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External Recognition
Awards and Recognition by Third Parties in fiscal 2024
In recent years, there has been a growing interest in ESG investment which considers not only financial but also Environmental, Social and Governance (ESG) elements as investment criteria. The Sumitomo Forestry Group has received the following awards and recognition as of March 2025.
Dow Jones Sustainability Indices
Launched in 1999, the DJSI is a sustainability-related stock index that S&P Dow Jones Indices publishes annually in the United States. It was the first global equity index to evaluate major companies that are working to build a sustainable society. A survey is conducted on approximately 3,500 of the world's largest companies by market capitalization, evaluating them in terms of economy, environment, and society.
Sumitomo Forestry was included in the Dow Jones Sustainability World Index*1 in December 2024. For the fourth consecutive year, we received the highest score of the 22 companies in the homebuilding industry. We were also selected for the Dow Jones Sustainability Asia Pacific Index*2. Since the first time we were included in 2005, this is the 17th time that we have been selected for the Dow Jones Sustainability Indices.
*1Name changed to "Dow Jones Best-in-Class World Index" on February 10, 2025
*2Name changed to "Dow Jones Best-in-Class Asia Pacific Index" on February 10, 2025
Received the Highest Valuation in S&P Global Inc.'s Sustainability Rating
Sumitomo Forestry was ranked in the Top 1% in the homebuilding industry category in The Sustainability Yearbook - 2025 Rankings conducted by S&P Global Inc., a U.S.-based research and rating company in the field of global socially responsible investment (SRI). This marks the seventh year in a row that we have received the highest rating. S&P Global Inc. has evaluated the economic, environmental and social initiatives of more than 7,690 leading companies worldwide. Of these, 780 companies are included in The Sustainability Yearbook - 2025 Rankings as "Sustainability Yearbook Members."
Since The Sustainability Yearbook's launch in 2008, we have been included as a member for 18 consecutive years in the homebuilding industry category. This edition includes nine Japanese companies, including our own, in the Top 1% of their respective categories.
Sumitomo Forestry Makes Climate Change A List in CDP 2024
Sumitomo Forestry has been selected by CDP, an international NGO, on its highest-ranking Climate Change A List for the ninth year in a row.
CDP is among the world's leading ESG evaluation agencies as regards corporate greenhouse gas emission reduction and climate change strategies. It evaluates the efforts of leading global companies in terms of market capitalization in reducing greenhouse gas emissions and mitigating climate change. The Climate Change A List includes companies with particularly effective initiatives in combating climate change.
*CDP Forest: A- CDP Water Security: B
FTSE4Good Global Index
Evaluation of companies that fulfill international standards in environment, social, and governance aspects by FTSE Russell, a group company of London Stock Exchange. Sumitomo Forestry has been consecutively included in the FTSE4Good Global Index every year since 2004.
Used as a Constituent Company in all Six ESG Indices Selected by GPIF
FTSE Blossom Japan Index
An ESG index for Japanese stocks by FTSE Russell, Ltd. and selected by the Government Pension Investment Fund, Japan (GPIF) as one of the ESG indices in July 2017.
FTSE Blossom Japan Sector Relative Index
It is one of ESG indices of FTSE Russell, which was chosen in March 2022 by the Government Pension Investment Fund (GPIF), a selective ESG composite Index which is evaluated in terms of three perspectives including ESG evaluation by FTSE Russell, carbon intensity (greenhouse gas emissions per sales unit), and management attitude toward climate change risks and opportunities.
*FTSE Russell (registered trademark of FTSE International Limited and Frank Russell Company) hereby certifies that Sumitomo Forestry as a result of a third-party investigation, has met the requirements for inclusion in the FTSE Blossom Japan Sector Relative Index and has become a constituent of the index.
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MSCI Nihonkabu ESG Select Leaders Index
Index for Japanese stocks adopted by the Government Pension Investment Fund, Japan (GPIF) as one of the ESG indices in March 2024. Among constituents of the MSCI Nihonkabu Investable Market Index, which is a parent index, companies with high ESG ratings in each industry are selected.
MSCI Japan Empowering Women Index (WIN)
Index for Japanese stocks selected by the Government Pension Investment Fund, Japan (GPIF) as one of the indices in July 2017. The MSCI Japan Empowering Women Index (WIN) evaluates companies with relatively excellent gender diversity within the industry, using "MSCI Japan IMI top 700 stocks by market capitalization" as the parent index.
*The inclusion of Sumitomo Forestry 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 Sumitomo Forestry 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.
S&P/JPX Carbon Efficient Index
The Japan Exchange Group, the Tokyo Stock Exchange, and the S&P Dow Jones Index have jointly developed an environmental index, the S&P/JPX Carbon Efficient Index, and have begun its disclosure.
