
Mitsui O.S.K. Lines, Ltd. (MOL) has made headlines by becoming the first Japanese shipping company to receive third-party certification from Nippon Kaiji Kyokai (ClassNK) for its human resources-related social data. This certification is a testament to the accuracy and reliability of the data collected by MOL and its group companies over the period from April 1, 2023, to March 31, 2024. It marks a significant step forward for the company’s investments in human capital and its commitment to transparent, ethical business practices.
ClassNK’s certification covers a comprehensive range of human resources data points, including the percentage of women in permanent employment and managerial positions, and the wage gap between male and female employees. Additionally, it examines the percentage of male employees taking childcare leave, both permanent and non-permanent. These metrics are crucial for assessing and promoting gender equality and work-life balance within the company.
The importance of this certification cannot be overstated, as companies are increasingly required to disclose non-financial information, such as environmental and social data, as part of their corporate ESG (Environmental, Social, and Governance) evaluations. Investors and stakeholders use this data to gauge a company’s potential for sustainable growth and ethical business practices. By achieving this certification, MOL has demonstrated its commitment to transparency and accountability in these areas.
MOL Group has articulated its human capital policy through the “MOL Group Human Capital Vision,” which is built on three foundational principles: Diversity, Equity & Inclusion, Mutually Empowered, and Highly Engaged. These principles guide the company’s approach to human resources, ensuring that social data is collected and utilized effectively to drive policies and initiatives that support these goals.
To comply with Japanese government regulations, MOL has identified key metrics for third-party certification, focusing on promoting women’s active engagement in professional life and balancing work and personal life. These include the percentage of women employees and managers, wage gaps between genders, and the status of male employees using childcare leave.
This certification is a clear indicator of MOL’s proactive approach to creating a diverse, equitable, and inclusive workplace. By ensuring that its human resources policies are backed by accurate and certified data, MOL is setting a benchmark for other companies in the industry.
For MOL, this achievement is not just a regulatory compliance milestone but a reinforcement of its strategic vision to foster an inclusive and empowering work environment. The company’s dedication to these values will undoubtedly continue to shape its policies and initiatives, driving sustainable growth and success in the maritime industry.