Green Diamonds
Tokio Marine: Championing the Health of Mangroves
Mitsubishi Securities: Developing Cleaner Carbon
Mitsubishi Electric: Restoring Fuji's Forests


Championing the Health of Mangroves

Tokio Marine and Fire Insurance is repairing the environment through direct action and public education. In so doing, its employees have developed closer ties to the land and the people who use it.

  Since 1999, Tokio Marine has developed coastal mangrove forests in five Southeast Asian countries (the Philippines, Thailand, Indonesia, Vietnam and Myanmar). To inform the public about the future that can be achieved through environmental initiatives such as this, the company sponsored a television program called “A Journey through Coastal Mangrove Forests in the Elephant's Trunk Region of Thailand.” In addition to the beautiful scenery of southern Thailand, the program also showed the commitment of project workers to the restoration of mangrove forests in the Malay Peninsula region of Thailand (known as the “Elephant's Trunk”), the lifestyles of the people who inhabit mangrove forests, and mangrove ecosystems.
  The term “mangrove” refers to trees and grasses growing on tidal flats in tropical and sub-tropical regions. They counteract global warming by absorbing large volumes of carbon dioxide and also protect homes and farmlands from storm erosion. In addition, mangrove forests are vital to the livelihoods of local inhabitants because of their abundance of seafood. Unfortunately, intense human activities in coastal regions have halved these rich natural environments in recent years. Tokio Marine is not only fighting to reverse this trend, but is working effectively to inspire others to lend a hand.

PHOTO PHOTO
Tropical Asia's mangroves are threatened, and with them, whole communities—even a way of life, but, help is on the way.
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Developing Cleaner Carbon
Mitsubishi companies are setting up new ways to “do good by doing well.” They are participating in an international scheme to reduce global CO2 emissions by using their business skills and resources to reduce CO2 production in developing nations. To help achieve the targets for reduction of greenhouse gas emissions under the Kyoto Protocol, the global community established flexible, but strictly monitored mechanisms that allow credit in one country toward CO2 emission targets in return for documented reductions in another country. One of the mechanisms is known as the “Clean Development Mechanism,” or CDM.
  Mitsubishi Securities is a pioneer in the field of CDM, providing consulting services to a broad range of private and public entities, both domestic and international. It has developed PDDs (Project Design Documents) for potential CDM projects in Thailand, Malaysia, the Philippines and Egypt. The PDD is an integral document of the CDM process.
  In December 2003, the CDM Executive Board under the United Nations approved the baseline and monitoring methodologies developed by Mitsubishi Securities for a biomass power generation scheme in Thailand. This project aims to generate 20,000 kW of carbon-neutral electricity from rice husks and gain emission credits of 80,000 tons annually.
  The approval of the methodology, the first for renewable energy, paves the way for the implementation of the project under the CDM.
  Before the scheme can be confirmed as a CDM project, it must first be approved by the governments of the investing and host nations and then validated by a non-governmental designated operating entity selected by the CDM Executive Board.
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Restoring Fuji's Forests
PHOTOOften, the best way to inspire environmental awareness is to lead by example. That is precisely what employees of Mitsubishi Electric have discovered. In 1996, many trees on the southern slopes of Mount Fuji were uprooted by a typhoon. Since then, numerous volunteers have been working to replant the damaged areas of the forest. Mitsubishi Electric employees have been participating in this effort since 1999. In November 2003, 22 employees of Mitsubishi Electric participated in a voluntary forest-planting and improvement scheme on Mount Fuji. Participants said they learned first-hand about the importance of nature through the experience of physical involvement in this nature conservation activity.
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