Yokogawa Electric Co., Ltd. has received the highest rating of AAA in the 2023 MSCI ESG Rating, the globally recognized ESG investment evaluation index. Yokogawa Electric has been upgraded from its previous AA rating to AAA, earning a AAA rating for the first time. This is a recognition of Yokogawa’s robust corporate governance, effective human resource development, and business initiatives that contribute to addressing social issues.
In MSCI ESG ratings, companies are rated on a 7-point scale from AAA to CCC based on their exposure to industry-specific ESG risks and their ability to manage those risks relative to industry peers.
In addition, Yokogawa is a constituent of all ESG indexes * used by the Government Pension Investment Fund of Japan (GPIF) when selecting Japanese stocks (as of November 21, 2023).
Yokogawa has developed “three goals” for sustainability to achieve its social vision by 2050 and identified key sustainability issues, as well as areas where it can contribute to achieving these goals. Yokogawa will continue to contribute to society through its business activities, aiming to achieve a sustainable society in line with its goals – “taking responsibility for building the future of the planet through the ability to measure and connect.”
* 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
Yokogawa Electric Corporation’s use of any data of MSCI ESG Research LLC or its affiliates (” MSCI “), and the use of the MSCI logo, trademark, service mark or index name, does not constitute sponsorship, endorsement, recommendation or promotion of Yokogawa by MSCI. MSCI Services and data are the property of MSCI or its information providers and are provided “as is” without warranties. The MSCI name and logo are trademarks or service marks of MSCI.