Mitsubishi Corporation — Ethics Grade D+

Mitsubishi Corporation receives an overall ethics grade of D+ (39/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 50
• privacy: 80
• consumer: 45
• environment: 25
• humanRights: 40

Documented incidents (3)

• New Coal Plant Investment (high, 2021) — Faced intense pressure from global climate activists for its involvement in the Vung Ang 2 coal power plant in Vietnam, which was viewed as incompatible with the Paris Agreement.
• Quality Data Falsification (medium, 2022) — Multiple Mitsubishi subsidiaries admit to falsifying technical data for mechanical components sold to industrial and government clients over several years.
• Salmon Farm Ecocide Claims (medium, 2020) — Subsidiary Cermaq was accused of environmental mismanagement and endangering wild salmon populations in Canadian and Chilean waters through sea lice infestations and chemical use.

Documented good deeds

• Offshore Wind Expansion — Invested heavily in the development of major offshore wind farms in the Netherlands and Japan as part of a pivot to renewable energy.

Ethical alternatives

• Ørsted — World leader in offshore wind energy with a proven track record of divesting from all fossil fuel segments.