SustainabilityParticipation in Initiatives and External Recognition
Participation in Initiatives
#Here We Go 203030
Challenge for Raising the Ratio of Female Executives to 30% by 2030
This is an initiative announced by Keidanren (Japan Business Federation) in November 2020 to promote active participation in the workplace by diverse people. “The NEW Growth Strategy” focuses on diversity and inclusion as the key drivers for achieving sustainable growth and upholds the goal of raising the ratio of female executives to 30% or more by 2030.
Japan Clean Ocean Material Alliance (CLOMA)
This platform was set up with the aim of addressing the emerging concerns regarding marine plastic by seeking sustainable use of plastic products, as well as developing, introducing, and popularizing alternative products that will lead to waste reduction. The alliance plans and promotes activities across industries for the business community as a whole, and it seeks sustainable development through materials in a united effort between the public and private sectors.
United Nations Global Compact
In this voluntary initiative, companies and organizations participate in the creation of a global framework for realizing sustainable growth by demonstrating responsible and creative leadership as a good member of society.
Under the Global Compact, companies are required to embrace and support essential values in the fields of human rights, labour, environment, and anti-corruption.
Sustainable Development Goals (SDGs)
The SDGs are common goals of the international community proposed under the 2030 Agenda for Sustainable Development, which was unanimously adopted by member countries during a United Nations summit meeting held in September 2015. The SDGs consist of 17 goals and 169 targets aimed at creating a sustainable and better world by 2030, and participants have pledged to realize a society that leaves no one behind.
Responsible Care
In the chemical industry, each company that handles chemical substances engages in activities for preserving the environment and ensuring safety and health at every stage of operations, from product development and manufacturing to distribution, use, final consumption and recycling, as well as disclosing the results of their activities and holding dialogues and communicating with society. These activities are called Responsible Care (RC) activities.
TCFD Sponsorship
The Task Force on Climate-related Financial Disclosures (TCFD) was established by the Financial Stability Board (FSB) at the behest of the G20 to consider how best to disclose climate-related information and what actions financial institutions should take. In its Final Report, the TCFD recommends corporations identify the impacts of climate change on their finances and encourages information disclosure.
External Recognition
Certified as a “White 500” Organization under the 2022 Certified Health and Productivity Management Outstanding Organizations Recognition Program
The name of this program is a comprehensive term for large enterprises that have been certified as organizations engaging in excellent health and productivity management in collaboration with insurers.
Companies are certified under the framework, jointly led by Japan’s Ministry of Economy, Trade and Industry (METI) and the Nippon Kenko Kaigi, to recognize organizations that are practicing particularly excellent health and productivity management.
Eruboshi Three-Star Certification
The Eruboshi certification recognizes companies that meet certain requirements, such as excellence in implementing initiatives on female participation and advancement, from among those that formulate and submit their action plan as business owners. Three stars signify the highest level of Eruboshi certification, given to companies that meet all five criteria, including the ratio of executives and work hours, and publish the results each year in a database of companies that promote women’s careers.
“Leading Company with Active Women Participation” Certification from Osaka City
Osaka City certifies companies and organizations that actively create workplace environments that are friendly to women based on a set of criteria under its “Leading Company with Active Women Participation” program. Through the certification, the city aims to develop social recognition for these companies to broadly promote their initiatives.
Selected as a Constituent of the MSCI Japan ESG Select Leaders Index
The MSCI Japan ESG Select Leaders Index is comprised of companies that score relatively highly in terms of environment, social and governance (ESG) aspects from among the constituents of the MSCI Japan IMI Top 500 Index.
Selected as a Constituent of the MSCI Japan Empowering Women Index (WIN)
The MSCI Japan Empowering Women Index (WIN) is comprised of companies that excel in promoting gender diversity within their sectors. They are selected by MSCI from among the constituents of the MSCI Japan IMI Top 700 Index by calculating gender diversity scores from multiple perspectives based on data related to female employment disclosed under the Act on the Promotion of Female Participation and Career Advancement in the Workplace.
MSCI Japan Empowering Women Index (WIN)
- *The inclusion of Daicel 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 Daicel 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.
Selected as a Constituent of the FTSE4Good Index Series
The FTSE4Good Index Series, created by FTSE Russell, is designed to measure the performance of companies that excel in ESG (Environmental, Social and Governance) responsiveness.
*FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Daicel Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
Selected as a Constituent of the FTSE Blossom Japan Index
The FTSE Blossom Japan Index, created by FTSE Russell, is designed to measure the performance of Japanese companies with high ESG (Environmental, Social and Governance) ratings. The index is calibrated in line with the composition of the Japanese equity market to ensure that the companies included in the index are not biased towards any industry sectors.
FTSE Blossom Japan Index Series
*FTSE Russell confirms that Daicel Corporation has been independently assessed according to the index criteria, and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Index. Created by the global index and data provider FTSE Russell, the FTSE Blossom Japan Index is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE Blossom Japan Index is used by a wide variety of market participants to create and assess responsible investment funds and other products.
Selected as a Constituent of the FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index, created by FTSE Russell, is designed as a sector neutral benchmark that reflects the relative performance of companies demonstrating strong environmental, social, and governance practices in that sector. To promote a low carbon economy, for companies with particularly significant greenhouse gas emissions, index inclusion is granted only to those whose TPI* Management Quality Score reflects a strong commitment to reducing such emissions.
*Transition Pathway Initiative (TPI) is a global initiative established under the leadership of asset owners in the UK in 2017 to support efforts to address climate change
FTSE Blossom Japan Index Series
- *FTSE Russell confirms that Daicel Corporation has been independently assessed according to the index criteria, and has satisfied the requirements to become each constituent of the FTSE Blossom Japan Sector Relative Index. FTSE Blossom Japan Sector Relative Index are used by a wide variety of market participants to create and assess responsible investment funds and other products.
Awarded the Silver Medal from EcoVadis (Sustainability Rating) for Our Sustainability Efforts
EcoVadis is an organization that rates companies based on the information they publish pertaining to the environment, labor, human rights, ethics, and their use of sustainable materials, as well as their related strategies and initiatives. It provides well-trusted ratings by analyzing corporate data with regard to each company's industry, size, and location.
The silver medal is given to the top 25% of all companies rated by EcoVadis.
Selected as a Constituent of the S&P/JPX Carbon Efficient Index
The S&P/JPX Carbon Efficient Index determines the weight of companies in the TOPIX index based on the environmental information they disclose and their carbon efficiency (carbon emissions per unit of revenue).
Selected as a Constituent of the SOMPO Sustainability Index
“SOMPO Sustainability Index” is an index for active fund originally designed by Sompo Asset Management Co., Ltd. Based on the list of constituents (about 300 companies that are excellent at Environment, Social and Governance (ESG) management) selected by Sompo Risk Management Co., Ltd. every year, Sompo Asset Management Co., Ltd. originally chooses the companies as its constituents taking account of the companies’ fundamental value. Sompo Asset Management Co., Ltd. uses this index for its asset management product, “Sustainable funds management”.
