Evaluation by Society

Inclusion in ESG Investment Indices

ESG indices for Japanese stocks adopted by the Government Pension Investment Fund (GPIF)

There is a total of six ESG indices for Japanese stocks adopted by GPIF, and Kanematsu has been selected as a component of the following four of them. (as of June 2023)

FTSE Blossom Japan Sector Relative Index

The FTSE Blossom Japan Sector Relative Index is designed to measure Japanese company performance demonstrating specific Environmental, Social and Governance (ESG) practices. It selects Japanese companies in the top 50% of each sector and with ESG Scores 2.0 and above. The sector has a sector-neutral approach to minimize sector bias by matching weights with those of the underlying Index. To support the climate transition to a low-carbon economy, in the case of the top 10% of stocks in terms of GHG emissions per net sales, the TPI Management Quality (MQ) Score (*Note 1) is used to select a component.
Sustainability site

Note 1: The TPI Management Quality (MQ) Score is a score which uses disclosed corporate information to evaluate the quality of a company's management of its greenhouse gas emissions and its response to risks and opportunities associated with the transition to a low-carbon economy.

S&P/JPX Carbon Efficient Index

The S&P/JPX Carbon Efficient Index is designed to measure the performance of companies in the Tokyo Stock Price Index (TOPIX), while overweighting or underweighting those companies that have lower or higher levels of carbon emissions per unit of revenue.
Our CO₂ emissions data

MSCI Japan Empowering Women (WIN) Select Index

The MSCI Japan Empowering Women (WIN) Select Index, which is part of the MSCI environmental, social and governance (ESG) indexes, aim to represent the performance of companies that are leading within their GICS®[1] sector in terms of promoting and maintaining gender diversity. It looks at the top 700 Japanese companies by market capitalization. Companies that promote and maintain higher levels of gender diversity among their workforce may be better positioned to withstand talent shortages and generate more sustainable performance with reduced risk.
Our gender diversity data

[1]The Global Industry Classification Standard (GICS) developed by MSCI Inc. and S&P Global.

Morningstar Gender Diversity Index

The Morningstar Gender Diversity Indexes are designed to emphasize the stocks of companies that have strong gender diversity policies embedded in their corporate culture and that ensure equal opportunities to employees, irrespective of their gender. Screening process considers the four categories of the Equileap Gender Equality Scorecard™: “Gender balance in leadership & workforce”, “Equal compensation & work-life balance”, “Policies promoting gender equality”, and “Commitment transparency & accountability”.
Our gender diversity data

ESG Ratings

MSCI ESG Research

Kanematsu has received BBB scores as of June 2023.

※MSCI ESG Ratings aim to measure a company’s management of financially relevant ESG risks and opportunities. They use a rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers. ESG Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC).


CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Replies from them, together with their scores, are provided to institutional investors. Kanematsu has been responding to the questionnaire since 2022. Based on our response to the questionnaire carried out in 2023, we received the following scores: Climate Change: B.

External evaluation related to the promotion of woment in the workplace

In December 2020, Kanematsu was granted "Platinum Kurumin" certification by the Ministry of Health, Labour and Welfare's Tokyo Labour Bureau. This special certification is granted to "Kurumin" certified companies that are implementing especially high-level initiatives to support their employees in balancing work and childcare.

In 2022, Kanematsu was granted "Eruboshi" certification by the Ministry of Health, Labour and Welfare's Tokyo Labour Bureau. This initiative certifies companies that have implemented excellent efforts to promote women in the workplace. Kanematsu was certified as the second of three levels, found to meet the standards in the four categories of "recruitment," "continuous employment," "working hours and other working methods," and "various career development courses."

Recognition as 2024 Certified Health and Productivity Management Outstanding Organization

In recognition of our health and productivity management initiatives, we were chosen as a 2024 Certified Health and Productivity Management (H&PM) Outstanding Organization according to the Certified H&PM Organization Recognition Program (Large Enterprise Category) organized by the Ministry of Economy, Trade and Industry.