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TOKYO, July 3, 2019 - (JCN Newswire) - Mitsubishi Motors Corporation has been selected by MSCI(1) as a constituent of the MSCI Japan Empowering Women Index (WIN) for the second year in a row.
WIN calculates scores based on disclosed gender diversity-related information, such as the ratio of women hired or in management-level positions and selects those companies where long-term sustainable growth can be expected. The Index is used by the Government Pension Investment Fund (GPIF)(2) as one of the indexes used for making environmental, social and corporate governance (ESG) investments(3).
For the past five years, since launching its Diversity Promotion Policy in July 2014, Mitsubishi Motors has been engaged Di@MoND4 (Diversity @ Mitsubishi Motors New Drive) activities for creating a pleasant working environment that respect the diversity of its employees and enable them to work with vitality.
The promotion of women's participation is one of the priority issues being addressed through Di@MoND. Mitsubishi Motors has also formulated an action plan for the promotion of women's participation, based on the Act on the Promotion of Female Participation and Career Advancement in the Workplace. The company's current target is to increase the number of women in management-level positions to 100 by the end of fiscal 2020, achieved through measures such as the provision of support for women's career development and the simultaneous pursuit of work and childcare,.
Mitsubishi Motors will continue to engage proactively in ESG initiatives and contribute to the realization of a sustainable society.
(1) Largest ESG-related research body in Japan and financial services company that calculates stock price indexes and provides portfolio analysis tools
(2) An independent administrative institution of the Ministry of Health, Labor and Welfare that carries out the management and investment of the reserve funds of the Government Pension Plan
(3) Investments that utilize not only quantitative financial information but also nonfinancial information (i.e., ESG, a company's environmental, social and corporate governance initiatives) evaluations as elements in its decision-making
(4) Diversity enhancement activities that Mitsubishi Motors has been engaged in since 2014 in response to the continually changing business and market environments; objectives are to contribute to sustainable growth and the enhancement of corporate value
Contact:
Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6852-4275
Topic: Press release summary
Source: Mitsubishi Motors
Sectors: Automotive
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From the Asia Corporate News Network
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