External Evaluations & Certifications

The forest certification system is a process in which third-party organizations certify forests and their products as being properly managed. We have acquired FSC® and PEFC Chain of Custody (CoC) certifications, both of which are global forest certification systems.

We have acquired ISCC PLUS certification, a globally recognized scheme for sustainable products.
ISCC (International Sustainability and Carbon Certification) is already widely used in Europe as a certification system mainly for biomass. ISCC PLUS is a certification recognizing companies that manage and assure products in the supply chain, such as biomass raw materials manufactured with the mass balance approach* and recycled raw materials. Acquiring this certification has made it possible for us to sell products as ISCC PLUS certified at our Tokyo head office.

GGL (Green Gold Label) is a globally recognized certification that provides assurance that sourced biomass products are produced using a sustainable process.
GGL covers the entire supply chain from production, processing, and transport to final use. Tracing and tracking of products is also assured. GGL certification is done by independent, accredited third-party organizations, and audits are conducted annually.
OVOL New Energy, a group company in Malaysia that handles palm kernel shells (PKS), obtained GGL certification in 2022.

EcoVadis is a French sustainability and supply chain assessment organization that evaluates companies in the four areas of “environment,” “labor and human rights,” “ethics,” and “sustainable procurement.”
In our group, OVOL Singapore, Japan Pulp & Paper GmbH received a Gold rating.

Japan Pulp & Paper Co., Ltd. is currently included in the FTSE Blossom Japan Sector Relative Index, a prominent ESG investment index provided by FTSE Russell.
This index is widely used by investors as a key benchmark for passive ESG investment strategies, and has been adopted by the Government Pension Investment Fund (GPIF) of Japan.

Japan Pulp & Paper Co., Ltd. has been newly selected as a constituent of the JPX Mid and Small Cap Index, which is jointly calculated by JPX Market Innovation & Research, Inc. and Nikkei Inc., for fiscal year 2023 (August 31, 2023-August 29 2024). This new index applies the concept of the JPX-Nikkei Index 400, which is an index comprised of highly attractive listed companies, to mid and small cap equities by selecting companies that focus on capital efficiency and investor-oriented management, and aim to foster greater awareness of such issues among corporate executives.

Japan Pulp & Paper Co., Ltd. has been selected as a constituent of the S&P/JPX Carbon Efficient Index, an ESG-related index jointly developed by the S&P Dow Jones Index (U.S.) and Japan Exchange Group (JPX) since 2018. The index targets the constituents of the Tokyo Stock Price Index (TOPIX), and determines the weight of inclusion in the index by focusing on the status of disclosure of environmental information and the level of carbon efficiency (carbon emissions per unit of revenue). The Government Pension Investment Fund (GPIF) has adopted this index as an ESG (Environmental, Social, Governance) index for domestic securities.