Participation in External Initiatives
Participation in the United Nations Global Compact
In March 2021, our company signed the United Nations Global Compact, a global framework advocating responsible and creative leadership by businesses and other organizations. The Compact encourages companies to act as responsible members of society, promoting sustainable growth through specific commitments in four areas: human rights, labor, environment, and anti-corruption. With this commitment, we aim to accelerate our efforts in these areas and continue working towards the realization of a sustainable society.
The Valuable 500
Our company has joined an international initiative called The Valuable 500, which promotes the active participation of people with disabilities. The goal of The Valuable 500 is to bring about reforms that enable individuals with disabilities to realize their potential in society, business, and the wider economy. We are committed to creating an inclusive workplace environment for people with disabilities and promoting the development of products and services that support their activities. Through these efforts, we aim to explore the inherent possibilities of individuals and their rightful places in society, and contribute to creating a better future for all.
Our Commitment
We will promote the following initiatives to realize a richer, happier society based on our fundamental corporate philosophy.
- We will support the activities of a diverse range of people and provide products and services that contribute to a richer life for all.
- We will respect diversity among our personnel and strive to build inclusive workplaces.
- We will promote cultural and sporting activities through which we can share our joy and excitement with the world.
Task Force on Climate-related Financial Disclosures (TCFD)
Our company declared its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in October 2021.
In accordance with these recommendations, we will strive to disclose information regarding the risks and opportunities posed by climate change as they apply to our business. This disclosure will encompass governance, strategy, and risk management, as well as metrics and targets.
Additionally, we are a member of the TCFD Consortium, which engages in discussions about effective information disclosure and steps to link disclosed information to sound investment decisions by financial institutions and other stakeholders.
Japan Climate Leaders' Partnership (JCLP)
We are a supporting member of the Japan Climate Leaders’ Partnership (JCLP), a group of companies aiming to achieve zero greenhouse gas emissions worldwide by 2050. All the partner companies support the goal of bringing about a sustainable, decarbonized society in the near future. Our Group will continue efforts to reduce greenhouse gas emissions throughout all our business activities, actively introduce renewable energy, and strengthen measures toward decarbonization.
Japan Climate Initiative (JCI)
The Japan Climate Initiative (JCI) was established to bring together a diverse group of non-governmental entities, including companies, local governments, and other organizations that are actively engaged in climate change mitigation efforts, and to provide a platform to enhance information dissemination and facilitate discussions among this group. JCI serves as a network where various non-government stakeholders can collaborate on developing new initiatives. It provides a space for the business sector to share opinions and co-develop strategies to reduce greenhouse gas emissions, influence government policies, and make meaningful commitments to address climate change at events such as the Conference of the Parties (COP)
Major Member Organizations
- The Tokyo Chamber of Commerce and Industry
- Japan Business Federation
- The International House of Japan, Inc.
- Japan Committee for UNICEF
External Evaluations
CDP
CDP is an international, non-governmental organization (NGO) headquartered in London, working to maintain a healthy and prosperous economy for all people. As one part of this effort, CDP encourages disclosure of information regarding environmental impacts. CDP collects and analyzes information on the environmental activities of major global companies, evaluating their efforts on an eight-point scale: A, A-, B, B-, C, C-, D, D-. In response to the 2023 CDP Climate Change Questionnaire, we provided answers that resulted in an upgrade of one rank from a "B" rating in FY2022 to the second-highest rating of "A-".
FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index reflects the performance of Japanese companies with superior environmental, social, and governance (ESG) practices relative to their business sectors. It has been adopted by the Government Pension Investment Fund (GPIF), the world's largest public pension fund, for passive ESG index investing, and serves as a crucial metric for investors worldwide. Our company was selected as one of the index components for the first time in fiscal year 2023.
S&P/JPX Carbon Efficient Index
The S&P/JPX Carbon Efficient Index, created by S&P Dow Jones Indices, one of the world's largest independent index providers, focuses on the constituents of TOPIX, a representative stock price index indicating trends in the Japanese equities market. The Carbon Efficient Index weighs constituent companies by considering their disclosure of environmental information and their level of carbon efficiency. By increasing the weight of companies that disclose sufficient environmental information and are highly carbon efficient, it encourages markets in general to prioritize environmental initiatives and information disclosure. Our company was selected as a constituent for fiscal year 2022 and again in FY2023.
Morningstar Japan Gender Diversity Tilt Index (excluding REITs)
The Morningstar Japan Gender Diversity Tilt Index, launched in April 2023, is a domestic stock index with a focus on gender diversity. It is designed to highlight companies that have established gender diversity policies that are now deeply ingrained in their corporate cultures, as well as those that promise equal opportunities to employees regardless of gender. The index uses data from Equileap, which conducts surveys on gender equality, and classifies each company into five groups based on the survey results.
The index includes 930 companies (as of April 2023), and our firm has been ranked in the highest category, Group 1.
