DRIVEN BASE

Outside Evaluation and Awards

Outside Evaluation

External Recognition

DENSO is highly evaluated of their actions about ESG (environment, society, corporate governance) and becomes the constituent of an index of both domestic and foreign socially responsible investment (SRI) or the fund.

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FTSE4 Good Index Series

One of the indexes calculated by the London Stock Exchange—owned FTSE Group that selects component stocks based on their ESG performance, specifically, environmental management, climate change mitigation, human rights and workers' rights, supply chain labor standards, and bribery and corruption prevention.

FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Denso Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

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FTSE4 Blossom Japan Index

DENSO CORPRATION announces it has been included in the FTSE Blossom Japan Index. Created by the global index company FTSE Russell, the FTSE Blossom Japan Index is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong environmental, social and governance (ESG) practices in Japan.

FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE Blossom Japan Index meet a variety of environmental, social and governance criteria."

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FTSE Blossom Japan Sector Relative Index

The FTSE Blossom Japan Sector Relative Index is designed to measure the performance of Japanese companies that demonstrate relatively strong environmental, social, and governance (ESG) practices in their respective sectors. To promote the transition to a low-carbon economy, companies with particularly high greenhouse gas emissions are only included if their improvement efforts are recognized based on their TPI Management Quality Score.

FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that DENSO CORPORATION has satisfied the requirements to become a constituent of the FTSE Blossom Japan Sector Relative Index as a result of an independent assessment.
The FTSE Blossom Japan Sector Relative Index is widely used to create and evaluate sustainable investment funds and other financial products.

  • MSCI ESG Leaders Indexes

MSCI ESG Leaders Indexes

The MSCI ESG Leaders Indexes are offered by the U.S.-based finance company MSCI Inc. These indexes recognize companies that are highly evaluated for their ESG-related initiatives.

  • MSCI Japan ESG Leaders Indexes

MSCI Japan ESG Leaders Indexes

The MSCI Japan ESG Leaders Indexes are also offered by MSCI Inc.
These indexes select companies by industry that are highly evaluated for their ESG-related initiatives from among the companies included in the MSCI Japan IMI Top 500 Index.

THE INCLUSION OF DENSO 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 DENSO 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

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S&P/JPX Carbon Efficient Index

The S&P/JPX Carbon Efficient Index is based on the Tokyo Stock Price Index (TOPIX), a representative stock price index that illustrates trends in the Japanese market, and determines the weighting of companies by focusing on their disclosure of environmental information and their level of carbon efficiency (carbon emissions per unit of revenue). By applying such rules as raising the weighting of companies that sufficiently engage in the disclosure of environmental information and companies that have high carbon efficiency (low carbon emissions per unit of revenue), the S&P/JPX Carbon Efficient Index encourages market-wide environmental initiatives and information disclosure with the aim of invigorating the stock market.

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Moody’s ESG Solutions

A leading ESG assessment firm in the global ESG research market
DENSO has developed a framework for green, social, and sustainability bonds and received a second party opinion (SPO) from the certification authority Moody’s ESG Solutions (formerly Vigeo Eiris).
In addition to promoting sustainability management, we will strengthen our fundraising activities to contribute to sustainability from a financial standpoint.

Other Evaluations and Awards

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New Diversity Management Selection 100

In 2016, DENSO received this award, which is given to companies that are improving corporate value via initiatives to maximize diverse human resources through diversity management.

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Superior Health & Productivity Companies (the White 500) Program

This program, which is jointly promoted by the Tokyo Stock Exchange and the Nippon Kenko Kaigi (Japan Health Council), is not restricted to listed companies and recognizes large corporations that implement superior health and productivity management in collaboration with health insurers. DENSO has been recognized by this program for six consecutive years, beginning in 2017.

Ranking for Sustainability

Name of external evaluation
(Evaluating organization)
Fiscal 2018 Fiscal 2019 Fiscal 2020 Fiscal 2021 Fiscal 2022
"CSR Ranking (Japan)"
(Toyo Keizai Inc.)
7th 9th 27th 23th 19th