Sumitomo Chemical announces that it has adopted Japan’s Stewardship Code (Code), the principles for “responsible institutional investors,” as an institutional investor, i.e., an asset owner of a corporate pension.

This Code was officially announced by the Financial Services Agency in 2014 with the objective of having institutional investors enhance the medium- to long-term investment return for their beneficiaries by improving the corporate value of investee companies and promoting their sustainable growth through constructive engagement and purposeful dialogue. The revised Code 2020 incorporated a clause calling for institutional investors to give consideration to sustainability, including ESG elements consistent with their investment management strategies.