External Recognition

  1. ESG Index and External Recognition
  2. Evaluations and Awards for ESG Initiatives

The Yamaha Group is working to understand the impact of its business activities on the environment and society and to pursue dialogue with stakeholders while addressing social issues to help create a sustainable society. These efforts have won recognition from external institutions, leading Yamaha Group companies to be included in various domestic and overseas environmental, social, and governance (ESG) indexes and funds.


FTSE4Good Global Index

The FTSE4Good Global Index is an index compiled by FTSE Russell, a firm owned by the London Stock Exchange, that evaluates companies based on ESG perspectives. Yamaha Corporation has been included in this index every year since 2002.

[ logo ] FTSE4Good Global Index

FTSE Blossom Japan Index*

The FTSE Blossom Japan Index is an index compiled by FTSE Russell comprised of Japanese companies that excel based on ESG perspectives.

[ logo ] FTSE Blossom Japan Index
FTSE Russell (the trading name of International Limited and Frank Company) confirms that Yamaha 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.

MSCI ESG Ratings

In 2020, Yamaha Corporation received a rating of AA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.

[ logo ] MSCI ESG rating
THE USE BY YAMAHA CORPORATION OFANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF YAMAHA CORPORATION BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.

MSCI ESG Leaders Indexes

The MSCI ESG Leaders Indexes are a series of ESG indexes developed by MSCI Inc. of the United States. These indexes are comprised of companies that excel based on ESG perspectives.

[ logo ] MSCI ESG Leaders indexes

MSCI Japan ESG Select Leaders Index*

The MSCI Japan ESG Select Leaders Index is an index developed by MSCI Inc. of the United States. This index is comprised of companies from among MSCI Japan IMI Top 500 Index-listed companies that exhibit excellence in ESG evaluations.

[ logo ] MSCI Japan ESG Select Leaders Index
The inclusion of Yamaha 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 Yamaha 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.

S&P/JPX Carbon Efficient Index*

The S&P/JPX Carbon Efficient Index is an ESG investment index that was newly adopted by the Government Pension Investment Fund (GPIF). This index is compiled by S&P Dow Jones Indices LLC, a world-leading financial market index company.


S&P Japan 500 ESG

S&P Japan 500 ESG is an index comprised of companies from among the 500 Japanese companies included in the S&P Japan 500 Index that are selected with an emphasis on ESG considerations. This index is compiled by S&P Dow Jones Indices LLC.


ECPI Global Developed ESG Best in Class Index
ECPI World ESG Best Equity Index

The ECPI Global Developed ESG Best in Class Index and the ECPI World ESG Best Equity Index are industry-, region-, and theme-specific indexes compiled by ECPI Group S.r.l., an asset management and consulting company based in Luxembourg and Milan, that are comprised of companies from around the world that fulfill certain CSR activity-related criteria. The ECPI Global Developed ESG Best in Class Index is comprised of companies in developed countries based on ECPI's ESG standards. The ECPI World ESG Best Equity Index is a wide-ranging index comprised of companies from developed countries that fulfill ECPI's ESG standards.

[ logo ] ECPI Global Developed ESG Best in Class Index, ECPI World ESG Best Equity Index

CDP Climate Change Report

The Yamaha Group was assigned a rank of A- in the 2020 CDP Climate Change Report, part of the corporate climate change risk information disclosure program of U.K.-based international NPO CDP.

[ logo ] CDP Climate Change Report

Certified Health & Productivity Management Organization Recognition

The Certified Health & Productivity Management Organization Recognition Program, organized by the Ministry of Economy, Trade and Industry and Nippon Kenko Kaigi, is a program for recognizing companies that are advancing strategic employee health management initiatives from the perspective of management. Yamaha Corporation has been recognized through this program for five consecutive years since 2017 and Yamaha Corporate Services Corporation has been recognized for four consecutive years.

[ logo ] Certified Health & Productivity Management Organization — White 500

“Kurumin” and Platinum “Kurumin” Certification as Company Supporting the Development of the Next Generation

"Kurumin" is a Ministry of Health, Labour and Welfare system for certifying companies with effective systems for supporting the next generation. Platinum "Kurumin" certification is awarded to companies, among the companies that have acquired the "Kurumin" mark, that conduct initiatives to support work–life balance at or above a specific standard. Yamaha Corporation received "Kurumin" certification in 2008 and Platinum "Kurumin" certification in 2016. In addition, Yamaha Corporate Services received "Kurumin" certification in 2018 and Platinum "Kurumin" certification in 2021.

[ logo ] “Kurumin” and Platinum “Kurumin” Certification as Company Supporting the Development of the Next Generation

"Eruboshi" and Platinum "Eruboshi" Certification for Promotion of Women's Participation and Advancement in the Workplace

"Eruboshi" is a program in which the Ministry of Health, Labour and Welfare certifies companies that have formulated action plans for the promotion of women's participation and advancement in the workplace based on the Act on Promotion of Women's Participation and Advancement in the Workplace enacted in April 2016 and that have conducted excellent initiatives in this area. Yamaha Corporate Services was certified as level three, the best rank, "Eruboshi" in July 2018 before receiving Platinum "Eruboshi" certification, which is awarded to "Eruboshi"-certified companies that fulfill certain requirements, in June 2021.

[ logo ] “Eruboshi”

Gold Rating in PRIDE INDEX

Compiled by work with Pride, the PRIDE INDEX is an index for recognizing the initiatives of companies and other organizations for supporting sexual minorities like members of the LGBT community. In 2019 and 2020, Yamaha Corporation was awarded with the highest rating of gold in the PRIDE INDEX.

[ logo ] Gold rating in PRIDE INDEX