External Evaluation
Inclusion in SRI Indices
FTSE4Good Index Series
Published by FTSE Russell, world's leading investment calculator wholly owned by the London Stock Exchange.
Company that satisfy its ESG standards are selected for the index.
FTSE Blossom Japan Index
Published by FTSE Russell, world's leading investment calculator wholly owned by the London Stock Exchange.
Using the evaluation scheme of the FTSE4Good Japan Index, and it consists of Japanese companies with excellent ESG performance.
This index is one of the ESG indexes that the Government Pension Investment Fund (GPIF), the world's largest pension funds, reference for its ESG investments.
FTSE Blossom Japan Sector Relative Index
Published by FTSE Russell, world's leading investment calculator wholly owned by the London Stock Exchange.
Evaluated Japanese companies from three perspectives: ESG assessment in each sector, carbon intensity (greenhouse gas emissions per unit of sales), and management attitude toward corporate climate change risks and opportunities.
This index is one of the ESG indexes that the Government Pension Investment Fund (GPIF), the world's largest pension funds, reference for its ESG investments.
S&P/JPX Carbon Efficient Index
The index is published by the S&P Dow Jones Index, one of the world's largest independent index companies, based on carbon emissions data provided by Trucost, a pioneer in environmental assessment. It focuses on the state of disclosure of environmental information and the level of carbon efficiency.
This index is one of the ESG indexes that the Government Pension Investment Fund (GPIF), the world's largest pension funds, reference for its ESG investments.
MSCI ESG Leaders Index (*1)
Published by the stock index provider MSCI (Morgan Stanley Capital International), the index selects companies with excellent ESG performance from top 500 stock by market capitalization.
MSCI Japan ESG Select Leaders Index (*1)
An ESG Composite Index based on ESG research from MSCI, which is used by more than 1,000 companies worldwide. It consists of Japanese stocks with relatively high ESG ratings in the industry.
This index is one of the ESG indexes that the Government Pension Investment Fund (GPIF), the world's largest pension funds, reference for its ESG investments.
MSCI Japan Empowering Women Index (WIN) (*1)
Comprised of Japanese companies that lead the industry in gender diversity initiatives while maintaining the ESG performance of MSCI.
This index is one of the ESG indexes that the Government Pension Investment Fund (GPIF), the world's largest pension funds, reference for its ESG investments.

Euronext Vigeo World 120 Index
Published by NYSE Euronext and ESG rating agency V.E. (part of Moody's ESG Solutions). The index is composed of the top 120 companies (of which 18 are Japanese companies) in terms of environment, social, and governance in Europe, North American, and Asia-Pacific regions.
*1 THE INCLUSION OF OBAYASHI CORPORATION 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 OBAYASHI CORPORATION 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.
Other Sustainability Evaluations and Certifications
CDP Climate Change 2022
The report is issued by CDP, an international non-profit organizaition based in London. CDP assesses companies and municipalities in terms of their activities and strategy toward climate change. Companies with particularly good efforts are named to the Climate Change A List. In 2022, 283 companies (of which 74 were Japanese companies) were named to the A List.
SBT(Science Based Targets)
These are greenhouse gas emission reduction targets set by companies for 5 to 15 years in the future that are consistent with the level sought by the Paris Agreement (aiming to keep the global rise in temperature to well-below 2℃ compared to before the Industrial Revolution, with aims to further constrain this warming to 1.5℃). SBT initiative is operated by the partnership of CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI), and World Wildlife Fund (WWF). Obayashi group's GHG emission reduction targets approved by SBTi in October 2022.
Highest Rank of L-boshi Certification
In the L-boshi Certification, the Minister of Health, Labour and Welfare certifies companies that satisfy certain criteria under the Act on Promotion of Female Participation and Advancement in the Workplace as demonstrating excellence in their promotion of women's participation and advancement.
Digital Transformation Stock (DX Stock)
The DX Stocks selects companies listed on the Tokyo Stock Exchange that have established internal mechanisms to promote DX that leads to enhancing corporate value and have demonstrated excellent digital utilization.
Related Information
- Selected for CDP Climate Change A List for the Third Year in a Row (2022.12.20)
- Selected as "Supplier Engagement Leader" for the second year in a row (2022.2.21)
- Continued to be selected as a constituent of FTSE4 Good Index Series, FTSE Blossom Japan Index, and other major ESG investment indices (2020.08.19)