Toppan Holdings has once again been selected for the ESG indices – FTSE JPX Blossom Japan Index and FTSE JPX Blossom Japan Sector Relative Index developed by FTSE Russell, and MSCI Nihonkabu ESG Select Leaders Index and MSCI Japan Empowering Women Index (WIN) – compiled by MSCI.
Being selected to these indices means that Toppan Holdings continues to be included in all of the six ESG indices for Japanese stocks that are used as operating benchmarks for long-term investing by the Government Pension Investment Fund (GPIF) of Japan, one of the world’s largest institutional investors.
GPIF-adopted Japanese ESG stock indices featuring Toppan Holdings
FTSE JPX Blossom Japan Index: Developed and provided by FTSE Russell and Japan Exchange Group (JPX). The FTSE JPX Blossom Japan Index measures and reflects the performance of companies from the FTSE All Cap Japan Index and TOPIX that demonstrate outstanding ESG practices.
FTSE JPX Blossom Japan Sector Relative Index: Developed and provided by FTSE Russell and JPX. In addition to assessment of the overall ESG practices of companies in the FTSE All Cap Japan Index and TOPIX, the FTSE JPX Blossom Japan Sector Relative Index considers response to climate change risks and is adjusted to maintain sector neutrality.
MSCI Nihonkabu ESG Select Leaders Index: Developed and provided by MSCI. Designed as a sector neutral ESG index, the MSCI Nihonkabu ESG Select Leaders Index features companies from the MSCI Nihonkabu Investable Market Index (IMI) that score highly in ESG performance relative to industry peers.
MSCI Japan Empowering Women Index (WIN): Developed and provided by MSCI. The MSCI Japan Empowering Women Index (WIN) is composed of companies in the MSCI Japan IMI Top 700 Index that are recognized for their excellence in gender diversity and human capital initiatives, such as percentages of women among management.
S&P/JPX Carbon Efficient Index: Developed and provided by S&P Dow Jones Indices and JPX. The S&P/JPX Carbon Efficient Index recognizes companies included in TOPIX that demonstrate a sound record of environmental disclosure and a high level of carbon efficiency (low carbon emissions per unit of sales).
Morningstar Japan ex-REIT Gender Diversity Tilt Index: Developed and provided by Morningstar. The Morningstar Japan ex-REIT Gender Diversity Tilt Index uses data and assessment methods provided by Equileap to identify companies with strong penetration of corporate cultures embracing gender diversity and companies that have committed to equal opportunities for employees.
Going forward, the Toppan Group will continue to work with all stakeholders to shape a sustainable society and raise corporate value in pursuit of its vision of “True Value Transformation.”
