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IHI Group's efforts in sustainability have received recognition from various domestic and international organizations.
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.
IHI Group 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.
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.
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.
We would like to showcase the external evaluations of IHI Group's ESG activities.
The IHI Group responds to Disclosure Insight Action's (CDP) questionnaire related to climate change on an annual basis. In fiscal 2022, 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.
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.
The Minister of Health, Labour and Welfare recognized the IHI Corporation as a company that supports child raising and granted us the Kurumin certification in 2007,2011, 2015, and 2020.
Kurumin certification is a program the certifies companies that formulate an action plan based on the Act on Advancement of Measures to Support Raising Next-Generation Children and achieves the set goals as well as set conditions.
The Minister of Health, Labour and Welfare certified the IHI Corporation as an Eruboshi Company (2nd level) in 2017.
Eruboshi certification is a program that certifies companies that excel in promoting advancement of women and fulfill set standards based on the Act on Promotion of Female Participation and Career Advancement in the Workplace.
Nineteen companies* of the IHI Group have been selected as Health & Productivity Companies 2023 (White 500).
The Ministry of Economy, Trade and Industry and the Nippon Kenko Kaigi (Japan Health Council) co-launched the White 500 program 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, IHI Plant Services Corporation, IHI Power Systems, IHI Jet Service, NICO Precision, IHI Infrastructure Systems, IHI AEROSPACE, IHI FINANCE SUPPORT CORPORATION, Chiba Warehouse, Takashima Giken, Japan Marine United Corporation, IHI CASTINGS, IHI Rotating Machinery Engineering, IHI Transport Machinery, IHI Logistics & Machinery, IHI Turbo, IHI Construction Service, and IHI Business Support Corporation
The IHI Group 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.
IHI has been awarded "Gold" for the sixth consecutive year in the "PRIDE Index 2023" established by the general incorporated association, work with Pride.
“work with Pride” is an organization that creates workplaces where sexual minorities such as LGBTQ+ can work as themselves.
The award was attributed to the "Basic Code of Conduct for the IHI Group" which stipulates policies on LGBTQ+ and SOGI*, raising awareness through e-learning for all employees and managerial training, the development of personnel systems and welfare benefits, and the promotion of ally activities.
*Sexual Orientation and Gender Identity
IHI 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.
IHI Group achieved a rating of 3.5 stars in the fourth 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.
IHI Group achieved a rating of 4.5 stars in the 6th 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.
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.
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.
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.
