External Evaluations
Below is a summary of the evaluations and awards received from
external organizations for Chugai’s activities and initiatives.
Our proactive initiatives have been evaluated from the standpoint of
corporate sustainability in such areas as the environment, society
and governance. Chugai will continue to fulfill its social
responsibility as a healthcare company.
Table of Contents
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Inclusion in Major ESG Indices
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Other Evaluations
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Award
Inclusion in Major ESG Indices
ESG Indices of Global
Equities
Dow Jones Sustainability Indices
DJSI is a leading ESG index developed by S&P Dow Jones Indices (USA). Companies are selected as a constituent annually based on an assessment of their economic, environmental and social sustainability.
Chugai has been recognized as a company with excellent
sustainability. In 2020 Chugai was selected for the
first time in the “DJSI World,” the global version of
DJSI. The following year, in 2021, Chugai continued to
be selected with the second highest score in the world
in the pharmaceutical sector. In 2022, Chugai received
the world’s highest rating as the most sustainable
company among global pharmaceutical companies. In 2023
and 2024, Chugai received second rating in the
sector.
In addition, Chugai has been selected as a constituent
of “DJSI Asia Pacific” for the 10th time and for seven
consecutive years since 2018.
MSCI ESG Leaders Indexes
An index by MSCI (USA) that selects companies from around
the world with excellent ESG ratings.
The sustainability of Chugai has been highly regarded in
terms of ESG practices, as Chugai has been included in the
MSCI ESG Leaders Indexes for 13 consecutive years from
2010 to 2022, and achieved AA rating in 2023.
In 2024, Chugai was once again selected for the index and
maintained its AA rating.
FTSE4Good Index Series
An index by FTSE Russell (UK) designed to measure the
performance of companies that vigorously practice
ESGs.
Chugai has been selected for FTSE4Good Index Series, a
global ESG index, for 22 consecutive years.
ESG Indices Selected by
GPIF
Chugai has been continuously included as a constituent stock of the all six ESG indices for Japanese equities since the initiation of ESG investment by the Government Pension Investment Fund (GPIF).
FTSE Blossom Japan Index
An index designed to reflect the performance of Japanese companies demonstrating excellent environmental, social, and governance practices. (commenced investment from July 2017, Chugai has been continuously selected as a constituent from the initiation)
FTSE Blossom Japan Sector Relative Index
An index designed to measure the relative performance of Japanese companies in each sector demonstrating excellent environmental, social, and governance practices. This is a general ESG index that screens stocks based on these ESG ratings as well as assessment of magnitude of environmental damage by companies, and companies’ management attitude toward climate change risks. (commenced investment from March 2022, Chugai has been continuously selected as a constituent from the initiation)
MSCI Nihonkabu ESG Select Leaders Index
An index created from the stocks of companies with high ESG ratings selected from the constituents of the MSCI Nihonkabu IMI Index, with no bias towards any particular industry. (commenced investment from March 2024, Chugai had been continuously selected as a constituent from the initiation)
MSCI Japan Empowering Women Index (WIN)
An index created from a selection of companies with excellent gender diversity practices in each industry from among the top 700 Japanese companies by market capitalization. (commenced investment from July 2017, Chugai has been continuously selected as a constituent from the initiation)
Morningstar Japan ex-REIT Gender Diversity Tilt Index
An index designed to evaluate gender diversity initiatives of companies, covering a wide range of 930 listed Japanese companies. (commenced investment from March 2023, Chugai has been continuously selected as a constituent from the initiation)
ESG Indices of Global Equities
An index designed to measure the performance of companies in the Tokyo Stock Price Index (TOPIX) based on the level of environmental information disclosure and carbon efficiency. (commenced investment from September 2018, Chugai has been continuously selected as a constituent from the initiation)
- The inclusion of Chugai Pharmaceutical 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 Chugai Pharmaceutical Co., Ltd. by MSCI or any of its affiliates. The MSCI indices are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.
- As the result of a third-party audit, FTSE Russell (a registered trademark of FTSE International Limited and Frank Russell Company) hereby attests that Chugai satisfies the conditions of listing on the FTSE Blossom Japan Index and has been made a constituent stock of such index. The FTSE Blossom Japan Index was created by FTSE Russell, a global index provider, and has been designed to measure the performance of Japanese companies demonstrating excellent environmental, social, and governance (ESG) practices. The FTSE Blossom Japan Index is widely used in the creation and evaluation of sustainable investment funds and other financial products.
- As the result of a third-party audit, FTSE Russell (a registered trademark of FTSE International Limited and Frank Russell Company) hereby attests that Chugai satisfies the conditions of listing on the FTSE Blossom Japan Sector Relative Index and has been made a constituent stock of such index. The FTSE Blossom Japan Sector Relative Index is widely used in the creation and evaluation of sustainable investment funds and other financial products.
Other ESG Indices
SOMPO Sustainability Index
This is an active index independently created by SOMPO Asset Management by combining ESG evaluation with equity valuation (fundamental value). ESG evaluations are conducted by SOMPO Risk Management, and 300 brands that exceed the criteria are certified. Chugai has been continuously selected as a constituent stock in recognition of its overall ESG initiatives since the index was developed.
