Rakuten Receives “AA” ESG Rating from MSCI

Rakuten Group, Inc. (the "Company") is pleased to announce that it received an upgraded rating from MSCI, from "A" to "AA". This places the Company among "Leaders" – organizations with strong ESG performance.

The Company's efforts and proactive disclosure of information regarding its environmental, social, and governance practices, including policies against bribery and corruption and auditing of ethics standards, strong labor management and data security practices were some of the key indicators that MSCI positively evaluated. The Company has also been listed* as a component of major MSCI ESG indices, including the MSCI ESG Leaders Index and the MSCI Japan Empowering Women Index (WIN).

 With the mission of “empowering people and society through innovation and entrepreneurship”, the Company has been working towards the realization of a sustainable society and will continue to take actions related to ESG issues, while communicating with stakeholders by disclosing related information promptly, transparently, and appropriately. For more information on the Company’s ESG initiatives, please visit the Sustainability pages on its corporate website. (https://global.rakuten.com/corp/sustainability/)

■About MSCI
MSCI ESG Ratings aim to measure a company’s resilience to long-term, financially relevant ESG risks by leveraging artificial intelligence (AI) and alternative data to deliver dynamic investment-relevant insights to power investment decisions.

*The inclusion of Rakuten Group, Inc. in any MSCI index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement or promotion of Rakuten Group, Inc. by MSCI or any of its affiliates. The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademark or service marks of MSCI or its affiliates.