External Evaluation, 3rd Party Evaluation

Inclusion in ESG Indexes

TAIYO YUDEN Group has been highly evaluated the efforts aimed at the sustainable development of society and TAIYO YUDEN, thus it is selected in following ESG Indexes*. (As of Jun. 2023)

  • *
    ESG Indexes; an indicator of investment composed of companies highly evaluated focused on 3 factors, Environment, Social, and Governance.

ESG Indices Selected by GPIF

TAIYO YUDEN has been included as a constituent stock of all five ESG indices for Japanese equities selected by the Government Pension Investment Fund (GPIF).

FTSE Blossom Japan Index

FTSE Blossom Japan Index is a stock price index compiled by FTSE Russell in the UK. It is composed of Japanese companies that meet global environmental, social and governance standards.

FTSE Blossom Japan Index

FTSE Blossom Japan Sector Relative Index

The FTSE Blossom SR is a general ESG index that screens stocks based on FTSE Russell's ESG ratings as well as assessment of magnitude of environmental damage by companies, and companies' management attitude toward climate change risks.

FTSE Blossom Japan Sector Relative Index

MSCI Japan ESG Select Leaders Index

MSCI Japan ESG Select Leaders Index is a stock price index compiled by MSCI Inc. in the United States. It is composed of the companies with high ESG rating from environmental, social, and governance perspectives in each.

2024 CONSTITUENT MSCI NIHONKABU ESG SELECT LEADERS INDEX

MSCI Japan Empowering Women Index (WIN)

The MSCI Japan Empowering Women Index is an index compiled by MSCI Inc. The index includes Japanese companies with high gender diversity scores thanks to their promotion of women in the workplace.

2024 CONSTITUENT MSCI JAPAN EMPOWERING WOMEN INDEX (WIN)

S&P/JPX Carbon Efficient Index

The S&P/JPX Carbon Efficient Index is an index compiled by the Tokyo Stock Exchange and S&P Dow Jones Indices (US). Companies included are selected based on their disclosure of environment-related information and their carbon efficiency standards. The Government Pension Investment Fund (GPIF) of Japan has selected this index as a core ESG index.

S&P/JPX Carbon Efficient Index

Morningstar Japan ex-REIT Gender Diversity Tilt Index

Built with the data and scoring methodology of Equileap, "GenDi J" is designed to emphasize the stocks of companies that have strong gender diversity policies embedded in their corporate culture and that ensure equal opportunities to employees, irrespective of their gender. Companies are divided into five equally sized groups based on their Gender Equality Score.

Other ESG Indices

FTSE4Good Index Series

The FTSE4Good Index Series is an index compiled by FTSE Russell (UK). The index includes companies that have demonstrated strong Environment, Social, and Governance (ESG) practices that are based on global standards.

FTSE4Good

MSCI Japan ESG Select Leaders Index

MSCI Japan ESG Select Leaders Index is a stock price index compiled by MSCI Inc. in the United States. It is composed of the companies with high ESG rating from environmental, social, and governance perspectives in each.

2024 CONSTITUENT MSCI JAPAN ESG SELECT LEADERS INDEX

SOMPO Sustainability Index

The SOMPO Sustainability Index is an index compiled by SOMPO Asset Management. The index is composed of Japanese companies with strong ESG performance evaluations and stock valuations.

2025 Sompo Sustainability Index

Other Sustainability Evaluations (TAIYO YUDEN)

Selected for Inclusion in CDP’s “Climate Change A List”

TAIYO YUDEN certified CDP’s* “Climate Change A List” companies, receiving the highest rating as a company excellent in climate change-related measures, strategies and information disclosure from the international environmental NPO in 2022.

  • *
    Founded in 2000, CDP is a non-governmental organization (NGO) managed by UK charities that operates a global disclosure system for investors, businesses, nations, regions and cities to manage their environmental impacts, including reducing their own greenhouse gas emissions, protecting water resources and protecting forests.
Climate CDP A List 2024

Selection of Health & Productivity Stock, White 500

TAIYO YUDEN appointed a Chief Healthcare Officer (CHO) and has set up a "Health Promotion Committee" and is working to promote the health of its employees. "Certified Health & Productivity management Organization (White 500)" is given to companies by the Ministry of Economy, Trade and Industry of Japan and the Nippon Kenko Kaigi.

Sports Yell Company

Certified by the Japan Sports Agency as a company that promotes exercise in the workplace.
In 2025, we obtained the "Bronze Certification" as a company that has been certified for a total of over 5 years.

SPORTS YELL COMPANY 2025

Eruboshi Certification

TAIYO YUDEN has been certified Eruboshi certification.

