Assessments included in ESG and Sustainability-Related
The Cosmo Energy Group undertakes ESG (Environmental, Social, Governance) initiatives required for sustainable management in an effort to enhance enterprise value.
In addition to receiving high marks for our ESG-related activities and ESG information disclosure, and being included in socially responsible investment (SRI) and ESG indices, the Cosmo Energy Group has been recognized by various external organizations for our commitment to sustainability.
Assessments included in ESG indexes
FTSE4Good Index Series
This ESG index series, created by FTSE Russell, a wholly owned subsidiary of the London Stock Exchange Group, selects companies that have been highly rated for their outstanding environmental, social, and governance practices.
Cosmo Energy Holdings has been selected for inclusion in this index for 22 consecutive years from 2003.（As of July 2024)
FTSE Blossom Japan Index
Based on the ESG assessment scheme of the FTSE4Good Japan Index, Japanese companies with outstanding environmental, social, and governance practices are selected for the FTSE Blossom Japan Index. Launched in 2017, this index has also been adopted by Japan’s Government Pension Investment Fund (GPIF). Cosmo Energy Holdings has been selected for inclusion in the index since its inception eight years ago.（As of July 2024)
FTSE Blossom Japan Sector Relative Index
For the third consecutive year, we have been selected for inclusion in the FTSE Blossom Japan Sector Relative Index, launched in March 2022 by FTSE Russell. This is index tracks the performance of Japanese companies that are relatively strong in addressing ESG issues in their respective sectors. In order to help promote the transition to a low-carbon economy, the index also includes companies with substantial greenhouse gas emissions as long as their emissions reduction efforts are verified as significant.（As of July 2024)
MSCI Japan Empowering Women (WIN) Select Index
This ESG index developed by MSCI selects outstanding companies from among the top 700 stocks by market capitalization (MSCI Japan IMI Top 700 Index) based on disclosed information regarding gender diversity measures.
The index has also been adopted by Japan’s Government Pension Investment Fund (As of June 2024).
Note: Our inclusion in an MSCI index and use of the MSCI logo, trademark, service mark, or index name does not constitute sponsorship, endorsement, or promotion of our company by MSCI or its affiliated companies. MSCI is the sole owner of MSCI indices. MSCI index names and logos are trademarks or service marks of MSCI or its affiliated companies.
SOMPO Sustainability Index
Created by Sompo Asset Management, this unique index combines ESG and stock value assessments. It is used to promote sustainable management by pension funds and institutional investors who invest in a wide range of companies with high ESG ratings.
Cosmo Energy Holdings has been selected for inclusion in this index for eight consecutive years. Including the period before the Group’s current holding company structure (i.e. including Cosmo Oil Co., Ltd.), this marks the 13th consecutive year that the Group has been selected for the index. (As of June 2024)
S&P/JPX Carbon Efficient Index
Jointly developed by S&P Dow Jones Indices and Japan Exchange Group, this index is designed to evaluate the performance of companies listed in the underlying Tokyo Stock Price Index (TOPIX). It adjusts the weightings of these companies, giving greater or less emphasis to those with comparatively lower or higher levels of environmental and carbon efficiency (carbon emissions per unit of revenue). The index aims to reduce carbon emissions as a whole by increasing the weighting of companies that actively disclose environmental information and those with high carbon efficiency.（As of July 2024)
CDP
As an international NGO that works to address environmental issues such as climate change, water security, and forest preservation, CDP operates an information disclosure system that helps investors, companies, countries, regions and cities manage their environmental impact. The Group has been responding to CDP questionnaires and receiving assessments on its climate change measures since fiscal 2010, and on its water security measures since fiscal 2017.
In fiscal 2023, Cosmo Energy Holdings received ratings of “A-” for its climate change measures, and “B-” for water security.
EcoVadis
EcoVadis rates the sustainability of companies based on analysis of their ESG reports using four key categories: environmental impact, labor and human rights standards, ethics, and procurement practices. It then provides its ESG assessment results to client companies through an information sharing platform. Cosmo Energy Holdings received a “Bronze” rating (top 50%) in the EcoVadis sustainability survey.（As of December 2023)
Assessments of Sustainability
Nadeshiko Brands 2022
The Nadeshiko Brands initiative was established by Japan's Ministry of Economy, Trade and Industry (METI), with the goal of accelerating efforts by individual companies to empower women by introducing those companies that are outstanding in terms of encouraging women's success in the workplace to investors that place an emphasis on enhancing enterprise value over the medium to long term. The Company was selected as a Nadeshiko Brands company in FY2020 and FY2022.
Certified KENKO Investment for Health Outstanding Organizations 2024
The Certified KENKO Investment for Health Outstanding Organizations Recognition Program was established by Japan's Ministry of Economy, Trade and Industry (METI), with the aim of creating an environment where corporations that implement outstanding health and productivity management ("kenko keiei") can gain greater social recognition by making them "visible."
Cosmo Energy Holdings, Cosmo Oil, Cosmo Oil Marketing, Cosmo Energy Exploration & Production, Cosmo Business Associates, and Cosmo Oil Lubricants have been recognized under the Certified Health and Productivity Management Outstanding Organizations Recognition Program (Large Enterprise category) for six consecutive years since 2019.
