Tokyo - April 07, 2022
The new FTSE Blossom Japan Sector Relative Index is an index created by global index provider FTSE Russell, which reflects the performance of Japanese companies that demonstrate outstanding Environmental, Social and Governance (ESG) practices relative to their respective sectors and is designed to be sector neutral.
To promote the transition to a low-carbon economy, companies with particularly high greenhouse gas emissions are included only if their improvement efforts are evaluated using the Transition Pathway Initiative's Management Quality Score.
The FTSE Blossom Japan Sector Relative Index has been selected by the Government Pension Investment Fund (GPIF), which is the world's largest public pension fund, to be used as a benchmark for ESG passive management.
We have also been included in the FTSE4Good Index and the FTSE Blossom Japan Index(Note 1), which are the indices also created by FTSE Russel, and this is the third case for us to be selected by FTSE Russell.
The MOL Group set a target of achieving net zero GHG emissions by 2050 in "MOL Group Environmental Vision 2.1"(Note 2) announced in June 2021.
Based on this Environmental Vision 2.1, we will further accelerate initiatives to conserve the ocean and global environment, including measures against climate change.
FTSE Russell (Registered trademark of FTSE International Limited and Frank Russell Company) hereby certifies that Mitsui O.S.K. Lines, Ltd. has qualified for inclusion in the FTSE Blossom Japan Sector Relative Index as a result of independent research. The FTSE Blossom Japan Sector Relative Index is widely used to create and evaluate sustainable investment funds and other financial products.
FTSE Blossom Japan Sector Relative Index
FTSE Blossom Japan Index Series | FTSE Russell
(Note1) Please refer to the August 11, 2021, press release: MOL Marks Consecutive Listings on FTSE4 Good Index Series and FTSE Blossom Japan Index
URL : https://www.mol.co.jp/en/pr/2021/21070.html
(Note2) For details, please refer to the full text of "MOL Group Environmental Vision 2.1"
Mitsui O.S.K. Lines, Ltd. press release