Jul 16,2025

1.Objective

In March 2025, GPIF has established the "Sustainability Investment Policy," which outlines its fundamental approach to sustainability investments, including investments considering ESG and impact.
In accordance with this policy, GPIF shall aim to contribute to improving the long-term performance of its entire portfolio by achieving both "reduction of sustainability-related risks and improvement of sustainability of markets" and "the securing of market average return" in sustainability investment. This policy also describes the approach to sustainability investment, its purpose, principal initiatives, evaluation / verification of its effects, implementation system, governance and information disclosure. In the "GPIF's Initiatives for Sustainability Investment" announced at the same time as the "Sustainability Investment Policy," it is stated that GPIF will solicit new ESG indexes that will contribute to the improvement of medium- to long-term risk-return through the index posting system.
Based on the "Sustainability Investment Policy", etc., GPIF calls for application for new ESG indexes and ESG funds for domestic and global equities (hereinafter, "ESG indexes and ESG funds"), which are expected to achieve both "reduction of sustainability-related risks and improvement of sustainability of markets" and "securing of market average return," through the Index Posting System and the Manager Registration System.

2.Requirements

The major requirements for ESG indexes and ESG funds, for which GPIF calls for application in this announcement, are as follows.

• Investing in the index or fund is expected to have positive sustainability effects, such as reducing risks related to sustainability.
• In principle, establish the KPIs related to ESG factors, in order to enhance the measurement of the positive sustainability effects, such as reducing risks related to sustainability (It is desirable that the KPIs related to ESG factors can be referred by GPIF and are available to GPIF).
• The market average return is expected to be secured on a stable basis.

3.Application Procedure

For ESG indexes, please apply through the Index Posting System. For ESG funds, please apply through the Manager Registration System.
Please refer to the pages of the Index Posting System and the Manager Registration System respectively for qualifications, evaluation standard for selection, required documents, important notice for application, and contact information.

(1)the Index Posting System（ Please refer to this page.）
(2)the Manager Registration System（ Please refer to this page.）

GPIF accepts not only individual submissions of an ESG index or an ESG fund but also joint proposals submitted by multiple entities including both an ESG index and an ESG fund. In such cases, the ESG index should be submitted via the Index Posting System, and the ESG fund via the Manager Entry, and please inform us of the joint application at the time of the application.