Feb 7, 2020   SOURCE: BusinessWire

MHI Selected for Inclusion in All Four GPIF ESG Investment Indices for a Second Consecutive Year

Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011) has been selected by Japan's Government Pension Investment Fund (GPIF), one of the world’s largest pension funds, as a constituent of all four of its indices used as references for making ESG (environmental, social, and governance) investments into Japan’s corporate sector. This is the second consecutive year for MHI to receive this recognition. Selection by GPIF reflects the high acclaim accorded to MHI Group’s ESG-related initiatives, specifically its response to environmental issues and social challenges, and bolstering of corporate governance.

GPIF issues four ESG indices:

1)

 

FTSE Blossom Japan Index:

 

 

A broad index incorporating overall ESG considerations based on FTSE Russell, an investment index calculator wholly owned by the London Stock Exchange.

2)

 

MSCI Japan ESG Select Leaders Index*:

 

 

A similar broad index based on MSCI, a U.S. provider of investment indices.

3)

 

MSCI Japan Empowering Women Index (WIN)*:

 

 

An MSCI index monitoring companies' gender diversity performance.

4)

 

S&P/JPX Carbon Efficient Index:

 

 

Index used to evaluate corporate performance in terms of carbon efficiency, according to S&P Dow Jones Indices.

*THE INCLUSION OF Mitsubishi Heavy Industries, Ltd. 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 Mitsubishi Heavy Industries,Ltd. 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.

The 3) and 4) indices respectively focus on ESG’s social (gender diversity) and environmental (carbon efficiency, etc.) aspects.

MHI has proactively undertaken diverse initiatives in each aspect of ESG in pursuit of sustainable social development, including reducing environmental burdens both internally and at customer sites, promoting women’s empowerment, conducting social contribution activities, and strengthening corporate governance and information disclosure. These efforts were recognized with MHI’s selection for these four indices, and in September 2019 for inclusion for a third consecutive year in the Asia Pacific Index of the Dow Jones Sustainability Indices (DJSI), one of the world’s leading investment indices for ESG performance.

Going forward, MHI Group will continue to remain aware of social trends, make efforts to expand its initiatives for the UN’s Sustainable Development Goals (SDGs) and ESG as well as ensure appropriate disclosure, and through its business activities, contribute to the building of a sustainable society.

About Mitsubishi Heavy Industries Group

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world’s leading industrial firms, with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit MHI’s website: www.mhi.com/index.html
For Technology, Trends and Tangents, visit MHI’s new online media SPECTRA: spectra.mhi.com