SG Holdings Co., Ltd. (Head Office: Minami-ku, Kyoto; Chairperson and CEO: Eiichi Kuriwada) has been selected as a constituent of the MSCI Selection Indexes (formerly the MSCI ESG Leaders Indexes) ^*1 a key ESG-focused series of indexes created by U.S.-based Morgan Stanley Capital International Inc. (MSCI), for four consecutive years. The company has also been selected as a constituent stock of the MSCI Nihonkabu ESG Select Leaders Index ^*2 for two consecutive years the MSCI Japan Empowering Women Index (WIN)^*3 for seven consecutive years.
　
With this selection, the company is included in all six domestic indexes currently used by the Government Pension Investment Fund (GPIF), one of the world's largest pension funds, for ESG investments in Japanese domestic equities. Six indexes used by GPIF are, the FTSE Blossom Japan Index, the FTSE Blossom Japan Sector Relative Index, the MSCI Nihonkabu ESG Select Leaders Index, the MSCI Japan Empowering Women Index (WIN), the S&P/JPX Carbon Efficient Index, and the Morningstar Japan ex-REIT Gender Diversity Tilt Index.
　
The company is committed to stakeholder management and will respond to the expectations of our customers, employees, local communities, shareholders and suppliers. We will strive to enhance our corporate value through continuous effort to realize a sustainable society, through various initiatives.

*The inclusion of SG Holdings Co., Ltd. in any MSCI Index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement or promotion of SG Holdings Co., Ltd. by MSCI or any of its affiliates. The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.

 *1 MSCI Selection Indexes
　Developed by MSCI, the index is composed of companies with high ESG ratings relative to their peers.
　In February 2025, the "MSCI ESG Leaders Indexes" were renamed "MSCI Selection Indexes".
*2 MSCI Nihonkabu ESG Select Leaders Index
　Developed by MSCI, the index is composed of Japanese stocks with high ESG ratings from each industries.
*3 MSCI Japan Empowering Women Index (WIN)
　Developed by MSCI, the index selects Japanese stocks with high gender diversity scores that promote women's advancement from each industry.

【Reference】
SG Holdings , External Recognition
https://www.sg-hldgs.co.jp/en/csr/award/