The iSTOXX® MUTB Japan Platinum Career 150 Index
The iSTOXX® MUTB Japan Platinum Career 150 Index is
an ESG index focused on “human capital” and jointly
developed by Mitsubishi UFJ Trust and Banking
Corporation and STOXX, an index provider affiliated
with the Deutsche Börse Group.
The index is comprised of 150 Japanese companies
active in building employees’ careers from three
perspectives: long-term view, active learning and
social contribution.
Other Evaluations
Environmental
Initiatives
CDP
CDP is an international NGO established in the United Kingdom to promote disclosure of environmental information. They operate a global information disclosure system that helps investors, companies, nations, regions, and cities manage their environmental impact. Their main focus is to encourage companies and local governments to implement environmental measures based on surveys, assessments, and disclosures of their environmental initiatives.
Chugai has been selected for the CDP’s highest-rated A-List in the climate change, and received an A- (A minus) rating in the water security in 2024, being recognized its leadership for transparency and performance in the two categories of climate change and water security. In the category of climate change, we have been selected for leadership level (A, A-) for five consecutive years, including four consecutive selection for the A-List, and in the category of water security, we have been selected for leadership level for four consecutive years, including two selection for the A-List.
SBT
The Science Based Targets initiative (SBTi) is a partnership between four organizations: CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). SBTi is promoting to set a Science Based Targets (SBT) to meet the Paris Agreement goal of limiting global warming to 1.5°C compared to pre-industrial levels.
In November 2021, the SBTi Secretariat granted Chugai SBT certification for the greenhouse gas reduction targets set forth in Chugai’s Mid-term Environmental Goals 2030, which demonstrates that the targets are consistent with the Paris Agreement.
Employee Empowerment Initiatives
Nadeshiko Brand
METI and TSE have jointly implemented the Nadeshiko Brand since FY2012, selecting listed companies who are outstanding in promoting the active participation of women.
In recognition of Chugai’s proactive approach to diversity, Chugai was selected as a Nadeshiko Brand in 2021, 2022, 2024 and 2025 as well as four consecutive years from 2015 to 2018.
Please refer to the following link for details.
https://www.meti.go.jp/english/policy/economy/human_resources/index.html (Open in a new window)
New Diversity Management Selection 100
METI evaluates and recognizes companies which have delivered results by leveraging the capabilities of diverse human resources including women, the elderly, and foreign nationals.
In March 2018, Chugai won the New Diversity Management Selection 100 Award which METI uses to recognize companies that have successfully improved corporate value through diversity management.
Please refer to the following link for details.
https://www.meti.go.jp/english/policy/economy/human_resources/index.html (Open in a new window)
Platinum Kurumin
According to the “ Act on Advancement of Measures to Support Raising Next-Generation Children,” companies that achieve the goals set in the plan and meet certain standards are eligible to receive certification from the Minister of Health, Labor and Welfare (“Kurumin” Certification) as a “company that supports childcare.” In 2018, Chugai was certified as “Platinum Kurumin”, which recognizes companies that have implemented initiatives well beyond standard expectations of “Kurumin” certified companies.
Please refer to the following link for details. (Japanese only)
https://www.mhlw.go.jp/stf/seisakunitsuite/bunya/kodomo/shokuba_kosodate/kurumin/index.html (Open in a new window)
Eruboshi
Certification from the Ministry of Health, Labor and Welfare granted to companies that meet certain criteria and have excellent initiatives based on the “Act on the Promotion of Women’s Active Engagement in Professional Life”. Chugai met all five criteria and was certified as Tier 3, the highest level of certification, in October 2022.
Please refer to the following link for details. (Japanese only)
https://shokuba.mhlw.go.jp/published/special_02.htm (Open in a new window)
PRIDE Index
PRIDE index evaluates initiatives related to LGBTQ+
and other sexual minorities in the workplace,
sponsored by General Incorporated Association ‘work
with Pride’.
Chugai group has met all five evaluation criteria and
has been continuously certified with the highest
“Gold” rating since 2022.
Please refer to the following link for details. (Japanese only)
https://workwithpride.jp/pride-i/ (Open in a new window)
Health & Productivity Stock and “White 500” Health and Productivity Management Organization
The Health & Productivity Stock has been jointly implemented with the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE) to promote the health management initiatives of listed companies by selecting listed companies that consider the employees’ health management from the perspective of management and engage in a strategic manner, and introducing the companies to investors who emphasize the improvement of corporate value from the long-term point of view.
The Chugai Group has established goals, policies, and priority items as it works to engage in more proactive, ongoing efforts to contribute to the well-being of its employees. By reaching these goals in the medium to long term, Chugai will achieve its vision for health and productivity management. In recognition of these efforts to date, Chugai has been selected as a “Health & Productivity Stock” by METI and TSE for the second consecutive year as an outstanding listed company engaging in a health and productivity management. Chugai has also been certified as “Health & Productivity Management Outstanding Organization 2025 (White 500)” (Large Enterprise Category) for five consecutive years since 2021.
