Jul 06, 2017
NGK SPARK PLUG CO.,LTD.
Included in Three New Stock Indexes for ESG Investment of FTSE Russell and MSCI
NGK SPARK PLUG CO., LTD. (Chairman and President: Shinichi Odo) is pleased to announce that we have been included in three new stock indexes for ESG investment, the “FTSE Blossom Japan Index” established by FTSE Russell*, and the “MSCI Japan ESG Select Leaders Index” and the “MSCI Japan Empowering Women Index” established by MSCI**
The Government Pension Investment Fund for Japan (GPIF) has selected these three indexes as benchmarks for their ESG investments.
The FTSE Blossom Japan Index reflects the performance of Japanese companies with excellent performance to environmental, social, and governance (ESG) practices, and is designed to be neutral in industry. FTSE Russell measures companies’ evaluation of ESG practices such as corporate governance, health and safety, corruption prevention, and climate change. The FTSE Blossom Japan Index is organized by companies that meet diverse standards concerning the environment, society, and governance based on ESG evaluation.
The MSCI Japan ESG Select Leaders Index is composed of companies with high ESG ratings from each industry. In addition, the MSCI Japanese Empowering Women Index is designed by companies with excellent gender diversity in each industry.
We will continue to leverage ESG practices vigorously as a good member of society and contribute to the sustainable development of society.
FTSE Russell is a wholly owned subsidiary of the London Stock Exchange, and a leading global index provider in the world that creates and manages a wide range of indexes, data and analysis solutions for investors.
MSCI is a leading company that provides institutional investors around the world various information for decision-making. Moreover, it is the largest ESG research its assets under management benchmarking ESG practices exceeding 58 billion US dollars worldwide.