External Evaluation and Initiatives

Ushio has declared its support for the Ten Principles of the UN Global Compact concerning human rights, labor standards, the environment and anticorruption. We have joined the local UN network supporting the compact, Global Compact Network Japan. In September 2015, the UN adopted the Sustainable Development Goals (SDGs), and amid rising interest in social issues, we are working to promote all facets of CSR among the many other participating companies and NGOs. To this end, we are continuing to play an active role in sectional activities for sharing information on necessary specific measures and enhancing the activities of each company.

Ushio Inc. has received a "B-" rating from CDP in recognition of the company’s climate change initiatives.
Looking ahead, we will continue to accelerate our efforts to address climate change and contribute to sustainably reducing environmental impact.

Ushio has been selected for inclusion in FTSE-Russell’s FTSE4Good Index Series of socially responsible companies worldwide. Furthermore, Ushio has been selected for the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index of Japanese companies with outstanding ESG programs.

Note: FTSE Russell (a registered trademark of FTSE International Limited and Frank Russell Company) has certified that Ushio Inc. meets the requirements for inclusion in the FTSE 4Good Index, FTSE Blossom Japan Index, and FTSE Blossom Japan Sector Relative Index based on a third-party assessment. Produced by the global index firm FTSE Russell, the FTSE Blossom Japan Index is designed to measure the performance of Japanese companies with outstanding ESG programs. The FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index are used as a benchmark for the establishment and evaluation of investment funds and other financial products focused on sustainable investment.

The MSCI Japan Empowering Women Index (WIN) consists of companies in this top 700 index that have excellent gender diversity within their respective industries in accordance with a gender diversity score newly developed by MSCI.

Note: THE INCLUSION OF USHIO INC.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 USHIO INC. 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.

Ushio is selected Morningstar Japan ex-REIT Gender Diversity Tilt Index that Morningstar, Inc. evaluate for company's gender diversity initiatives. The index is classified into five groups. Ushio is in Group 1, the highest ranking.

Morningstar, Inc., and/or one of its affiliated companies (individually and collectively, "Morningstar") has authorized Ushio Inc. to use of the Morningstar Japan ex-REIT Gender Diversity Tilt Logo ("Logo") to reflect the fact that, for the designated ranking year, Ushio Inc. ranks in the top quintile of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt Index^SM ("Index") on the issue of gender diversity in the workplace. Morningstar is making the Logo available for use by Ushio Inc. for informational purposes. Ushio Inc. use of the Logo should not be construed as an endorsement by Morningstar of Ushio Inc. or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with Ushio Inc. 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.

The S&P/JPX Carbon Efficient Index is designed to measure the performance of companies in TOPIX, an index calculated and provided by the Tokyo Stock Exchange. Ushio is included in this global environmental stock index that evaluates carbon emissions in relation to each company’s sales.

Ushio has been selected for inclusion in SOMPO Sustainability Index that was created by Sompo Asset Management Co.,Ltd., that is used for SOMPO Sustainable Investments, is an asset management product for pension funds and institutional investors that targets about 300 companies that excel in ESG initiatives.

In light of recent global trends related to climate change, Ushio obtained SBT certification in 2018 and is currently considering specific issues with the goal of reducing Scope 1 and 2 GHG emissions by 45% and Scope 3 emissions by 33% by fiscal 2030 compared to fiscal 2017, as well as achieving carbon neutrality at Ushio by fiscal 2050.
Moving forward, to achieve these targets, each division will not only carry out their own activities to reduce CO₂ emissions, but we will also actively work to reduce CO₂ emissions in the product specification stage considered Scope 3 by developing green products.

We believe that human capital is the most important management resource that supports Ushio’s sustainable growth. We are striving to create working environments with safety and reassurance and that are comfortable for employees, such as by streamlining working hours and supporting employees returning to work after taking leave.
In recognition of these initiatives, we were selected as a Certified Health & Productivity Management Outstanding Organization (large enterprise category). We will create working environments where each and every employee can maintain and improve their physical and mental health, feel job satisfaction and growth, and continue to take on challenges.