IHI Selected for FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index
FTSE Russell has included IHI Corporation in the FTSE Blossom Japan Index for the first time and the FTSE Blossom Japan Sector Relative Index for the third straight year. Japan’s Government Pension Investment Fund uses both benchmarks as leading environmental, social and governance (ESG) indices.
FTSE Russell, an information services subsidiary of the London Stock Exchange Group, designed those indices to measure the performances of companies with robust ESG practices in Japan.
FTSE Russell evaluates performance in areas including corporate governance, health and safety, anti-corruption, and climate change. Companies in the FTSE Blossom Japan Index satisfy various ESG criteria.
The sector-neutral FTSE Blossom Japan Sector Relative Index reflects the performances of companies with strong ESG practices. It chooses companies with particularly high greenhouse gas emissions, supporting a transition to a low-carbon economy by evaluating improvement efforts through the Transition Pathway Initiative’s Management Quality Score. The initiative assesses companies’ management of greenhouse gas emissions and risks and opportunities associated with transitions to a low-carbon economy.
November 2021 saw the inauguration of the IHI Group's ESG Management, which represents a commitment to a vision of materializing a society in which nature and technology are in harmony. The Group will keep striving to resolve social issues, generate social value, and enhance corporate value.
Note: The Transition Pathway Initiative is a global initiative led by asset owners and supported by investors globally. Aimed at the investment community open access, it assesses companies’ preparedness for transition to a low-carbon economy.
Related information
About the FTSE Blossom Japan Index Series
https://www.lseg.com/en/ftse-russell/indices/blossom-japan
IHI Group ESG Management
https://www.ihi.co.jp/en/sustainable/esg/