Objectives of CSR Activities
The MOL Group has various stakeholders around the world since it is developing business on a global scale centered on its core business of shipping. CSR is concerned not only with economic impact, but also conducting business management that adequately takes into account laws and regulations, social norms, safety and environmental issues, human rights and other considerations. We believe we can develop with society sustainably while earning support and trust by contributing to all the Group's stakeholders.
The MOL Group Corporate Principles state that the Group will contribute to the development of society as a multi-modal transport group. Putting these principles into practice is the foundation of the MOL Group's CSR. By engaging in CSR through business activities, we aim to increase our corporate value as a group as well as to help realize society's sustainable growth by contributing to efforts to solve social issues. One example is combating global warming by reducing environmental impact.
Organizational Framework for CSR Initiatives
In implementing CSR activities, MOL deliberates on CSR-related policies and measures, primarily through the three committees under the Executive Committee. Activities related to CSR of the entire MOL Group are discussed by the CSR and Environment Committee. This committee works to promote CSR throughout the MOL Group by setting and regularly reviewing annual targets for initiatives related to compliance, corporate governance, risk management, accountability, safe operation, human rights, care for employees and seafarers, social contributions and the environment. The CSR and Environment Office in the Corporate Planning Division administers the committee and promotes CSR. The Operational Safety Committee studies and discusses basic policies and measures for ensuring safe operation of MOL- and MOL Group-operated vessels.
Meanwhile, the Compliance Committee discusses the enhancement of the compliance system and actions for dealing with compliance violations, as well as basic policies and measures related to establishing a structure for protecting and managing personal information.