SuMi TRUST Group's promotion of Diversity, Equity & Inclusion

Sumitomo Mitsui Trust Group, Inc. has been selected by Bloomberg for the Bloomberg Gender-Equality Index, which evaluates the transparency of corporate genderrelated information disclosure and gender equality initiatives, for the fifth consecutive year since 2019.

For the eighth consecutive year, Sumitomo Mitsui Trust Group, Inc. has been recognized jointly by the Ministry of Economy, Trade and Industry and Nippon Kenko Kaigi as a “White 500” Company under the KENKO Investment for Health Program since 2018, which honors companies that practice outstanding management^*.

For the third consecutive year, Custody Bank of Japan, Ltd. has been independently recognized as one of the organizations under the KENKO Investment for Health Program (the Large Enterprise Category) since 2023.

*The top businesses in the Large Enterprise Category earn the “White 500” title.

Each Group company is accredited with the Kurumin certification as a company that supports childcare by the Ministry of Health, Labour and Welfare based on the Act on Advancement of Measures to Support Raising Next-Generation Children. In addition, “Platinum Kurumin” is granted to the companies that engage in higher levels of initiatives to support balancing between work and childcare.

Each Group company is accredited with the Eruboshi certification as an excellent company regarding promoting women’s active participation and advancement, by the Ministry of Health, Labour and Welfare based on the Act of Promotion of Women’s Participation and Advancement in the Workplace. This certification sets three levels in accordance with the number of items meeting the standards. The Platinum Eruboshi is granted to the company that has met higher levels of requirements.

This award, hosted by J-Win, recognizes progressive companies that promote diversity and inclusion (D&I), with the aim of accelerating D&I initiatives within businesses and evaluating the progress of companies’ D&I efforts.

Sumitomo Mitsui Trust Group has achieved the highest “Gold” rating on the PRIDE Index, an evaluation framework established by the work with Pride Association to assess corporate initiatives related to LGBTQ inclusion.

The following six group companies jointly received the Gold rating:

Sumitomo Mitsui Trust Bank was awarded the Gold rating for nine consecutive years starting in 2017, and the group’s joint application achieved this status for seven years in a row beginning in 2019.

In addition, Amova Asset Management Co., Ltd. received the Gold rating through an individual application, and was also awarded the Rainbow Certification, which recognizes organizations that promote cross-sector collaboration with municipalities, NPOs/NGOs, and other entities to advance inclusive workplaces and communities.

In March 2020, the Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange jointly selected SuMi TRUST Bank as a “Nadeshiko Brand,” which recognizes listed companies showing an excellent active participation of women.

Sumitomo Mitsui Trust Group endorsed a movement announced by the Keidanren (Japan Business Federation) to achieve the goal of increasing the percentage of female executives to at least 30% by 2030.

As the Investor Group members, Sumitomo Mitsui Trust Asset Management and Amova AM jointly participate in “30% Club Japan” that aims to achieve diversity of companies.

Sumitomo Mitsui Trust Group endorsed a campaign to encourage companies and organizations to adopt the LGBT Equality Law in Japan.

Sumitomo Mitsui Trust Group supported a campaign by three non-profit organizations operating in Japan to visualize companies that support equality in marriage (the legalization of same-sex marriage).