SuMi TRUST Group's promotion of Diversity, Equity & Inclusion
SuMi TRUST Group holds the concept of diversity, equity & inclusion in the sense of "leveraging the diversity and creativity of each individual in management" as its Mission(management principles).
When the Group was formed in 2011, we set out three common aims: "Mission", "Vision" and "Value". The most important of these is the Mission (management principles).
We took the perspective of asking ourselves what our three stakeholders-our clients, society, and shareholders-demand of the Group, and added “offer a workplace where the diversity and creativity of its employees are more fully utilized to add value to the organization and where employees can have pride and be highly motivated in fulfilling their missions”, reflecting our thoughts on what kind of a company we want to be for the Group’s employees, as one pillar of our Mission. We have since then worked to make the creation of unique value through the interaction of diverse employees as part of our DNA.
Diversity, Equity & Inclusion Report
Bloomberg Gender-Equality Index
Selected by Bloomberg Gender-Equality Index for the fifth year running, in which Bloomberg evaluates initiatives on gender equality.
Health & Productivity Management Outstanding Organizations -White 500-
Selected in White 500 for the sixth year running by METI and Nippon Kenko Kaigi as an organization having outstanding health and productivity management. CustodyBank of Japan was individually recognized as aHealth & Productivity Management Outstanding Organization (Large Enterprise Category).
*The top businesses in the Large Enterprise Category earn the “White 500” title.
Kurumin and Platinum Kurumin
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.
- Companies that received the Kurumin certification
- HR One
- Nikko AM
- Sumitomo Mitsui Trust Panasonic Finance
- Companies that received the Platinum Kurumin certification
- SuMi TRUST Bank
- Sumitomo Mitsui Trust Systems & Services
- Custody Bank of Japan
Eruboshi and Platinum Eruboshi
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.
- Companies that received the Eruboshi certification
- HR One (Level 3)
- Sumitomo Mitsui Trust Club (Level 3)
- Custody Bank of Japan (Level 2)
- Sumitomo Mitsui Trust TA Solution (Level 2)
- Sumitomo Mitsui Trust Systems & Services (Level 2)
- Sumitomo Mitsui Trust Panasonic Finance (Level 1)
- Companies that received the Platinum Eruboshi certification
- Sumitomo Mitsui Trust Business Service
J-Win Diversity Award
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.
PRIDE INDEX 2022
We received the Gold rating, the highest ranking provided by the PRIDE INDEX, which is operated by work with Pride (wwP) and evaluates LGBTQ initiatives*. SuMi TRUST Bank has also received the Rainbow Award for two consecutive years, an accolade that recognizes businesses implementing collective impact initiatives.
*2022 - Nine companies: Sumitomo Mitsui Trust Holdings, Inc.; Sumitomo Mitsui Trust Bank, Limited; Sumitomo Mitsui Trust Asset Management Co., Ltd.; Sumitomo Mitsui Trust Business Service Co., Ltd.; Sumitomo Mitsui Trust Card CO., LTD.; SUMITOMO MITSUI TRUST CLUB CO., LTD.; Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.; Custody Bank of Japan, Ltd.; and Sumitomo Mitsui Trust Life Partners, Limited. Nikko Asset Management was also awarded a Gold rating for its standalone initiatives for the fourth consecutive year.
D&I Award 2022
The D&I Award is a certification provided by JobRainbow that was established in 2021. It recognizes companies that are dedicated to promoting diversity and inclusion.
SuMi TRUST Bank and Nikko Asset Management have received the highest rating, “BEST WORKPLACE for Diversity & Inclusion,” for two consecutive years.
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.
Challenge to 30% in 2030-#Here We Go 2030
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.
30% Club Japan
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.
Business Support for LGBT Equality in Japan
SuMi TRUST Holdings endorsed a campaign to encourage companies and organizations to adopt the LGBT Equality Law in Japan.
Business for Marriage Equality
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).