The Government Pension Investment Fund, Japan (GPIF) selected the S&P/JPX Carbon Efficient Index as a benchmark for ESG investment strategy from fiscal 2018.
Morningstar Japan ex-REIT Gender Diversity Tilt Index (excluding REIT)
Index for Japanese stocks selected by the Government Pension Investment Fund, Japan (GPIF) as one of the ESG indices in April 2023. Companies that have a strong gender diversity policy embedded in their corporate culture and that promise equal opportunities for employees regardless of gender are selected.
SOMPO Sustainability Index
The SOMPO Sustainability Index is an ESG evaluation by Sompo Asset Management Co., Ltd. Evaluated through an environmental survey and an ESG survey by Sompo Risk Management, Sumitomo Forestry has been consecutively included in the SOMPO Sustainability Index since fiscal 2013.
Others
Other Evaluations and Awards*
| Award/Organiser | Recognition | Scope of Recognition |
|---|---|---|
| Nippon Kenko Kaigi |
Sumitomo Forestry was recognized as a Certified Health and Productivity Management Organization 2025 (Large Enterprise Category (White 500)).
 |
Sumitomo Forestry |
| Japan Wood Design Association |
Sumitomo Forestry received the Japan Wood Design Award for the tenth consecutive year in 2024.
In addition, two projects received the top-ranking Encouragement Prize (Chairperson's Award) at the 2024 Wood Design Awards. These were LignoSat, a wooden satellite, and the NHERI TallWood Project (Sumitomo Forestry verification phase), a 10-story timber building that has undergone simulated testing for large earthquakes.
 |
Sumitomo Forestry |
| Japan Institute of Design Promotion |
In 2024, three projects received the Good Design Award, including "Veneer Paneling 75 Flat J" and "House with a Wall That Frames the Landscape".
 |
Sumitomo Forestry |
| Kids Design Association |
"Our Manaka Kodomo BASE, which encourages children's independence in the living room while adults keep an eye on them, has won the "18th Kids Design Award".
 |
Sumitomo Forestry |
| Oricon ME Inc. |
Sumitomo Forestry Home Service was selected as the Overall No. 1 in Oricon Customer Satisfaction for 2024, in two rankings of real estate brokerage, "Sold Detached Houses" and "Purchased Apartment." Sumitomo Forestry Home Tech was selected as overall No. 1 for "Full Renovation."
  |
Sumitomo Forestry Home Service, Sumitomo Forestry Home Tech |
| work with Pride (General Incorporated Association) |
Sumitomo Forestry received gold rating for three consecutive years, the highest ranking, in the Pride Index 2024 which evaluates LGBTQ initiatives in the workplace.
 |
Sumitomo Forestry |
| Nikko Investor Relations Co.,Ltd. |
Sumitomo Forestry’s Investor Relations website, "For Shareholders and Investors" (https://sfc.jp/information/ir/), was selected as the "Best Website" for the second consecutive year in both the Overall Category and the Industry (Construction) Category for the All Japanese Listed Companies' Website Ranking 2024.
 |
Sumitomo Forestry |
| Daiwa Investor Relations Co. Ltd. |
Sumitomo Forestry's Investor Relations website, "For Shareholders and Investors" (https://sfc.jp/information/ir/), received an Excellence Award for the second year in a row, as well as an Excellence Award in the Sustainability category for the Daiwa Internet IR Awards 2024.
 |
Sumitomo Forestry |
| Japan Vocational Ability Development Association | Participants from Sumitomo Forestry Home Engineering received Gold, Silver, Bronze Medals, and a Fighting Spirit Award at the 62nd National Skills Competition in the Carpentry Category, as well as Silver and Bronze medals in the Plastering Category. | Sumitomo Forestry Home Engineering |
| World Skills International (WSI) | Participants from Sumitomo Forestry Home Engineering received a Fighting Spirit Award in the Carpentry Category at the 47th the World Skills Competition. | Sumitomo Forestry Home Engineering |
| National Association of Home Builders (U.S.) | NOVEL University Place, a luxury multifamily rental property developed by Sumitomo Forestry’s subsidiary Crescent Communities, has won the top prize in the Best Garden Apartment Community (Four Stories or Less) category at the Multifamily Pillars of the Industry Awards 2023. | Crescent Communities |
| National Association for Industrial and Office Parks (U.S.) | Sumitomo Forestry’s subsidiary Crescent Communities received 2024 Developer of the Year award for a real estate development company that best exemplifies leadership and innovation in the commercial real estate industry across the U.S. | Crescent Communities |
*Results for the period from January 2024 to March 11, 2025.
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