Mitsubishi Corporation has said that it regards achieving a decarbonised society as a ‘critical corporate priority’, as it seeks to halve its emissions by 2030 and achieve net zero by 2050.
The Japanese firm made the call in its latest Sustainability Report, which was published at the end of March.
As well as its own operations, Mitsubishi will contribute to societal decarbonisation through avoiding emissions in external investments, via a programme valued at approximately 1.2 trillion yen under its current midterm strategy.
Renewable energy
Mitsubishi is expanding its renewable energy business both in Japan and overseas in line with its decarbonisation goals, with renewable energy generation standing at 4.1 GW as of September 2025, including projects under construction.
In Europe, it is advancing its efforts through its involvement with Eneco, a Dutch integrated energy company, which has operations in the Netherlands, Belgium, and Germany. Eneco manages approximately 2.8 GW of renewable energy assets (as of March 2025), and is aiming to achieve carbon neutrality by 2035.
Mitsubishi said that it is aiming to ‘contribute to a sustainable society by achieving triple-value growth-economic, societal, and environmental-through leveraging Eneco’s technology and expertise to accelerate renewable energy development within and beyond Europe’.
It is also investing in next-generation energy supply chains, including the practical implementation of hydrogen and its derivatives, as well as promoting the introduction of sustainable aviation fuel in the aviation sector.
Elsewhere, Mitsubishi is also pursuing new acquisitions and ramping up existing efforts in the sourcing of materials such as copper, lithium, and nickel – essential minerals for renewable energy and battery technologies.
On carbon capture, utilisation, and storage, meanwhile, Mitsubishi regards this as playing a ‘critical role’ in achieving its targets, as well as representing a ‘significant business opportunity’ to leverage its collective capabilities across a diverse range of industries.
It said that it is currently undertaking feasibility studies for overseas carbon capture projects, while establishing internal structures to coordinate CCUS development across business segments.
Business environment
“In recent years, the business environment has evolved at an unprecedented pace,” commented Katsuya Nakanishi, president and chief executive, Mitsubishi Corporation. “The global community is facing rising geopolitical tensions, instability in energy supply, and rapid advancements in critical technologies such as AI and next-generation semiconductors.
“Rather than perceiving these changes as risks, we view them as opportunities. At Mitsubishi Corporation, we remain attuned to society’s expectations and through collaboration with our stakeholders, address a wide range of societal challenges, including transitioning to a decarbonised society, conserving and restoring natural capital, and respecting human rights and diversity. Through these efforts, we aim to simultaneously generate economic, societal, and environmental value.” Read more here.
