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External evaluations and Initiatives

IHI Group's efforts in sustainability have received recognition from various domestic and international organizations.

  • Third-party Evaluation
  • Initiatives

ESG Investment-related

ESG investment refers to investment that emphasizes not only financial information but also environmental, social,and governance elements. IHI Group submits to the external evaluations required for ESG investment.

S&P/JPX Carbon Efficient Index

IHI has been selected as a constituent brand of the S&P/JPX Carbon Efficient Index.
The index selects brands satisfying environmental information disclosure and carbon efficiency (carbon emissions per unit of revenue) standards according to their constituent selection and weighting process.

FTSE Blossom Japan Sector Relative Index

IHI Corporation has been selected as a constituent brand of the FTSE Blossom Japan Sector Relative Index, a stock market index for ESG investment. The index is designed by FTSE Russell, a global index provider, to measure the performance of Japanese companies that demonstrate strong Environmental, Social and Governance (ESG) practices. The index is constructed so that each sector weights align with the Japanese equity market.

MSCI Japan ESG Select Leaders Index

IHI has been included in the MSCI Japan ESG Select Leaders Index, which Japan’s Government Pension Investment Fund employs for its ESG investments. IHI received an AA MSCI ESG Rating in 2023.

This sub-index of the MSCI Japan IMI Index tracks companies with excellent ESG ratings in their industry sectors.

THE INCLUSION OF IHI IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF IHI BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.

Sompo Sustainability Index

Sompo Asset Management Co., Ltd., has included IHI Corporation in the Sompo Sustainability Index. The index covers around 300 companies undertaking excellent environmental, social and governance (ESG) initiatives. The firm uses this benchmark for the Sompo Sustainable Management investment vehicle.

ESG Activities-related

We would like to showcase the external evaluations of IHI Group's ESG activities.

CDP

The IHI Group responds to Disclosure Insight Action's (CDP) questionnaire related to climate change on an annual basis. In fiscal 2023, we were evaluated as Management Level score of B.
CDP is a non-profit charity established by responsible investors worldwide. The CDP sends an annual questionnaire to companies and local governments and releases the results in an effort to encourage more action on climate change.

Digital Transformation Stock Selection 2023

IHI Corporation has been selected in the Digital Transformation Stock (DX Stock) Selection 2023.
DX Stock is constructed by the Ministry of Economy,Trade and Industry and the Tokyo Stock Exchange to select outstanding companies from among TSE-listed companies that have established internal systems for promoting digital transformation, which is an approach that contributes to improving corporate value, and that have achieved outstanding digital utilization.

Health & Productivity Companies 2024 (White 500)

Twenty-three companies* of the IHI Group have been selected as Health & Productivity Companies 2024 (White 500).
The Ministry of Economy, Trade and Industry and the Nippon Kenko Kaigi (Japan Health Council) co-launched the Health & Productivity Companies to recognize companies that consider employee health management from a corporate management standpoint and strategically implement activities to maintain and promote health.

IHI Corporation, IHI Scube Co., Ltd., IHI Plant Services Corporation, IHI Power Systems Co., Ltd., IHI Jet Service Co., Ltd., NICO Precision Co., Inc., IHI Infrastructure Systems Co., LTD., IHI AEROSPACE CO., LTD., IHI Finance Support Corporation, Takashima Giken Co., LTD., Japan Marine United Corporation, IHI CASTINGS CO., LTD., IHI Rotating Machinery Engineering Co., Ltd., IHI Logistics & Machinery Corporation, IHI Turbo Co., Ltd., IHI Construction Service Co., Ltd., IHI Agri-Tech Corporation, PAUL WURTH IHI CO., LTD., CENTRAL CONVEYOR COMPANY, LTD., IHI Fuso Engineering Co., Ltd., Voith IHI Paper Technology Co., Ltd., IHI AEROSPACE ENGINEERING CO., LTD., IHI Machinery and Furnace Co., Ltd.

Resilience Certification

IHI renewed the Resilience Certification acquired in 2016 with the aim of improving its business continuity as a company that supports social infrastructure.
Resilience Certification is a certification system of the Association for Resilience Japan based on the guidelines for the certification of organizations contributing to national resilience. This certification certifies business operators that endorse the ideas of strengthening national resilience published by the Cabinet Secretariat's National Resilience Promotion Office and proactively work to ensure their business continuity.

Achieved "Gold" for six consecutive years in the PRIDE Index 2023

IHI has received a Gold rating for the sixth consecutive year under the PRIDE Index 2023 of work with Pride.
That nonprofit group advocates diversity management relating to LGBTQ+ and other sexual minorities at companies and other organizations, ranking their efforts annually through its PRIDE Index.
This award recognized the company’s policies regarding LGBTQ+ people, sexual orientation and gender identity under the IHI Group’s Basic Code of Conduct, as well as efforts to raise awareness through e-learning and management training for all employees, develop personnel programs and benefits, and undertake initiatives allying with LGBTQ+ causes.

Achieved the Silver Medal in EcoVadis' Sustainability Assessment

IHI Group achieved the Silver Medal in the sustainability assessment conducted by French company EcoVadis. EcoVadis provides evaluation data on the sustainability efforts of over 100,000 companies worldwide through its global cloud-based platform. The sustainability assessment covers four areas: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. The Silver Medal signifies that the company evaluated ranks among the top 25% of companies assessed.

Nikkei SDGs Management Survey

IHI achieved a rating of 3 stars in the fifth Nikkei SDGs Management Awards, which select advanced companies contributing to the United Nations' Sustainable Development Goals (SDGs). The survey, conducted by Nikkei Inc. since 2019, targets listed and influential non-listed companies nationwide. It comprehensively evaluates each company's SDGs management on a ten-point scale of 0.5 to 5 stars in four categories: SDGs Strategy and Economic Value, Social Value, Environmental Value, and Governance.

Nikkei Smart Work Management Survey

IHI achieved a rating of 3.5 stars in the 7th Nikkei Smart Work Management Survey, which selects advanced companies striving to improve productivity through working style reforms. The survey has been conducted by Nikkei Inc. since 2017 and targets listed and influential non-listed companies nationwide. It defines "Smart Work Management" as efforts to maximize organizational performance through three elements: "Human Resource Utilization" that realizes diverse and flexible workstyles, "Innovation Power" that generates new business, and "Market Development Power." The survey evaluates companies' initiatives on a ten-point scale of 0.5 to 5 stars.

United Nations Global Compact

The IHI Group signed on to the United Nations Global Compact initiative to build a sound global society as a registered participating company in February 6, 2022.
The IHI Group management philosophy and ESG management resonates with all ten principles of the United Nations Global Compact on human rights, labor,the environment, and anti-corruption. The Group supports these ten principles and works to realize a society of integrity based on them.

Participation in Third-party Initiatives

In May 2019, the IHI Group became a signatory to the Task Force on Climate-related Financial Disclosures (TCFD) by resolution of the Board of Directors. This framework plays a role as a tool to formulate strategies able to strengthen risk management and cultivate business opportunities.

TCFD Initiatives

IHI Endorses Ministry of Economy, Trade and Industry’s GX League

May 15, 2023, saw the IHI Group endorse the GX League initiative of Japan’s Ministry of Economy, Trade and Industry. Japan’s Ministry of Economy, Trade and Industry this forum for companies pursuing sustainable growth through Green Transformation initiatives to collaborate with government, academia, and business entities undertaking similar efforts to cut greenhouse gas emissions and boost industrial competitiveness. The Group will make its businesses carbon neutral through the GX League.