Sumitomo Heavy Industries Group Wins Bronze Rating from EcoVadis, the International Sustainability Rating Agency
September 09, 2021
The Sumitomo Heavy Industries Group has received a Bronze rating from EcoVadis, the international sustainability rating agency headquartered in France. EcoVadis rates the sustainability of over 75,000 supplier companies across 160 countries around the world based on four criteria: environment, labor and human rights, ethics, and sustainable procurement. Companies are rated Bronze when they fulfill certain criteria, one of which is scoring in the top 50% of the industry. We have obtained the Bronze rating with a score in the top 40% of the general-purpose machinery manufacturing sector.
In the Medium-Term Management Plan 2023 that covers the period from fiscal 2021 to 2023, we have set a basic policy composed of “Contribution to society through promotion of CSV” and “Realization of sustainable SHI Group.” We are focusing on the reduction of environmental burdens, promotion of diversity, improvement in compliance, responsible procurement practices, and ESG disclosures.
As we have received this rating, we will work even harder on these tasks and will continue to develop as a company that is trusted by its stakeholders.