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MOL Recognized by CDP as Leader for Climate Change

Published Oct 17, 2014 11:46 AM by The Maritime Executive

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) announced today that MOL has been recognized as a leader for the depth and quality of climate change data it has disclosed to investors and the global marketplace through CDP*1 global environmental disclosure system for independent assessment. MOL achieved a position in CDP’s Japan 500 Climate Disclosure Leadership Index (CDLI) *2. At the same time, MOL has been award with a position on The A List: The CDP Climate Performance Leadership Index (CPLI) *3 2014 for its actions to reduce carbon emissions and mitigate the business risks of climate change. It is 15 companies out of Japan 500 that was recognized for both CDLI and CPLI.

Given the increasing demand for global environmental protection, MOL Group has been aware of the environmental impact of its business activities and regards the global warming countermeasures as an important management issue.MOL has set a new environmental activities policy and targets, proactively utilize technologies to reduce environmental impact and actively disclose environmental data in the new midterm management plan “STEER FOR 2020” for the three years starting in fiscal 2014. 

From this point, as a responsible corporate citizen, MOL will continue its aggressive stance in terms of protecting the global environment.

The products and services herein described in this press release are not endorsed by The Maritime Executive.