Tokyo, Japan - November 22, 2023
Yokogawa Electric Corporation has received the highest rating of AAA in the 2023 MSCI ESG Ratings, a globally recognized ESG investment evaluation index. The receipt of the AAA rating, up from the previous AA rating, is a first for the company, and an acknowledgment of its robust corporate governance, effective human resources development, and business initiatives that help to solve social issues.
For the MSCI ESG Ratings, companies are rated on a seven-point scale of AAA to CCC according to their exposure to industry-specific ESG risks and their ability to manage those risks relative to their industry peers.
In addition, Yokogawa Electric is a constituent of all the ESG indices* adopted by Japan's Government Pension Investment Fund (GPIF) for the selection of Japanese equities (as of November 21, 2023).
Yokogawa has set the "Three goals" for sustainability to achieve its vision for society by 2050, and has identified the key sustainability issues and areas where it can contribute toward their achievement. It will continue to contribute to society through its business activities, with the aim of achieving a sustainable society in line with Yokogawa's Purpose — "Utilizing our ability to measure and connect, we fulfill our responsibilities for the future of our planet.”
* FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, MSCI Japan ESG Select Leaders Index, MSCI Japan Empowering Woman Index (WIN), Morningstar Japan ex-REIT Gender Diversity Tilt Index, S&P/JPX Carbon Efficient Index
The use by Yokogawa Electric Corporation of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks, or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Yokogawa Electric Corporation by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is” and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
For more information
The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Yokogawa Electric Corporation or their respective holders.