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  2. External Evaluation

External Evaluation

Adoption of ESG Indexes

FTSE4Good Index Series

FTSE4Good Index Series

The FTSE4Good Index Series is a benchmark and tradable index series for environmental, social, and governance (ESG) investors compiled by FTSE Russell, a renowned global index and data provider with a rich history.
Isuzu has been included in the Series since June 2023.

  1. *FTSE Russell (tradename of FTSE International Limited and Frank Russell Company) has independently evaluated Isuzu based on the FTSE4Good criteria and confirmed that Isuzu meets the requirements to be included in the FTSE4Good Index Series. The FTSE4Good Index Series, created by the renowned global index provider FTSE Russell, is designed to measure the performance of companies that demonstrate strong environmental, social, and governance (ESG) practices. The FTSE4Good Index is used by a wide range of market participants to create and evaluate responsible investment funds and other products.

FTSE Blossom Japan Index

FTSE Blossom Japan Index

Similar to the FTSE4Good Index Series, the FTSE Blossom Japan Index is compiled by FTSE Russell to measure the performance of Japanese companies with high ESG ratings. This index is an ESG index adopted by the Government Pension Investment Fund (GPIF).
Isuzu has been included in the Index since June 2023.

  1. *FTSE Russell (trademark of FTSE International Limited and Frank Russell Company) hereby confirms that Isuzu has met the requirements for inclusion in the FTSE Blossom Japan Index based on the results of a third-party assessment, making it a constituent stock of this index. The FTSE Blossom Japan Index is created by the global index provider FTSE Russell and designed to measure the performance of Japanese companies that excel in environmental, social, and governance (ESG) practices. The FTSE Blossom Japan Index is widely used to create and evaluate sustainable investment funds and other financial products.

FTSE Blossom Japan Sector Relative Index

FTSE Blossom Japan Sector Relative Index

The FTSE Blossom Japan Sector Relative Index is compiled by FTSE Russell as a sector-neutral benchmark that demonstrates ESG. This index is an ESG index adopted by the Government Pension Investment Fund (GPIF).
Isuzu has been included in the Index since March 2022.

  1. *FTSE Russell (trademark of FTSE International Limited and Frank Russell Company) hereby confirms that Isuzu has met the requirements for inclusion in the FTSE Blossom Japan Sector Relative Index based on the results of a third-party assessment, making it a constituent stock of this index. The FTSE Blossom Japan Sector Relative Index is widely used to create and evaluate sustainable investment funds and other financial products.

MSCI Japan ESG Select Leaders Index

MSCI Japan ESG Select Leaders Index

MSCI (Morgan Stanley Capital International) in the United States provides the ESG investment index, which selects companies with relatively high ESG ratings within each industry from the constituents of the MSCI Japan IMI Index.
Isuzu has been included as a constituent of this index since March 2024.

  1. *The inclusion of Isuzu Motors Limited in any MSCI Index, and the use of MSCI's logos, trademarks, service marks, or index names, does not constitute sponsorship, endorsement, or promotion of Isuzu Motors Limited by MSCI or any of its affiliates.
  2. *The MSCI Indexes are the exclusive property of MSCI. The MSCI names and logos are trademarks or service marks of MSCI or its affiliates.

S&P/JPX Carbon Efficient Index

S&P/JPX Carbon Efficient Index

S&P/JPX Carbon Efficient Index is an index designed by S&P Dow Jones Indices, one of the world's largest independent index companies, which increases the investment weight of companies that are highly carbon efficient within their industry and disclose information on their greenhouse gas emissions.
The GPIF has adopted S&P/JPX Carbon Efficient Index as its global environmental equity index. Isuzu is included in the S&P/JPX Carbon Efficient Index.

SOMPO Sustainability Index

SOMPO Sustainability Index

SOMPO Sustainability Index is an index independently established by SOMPO Asset Management. This index is used as a part of the company's SOMPO Sustainability Management initiative. This is an ESG management product for pension funds and institutional investors that invests in a wide range of companies with high ESG ratings.
Isuzu has been included in the component for eight consecutive years since 2018.

ESG Evaluation

MSCI

MSCI

The MSCI ESG Ratings are designed to help institutional investors identify ESG risks and opportunities. Companies are rated on a scale from 'AAA' to 'CCC' based on their exposure to industry-specific ESG risks and their ability to manage those risks compared to their peers.
Isuzu received an 'AA' rating in the March 2025 assessment.

  1. *The use of data from MSCI ESG RESEARCH LLC or its affiliates (hereinafter referred to as 'MSCI'), as well as the use of MSCI's logos, trademarks, service marks, and index names, does not imply MSCI's sponsorship, endorsement, recommendation, or promotion of Isuzu Motors Limited. MSCI's services and data are the property of MSCI or its information providers, provided "as is" without any warranties. The MSCI name and logo are trademarks or service marks of MSCI.

CDP

CDP

CDP is a non-profit organization whose primary activity is to request corporations and local governments to disclose information on their measures to address environmental issues such as climate change, and to encourage them to take such measures. This initiative is based on the requests of institutional investors and major purchasing organizations worldwide that are highly concerned about environmental issues.
Isuzu has responded to the CDP Climate Change Questionnaire since 2016 and received a B rating for 2024.