MOL Issues Environmental and Social Report 2011 Press Release

News Release Mitsui O.S.K. Lines, Ltd. (Head Office) September 19, 2011

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TOKYO—Mitsui
O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) today announced the publication
of the English version of its Environmental and Social Report
2011.
 
The report introduces MOL's approach to corporate social
responsibility (CSR), its philosophy on the environment and its latest
initiatives for stakeholders.
 
More than a year has passed since launch of the midterm management
plan, “GEAR UP! MOL”, based on the main theme “Challenge to Create New Growth.”
Newly setting the CSR policy “Pursuing CSR activities that benefit both the
company and society” under the “GEAR UP! MOL”, the company expresses its
commitment to becoming a sustainably growing company through various CSR
initiatives closely linked to business strategies.
 
This year’s report features the company’s main initiatives centering
on three overall strategies of “GEAR UP! MOL.” The section titled “Acceleration
of Business Development in Growing Markets” explains how MOL has responded to
the economic and social needs of emerging markets from the aspects of business
activities and CSR.
 
In the section on “Enhancing Safe Operation,” the report explains
measures MOL has taken to upgrade safe operation, which is a fundamental social
commitment, to the level that makes it the “company of choice” and enhance the
visibility of its safety initiatives.
 
The “Environmental Strategy” section discusses how MOL has promoted
the next-generation vessel concept Senpaku ISHIN based on its road map to
reduce the environmental impact of its operations. 
 
And in response to readers’ requests, the report provides an in-depth
examination of MOL’s business, a look at the duties and onboard life of
seafarers, and a question-and-answer section. It also introduces MOL’s response
to the Great East Japan Earthquake.
 
The MOL Group Corporate Principles state: "As a multi-modal transport
group,we will actively seize opportunities that contribute to global
economic growth and development by meeting and responding to our customers'
needs and to this new era,” and “promoting an open and visible management style
that is guided by the highest ethical and social standards." The principles also
pledge to "promote and protect our environment by maintaining strict, safe
operation and navigation standards." 
 
Through those efforts, the MOL Group will strive to grow continuously
and synergistically with society.
 
The
report is also available online at: <A
href="redir.aspx?C=3a62cdd4b11b48b38ea88af1c7dabf31&URL=http%3a%2f%2fwww.mol.co.jp%2fcsr-e%2freport%2fdownload%2findex.html"
target=_blank>http://www.mol.co.jp/csr-e/report/download/index.html</A>
 
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