KPI Business Benefit KPI: Expand our business activities arising from the increased presence of the Marubeni brand locally Through such activities as those conducted in conjunction with OppNet, Marubeni, through MAC, promotes its brand and business activities to highly talented high school and college students at important stages of their lives, as well as to the 5

6 wider public. This helps to create a positive impression in the industry and/or public of not only the subsidiary but the Marubeni Group as a whole. In addition to giving local recognition to a subsidiary that is an integral part of its community, Marubeni, MAC, and its subsidiaries may employee these students after they graduate or even find that they become business partners in the future. Through such activities as those conducted in conjunction with OppNet, Marubeni also seeks to increase employee loyalty and motivation. Strong employee morale will assist Marubeni in achieving every aim it has set out in its three-year mid-term management plan Global Challenge 2018 which began in Mid-Term Management Plan GC2018 P.2 (3) Social / Environmental Benefit KPI Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all -Ensure equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university -Substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship Priority3 Social / Environmental Benefit KPIs are based on the UN Sustainable Development Goals and Targets, Goal 4 and Target 4.3, 4.4. There are many social and environmental benefits of MAC s CCP. Employee philanthropic efforts, such as the Employee Charitable Donation Matching Program, give back to local communities through monetary support, while the Community Action Project ( CAP ), enables MAC employees to receive one paid business day per year to perform voluntary service work, individually or within a group of employees, within their communities at an Eligible Organization of their choice. Examples of CAP activities include clean-ups and labor-intensive activities such 6

7 as farm work, volunteering at charities and charity events, and conducting repairing/renovation activities. In terms of partnering with OppNet, the main social benefits are providing students with the support and tools needed to start a rewarding career, including networking opportunities and exposure to professionals at major corporations. 7