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. received an 'A-' rating for Climate Change and a 'B' rating for Water Security from CDP.
We will continue to accelerate our efforts in these areas and contribute to a sustainable reduction in environmental impact.

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 (the trading name of FTSE International Limited and Frank Russell Company) confirms that Ushio Inc. has been independently assessed and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index. Created by the global index provider FTSE Russell, these indices are designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices and are used by a wide variety of market participants to create and assess responsible investment funds and other products.

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.

The MSCI Japan ESG Select Leaders Index consists of companies in this top 700 index that are considered to have relatively superior ESG initiatives within their industry sectors.

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.

The MSCI Nihonkabu ESG Select Leaders Index is a selection of stocks from the MSCI Nihonkabu IMI Index that have high ESG ratings within each industry sector.

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.

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 Index Logo (“Logo”) to reflect the fact that, for the designated ranking period, Ushio Inc. ranks within the top group of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt Index (“Index”) on the issue of gender diversityin the workplace. Morningstar is making the Logo available for use by Ushio Inc. solely for informational purposes. Ushio Inc.’s 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 disclaims 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 anyliabilityfor 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 55% and Scope 3 emissions by 48.3％ 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.

USHIO INC. has been selected as a Certification for Excellence in Health and Productivity Management (large enterprise category).
We believe that employees are the most important management resource that supports Ushio's sustainable growth, and efforts in health and productivity management also lead to the realization of our Management Philosophy of “Build both a prosperous Company and prosperous employees.“
As a “light“ innovation company, we will be able to contribute to society by creating the environment in which each and every employee is both in mentally and physically healthy, and continues to challenge while feeling job satisfaction and a sense of growth.

Ushio has received the Excellence Award in the Sustainability Category of the Daiwa Internet IR Awards 2025, hosted by Daiwa Investor Relations Co.Ltd.