Kawasaki Selected as a Constituent of FTSE Blossom Japan Sector Relative Index
Apr. 05, 2022
Kawasaki Heavy Industries, Ltd. has been selected as a constituent of the FTSE Blossom Japan Sector Relative Index.
The FTSE Blossom Japan Sector Relative Index, developed by global index provider FTSE Russell, is designed to measure the performance of Japanese companies that have relatively strong Environmental, Social, Governance (ESG) practices in individual sectors. The index is designed so that sector weights align with the Japanese equity market. In addition, this index supports the transition to a low-carbon economy by selecting companies with particularly high GHG emissions as constituent stocks only if they have achieved a reduction in GHG emissions based on the TPI Management Quality Score. The FTSE Blossom Japan Sector Relative Index is used by Japan’s Government Pension Investment Fund (GPIF) as a benchmark for passive ESG investment management.
Kawasaki’s sustainability management and information disclosure were highly evaluated, and Kawasaki was selected for inclusion in the FTSE Blossom Japan Sector Relative Index.
Kawasaki will remain committed to the fulfillment of its sustainability as a global entity, with a view towards realizing the Group Mission, “Kawasaki, working as one for the good of the planet.”