Mercari, Inc. (“Mercari”) is pleased to announce that Mercari has been selected for MSCI ESG Leaders Indexes, a series of ESG investment indexes that feature companies all over the world. In 2022, Mercari was awarded the MSCI ESG rating of AA, the second-highest rating possible, but the inclusion in MSCI ESG Leaders Indexes is a first.
MSCI ESG Leaders Indexes
MSCI ESG Leaders Indexes are a list of indexes compiled by the US-based MSCI Inc. (“MSCI”)1 that are used worldwide and include companies that excel at ESG initiatives.
MSCI ESG Rating
MSCI ESG Ratings analyze the ESG initiatives of companies and grade them according to a seven-level grade scale from highest (AAA) to lowest (CCC) ranking.
Mercari has been included in the MSCI Japan ESG Select Leaders Index2 for four consecutive years, and the MSCI Japan Empowering Women Index3 for two consecutive years.
Click here for a list of the results of ESG-related recognition and awards that Mercari has received from external parties:
1. A financial services company based in New York, USA. Listed on the New York Stock Exchange, the company provides institutional investors around the world with a variety of tools to support their investment decisions. The MSCI’s clientele include large public pension funds, asset managers, and hedge funds. MSCI Website: https://www.msci.com/
2. Developed by MSCI, this index selects stocks from each industry that have a high ESG rating.
3. Also developed by MSCI, this index selects companies deemed exceptional based on the information they disclose regarding gender diversity.
Through our business and corporate activities, Mercari will continue to contribute to realizing a society where all forms of value can be circulated and the potential of all people can be unleashed.
The inclusion of Mercari to MSCI’s indices, the use of MSCI’s logos, trademarks, service marks, and index names are not indicative of MSCI, or any related companies, sponsoring, guaranteeing, or advertising Mercari. MSCI indexes are the exclusive property of MSCI. The names and logos of MSCI indexes are trademarks and service marks of MSCI and its subsidiaries.
Mercari Group’s Sustainability Strategy
Mercari strives to be a planet-positive company that contributes to solving environmental and societal issues through its business activities by realizing a society in which all forms of value circulate seamlessly. In 2023, a report calculating the positive impact of Mercari’s business on carbon emissions revealed that an annual total of 530,000 tons of greenhouse gas emissions were avoided across Japan and the US through Mercari Group’s combined business activities in both countries. In Japan alone, users avoided approximately 43,000 tons of apparel waste (by weight) by listing items they no longer needed on Mercari. This is equivalent to approximately 9% of the total 480,000 tons of apparel thrown away annually in Japan. Going forward, Mercari will strive to do its part in creating a circular economy. We will continue to take action to promote reuse and provide alternatives to throwing items away.
*Reference: Mercari and The University of Tokyo Calculate the Contribution of Mercari Transactions to Avoid Greenhouse Gases