External Recognition

External Recognition

Awards and Recognition by Third Parties in fiscal 2023

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 been included in the following ESG Indices as of March 2024.

DJSI(Dow Jones Sustainability Indices)

One of the most trusted index for companies' environmental and sustainability index developed by Dow Jones & Company in 1999. The index surveys approximately 3,500 companies included in the Dow Jones Global Index around the world on their economic, environmental, and societal aspects. The Dow Jones Sustainability World Index and the Dow Jones Sustainability Asia Pacific Index selected Sumitomo Forestry for inclusion as a brand in December 2023. This is the 16th time Sumitomo Forestry has been selected as a member for the Dow Jones Sustainability Indices series.

Received the Highest Valuation in S&P Global Corporation’s Sustainability Rating

Sumitomo Forestry received the highest valuation "Gold Class" in sustainability rating of the S&P Global Inc., a global company responsible for evaluating social responsibility investment (SRI), for the sixth consecutive year. In 2024, we received a score of 75 out of 100, the highest in the housing construction sector. Sumitomo Forestry Co., Ltd. has been consecutively selected in the fourth years with the highest valuation "Gold Class" in sustainability rating of the S&P Global Corporation, a global company responsible for evaluating social responsibility investment (SRI). S&P Global Corporation evaluate initiatives in economic, environmental, and social aspects of 9,400 large-scale enterprises or more worldwide, and publishes the top 15% of these enterprises in each of 62 industries in the "Sustainability Yearbook 2024" as "Company with excellent sustainability". Among these, the top 1%, top 5% and top 10% of companies are selected as particularly excellent. A total of 83 Japanese companies were selected as company with excellent sustainability with just six of these, including Sumitomo Forestry, in the top 1%.

Sumitomo Forestry Makes Climate Change A List in CDP 2023

Sumitomo Forestry Co., Ltd. has been selected by "Climate Change A List" as an enterprise in the eighth consecutive year - which achieves highest rating from CDP, a NGO, making a sustainable society come true. Since the evaluation criteria were changed in 2016, only four Japanese enterprises, including Sumitomo Forestry, have been selected in the eighth consecutive year.

*CDP Forest: A-  CDP Water: 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.

FTSE4Good Global Index

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 Index

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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FTSE Blossom Japan Sector Relative Index

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 Nihonkabu ESG Select Leaders Index

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.

MSCI Japan Empowering Women Index (WIN)

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.

S&P/JPX Carbon Efficient Index

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 will be selected. Sumitomo Forestry was selected as “Group 1” of the highest evaluation.

Morningstar Japan ex-REIT Gender Diversity Tilt Index (excluding REIT)

Bloomberg Gender-Equality Index

Bloomberg selected Sumitomo Forestry as part of the 2023 Bloomberg Gender-Equality Index (GEI) in January 2023. This is the third consecutive year that Sumitomo Forestry has been selected as a GEI index companies. GEI is an index that evaluates the transparency of corporate informational disclosure on gender as well as company's gender equality initiatives and performance. The GEI assessed our gender equality initiatives and selected Sumitomo Forestry as one of 485 companies with head offices in 45 countries and regions (15 of which are Japanese companies).

Bloomberg Gender-Equality Index

SOMPO Sustainability Index

The SOMPO Sustainability Index is an ESG evaluation by Sompo Asset Management Co., Ltd. Evaluated based on an environmental survey by Sompo Risk Management and a social and governance survey by IntegreX Inc., Sumitomo Forestry has been consecutively included in the SOMPO Sustainability Index since fiscal 2013.

SOMPO Sustainability Index

Others

Other Evaluations and Awards*

Award/Organiser Recognition Scope of Recognition
Ministry of the Environment Sumitomo Forestry won the gold prize for the first time in the Environmentally Sustainable Company Division of the fifth ESG Finance Award Japan.
Sumitomo Forestry
Ministry of Economy, Trade and Industry Sumitomo Forestry was recognized as a Certified Health and Productivity Management Organization 2024 (Large Enterprise Category).
Sumitomo Forestry
Tokyo Metropolitan Government Sumitomo Forestry received an Encouragement Prize at the Wood City TOKYO Model Architecture Award. https://sfc.jp/information/news/2023/2023-02-17.html (in Japanese) Sumitomo Forestry
Chiba prefecture “Maruyama Post Office” won a prize at the 29th Chiba Prefectural Architecture & Culture Award. https://sfc.jp/information/news/2023/2023-03-30.html (in Japanese) Sumitomo Forestry
Japan Wood Design Association Sumitomo Forestry received the Japan Wood Design Award for the ninth consecutive year in 2023
https://sfc.jp/information/news/2023/2023-10-20-02.html (in Japanese)
Sumitomo Forestry
Japan Institute of Design Promotion “Rigid-joint climbing-beam house by wooden beam Rahmen structure” won “2023 Good Design Award”
https://sfc.jp/information/news/2023/2023-10-06.html (in Japanese)
Sumitomo Forestry
Kids Design Association “Wooden deck to Extend Your Life”, connected to living room, won the “17th Kids Design Award”.
https://sfc.jp/information/news/2023/2023-08-25.html (in Japanese)
Sumitomo Forestry
Nikkei Inc. Won Encouragement Prize in Research Category of NIKKEI Decarbonization Award 2022 https://sfc.jp/information/news/2023/2023-03-16.html (in Japanese) Sumitomo Forestry
Association for Resilience Japan Won Excellence Award in the Corporate and Industrial Sector of the Japan Resilience Award 2023
https://sfc.jp/information/news/2023/2023-04-12.html (in Japanese)
Sumitomo Forestry
Japan Federation of Printing Industries and Sankei Shimbun Co., Ltd. Sumitomo Forestry took home the Gold Prize and Special Prize at the 75th National Calendar Exhibition for its original 2024 calendar called “Forests of Sumitomo Forestry.” https://sfc.jp/information/news/2023/2023-12-25-01.html (in Japanese) Sumitomo Forestry
Oricon ME Inc. Sumitomo Forestry Home Service was selected as the top ranking of Oricon Customer Satisfaction for 2023, 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 two consecutive years, the highest ranking, in the Pride Index 2023 which evaluates LGBTQ initiatives in the workplace.
https://sfc.jp/information/news/2023/2023-11-08.html (in Japanese)
Sumitomo Forestry
Japan Vocational Ability Development Association Participants from Sumitomo Forestry received a Gold Medal, Silver Medal, Bronze Medal, and Fighting Spirit Award at the 61th National Skills Competition in the Carpentry Category and Plastering Category. https://sfc.jp/information/news/2023/2023-11-28.html (in Japanese) Sumitomo Forestry Home Engineering
Good Design Australia, an international design promotion organization An urban park in Sydney designed and constructed by Regal selected as a gold winner at Australian Good Design Awards.
https://sfc.jp/english/news/pdf/20231030_01.pdf
Regal

*Results for the period from January 2023 to March 11, 2024.

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