Mitsui OSK Lines Ltd 2022 IR
The report outlines Mitsui O.S.K. Lines' (MOL) transition into a social infrastructure group centered on marine transport. In fiscal 2021, the company achieved record profits, posting an ordinary profit of 721.7 billion yen, driven by strong performance in the containership business and structural reforms. MOL launched the MOL Sustainability Plan in April 2022, establishing concrete KPIs for its five Sustainability Issues. The company accelerated its environmental investments, committing 530 billion yen between fiscal 2022 and 2024 to support its goal of net-zero greenhouse gas emissions by 2050. Key initiatives include expanding low- and zero-emission energy businesses, such as offshore wind power, and introducing vessels that use alternative fuels like LNG and ammonia.
Company: Mitsui OSK Lines Ltd
Sector: Transport & logistics
Country: Japan
Year: 2022
Type: IR
Pages: 43
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Mitsui OSK Lines Ltd
Corporate Report
The report outlines Mitsui O.S.K. Lines' (MOL) transition into a social infrastructure group centered on marine transport. In fiscal 2021, the company achieved record profits, posting an ordinary profit of 721.7 billion yen, driven by strong performance in the containership business and structural reforms. MOL launched the MOL Sustainability Plan in April 2022, establishing concrete KPIs for its five Sustainability Issues. The company accelerated its environmental investments, committing 530 billion yen between fiscal 2022 and 2024 to support its goal of net-zero greenhouse gas emissions by 2050. Key initiatives include expanding low- and zero-emission energy businesses, such as offshore wind power, and introducing vessels that use alternative fuels like LNG and ammonia.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2021
Published
Aug 1, 2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Net Zero Target
Employees