Konica Minolta named to all ESG Indexes
July 15, 2022
Konica Minolta, Inc. (Konica Minolta) has been named to all of the five responsible investment (RI) indexes adopted by Japan’s Government Pension Investment Fund (GPIF).
These five indexes are the FTSE Blossom Japan Index, the FTSE Blossom Japan Sector Relative Index, the MSCI Japan ESG Select Leaders Index, the MSCI Japan Empowering Women Index and the S&P/JPX Carbon Efficient Index.
This is the sixth consecutive year for Konica Minolta to be listed on all of these ESG indexes since the GPIF first adopted them.
Konica Minolta has also been included in the FTSE4Good Index Series, which is one of the most well-known sustainable investment indexes in the world, for 19 consecutive years.
The FTSE4Good Index Series, which was introduced by FTSE Russell, a UK-based global index provider, lists companies around the world demonstrating strong environmental, social and governance (ESG) practices, and provides a means for investors and RI funds to select companies with good sustainability prospects for investment. The FTSE Blossom Japan Index is designed to include Japanese companies with excellent performance in ESG practices, and was selected by GPIF, the world’s largest public pension fund, as one of the ESG indexes for its passive investment strategy.
The FTSE Blossom Japan Sector Relative Index is a comprehensive ESG index that incorporates Japanese companies selected based on assessments of the size of companies’ environmental impact and their management of climate change risks, as well as the ESG assessments of FTSE Russell. This index was adopted as an ESG index by the GPIF in March 2022.
The MSCI Japan ESG Select Leaders Index and the MSCI Japan Empowering Women Index are ESG indexes introduced in 2017 by MSCI Inc., a US-based global ESG research and index provider. These indexes were also adopted by the GPIF.
The S&P/JPX Carbon Efficient Index was launched jointly by S&P Dow Jones Indices, one of the world’s major index providers, and Japan Exchange Group, Inc. Using TOPIX as a benchmark, it is designed to reduce exposure to high-carbon companies while maintaining the risk/return profile similar to that of their benchmarks. This index, too, was selected by GPIF as an environmental index.
Categories : Around the Industry
Tags : Business ESG Indexes GPIF Konica Minolta
