July 21, 2023

Sumitomo Heavy Industries, Ltd. (Head Office: Shinagawa-ku, Tokyo; Representative Director, President and CEO: Shinji Shimomura) has been included for the first time in the “FTSE Blossom Japan Index,” a representative ESG index adopted by the Government Pension Investment Fund (GPIF) of Japan, among the world’s largest institutional investors.

The FTSE Blossom Japan Index was created by FTSE Russell, a global index provider, and was designed to measure the performance of companies with outstanding environmental, social, and governance (ESG) handling. As of June 19, 2023, 310 Japanese companies having high ESG scores have been included.

We were also included for two consecutive years in the FTSE Blossom Japan Sector Relative Index (*1), which was adopted by the GPIF in 2022.

With the impetus of this inclusion, we will further strengthen our ESG initiatives and information disclosure in line with stakeholder expectations, and continue to promote sustainability management that achieves the expansion of both social value and corporate value.

(*1) FTSE Blossom Japan Sector Relative Index:
An index based on ESG evaluations by FTSE Russell that, for companies in about the upper 10% of carbon intensity (greenhouse gas emissions relative to the amount of sales), reflects management approaches regarding climate change risks/opportunities into evaluations. As of June 19, 2023, 605 companies have been included.

Related news item
April 7, 2022, “Inclusion in the ESG index, FTSE Blossom Japan Sector Relative Index”
https://www.shi.co.jp/english/info/2022/6kgpsq00000038hd.html