MHI Global

Ships are one of mankind’s earliest but still most important technologies. They have facilitated the pursuit of global trade, knowledge and exploration for millennia. Shipyards share that rich history, too, not least the Nagasaki Shipyard and Machinery Works in Japan, parts of which have now achieved UNESCO World Heritage status as being sites of Japan’s Meiji industrial revolution. Nagasaki Shipyard was the location of Mitsubishi Heavy Industries (MHI) Group’s first business, but it has since evolved. Today, as well as continuing the long tradition of shipbuilding, it has also become a hub for producing components for aircraft jet engines. So what is the story of Nagasaki Shipyard and how did a 19th century hub of maritime industry start a leading aviation business?   The shipyard’s roots The origin of the Nagasaki Shipyard starts — perhaps rather uniquely for a shipyard — when Japan was in a state of isolation from most countries. After a…

Mitsubishi Heavy Industries, Ltd. (MHI) has been selected again this year for inclusion in the Asia Pacific Index of the Dow Jones Sustainability Index (DJSI), one of the world’s leading investment indices for ESG (environmental, social and governance) performance. The Company scored an overall ranking in the 98th percentile within its industry(Note), in reflection of its initiatives in the ESG field and the quality of the disclosure represented in its ESG DATABOOK and other reports. This is the sixth consecutive year that MHI has been included in the index, beginning in 2017. The DJSI was developed in 1999 by the U.S. firm S&P Dow Jones Indices and the Swiss investment advisory company RobecoSAM. Listed companies around the world, based on long-term shareholder value, are assessed in terms of their overall economic, environmental and social criteria, with those determined to have exceptional sustainability selected for inclusion in the index. MHI was…

ArcelorMittal, the world’s leading global steel and mining company, Mitsubishi Heavy Industries Engineering (MHIENG), a pioneer in carbon capture technology, leading global resources company, BHP, along with Mitsubishi Development Pty Ltd are collaborating on a multi-year trial of MHIENG’s carbon capture technology with ArcelorMittal, following the signing of a funding agreement between the parties. The companies will also conduct a feasibility and design study to support progress to full scale deployment. The agreement, which involves a trial at ArcelorMittal’s steel plant in Gent, Belgium and another site in North America, brings together the expertise of the various partners in identifying ways to enhance carbon capture and utilization and/or storage (CCUS) technologies in the hard-to-abate steelmaking industry. The industry is estimated to account for around 7-9% of global greenhouse gas (GHG) emissions. CCUS has the potential to be a key technology for reducing emissions from existing global blast furnaces, which are…

MHI Signs Statement of Cooperation with the State Government of South Australia on Development of Local Hydrogen Industry — Target Set on Accelerating Transition to Clean Energy and Developing a Hydrogen Economy — ･ MHI will propose diverse solutions applying its Groupwide products, technologies and services ･ Collaboration will spur development of hydrogen-related technologies and create new industrial opportunities, driving forward South Australia’s decarbonization programs Tokyo, October 13, 2022 – Mitsubishi Heavy Industries, Ltd. (MHI) signed a Statement of Cooperation on October 10 with the State Government of South Australia aimed at accelerating development of the local hydrogen industry. By proposing diverse solutions incorporating its Groupwide products, technologies and services, MHI looks to collaborate with South Australia in the state’s transition to clean energy and development of a hydrogen economy. The Statement of Cooperation was signed by The Hon Peter Malinauskas MP, Premier of South Australia, and MHI Senior Vice…

  The high-efficiency chillers with low environmental impact will help expand Marina Bay’s district cooling system, which will service 28 buildings by 2026. High confidence in MHI Group’s technologies and after-sales servicing, chillers’ environmental and economic performance, and excellent delivery record led to the order. Tokyo, October 4, 2022 – Mitsubishi Heavy Industries (MHI) Group companies – Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems) and Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) – have jointly delivered two large-capacity centrifugal chillers for a large-scale district cooling system in Singapore’s Marina Bay as part of plans to expand the system. The two chillers, offerings in the “GART series”, have a collective cooling capacity of 8,400 refrigeration tons (RT). and will bring the total number of centrifugal chillers provided by MHI Group to the Marina Bay area to 18. The GART-400PLS.SCF model centrifugal chillers each have a cooling capacity of…

Tokyo, July 13, 2022 – Mitsubishi Heavy Industries, Ltd. (MHI) has received an ESG Rating of “AA” from MSCI(Note) for the first time. The new 2022 rating represents an upgrade from the Company’s previous “A” rating, and it demonstrates the high assessment MSCI accords to MHI’s ESG initiatives. MSCI’s ESG Ratings are given in seven ranked grades in descending order from AAA to CCC, based on the firm’s analysis of a company’s initiatives relating to environmental, social and governance issues. MSCI’s ESG Ratings serve as a global index for making ESG investments. MHI is currently selected for inclusion in all four of the ESG investment indices used by Japan’s Government Pension Investment Fund (GPIF), which is the largest pension fund in the world: FTSE Blossom Japan Sector Relative Index, MSCI Japan ESG Select Leaders Index, MSCI Japan Empowering Women Index (WIN), and S&P/JPX Carbon Efficient Index. The Company is also…

Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has received commendations in two categories of the 2022 “Demand Side Management Awards” sponsored by the Heat Pump & Thermal Storage Technology Center of Japan (HPTCJ), an organization that promotes the adoption of heat pumps and thermal storage systems through presentation of awards recognizing especially outstanding technologies that contribute to power load leveling. The “MSV2” series of high-efficiency air-cooled heat pump chillers adopting an “e-3D scroll” compressor(Note1) received the HPTCJ Chairman’s Award in the Machinery & Equipment category, and the innovations in energy savings of the company’s factory heating and cooling system using an aquifer thermal energy storage (ATES) system(Note2) received the HPTCJ Promotion Award in the Integrated Systems category. The MSV2 heat pump chillers, which were launched in Japan’s domestic market to respond to increasing refrigeration load demand, were highly acclaimed by…

Mitsubishi Heavy Industries, Ltd. (MHI) has received a “Silver” rating in the 2022 sustainability assessment conducted by EcoVadis, an international evaluation organization based in France. This is the third consecutive time that MHI has received this rating, conferred to companies with an overall score in the top 25%. Amid the growing demands placed on companies to address the UN Sustainable Development Goals (SDGs) and other global social issues, this rating reflects a high regard for MHI Group’s initiatives in the four criteria categories of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. EcoVadis provides buyer companies with evaluation data on the sustainability measures of more than 85,000 companies from 200 industries in 160 countries via a global cloud-based platform. Many global companies refer to these ratings when selecting a supplier. Through this rating, MHI Group has been able to enhance its presence in global markets as a sustainable supplier.…

Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has won the Energy Conservation Center, Japan Chairman’s Award in “Best Practice Category” at the 2021 Energy Conservation Grand Prize sponsored by the Energy Conservation Center, Japan (ECCJ), with support from Ministry of Economy, Trade and Industry (METI). This award was presented for measures relating to energy savings from a factory heating and cooling system utilizing an aquifer(Note1) thermal energy storage (ATES) system. The use of underground water stored in aquifers as a source of heat for heating and cooling systems is highly regarded for its energy conservation potential, environmental performance, and other benefits. This is the first time MHI Thermal Systems has received an award in Best Practices Category. The initiative recognized with this reward is the introduction of an ATES system that takes advantage of the unutilized energy of 700kw in geothermal…