Please refer to the following link for details. (Japanese only)
“Human Capital Leaders 2024” and “Human Capital Management Quality 2024 (Gold)”
Chugai has been awarded “Human Capital Leaders 2024” and “Human Capital Management Quality 2024 (Gold)” in the largest human capital survey in Japan, the “Human Capital Survey 2024,” conducted jointly by the HR Technology Consortium, HR Research Institute (ProFuture Inc.), MS&AD InterRisk Research & Consulting, Inc., and the Association to Confirm the Human Investment Value for Enterprise. This survey aims to promote and raise awareness of high-quality human capital management.
DX Initiatives
Digital Transformation Stock (DX Stock)
DX Stocks are selected jointly by the Ministry of Economy, Trade and Industry (METI), the Tokyo Stock Exchange (TSE) and the Information-technology Promotion Agency, Japan (IPA) with the aim of accelerating the digital transformation of Japanese companies.
Chugai has been selected as a DX Stock for four consecutive years since 2020 in recognition of its efforts across the entire value chain including reforming drug discovery and transforming the manufacturing process using digital technologies as well as initiatives of providing new value to healthcare professionals and patients. In 2023, Chugai is selected as a “DX Platinum Companies 2023-2025,” granted to companies that have continued outstanding DX implementation since the start of the program.
[Criteria for DX Platinum Company]
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Companies that meet the following requirements
- Selected as a DX Stock for three consecutive years
- Selected as a DX Grand Prix in the past
- Evaluation by the Stock Evaluation Committee
- * The period of selection shall be three years.
IR Activities
Selection of Excellent Companies in Corporate Disclosure by Securities Analysts
Chugai was ranked first for the first time in 2024 in the pharmaceutical sector for the “Selection of Excellent Companies in Corporate Disclosure by Securities Analysts” conducted by the Securities Analysts Association of Japan (SAAJ), a public interest incorporated association.
This selection has been held annually since 1995 with the aim of improving corporate information disclosure, and this marks the 30th year of the award system. The Disclosure Study Group, established by the SAAJ, has developed five objective evaluation criteria: (1) Management’s IR attitude, IR department function, and basic IR stance, (2) Disclosure in briefings, interviews, and explanatory materials, (3) Fair disclosure, (4) Disclosure of ESG-related information, and (5) Voluntary information disclosure appropriate to the circumstances of each industry. These criteria are used to evaluate the quality, quantity, and timing of corporate disclosures. Chugai was particularly highly evaluated for its management’s IR attitude and efforts in voluntary information disclosure.
IR Award hosted by the Japan Investor Relations Association (JIRA)
Chugai received the Best IR Award, the Greatest IR Improvement Premium Companies, and the Best Continual IR Efforts Premium Companies at the 2023 IR Award hosted by the Japan Investor Relations Association (JIRA), the only privately-run non-profit organization working for the proliferation and improvement of IR activities in Japan. The awards are presented to companies that have been highly accredited in the investment community for their deep understanding and promotion of IR activities.
Best IR Award (Received in 2020 and 2023)
The reasons for Chugai’s selection are as follows:
- Chugai’s management assigns proper importance to IR and is engaged in dialogues with investors from a medium- to long-term perspective
- Information disclosure has been enhanced, and the financial results briefing materials are reviewed with special attention given to ensuring that the materials are useful for earnings analysis
- Chugai organizes various events for investors and seeks to always respond to the interests of the investment community through briefings on themes such as ESG and DX
- Detailed explanations and responses to R&D-related subjects are meticulously provided, such as by providing follow-up information on medical/pharmaceutical-related professional or specialized organizations, and holding meetings devoted to knowledge on diseases and treatments, and research facility tours
- The company’s forum for dialogues between outside directors and investors has also been evaluated
Greatest IR Improvement Premium Companies and Best Continual IR Efforts Premium Companies (Received these awards for the first time in 2023)
In commemoration of the 30th anniversary of the establishment of the JIRA, the Judging Committee of the Best IR Awards recognized a member company of the JIRA as the JIRA 30th Anniversary Commemorative Award. The Award is especially given to a company which has continued IR activities over the medium- to long-term and has produced outstanding achievements in appropriate information disclosure and constructive dialogue with investors and shareholders. The Judging Committee has selected a company based on the screening results for the past 17 years from 2007 to 2023. Among the companies screened for this award, companies that have made efforts to improve IR and have consistently been highly evaluated by the committee members during the screening period are selected as Greatest IR Improvement Premium Companies. Companies that have continually applied for the Best IR Award during the period and have been recognized as continuing IR activities over the medium- to long-term are also selected as Best Continual IR Efforts Premium Companies. Chugai received the awards because it meets all of these criteria.
Award
IR Activities
The Nikkei Annual Report Awards have been held each year since 1998 for the further enhancement and diffusion of annual reports issued by Japanese companies. Chugai started to publish an integrated annual report from “Annual Report 2012,” and has made various efforts to promote a better understanding of its unique strengths and corporate value among a wide range of stakeholders. As a result, we have won three Grand Prizes, four Second Prizes, and one Excellent Award, and have received a high evaluation for the eighth consecutive year since starting to publish the integrated report in 2012.
