MHI Included in "World Index" of Dow Jones Sustainability Index for the First Time -- Selection Based on Company's Excellent ESG Investment Criteria --

Tokyo, December 15, 2023 - For the first time, Mitsubishi Heavy Industries, Ltd. (MHI) has been selected for inclusion in the "World Index" of the Dow Jones Sustainability Index (DJSI), one of the world's leading investment indices for ESG (environmental, social and governance) performance. The Company scored an overall ranking in the 98th percentile within its industry (Note), in reflection of its strong initiatives in all ESG areas and the high quality of its disclosure reports.

The DJSI was developed in 1999 by the U.S. firm S&P Dow Jones Indices and the Swiss investment advisory company RobecoSAM. Based on long-term shareholder value, listed companies around the world are assessed in terms of their overall economic, environmental and social criteria, with those determined to have exceptional sustainability selected for inclusion in the index. MHI was one of 321 companies selected for the DJSI's 2023 World Index (of which 39 were Japanese companies), from a total of around 3,500 major companies monitored worldwide.

MHI Group proactively implements a diverse portfolio of ESG measures toward realizing a sustainable society. These include measures to reduce environmental loads from its own and its customers' operations, active promotion of diversity, and strengthening of the Company's corporate governance and disclosures.

Going forward, MHI will continue robust pursuit of its dual aims of realizing a sustainable society and building up its enterprise value over the long term.

• Relative rank above the industry's lowest-scoring member