Management and Finance

Meiden selected as member of FTSE Blossom Japan Index

2021-02-09

Meidensha Corporation (Meiden) has for the first time been selected as a member of the FTSE Blossom Japan Index, a stock price index for investment based on the environment, social and governance (ESG) activities of Japanese companies.

The index is designed to measure the performance of Japanese companies that demonstrate strong ESG practices. Its members are selected by FTSE Russell, a global developer and manager of indexes for stocks and bonds.

The index includes companies that meet various standards concerning ESG practices. That provides a benchmark and a tool for investors who place importance on corporate social responsibility and sustainable development in making investment decisions. The members of the index are reviewed based on an annual assessment of their performance.

The index has been adopted as an ESG-passive management benchmark by the Government Pension Investment Fund (GPIF) of Japan, the world’s largest public pension fund. It is also widely used to create and evaluate sustainable investment funds and other financial products.

Based on its corporate mission of “illuminating a more affluent tomorrow,” Meiden continues to proactively contribute to solutions for global environmental problems and other social issues through its business activities to realize to realize its value provision, “for customer peace of mind and satisfaction.” Together with its various stakeholders, Meiden is trying to realize a peaceful and dynamic society in which people can co-exist harmoniously with nature.

 

■About the Meiden Group’s CSR
https://meidensha.disclosure.site/en

■About FTSE Blossom Japan Index
https://www.ftserussell.com/products/indices/blossom-japan


Press contacts:

Public & Investor Relations Division
e-mail: kouhou@mb.meidensha.co.jp