Sojitz Selected as Constituent of ESG Investment Stock Indexes “FTSE4Good Index Series” and “FTSE Blossom Japan Index”
Jun. 22, 2018
Sojitz Corporation (“Sojitz”), upon recognition of its undertakings and information disclosure in the fields of the environment, society, and governance, has been selected as a constituent of the “FTSE4Good Index Series” and “FTSE Blossom Japan Index,” a global stock index created by global index and data provider FTSE Russell*1,
● FTSE4Good Index Series
The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
● FTSE Blossom Japan Index
The FTSE Blossom Japan Index is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices in Japan, and is also used for the three Japanese stock ESG indexes operated by the Government Pension Investment Fund (GPIF).
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series and the FTSE Blossom Japan Index meet a variety of environmental, social and governance criteria.
*1 100% subsidiary of the London Stock Exchange. Creates and manages indexes and provides related financial data on a global scale.
*2 The other two indexes are the MSCI Japan Empowering Women Index “WIN” and general ESG index “ESG Select Leaders.” Sojitz was also selected for the MSCI Japan Empowering Women Index “WIN.”
In striving to “create prosperity” as set forth in its corporate statement, Sojitz will continue to conduct business activities that respond to the expectations of its various stakeholders while maximizing areas of shared value between its “two types of value”: “value for Sojitz,” such as an enhanced business foundation and sustained growth, and "value for society," such as development of local economies and consideration for human rights and the environment.
■ Sojitz Sustainability Initiatives
■ Sojitz Sustainability Focus Areas (materiality)