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External Recognition

The Company is highly rated for its sustainability initiatives and has been selected as a constituent of the following ESG indices.

MSCI Japan Empowering Women Index (WIN)

The “MSCI Japan Empowering Women Index” is composed of leading companies within their Global Industry Classification Standard (GICS) sector groups in terms of promoting and maintaining gender diversity selected from the constituents of its parent index (the MSCI Japan IMI Top 500 Index, which includes the top 500 securities in terms of market capitalization) based on MSCI Gender Diversity Scores. This ESG index is adopted by GPIF (Government Pension Investment Fund).

The Company has been selected as its constituent for two consecutive years in 2018 and 2019.

*The inclusion of J. Front Retailing Co., Ltd. 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 J. Front Retailing Co., Ltd. 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.

SNAM Sustainability Index

The “SNAM Sustainability Index,” launched by Sompo Japan Nipponkoa Asset Management Co., Ltd. in August 2012, is an investment fund for pension funds and institutional investors that invest in companies rated highly for their ESG performance.

The Company has been selected as its constituent for eight years running since its inception.

DBJ Employees Health Management Ratings

“DBJ Employees’ Health Management Rated Loan Program” evaluates and selects companies with excellent initiatives for considering employee health using DBJ’s proprietary evaluation system and sets loan terms based on the result of the evaluation. It is the world’s first financing menu incorporating “employee health management ratings.”

The Company has been assigned the Rating for its “advanced initiatives to Employees’ Health Management” in December 2018.