Mitsubishi Electric Corporation — Ethics Grade D
Mitsubishi Electric Corporation receives an overall ethics grade of D (30/100) on CancelCo's corporate accountability database. Sector: Consumer Goods. Market cap: Large Cap.
Category scores
- labor: 15
- privacy: 80
- consumer: 20
- environment: 50
- humanRights: 40
Documented incidents (3)
- Systemic Inspection Data Falsification (high, 2021) — The company admitted to falsifying inspection data for air conditioners and air compressors for over 30 years. The scandal led to the resignation of the CEO and widespread distrust in product safety.
- Karoshi (Death by Overwork) Claims (high, 2020) — Labor regulators in Japan recognized the suicides of several young engineers as 'Karoshi' caused by extreme overtime and workplace harassment within the company's R&D divisions.
- Auto Parts Price Fixing (medium, 2019) — The company was fined globally for participating in a cartel to fix prices of various automotive parts, including alternators and starters, inflating costs for consumers.
Documented good deeds
- Energy Efficient HVAC — Developed world-leading energy-efficient heat pump technology to reduce residential carbon emissions.
Ethical alternatives
- Daikin — More consistent safety record and better compliance transparency.