Guidelines Comparison Table and External Evaluation

Inclusion in SRI indexes

We believe that our selection for inclusion in the SRI (Socially Responsible Investment) Index is a recognition of our efforts to proactively promote sustainable management, including problem solving and social contribution activities through our business, as a company that takes social responsibility into consideration. We will continue to promote sustainable management by utilizing the strengths of our group.

*As of September 2023

FTSE Blossom Japan Sector Relative Index

MSCI ESG Leaders Indexes

We were listed on the FTSE Blossom Japan Sector Relative Index for FY 2023.
The FTSE Blossom Japan Index Series is designed to measure the performance of Japanese companies that demonstrate specific Environmental, Social and Governance (ESG) practices. The indexes are constructed so that industry or sector weights align with the Japanese equity market, while aiming to maintain similar ICB sector characteristics to the underlying universe. The index is used as an ESG investment index by the GPIF.

  • FTSE Russell confirms that Tokyu Corporation has been independently assessed according to the index criteria, and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Sector Relative Index. The FTSE Blossom Japan Sector Relative Index is used by a wide variety of market participants to create and assess responsible investment funds and other products.

MSCI

MSCI ESG Leaders Indexes

MSCI ESG Leaders Indexes

We were listed on the MSCI ESG Leaders Indexes for FY 2023.
The index is a stock price index that selects companies that excel in environmental, social, and governance (ESG) issues within their respective industries.

MSCI Japan ESG Select Leaders Index

MSCI ESG Leaders Indexes

We were listed on the MSCI Japan ESG Select Leaders Index for FY 2023.
The index is constructed by selecting companies with excellent ESG evaluations from among the constituents of the MSCI Japan IMI Top 700 Index. The index is used as an ESG investment index by the Government Pension Fund (GPIF).

MSCI Japan Empowering Women Index (WIN)

MSCI ESG Leaders Indexes

We were listed on the MSCI Japan Empowering Women Index (WIN) for FY 2023.
The Index is constructed by selecting companies from among the constituents of the MSCI Japan IMI Top 700 Index that excel in gender diversity. The index is used as an ESG investment index by the GPIF.

*THE INCLUSION OF TOKYU CORPORATION 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 TOKYU CORPORATION 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

 

S&P/JPX Carbon Efficient Index img

We were listed on the S&P/JPX Carbon-Efficient Index , which is jointly developed by S&P Dow Jones Indices and the Tokyo Stock Exchange (TSE) for FY 2023.
The index is designed to reduce the overall carbon footprint of the Index while maintaining a similar risk/return profile as the TOPIX, but with a larger weighting of companies with high carbon efficiency (low carbon emissions) and a smaller weighting of companies with low carbon efficiency (high carbon emissions). Our company is ranked second in terms of sufficient number among high-impact industrial groups, which have a large impact on the environment, and our contribution to environmental improvement is highly evaluated.

Morningstar Japan ex-REIT Gender Diversity Tilt Index(GenDi J)

MSCI ESG Leaders Indexes

We were listed on the Morningstar Japan ex-REIT Gender Diversity Tilt Index for FY 2023.
“GenDi J” is an index designed to include companies with a gender diversity policy as part of their culture and provide equal opportunities for employees regardless of gender, based on an evaluation that Morningstar Inc. in the U.S. utilizes the data and evaluation methods of Equileap in the Netherlands.
The index is used as an ESG investment index by the GPIF.

  • Morningstar, Inc., and/or one of its affiliated companies (individually and collectively, “Morningstar”) has authorized Tokyu Corporation to use of the Morningstar Japan ex-REIT Gender Diversity Tilt Logo (“Logo”) to reflect the fact that, for the designated ranking year, Tokyu Corporation ranks in the top quintile of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt IndexSM (“Index”) on the issue of gender diversity in the workplace. Morningstar is making the Logo available for use by Tokyu Corporation for informational purposes. Tokyu Corporation use of the Logo should not be construed as an endorsement by Morningstar of Tokyu Corporation or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with Tokyu Corporation. The Index is designed to reflect gender diversity in the workplace in Japan, but Morningstar does not guarantee the accuracy, completeness or timeliness of the Index or any data included in it. Morningstar makes no express or implied warranties regarding the Index or the Logo, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index, any data included in it or the Logo. Without limiting any of the foregoing, in no event shall Morningstar or any of its third party content providers have any liability for any damages (whether direct or indirect), arising from any party’s use or reliance on the Index or the Logo, even if Morningstar is notified of the possibility of such damages. The Morningstar name, Index name and the Logo are the trademarks or services marks of Morningstar, Inc. Past performance is no guarantee of future results.