Furukawa Electric selected for FTSE4Good Index Series and FTSE Blossom Japan Index for the third year running and MSCI Japan Empowering Women Index (WIN) for the fourth year running
- Medium- to long-term efforts to improve corporate value based on ESG are being appreciated -
- Furukawa Electric was selected for the third year running as a constituent of the “FTSE4Good Index Series” and “FTSE Blossom Japan Index,” representative ESG indices.
- Furukawa Electric was also selected for the fourth year running for the “MSCI Japan Empowering Women Index (WIN),” composed of Japanese companies that excel in promoting the advancement of women.
- We will promote ESG management towards the achievement of the Furukawa Electric Group Vision 2030 and contribute to achievement of the SDGs.
Furukawa Electric Co., Ltd. (Head Office: 2-6-4 Otemachi, Chiyoda-ku, Tokyo, President: Keiichi Kobayashi) was selected as a constituent of the “FTSE4Good Index Series” and “FTSE Blossom Japan Index” for the third year running and as a constituent of the “MSCI Japan Empowering Women Index (WIN)" for the fourth year running.
Background
This fiscal year, Furukawa Electric Group has started to carry out the new Medium-term Management Plan 2022～2025 (2025 Mid-term Plan) “Road to Vision 2030 -Transform and Challenge-”. In the 2025 Mid-term Plan, Furukawa Electric Group aim to grow and leap forward by strengthening existing businesses and creating new businesses to solve social issues, including the realization of carbon neutral and a circular economy, toward 2030, the final year for achieving Vision 2030. Furukawa Electric Group will continue to contribute to the realization of a truly prosperous, sustainable society through continuous technological innovation.
Details
Furukawa Electric was recently selected for the third year running as a constituent of the “FTSE4Good Index Series” and the “FTSE Blossom Japan Index,” which are representative stock indices for ESG (environment, social and governance) investment. Moreover, Furukawa Electric was also selected for the fourth year running for the “MSCI Japan Empowering Women Index (WIN),” which is composed of Japanese companies that excel in promoting the advancement of women and gender diversity.
About the “FTSE4Good Index Series” and “FTSE Blossom Japan Index”
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Also developed by FTSE Russell, the “FTSE Blossom Japan Index” reflects the performance of Japanese companies that implement outstanding ESG initiatives and is one of the indexes used by the Government Pension Investment Fund (GPIF) to make ESG investments.
The MSCI Japan Empowering Women Index (WIN)
This is an ESG index created by MSCI that focuses on S (social). It is composed of Japanese companies with outstanding gender diversity and is one of the indices adopted by the Government Pension Investment Fund (GPIF) to make ESG investments.
(Note)THE INCLUSION OF Furukawa Electric Co., Ltd. IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF Furukawa Electric Co., Ltd. BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.
Furukawa Electric website “Sustainability” page
Furukawa Electric Group’s efforts towards the SDGs
Based on the “Sustainable Development Goals (SDGs)” adopted by the United Nations, Furukawa Electric Group has formulated the “Furukawa Electric Group Vision 2030” which sets the year 2030 as its target and is advancing efforts with the aim to “Build a sustainable world and make people’s life safe, peaceful and rewarding, Furukawa Electric Group will create solutions for the new generation of global infrastructure combining information, energy and mobility.” Toward the achievement of our Vision 2030, we will take open, agile, and innovative approaches to promote ESG management that aims to increase corporate value over the medium to long term and will contribute to the achievement of the SDGs.
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