MHI Selected for Inclusion in All Four GPIF ESG Investment Indices for a Second Consecutive Year -- High Acclaim for Initiatives Relating to Environment, Social, and Corporate Governance Issues --

Tokyo, February 7, 2020 - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Government Pension Investment Fund (GPIF), one of the world's largest pension funds, as a constituent of all four of its indices used as references for making ESG (environmental, social, and governance) investments into Japan's corporate sector. This is the second consecutive year for MHI to receive this recognition. Selection by GPIF reflects the high acclaim accorded to MHI Group's ESG-related initiatives, specifically its response to environmental issues and social challenges, and bolstering of corporate governance.

GPIF issues four ESG indices:

MHI has proactively undertaken diverse initiatives in each aspect of ESG in pursuit of sustainable social development, including reducing environmental burdens both internally and at customer sites, promoting women's empowerment, conducting social contribution activities, and strengthening corporate governance and information disclosure. These efforts were recognized with MHI's selection for these four indices, and in September 2019 for inclusion for a third consecutive year in the Asia Pacific Index of the Dow Jones Sustainability Indices (DJSI), one of the world's leading investment indices for ESG performance.

Going forward, MHI Group will continue to remain aware of social trends, make efforts to expand its initiatives for the UN's Sustainable Development Goals (SDGs) and ESG as well as ensure appropriate disclosure, and through its business activities, contribute to the building of a sustainable society.