Toyobo selected as member of ESG-oriented FTSE Blossom Japan Index for first time
Toyobo Co., Ltd. has for the first time been selected as a member of the FTSE Blossom Japan Index, a benchmark that measures the performance of Japanese companies based on their environmental, social and governance (ESG) practices and is used as a tool for developing investment strategies.
FTSE Blossom Japan Index was developed by FTSE Russell, an index provider which is a subsidiary of London Stock Exchange Group. The index is composed of Japanese companies whose ESG practices have met international evaluation standards, and its composite companies are subject to semiannual review. The index is used as a key investment strategy reference by many investors around the world, including Japan’s Government Pension Investment Fund, the world’s biggest pension fund.
Under its corporate philosophy, “Jun-Ri-Soku-Yu” (adhering to reason leads to prosperity), the Toyobo Group will continue to “create the solutions needed by people and the earth.” The Group is committed to adopting business management practices based on sustainability, such as by building a company-wide system to reduce emissions and attain carbon neutrality. Going forward, the Group aspires to remain a company trusted by society and that contributes to making society sustainable by solving social issues through its business activities.
For more information, contact
Public Relations Group, Corporate Communication Department, Toyobo Co., Ltd.
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