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

Selected by Bloomberg Gender-Equality Index for the fifth year running, in which Bloomberg evaluates initiatives on gender equality.

For the seventh consecutive year, Sumitomo Mitsui Trust Holdings, Inc. has been recognized by the Ministry of Economy, Trade and Industry and Nippon Kenko Kaigi as a Health and Productivity Enterprise (White 500), which honors companies that excel in health and productivity management^*. For the second consecutive year, Japan Custody Bank has been independently recognized as a Health and Productivity Enterprise in the large corporation category.

*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 D&I, with the aim of accelerating D&I initiatives within businesses and evaluating the progress of companies’ D&I efforts. SuMi TRUST Bank was awarded the Basic Achievement Second Prize in 2022. By 2023, it became a finalist in the Advanced Category, with Kazuya Oyama, President of SuMi TRUST Bank, winning the Personal Prize:CEO Award.

We received the Gold rating, the highest ranking provided by the PRIDE INDEX, which is operated by general incorporated association work with Pride (wwP) and evaluates LGBTQ initiatives*. SuMi TRUST Bank has also received the Rainbow Award for three consecutive years, an accolade that recognizes businesses implementing collective impact initiatives.

*2023 - Ten companies: Sumitomo Mitsui Trust Holdings, Sumitomo Mitsui Trust Bank,　Sumitomo Mitsui Trust Asset Management, Sumitomo Mitsui Trust Business Service,　 Sumitomo Mitsui Trust Card,　Sumitomo Mitsui Trust Club, Sumitomo Mitsui Trust Panasonic Finance, Custody Bank of Japan, Sumitomo Mitsui Trust Life Partners, and Sumitomo Mitsui Trust General Service. Nikko Asset Management was also awarded a Gold rating for its standalone initiatives for five consecutive years.

The D&I AWARD was established by JobRainbow Co., Ltd. in 2021 to recognize companies committed to promoting diversity and inclusion.
Sumitomo Mitsui Trust Bank and Nikko Asset Management have won the “BEST WORKPLACE for Diversity & Inclusion” award for the third consecutive year.

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.

SuMi TRUST Holdings 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 Nikko AM jointly participate in “30% Club Japan” that aims to achieve diversity of companies.

SuMi TRUST Holdings endorsed a campaign to encourage companies and organizations to adopt the LGBT Equality Law in Japan.

SuMi TRUST Holdings 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).