Brother Included in "FTSE4Good Index Series" ESG Investment Index for the Third Consecutive Year
July 14, 2022
Brother Industries, Ltd.
Brother Industries, Ltd. (President: Ichiro Sasaki) today announced that the company has been included for the third consecutive year in the globally renowned FTSE4Good Index Series ESG investment stock index. The FTSE4Good Index Series is a series of indexes established by London Stock Exchange Group company FTSE Russell. It consists of companies that have met standards for evaluating environmental, social, and governance (ESG) practices.
In addition, Brother has also been included for the third consecutive year in the FTSE Blossom Japan Index, another ESG index, which was adopted by Japan's Government Pension Investment Fund (GPIF), which manages the largest pool of funds in the world. Brother is included in four of the five ESG indexes adopted by GPIF: the FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, MSCI Japan Empowering Women (WIN) Select Index, and S&P/JPX Carbon Efficient Index.
In heading toward fiscal 2030 with the Brother Group Vision "At your side 2030," the Brother Group declared that it would contribute to the environment and a better future, stating "By being 'At your side,' we enable people's productivity and creativity, contribute to society, and help protect the earth." In addition, the company formulated the Brother Group Environmental Vision 2050 to contribute to solving social environmental issues, focusing on activities related to reduction of CO2 emissions, resource circulation, and biodiversity conservation. The medium-term CO2 emissions reduction target for FY2030 has been certified by the international Science Based Targets initiative (SBTi) as a target for achieving the 1.5°C target. The Brother Group also announced support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and is analyzing the business risks and opportunities brought by climate change, incorporating these results into management and disclosing relevant information. In addition, to become a company trusted by all stakeholders, the Group is strengthening systems to assess and correct risks in its supply chains by striving to reduce the impacts on human rights, labor, safety and health, and the global environment. To operate sustainable businesses, the Group is also strengthening governance with enhancement of its corporate value over the long term by optimizing management resources and creating customer value as the basic policy.
The Brother Group remains committed to implementing ESG-focused management and will strive for the sustainable improvement of corporate value by developing its business and fulfilling its social responsibilities.
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Brother Industries Ltd. published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2022 05:13:08 UTC.
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.