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whistleblower-protection.org

Home

⚖️ Legal Gaps – Japan’s Whistleblower Law

🟦 Infroneer Non-Compliance

🟩 Government Non-Compliance

🟫 Media Non-Compliance

🟪 Finance Non-Compliance

🟥 Japan NCP Non-Performance

🟦 U.S. NCP Non-Performance

📘 Evidence Timeline

 MSCI ESG Ratings「AA」

MSCI ESG Ratings「AA」

Infroneer Holdings Corporation

(Head Office: Chiyoda-ku, Tokyo, President: Issei Kibe, hereinafter “the Company”)

The Company received, for the first time in April 2025, an “AA” rating under the globally recognized ESG evaluation index MSCI ESG Ratings.

About MSCI ESG Ratings

MSCI ESG Ratings is an index by MSCI (Morgan Stanley Capital International, USA) that evaluates companies worldwide from the perspective of environment, social, and governance (ESG).

It analyzes how well companies manage various risks and rates them on a seven-grade scale from the highest “AAA” to the lowest “CCC.”

Details of This Evaluation

In this evaluation, the Company’s corporate governance received high marks, particularly for:

  • Independence of auditors
  • Engagement with shareholders in the selection of directors

As a result, the Company’s rating was upgraded from “A” to “AA.”

Furthermore, we believe our strategy in renewable energy business was also positively evaluated.

Relation to the Medium-term Management Plan

In March 2025, the Company announced its new medium-term management plan,

“INFRONEER Medium-term Vision 2027.”

To respond to a changing business environment and diversified business domains,

we are maximizing the design philosophy of a company with a nominating committee and are further evolving toward the ideal governance system.

With forward-looking business strategies and strong execution, we aim to achieve sustainability and sustainable enhancement of corporate value.

■ Infroneer Group’s Sustainability Initiatives

🔗 https://www.infroneer.com/jp/sustainability/

Regarding the Acquisition of “AA” Rating in MSCI ESG Ratings

  • Announcement Date: May 27, 2025
  • Audience: All concerned parties

※ Related Releases

  • 2024/05/08
  • Selected as a constituent of the “MSCI Japan ESG Select Leaders Index”

    🔗 https://www.infroneer.com/jp/news-article/2024/05/08/834.html

  • 2025/03/26
  • Announcement of “INFRONEER Medium-term Vision 2027” Medium-term Management Plan

    🔗 https://www.infroneer.com/jp/news-article/2025/03/26/974.html

Disclaimer (Related to MSCI)

The use of data from MSCI ESG Research LLC or its affiliates (hereinafter “MSCI”),

and the use of MSCI logos, trademarks, service marks, or index names by the Company Group

do not constitute sponsorship, endorsement, or promotion by MSCI of the Company Group.

MSCI services and data are the property of MSCI and its information providers,

provided “as is,” and without any warranty.

The name and logo of MSCI are trademarks or service marks of MSCI.

<Contact Information>

Infroneer Holdings Corporation

Corporate Strategy Department, Sustainability Promotion Office

📧 E-Mail: CSR@infroneer.com

MSCI ESG Ratings “AA” Website