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ITOCHU Corporation joins CSR Europe

Wednesday, October 10, 2018

We are pleased to announce that ITOCHU Corporation has joined CSR Europe as a corporate member in the effort to reinforce their commitment and focus on CSR both globally and in Europe.

ITOCHU Corporation believes in fulfilling social responsibilities through the continuous enrichment of sustainable corporate value with their core business, in accordance with the ITOCHU Mission: “Committed to the Global Good”, and corporate message "I am One with Infinite Missions". Since 1858, the company has embraced this Mission in the spirit of Sampo Yoshi (good for the buyer, good for the seller, and good for society) and the management philosophy of merchants in the province of Ohmi, Japan.

The membership with CSR Europe is a perfect opportunity that has come at a time where there is a need to adapt to the world's rapidly changing business environment. By joining our extensive network, ITOCHU Corporation aims to further enhance its stance in the CSR space and focus on a brighter future that is founded on innovation.

Yoichi Mearashi, General Manager, European Brand Marketing Group at ITOCHU, said: We are privileged to be welcome by the prestigious CSR Europe as a corporate member as the first Japanese sogo shosha, whose Medium-Term Management Plan puts emphasis on reinventing business through investment in new and next-generation technologies led by worldwide direction of Sustainability and ESG. Our wish is to “Commit to the Global Good”, which we aim to fulfil by closely working with CSR Europe and all its members.”

We are delighted to welcome ITOCHU Corporation to CSR Europe’s membership network”, said Stefan Crets, Executive Director at CSR Europe. “We are looking forward to working together on important issues like raw materials, sustainability integration and innovation. By joining our network, ITOCHU will be able to support and exchange on the core challenges for the business contribution to a sustainable society.

The history of ITOCHU Corporation dates back to 1858 when the Company's founder Chubei Itoh commenced linen trading operations. Since then, ITOCHU has evolved and grown over 150 years.

With approximately 110 bases in 63 countries, ITOCHU, one of the leading sogo shosha, is engaging in domestic trading, import/export, and overseas trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, general products, realty, information and communications technology, and finance, as well as business investment in Japan and overseas.

CSR Europe is the leading European business network for Corporate Social Responsibility. Through their network of 45 corporate members and 41 National CSR organisations, they gather over 10,000 companies, and act as a united platform for those businesses looking to enhance sustainable growth and positively contribute to society. In their mission to bring the sustainability agenda forward, CSR Europe goes beyond European borders and cooperates with CSR organisations in other regions across the world. CSR Europe is the European hub incubating multi-stakeholder initiatives that tackle the UN 2030 Agenda for Sustainable Development.