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Sumitomo Forestry top scorer in homebuilding industry index

Sumitomo Forestry was named in the Dow Jones Sustainability World Index (DJSI World), a globally renowned ESG investment equity index. In this index, Sumitomo Forestry was the top scorer in the homebuilding industry. Source: Timberbiz

Sumitomo Forestry was also included in the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific Index), an index comprised of Asia Pacific companies.

This is the 16th time Sumitomo Forestry has been included in the Dow Jones Sustainability Indices (DJSI) series. Launched in 1999, the DJSI series are sustainability-related equity indices announced yearly by the US company S&P Dow Jones Indices.

Companies are evaluated and analysed on their sustainability practices in economic, environmental, and social criteria and those that demonstrate superior performance are selected for inclusion.

S&P Global tracks the performance of the world’s top 2,500 companies in terms of market capitalization, and selects the top 10% (321 companies, of which 38 companies are Japanese) in each industry for the inclusion in the DJSI World using their Corporate Sustainability Assessment.

Sumitomo Forestry is recognized for its excellence in ESG-related information disclosure transparency, environmental policy & management systems, commitment to human rights, talent attraction and retention, and other areas.

In addition to the DJSI series, Sumitomo Forestry has been selected for ESG indices adopted by Japan’s Government Pension Investment Fund, the world’s largest pension fund.