Furukawa Electric continuously selected for FTSE4Good Index Series and FTSE Blossom Japan Index Series and MSCI Japan Empowering Women Index (WIN)
- Medium to long-term efforts to improve corporate value based on ESG are being appreciated -
- Furukawa Electric was selected for the four year running as a constituent of the “FTSE4Good Index Series” and “FTSE Blossom Japan Index,” representative ESG indexes and for two year running for FTSE Blossom Japan Sector Relative Index.
- Furukawa Electric was also selected for the five 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: Hideya Moridaira) was selected as a constituent of the “FTSE4Good Index Series” and the “FTSE Blossom Japan Index” for the four year running and as the “FTSE Blossom Japan Sector Relative Index” for the two year running, and as the “MSCI Japan Empowering Women Index (WIN)" for the five year running.
Background
Furukawa Electric Group is now in the second year of 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 aims 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. We will continue to promote management that aims to enhance corporate value over the medium to long term based on ESG and contribute to the achievement of the SDGs (Sustainable Development Goals).
Details
Furukawa Electric was recently selected for the four year running as a constituent of the “FTSE4Good Index Series” and the “FTSE Blossom Japan Index,” which are representative stock indexes for ESG (environment, social and governance) investment, and for the two year running for FTSE Blossom Japan Sector Relative Index. Moreover, Furukawa Electric was also selected for the five 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 Series”
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 Series” 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 indexes 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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