*"Kenko Keiei" is a registered trademark of the NPO Kenkokeiei.
Certified KENKO Investment for Health Outstanding Organizations 2024 website
Platinum Kurumin
Kurumin is a certification given by Japan's Ministry of Health, Labour and Welfare (MHLW) to companies that have been recognized as providing outstanding support for child-rearing based on the Act on Advancement of Measures to Support Raising Next-Generation Children. Cosmo Oil was the first oil wholesaler to be certified as a Platinum Kurumin company in 2018. (Assessment period: April 2, 2015 - April 1, 2017)
*Platinum Kurumin is a special certification system that awards Platinum Kurumin status to Kurumin-certified companies that have demonstrated an even higher level of commitment to supporting child-rearing.
Eruboshi
Eruboshi certification is awarded to companies that have formulated and submitted a general employers action plan based on the Act for Promotion of Female Participation and Career Advancement in the Workplace and that have excelled in the implementation of initiatives related to women's empowerment.
Cosmo Oil has been certified as a Level 2 company since September 2016.
PRIDE Index 2023
The PRIDE Index was created as a performance index to measure a company's efforts to include LGBTQ+ and those with other gender preferences in the workplace, with the aim of creating LGBTQ+-friendly workplaces that transcend corporate, organizational, and other frameworks.
Cosmo Energy Holdings, Cosmo Oil, Cosmo Oil Marketing, Cosmo Energy Exploration & Production, Cosmo Business Associates, and Cosmo Oil Lubricants received a Bronze rating in 2022, followed by a Silver rating in 2023.
DBJ Employees’ Health Management Rated Loan Program
The Development Bank of Japan Inc. (DBJ) Health Management Ratings are ratings given under DBJ Employees’ Health Management Rated Loan Program, the world’s first financing menu to incorporate health and productivity management ratings. Under the program, DBJ assesses and rates enterprises that have demonstrated great care for employee health and ways of working.
The Company was certified under the program in 2019.
D&I AWARD 2023
Organized by Job Rainbow Inc., the D&l Award is the leading award in Japan that recognizes and honors companies that are committed to diversity and inclusion (D&I).
In 2023, Cosmo Energy Holdings, Cosmo Oil, Cosmo Oil Marketing, Cosmo Energy Exploration & Production, Cosmo Business Associates, and Cosmo Oil Lubricants received an Advanced award, which recognizes companies that are taking a progressive approach to D&I and helping drive D&I efforts in Japan by serving as role models.
Other Assessments
The Cosmo Energy Group has been recognized by external organizations in a wide range of areas, including safety, service quality, and disclosure of information to shareholders, analysts, and investors.
DX-Related
Digital Transformation (DX) Certification
Effective July 1, 2022, the Company officially became a DX-Certified Operator (DX-Ready) under the Digital Transformation (DX) Certification system established by Japan’s Ministry of Economy, Trade and Industry (METI).
IR-Related
Award for Excellence in Corporate Disclosure in FY2017
The Awards for Excellence in Corporate Disclosure is an award system organized by the Securities Analysts Association of Japan under which securities analysts rate a company's disclosure efforts in terms of quality, quantity, timing, and other factors, and select the best companies. The Company received an Award for Excellence in Corporate Disclosure in FY2017.
Award for Excellence in Corporate Disclosure in FY2017 website
Nikko Investor Relations Award an AA grade in the All Markets Ranking category in 2023
In the All Japanese Listed Companies' Website Ranking, Nikko Investor Relations Co., Ltd. assesses the quality of the corporate websites of all listed companies in Japan and announces award recipients annually. The Company's corporate website was awarded an AA grade in the All Markets Ranking category in 2023.
Nikko Investor Relations Award an AA grade in the All Markets Ranking category in 2023 website
Nikkei Integrated Report Award 2023
The Nikkei Integrated Report Award supports the improvement of information disclosure levels by private enterprises through the review and grading of integrated reports that comprise both financial and non-financial information. The Company won an Award for Excellence in the Nikkei Integrated Report Award 2023.
Group company-Related
HDI Benchmarks Customer Service category
Cosmo Oil Customer Service Center has received the highest rating in the HDI Benchmarks Customer Service category for last two years.
PrivacyMark
The PrivacyMark System is a system that complies with Japanese Industrial Standards. (JIS Q 15001 Personal Information Protection Management System - Requirements) It ensures that business operators manage personal information appropriately. Also,it authorizes business operators to use the "PrivacyMark" which indicates that they have met requirements of the PrivacyMark System. Cosmo Oil Marketing obtained PrivacyMark certification on February 21, 2024.
Super accredited operator
The Chiba Refinery and Yokkaichi Refinery obtained Tokutei Nintei Jigyosha (commonly known as "Super Nintei Jigyosha") certification on April 15, 2021 and August 22, 2022, respectively under the new Nintei Jigyosha System outlined in the High Pressure Gas Safety Law enacted by Japan's Ministry of Economy, Trade and Industry (METI).
A Certification
Effective August 19, 2024, the Sakai Refinery was certified as an Accredited Advanced Safety Inspector (commonly known as "A Certification") under the High Pressure Gas Safety Act, which was amended on December 21, 2023.
