abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

Cette page n’est pas disponible en Français et est affichée en English

Le contenu est également disponible dans les langues suivantes: English, 日本語

Réponse de l'entreprise

21 Fév 2022

Auteur:
Mitsubishi Corporation

Mitsubishi Corporation's response to CSOs' letter to investors

Mitsubishi Corporation(MC) believes that respect for human rights is fundamental to doing business globally. MC stipulates its respect for human rights in its Code of Conduct for Executives and Employees, Corporate Standards of Conduct and Social Charter. MC also supports international norms such as the International Bill of Human Rights (Universal Declaration of Human Rights and International Covenants on Human Rights), the UN Guiding Principles on Business and Human Rights, the core labor standards of the International Labour Organization (ILO), and the Voluntary Principles on Security and Human Rights. For more information, please see the Human Rights section of MC’s Sustainability Website.

We support the statement of theJapan Chamber of Commerce and Industry in Myanmar (JCCM), and we continue to be concerned over the current situation in Myanmar. We hope that the people of Myanmar will be able to return to a safe and peaceful life as quickly as possible.

We would like to provide our response to the concerns raised about our company’s business activities in Myanmar as follows. 

  • Yetagun Gas Field Project

① MC’s stance on the project

MC intends to withdraw from the Yetagun gas field project, in which it indirectly owns 1.93% of shares as a 10% shareholder of Nippon Oil Exploration (Myanmar) Limited (NOEM), and has already started discussions with other NOEM shareholders.

② Possibility of funds flowing to the military

Although Myanmar Oil and Gas Enterprise (MOGE), a state-owned company of Myanmar, holds a 20.5% share of the project, MC has confirmed that MOGE is not directly invested by Myanmar military 

  • Thilawa Special Economic Zone (SEZ) Development Project

① MC’s stance on the project

This project has been undertaken as one that contributes towards industrial promotion, economic development, and job creation in Myanmar. We will make a comprehensive decision on our policy going forward based on future developments.

② Possibility of funds flowing to the military

Thilawa SEZ is being developed and operated by Myanmar Japan Thilawa Development Ltd. (MJTD). The Myanmar government has a 10% share of MJTD, and Myanmar Thilawa SEZ Holdings Public Ltd. (MTSH), whose shareholders are private companies and individuals in Myanmar (no direct investment by the Myanmar military), has a 41% share of MJTD. Dividends from MJTD have been suspended since the military coup in Myanmar in 2021. 

  • Landmark Project (Yoma Central Project)

① MC’s stance on the project

Since the military coup in Myanmar, the construction of this project has been suspended. We will make a comprehensive decision on our policy going forward based on future developments.

② Possibility of funds flowing to the military

The land for this project is leased by Myanma Railways, a state-owned enterprise under the Ministry of Transport and Communications. However, payment of lease fees has been suspended after the military coup in Myanmar in 2021

Chronologie

Informations sur la confidentialité

Ce site utilise des cookies et d'autres technologies de stockage web. Vous pouvez définir vos choix en matière de confidentialité ci-dessous. Les changements prendront effet immédiatement.

Pour plus d'informations sur notre utilisation du stockage web, veuillez vous référer à notre Politique en matière d'utilisation des données et de cookies

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Cookie analytique

ON
OFF

Lorsque vous accédez à notre site Web, nous utilisons Google Analytics pour collecter des informations sur votre visite. Autoriser ce cookie nous permettra de comprendre en plus de détails sur votre parcours et d'améliorer la façon dont nous diffusons les informations. Toutes les informations analytiques sont anonymes et nous ne les utilisons pas pour vous identifier. Outre la possibilité que vous avez de refuser des cookies, vous pouvez installer le module pour la désactivation de Google Analytics.

Cookies promotionels

ON
OFF

Nous partageons des nouvelles et des mises à jour sur les entreprises et les droits de l'homme via des plateformes tierces, y compris les médias sociaux et les moteurs de recherche. Ces cookies nous aident à comprendre les performances de ces items.

Vos choix en matière de confidentialité pour ce site

Ce site utilise des cookies et d'autres technologies de stockage web pour améliorer votre expérience au-delà des fonctionnalités de base nécessaires.