Toyobo continuously selected as constituent of ESG indices provided by FTSE Russell and MSCI
Jul 7, 2022
Toyobo Co., Ltd. is pleased to announce that it has been continuously selected as a constituent of the FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, MSCI Japan ESG Leaders Index and MSCI Japan Empowering Women Index (WIN), which all measure the performance of Japanese companies’ environmental, social and governance (ESG) practices.
FTSE Russell, a benchmark provider and wholly owned subsidiary of London Stock Exchange Group, developed the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index. MSCI Japan ESG Leaders Index and MSCI Japan Empowering Women Index are stock price indices developed by MSCI, a major U.S. financial services company. The four indices, whose constituents are reviewed regularly, are used by investors around the world that consider ESG practices to be key investment judgment standards. For example, Japan’s Government Pension Investment Fund (GPIF) adopted the indices as benchmarks when making ESG investment decisions.
Under its corporate philosophy “Jun-Ri-Soku-Yu” (adhering to reason leads to prosperity), Toyobo aims to be a group that will continuously “create the solutions needed by people and the earth.” On May 26, 2022, the Toyobo Group unveiled Sustainable Vision 2030*, a long-term vision that showed the Group’s envisioned state in 2030, sustainability indices and action plans. The Group will continue to help realize a sustainable society by solving social issues through its business activities.
|*||Toyobo “Sustainable Vision 2030” https://www.toyobo-global.com/sustainability/|
For more information, contact
Public Relations Group, Corporate Communication Department, Toyobo Co., Ltd.
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