External Evaluation
The IDEC Group actively engages in ESG and other sustainability activities and information disclosure. Through these efforts, we have received various assessments from outside organizations.
Index Inclusion Status
Our efforts to date have been highly evaluated by rating agencies worldwide, and we have been selected as constituents for various indexes.
FTSE Blossom Japan Index / FTSE Blossom Japan Sector Relative Index
In 2022, for the first time, we were selected as a constituent of the FTSE Blossom Japan Index and the FTSE Blossom Japan Sector Relative Index developed by FTSE Russell.
We have been selected for the third consecutive year in 2024.
https://www.ftserussell.com/products/indices/blossom-japan
Morningstar Japan ex-Reit Gender Diversity Tilt Index
Built with the data and scoring methodology of Equileap (Netherlands), the Morningstar (U.S.) 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.
IDEC was first selected in 2023, and in 2024 it was selected as Group 1, the highest rating out of five levels.
https://indexes.morningstar.com/gender-diversity-indexes
Morningstar, Inc., and/or one of its affiliated companies (individually and collectively, “Morningstar”) has authorized IDEC Corporation to use of the Morningstar Japan ex-REIT Gender Diversity Tilt Logo (“Logo”) to reflect the fact that, for the designated ranking year, IDEC Corporation ranks in the top quintile of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt IndexSM (“Index”) on the issue of gender diversity in the workplace. Morningstar is making the Logo available for use by IDEC Corporation for informational purposes. IDEC Corporation use of the Logo should not be construed as an endorsement by Morningstar of IDEC Corporation or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with IDEC Corporation. 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 disclaim 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 any liability for 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.
JPX NIKKEI Mid Small
The new index applies the concept of the JPX-Nikkei Index 400, which is an index comprised of highly attractive listed companies, to mid and small cap equities by selecting companies that focus on capital efficiency and investor-oriented management, and aim to foster greater awareness of such issues among corporate executives.
S&P/JPX Carbon Efficient Index
This index is based on carbon emissions data from Trucost, S&P Dow Jones Indices, one of the largest independent index companies in the world, and it gives increased investment weight to companies in the TOPIX index that are highly carbon-efficient or disclose information about greenhouse gas emissions in their industry based on their market capitalization.
SOMPO Sustainability Index
This index has been used as a proprietary active index in “SOMPO Sustainable Management,” an ESG management product for pension funds and institutional investors that invests broadly in companies with high ESG ratings, and it was launched by SOMPO Asset Management Co., Ltd. in August 2012.
We were first selected for this index in 2021 and for the forth consecutive year in 2022, 2023, and 2024.
External Evaluation on Sustainability
Rated "B" score at CDP 2023 Climate Change Report
IDEC was rated a "B" score at the "Climate Report 2023" disclosed by CDP in February 2024. CDP is a non-profit organization (NGO) that was established in the UK in 2000 and is operated with support from investors in various countries. CDP surveys on climate change, forests, and water resource management for private companies and local governments and discloses the results. In 2023, more than 23,000 companies, equivalent to two-thirds of the world's market capitalization, disclosed environmental information through CDP questionnaires, The number of Japanese companies that responded was with approximately 2,000.
IDEC's "B" score for climate change in 2023 is at the management level in CDP's classification, which indicates that the a company understands its own environmental risks and impacts and takes actions on climate issues.
IDEC expressed our support for TCFD in 2021 and started to disclose climate-related financial information in 2022. Currently, IDEC addresses initiatives for achieving carbon neutrality in 2050.