Shimadzu Corporation is promoting measures to address a wide variety of societal challenges through corporate social responsibility (CSR) activities. Such measures have resulted in receiving recognition and awards from a variety of institutions that evaluate socially responsible investment (SRI) and other outside organizations.
Initiative
United Nations Global Compact
SHIMADZU CORPORATION has signed the United Nations Global Compact (UNGC) advocated by the United Nations, and joined the Global Compact Network Japan, a local network in Japan. The UNGC is a voluntary initiative for companies and organizations around the world to act as good citizens of society and achieve sustainable growth by demonstrating responsible and creative leadership.
Agreement with the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations
Shimadzu Corporation has announced its agreement with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and has joined the TCFD Consortium. Based on the TCFD recommendations, Shimadzu will proactively disclose information on both the risks and opportunities that climate change poses to our business from the perspective of strategy, risk management, and corporate governance.
SBT (Science Based Targets)
In October 2022, the FY 2030 Shimadzu Group CO2 emission reduction targets have been validated by the SBT (Science Based Targets) initiative as targets conforming to a level to limit air temperature increases to less than 1.5 °C in comparison to before the industrial revolution, in line with the Paris Agreement.
RE100
Shimadzu Corporation has joined RE100, a global environmental initiative, and pledged that the Shimadzu Group would use 100 % renewable energy in its business activities by 2050.
JCI:Japan Climate Initiative
Shimadzu Corporation has joined the Japan Climate Initiative, a network for realizing the decarbonisation of the environment. Japan Climate Initiative was established to reinforce discussions among companies, governments and NGOs, which are actively engaged in climate change measures in Japan.
Clean Ocean Material Alliance(CLOMA)
We are a member of the "Clean Ocean Material Alliance" (CLOMA), which aims to solve the ocean plastic problem. CLOMA was established to accelerate initiatives that transcend industry boundaries, such as proper management of plastic waste, promotion of the 3Rs, and development of alternative materials.
Index Incorporation Statuses
MSCI ESG Leaders Indexes
Shimadzu is included in the MSCI ESG Leaders Indexes, one of the global SRI indices. It selects companies that excel in ESG.
MSCI Japan ESG Select Leaders Index
Shimadzu is included in the MSCI Japan ESG Select Leaders Index, which selects brands in respective industry categories with a high ESG score based on overall environmental, social, and governance (ESG) risks. The index is also used as an indicator for evaluation by the Government Pension Investment Fund (GPIF).
MSCI Japan Empowering Women Index (WIN)
Shimadzu is included in the MSCI Japan Empowering Women Index (WIN), which selects companies in respective industry categories that promote the role of women and have a high gender diversity score. The index is also used as an indicator for evaluation by the Government Pension Investment Fund (GPIF).
FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index, developed by Global Index Provider FTSE Russel, is designed to measure the performance of Japanese companies that have relatively strong Environmental, Social, and Governance (ESG) practices in individual industries or sectors. This index is constructed so that industry or sector weights align with the Japanese equity market. In addition, this index supports the transition to a low carbon economy by selecting companies with high GHG emissions as constituent stocks only if they have achieved a reduction in GHG emissions based on the TPI Management Quality Score.The FTSE Blossom Japan Sector Relative Index is used by Japan’s Government Pension Investment Fund (GPIF) as a benchmark for passive ESG investment management.
JPX Prime 150 Index
JPX Prime 150 Index is a new index developed by JPX Market Innovation & Research, Inc., based on the concept of "Index composed of leading Japanese companies that are estimated to create value."
Of the top 500 TSE prime-listed stocks by market capitalization, 75 stocks each, in total 150 stocks were selected from two perspectives of value creation: 1) equity spread, the difference between ROE (return on equity) and cost of equity, and 2) PBR, a market valuation based on stock price. Shimadzu was selected based on PBR.
iSTOXX MUTB Japan Platinum Career 150 Index
Shimadzu Corporation is selected as constituent of the iSTOXX MUTB Japan Platinum Carrier 150 Index, an ESG index focusing on human capital, which was jointly developed by Mitsubishi UFJ Trust and Banking Corporation and STOXX, an index provider affiliated with the Deutsche Börse Group.
The index uses the evaluation items of Platinum Career companies in Toyo Keizai Inc.'s CSR survey data. The index recognizes 150 Japanese companies that actively contribute to employee career development by evaluating three aspects: long term view, active learning and social contribution.
S&P/JPX Carbon Efficient Index
Shimadzu Corporation is included in the S&P/JPX Carbon Efficient Index, which is an indicator for selecting companies with low carbon emission levels and that disclose suficcient information about carbon emission quantities. The index is also used as an indicator for evaluation by the Government Pension Investment Fund (GPIF).
SOMPO Sustainability Index
Shimadzu Corporation is included in the 2024 SOMPO Sustainability Index, managed by Sompo Asset Management Co., Ltd. This index is socially responsible investment (SRI) funds for pension trusts and institutional investors that invest broadly in firms that have strong positive evaluation ratings in each of the environment, society, and governance fields.