Certified as a Platinum Kurumin employer

TAIYO YUDEN was certified as "Kurumin" in 2021. Recognized as a company that is working on child-rearing support at a high level, it was certified as "Platinum Kurumin" on July 25, 2023.

RBA-VAP Audit

TAIYO YUDEN Group has implemented activities to comply with the RBA (Responsible Business Alliance) Code of Conduct, which is a code of conduct related to social responsibility. We regularly have the RBA-VAP audit as third-party evaluation to enhance level of labor, ethics, health and safety, and environment continually.

Target of RBA Code of Conduct

LABOR HEALTH AND SAFETY ENVIRONMENT ETHICS
  • Freely Chosen Employment
  • Young Workers
  • Working Hours
  • Wages and Benefits
  • Humane Treatment
  • Non-Discrimination/Non-Harassment
  • Freedom of Association
  • Occupational Safety
  • Emergency Preparedness
  • Occupational Injury and Illness
  • Industrial Hygiene
  • Physically Demanding Work
  • Machine Safeguarding
  • Sanitation, Food, and Housing
  • Health and Safety Communication
  • Environmental Permits and Reporting
  • Pollution Prevention and Resource Reduction
  • Hazardous Substances
  • Solid Waste
  • Air Emissions
  • Materials Restrictions
  • Water Management
  • Energy Consumption and Greenhouse Gas Emissions
  • Business Integrity
  • No Improper Advantage
  • Disclosure of Information
  • Intellectual Property
  • Fair Business, Advertising and Competition
  • Protection of Identity and Non-Retaliation
  • Responsible Sourcing of Minerals
  • Privacy
MANAGEMENT SYSTEMS
  • Company Commitment
  • Legal and Customer Requirements
  • Improvement Objectives
  • Communication
  • Audits and Assessments
  • Documentation and Records
  • Management Accountability and Responsibility
  • Risk Assessment and Risk Management
  • Training
  • Worker Feedback, Participation and Grievance
  • Corrective Action Process
  • Supplier Responsibility

Flow of Audit

The auditee sites complete a self-assessment questionnaire created by the RBA to understand their internal conditions. The results are summarized by the RBA-VAP audit control department of the Group, and corrective actions are implemented at the auditee sites. An internal audit is conducted based on RBA-VAP audit standards, and after that, an initial RBA-VAP audit is conducted as a third-party evaluation. Non-conformances found in the audit are corrected according to the corrective plan, and to confirm the validity, a closure RBA-VAP audit is conducted.

Self-assessment within sites, Internal audits, RBA-VAP audits (initial audits), Corrective plans for non-compliance issues, RBA-VAP audit (closure audits) Adequacy of corrective measures confirmed

Auditee of RBA-VAP Audit

TAIYO YUDEN CO., LTD. (Japan) Haruna Plant / Nakanojo Plant / Tamamura Plant / Yawatabara Plant
Consolidated Subsidiary (Japan) TAIYO YUDEN CHEMICAL TECHNOLOGY CO., LTD. / FUKUSHIMA TAIYO YUDEN CO., LTD. / NIIGATA TAIYO YUDEN CO., LTD. / WAKAYAMA TAIYO YUDEN CO., LTD. / TAIYO YUDEN Mobile Technology Co., Ltd. (Head Office & Tokorozawa Plant) / ELNA CO., LTD. (Shirakawa Plant & Aomori Plant)
Consolidated Subsidiary (Other Countries) KOREA KYONG NAM TAIYO YUDEN CO., LTD.
TAIYO YUDEN (CHANGZHOU) CO., LTD.
TAIYO YUDEN (GUANGDONG) CO., LTD.
TAIYO YUDEN (PHILIPPINES), INC.
TAIYO YUDEN (SARAWAK) SDN. BHD.

Certification

The results of the RBA-VAP audit are issued with certifications based on scores: Platinum (out of 200 points), Gold (180 points or more), and Silver (160 points or more).
In FY2024, TAIYO YUDEN CO., LTD. Nakanojo Plant and TAIYO YUDEN Mobile Technology Co., Ltd. were certified Platinum, the highest rank. WAKAYAMA TAIYO YUDEN CO., LTD. were certified Gold certification.
At the sites where non-conformities were pointed out, improvements were recognized as a result of the closure audit, and they achieved the highest level of Platinum certification.
The certification is valid for two years from the initial audit.

Platinum Certification in Initial Audit,
TAIYO YUDEN CO., LTD.
Nakanojo Plant
Platinum Certification in Initial Audit,
TAIYO YUDEN Mobile Technology Co., Ltd.
Gold Certification in Initial Audit,
WAKAYAMA TAIYO YUDEN CO., LTD.