External Evaluation (ESG Factors)
Inclusion in ESG indexes
Toyobo is listed on the following ESG Indexes , as of June 2023.
It has been selected as a constituent stock in all ESG indices of Japanese stocks adopted by the Government Pension Investment Fund (GPIF).
- FTSE Blossom Japan Index
- FTSE Blossom Japan Sector Relative Index
- MSCI Japan ESG Select Leaders Index
- MSCI Japan Empowering Women Index (WIN)
- Morningstar Japan ex-REIT Gender Diversity Tilt Index
- S&P/JPX Carbon Efficient Index
The FTSE Blossom Japan Index is designed to measure the performance of Japanese companies that enjoy high reputations in the area of ESG.
The FTSE Blossom Japan Sector Relative Index is designed to be sector-neutral, reflecting the performance of Japanese companies that exhibit relatively outstanding ESG actions in their sectors.
The MSCI Japan ESG Select Leaders Index is an index of companies that are among Japan's top 700 firms by market value and that enjoy relatively outstanding ESG evaluations in their industries, comprehensively taking into account the ESG-related risks in those industries.
The MSCI Japan Empowering Women Index (WIN) is constructed on the basis of disclosed information concerning gender diversity. Companies that promote high-level gender diversity in the workplace are considered more capable of adapting to the risk of talent shortages in a future shrinking workforce, and thereby better able to yield sustainable earnings over the long term.
Other evaluations
Toyobo has received the following evaluations.
The Certified Health & Productivity Management Outstanding Organizations Recognition Program is operated jointly by the Ministry of Economy, Trade and Industry and Nippon Kenko Kaigi. This program recognizes companies of varied size that practice particularly outstanding health and productivity management, based on initiatives rooted in community health issues and health promotion initiatives advanced by Nippon Kenko Kaigi.
Our company was awarded "Top 500" certification in the 2023 Certified Health & Productivity Management Outstanding Organizations Recognition Program, a designation given to top corporations.
The Platinum Kurumin certification is awarded to companies that have achieved a higher level of initiative, such as the introduction and use of systems to support a balance between childcare and work, selected from among those that have received Kurumin certification as companies that support the childcare of their employees in accordance with the Act on Advancement of Measures to Support Raising Next-Generation Children.
In July 2023, we were certified as a Platinum Kurumin in evaluation of our various initiatives.
The Eruboshi Certification is awarded to companies that demonstrate outstanding implementation of initiatives related to participation and advancement by women in the company under the Act on Promotion of Women's Participation and Advancement in the Workplace.
Our company was recognized for achieving prescribed standards for items including "Employment",
"Continued Length of Employment",
"Working Hours and Work Styles", and "Diverse Career Paths", receiving two out of a maximum of three stars.
Our company was selected as the highest-rated Supplier Engagement Leader in the CDP Supplier Engagement Ratings.
The Supplier Engagement Ratings are based on responses to questions in the four areas of "Governance", "Targets", "Scope 3 emissions", and "Supply chain engagement" in a corporate survey on climate change conducted by CDP. This evaluates climate change initiatives throughout companies' entire supply chains.