Sustainability

Inclusion in the ESG index, FTSE Blossom Japan Sector Relative Index

April 07, 2022

Sumitomo Heavy Industries, Ltd. (President: Shinji Shimomura) has been included in the FTSE Blossom Japan Sector Relative Index.

The FTSE Blossom Japan Sector Relative Index was created by FTSE Russell, a global index provider, and is set up as a sector-neutral index that tracks the relative performance of Japanese companies exhibiting outstanding environmental, social, and governance (ESG) performance across each sector. In addition, the index only includes companies recognized for their improvement initiatives as assessed by their TPI (Transition Pathway Initiative) management quality score. This score weighting applies to companies with particularly high greenhouse gas emissions to further promote the transition to a low-carbon economy.

As part of our Medium-Term Management Plan 2023, which covers a three-year period from FY2021 to FY2023, we have earmarked the “Contribution to society through promotion of CSV” and the “Realization of sustainable SHI Group” as key policy objectives. To this end, the Group is focusing on taking steps to address climate change, promote diversity, strengthen compliance, engage in responsible procurement activities, and further facilitate the disclosure of ESG information. We will use this recognition of our efforts as a springboard to further promote these efforts, and to continue to grow as a company that has earned the trust of its stakeholders.

FTSE Russell (a registered trademark of FTSE International Limited and the Frank Russell Company) hereby verifies that Sumitomo Heavy Industries, Ltd. has met the entry requirements for the FTSE Blossom Japan Sector Relative Index as a result of a third-party investigation, and has been included in said index. The FTSE Blossom Japan Sector Relative Index is broadly used in the creation and evaluation of sustainable investment funds and other financial instruments.https://www.ftserussell.com/products/indices/blossom-japan