･ Selection reflects acclaim as a company with exceptional sustainability based on ESG criteria
Tokyo, November 19, 2021 –Mitsubishi Heavy Industries, Ltd. (MHI) has been selected again this year for inclusion in the Asia Pacific Index of the Dow Jones Sustainability Index (DJSI), one of the world’s leading investment indices for ESG (environmental, social, and governance) performance. This is the fifth consecutive year that MHI has been included in the index, beginning in 2017. The inclusion reflects recognition of MHI’s initiatives in the ESG field, and the quality of the disclosure represented in its reports.
The DJSI was developed in 1999 by the U.S. firm S&P Dow Jones and the Swiss investment advisory company RobecoSAM. Listed companies around the world, based on long-term shareholder value, are assessed in terms of their overall economic, environmental and social criteria, with those determined to have exceptional sustainability selected for inclusion in the index. MHI was one of 153 companies selected for the 2021 index (of which 77 were Japanese companies), from a total of around 600 major companies in the Asia-Pacific region.
In addition to the DJSI, MHI has been included all four of the ESG indices adopted by Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, comprising the FTSE Blossom Japan Index, MSCI Japan ESG Select Leaders Index, MSCI Japan Empowering Women Index (WIN), and S&P/JPX Carbon Efficient Index.
MHI proactively implements various ESG measures with the aim of realizing a sustainable society, including reducing the environmental load of its customers and from its own operations, promoting diversity, and strengthening corporate governance and disclosure. In October 2021, MHI established a new “Materiality Council” and “Sustainability Committee,” strengthening its sustainability management structure in consideration of calls from the international community, investors, and a diverse range of stakeholders for greater environmental, social, and economic sustainability from the corporate sector. “Sustainability Relations Department” has also been newly established within the Business Strategy Office to support these activities.
Going forward, MHI will continue to draw on ceaseless innovation and industry-leading products and technologies with the dual aims of realizing a sustainable society, and enhancing its enterprise value over the longer term.