Recognition/Awards/Certifications from Outside Shimadzu
MSCI ESG Ratings
In 2024, Shimadzu Corporation received MSCI ESG Ratings of ‘AA’ for the second consecutive year. MSCI ESG Ratings is a global assessment index provided by MSCI (Morgan Stanley Capital International) ESG Research. This rating evaluates the companies’ activities for environmental, social, and governance-related initiatives, and rates the companies in seven grades from the highest rank ‘AAA’ to the lowest ‘CCC.’
CDP Ranking(2023)
The CDP is a non-profit organization that gathers and analyzes information about the activities by companies or other organizations to help solve climate change. Shimadzu's activities received a climate change score of A- and a water score of B.
EcoVadis
In 2023, a sustainability survey conducted by EcoVadis (Headquarters: France), Shimadzu Corporation received a "Bronze" rating. Ecovadis conducts extensive surveys and evaluations of over 50,000 suppliers in 150 countries, in "Environment", "Labor and Human Rights", "ethics" and "Sustainable procurement of materials".
Eco-First Company
The Eco-First commitment sees the Japanese Minister of the Environment offer certification to companies that are engaged in “advanced and independent industry-leading business activities” with regard to the environment.
On October 21, 2020, SHIMADZU Corporation was certified as an “Eco-First Company” by the Japanese Ministry of the Environment.
Japan Habitat Evaluation and Certification Program (JHEP Certification)
Shimadzu has established a "Shimadzu Forest" (8,000 m2) within the Head Office/Sanjo Works property. This green space was developed and is operated by the Ecosystem Conservation Society-Japan, which earned a AAA score, the highest available, from the Japan Habitat Evaluation and Certification Program (JHEP), a program to objectively and quantitatively evaluate biodiversity conservation or restoration measures.
Health & Productivity Stock Selection 2021-2023
For the third consecutive year, Shimadzu Corporation is selected as the "Health & Productivity Stock Selection" jointly by the Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange to select companies that are strategically pursuing employee health management from a managerial perspective.
"White 500" Company with Superior Health Management
For the eighth consecutive year, Shimadzu Corporation is recognized jointly by the Japanese Ministry of Economy, Trade and Industry and the Nippon Kenko Kaigi as a 2024 “White 500” company, which recognizes large corporations with outstanding health and productivity management practices.
Nadeshiko brand 2017-2022
For six consecutive years, Shimadzu Corporation has been selected as a Nadeshiko brand in recognition of being a publicly listed company that actively promotes the role of women in the workplace.
Nadeshiko brands are selected each year by the Japanese Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange from among all companies listed on the first, second, or Mothers sections of the Tokyo Stock Exchange or on the JASDAQ index in recognition of companies in each category that promote the active participation of women in the workplace.
Diversity Management Selection 100
Shimadzu is included in the Diversity Management Selection 100 list, which is a list of companies selected by the Japanese Ministry of Economy, Trade and Industry to publicize advanced measures by companies that use diversity to achieve better management results.
KURUMIN Certification
"The Platinum Kurumin certification system is a Japanese system in which the Ministry of Health, Labor and Welfare certifies companies that are actively engaged in high-level initiatives for nurturing the next generation, based on the Act on Advancement of Measures to Support Raising Next-Generation Children.
Our company was certified as "Platinum Kurumin" in 2024.
ERUBOSHI Certification
The “Eruboshi” certification system is a Japanese system in which the Ministry of Health, Labor and Welfare certifies excellent companies based on the Act on Promotion of Women's Participation and Advancement in the Workplace, regarding the promotion of women's active participation.
Our company was certified at the highest level of "3-Star Eruboshi" in 2023.
DX certification
The DX certification system is a Japanese system in which the government certifies companies that have established an environment conducive to promoting DX, in accordance with the basic principles of the "Digital Governance Code," based on the Act on Facilitation of Information Processing.
Our company was certified as a "DX Certified Business" by the Ministry of Economy, Trade and Industry in 2023.
Nikkei Smart work
Our company was evaluated highly for its ability to utilize human resources (S), innovation (S++), market development (S), and management foundation (A+).
*Nikkei evaluates on a scale of "C" to "S++".
Nikkei annual report awards 2018
Shimadzu received Award for Excellence at 2018 Nikkei Annual Report Awards.
Nikkei SDGs Survey
In a survey of the SDGs conducted by Nikkei, Shimadzu Corporation received an average rating of 4.0 stars.
Certifications to Shimadzu China
Shimadzu China has been certified by Shanghai city as a socially responsible company for 8 consecutive years.
In 2017, Shimadzu China was recognized as an economic contributor in Shanghai's tax district, and in 2018 it was recognized as an economic contributor in the Pudong New Area.
In 2018, Shimadzu China was commended throughout China for its exemplary workforce and in 2017 by Shanghai City for its progressive workforce.
Certification to Shimadzu Europa GmbH (Germany)
NRW.INVEST AWARD 2018
In the 50th year of its presence in Europe, Shimadzu has received the NRW.INVEST Award 2018, a prestigious award from North Rhine-Westphalia (NRW).
Copyright © NRW.INVEST/Jürgen Markus
Credit Rating
Rating agency | Rating | Date | Category |
---|---|---|---|
Japan Credit Rating Agency, Ltd. (JCR) | 「AA-」 | October, 2022 | Issuer |
Rating and Investment Information, Inc. (R&I) | 「A+」 | November, 2022 | Issuer |