Tokyo Stock Exchange (TSE) and the Ministry of Economy, Trade and Industry (METI) have started a project for selecting and awarding the designation of "SX (Sustainability Transformation*) Brands" to a group of progressive companies. These are corporations that are enhancing their ability to create a source of funds for growth in a sustainable manner, using SX to improve their corporate value.
From October 2 to November 30, 2023, TSE and METI issued a call for TSE-listed companies to apply for designation as SX Brands. They then selected 15 companies to be the first cohort: the "SX Brands 2024." TSE and METI are scheduled to hold a commendation ceremony for the SX Brands 2024 at the SX Symposium 2024 to be held on May 24, 2024.
- Sustainability Transformation (SX) is an initiative to improve corporate value in a long-term, sustainable manner by thinking about the sustainability of both the company and society in a synchronized way and carrying out the necessary management and businesses reforms to achieve this.
