NYK has been selected as an index component for the FTSE4Good Index Series*, the major evaluation benchmark of ESG (Environmental, Social, and Governance) indexes, for the 18th straight year. Additionally, the company has been selected for the FTSE Blossom Japan Index**, the benchmark of performance by Japanese corporations having excellent responses to ESG issues, for the fourth consecutive year.
The FTSE4Good Index is a leading indicator used by investors who place importance on corporate social responsibility and sustainability. The FTSE Blossom Japan Index provides market participants with a tool to identify and measure the performance of Japanese companies that demonstrate strong ESG practices.
In accordance with its new medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” NYK has integrated ESG principles into management strategies. NYK continues to contribute to the sustainable development of society and enrichment of the company’s corporate value by addressing social and environmental issues though its business.
“FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Nippon Yusen Kaisha has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to become a constituent of the FTSE4Good Index Series.” Created by the global index provider FTSE Russell, 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.
* FTSE4Good Index Series
The index consists of companies that meet global standards in terms of ESG developed by FTSE Russell, a global index provider that provides benchmarking, analytics, and data for investors worldwide.
** FTSE Blossom Japan Index
An index created by FTSE Russell to measure the performance of Japanese companies having excellent responses to environmental, social, and governance (ESG) issues. In 2017, Japan’s Government Pension Investment Fund, one of the world’s largest pension funds, selected the FTSE Blossom Japan Index as one of the benchmarks for its ESG investment strategy. Additionally, the index is widely used for sustainable investments and other financial instruments.
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