Tokyo, Japan --- Teijin Limited announced today that it received a rating of AAA in the MSCI ESG Ratings assessment, a global benchmark for environmental, social and governance (ESG) indexes issued by MSCI, a leading provider of ESG research and indexes used by the global investment community as of February 2022. In an evaluation of 64 companies in the global commodity chemicals industry, Teijin was placed in the top 2%.
The MSCI ESG Ratings target thousands of companies for comparison within their respective industries in terms of ESG risks, which are ranked on seven levels, from AAA down to CCC.
Teijin received high marks in areas including corporate governance and toxic emissions & waste. It was also recognized for strengthening its governance by establishing the Teijin Group Anti-Corruption Policy and for reducing environmental impact over the entire life cycle of products, including all processes from material procurement through to production, use, and disposal.
Teijin is also included in other international ESG indexes, such as the FTSE Blossom Japan Sector Relative Index and the FTSE Blossom Japan (All Cap) which are ESG investment indicators adopted by Japan$B!G(Bs Government Pension Investment Fund (GPIF).
The Teijin Group is committed to focusing on people, providing innovative solutions to enhance the quality of life, while minimizing the impacts of our activities on the environment and society.
Note: THE USE BY TEIJIN LIMITED OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES ("MSCI")
DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF TEIJIN LIMITED BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED 'AS-IS' AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.
About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the fields of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Originally established as Japan's first rayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing three core business domains: high-performance materials including aramid, carbon fibers and composites, and also resin and plastic processing, films, polyester fibers and products converting; healthcare including pharmaceuticals and home healthcare equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing care and pre-symptomatic healthcare; and IT including B2B solutions for medical, corporate and public systems as well as packaged software and B2C online services for digital entertainment. Deeply committed to its stakeholders, as expressed in the brand statement "Human Chemistry, Human Solutions," Teijin aims to be a company that supports the society of the future. The group comprises more than 170 companies and employs some 20,000 people across 20 countries worldwide. Teijin posted consolidated sales of JPY 836.5 billion (USD 7.7 billion) and total assets of JPY 1,036.4 billion (USD 9.5 billion) in the fiscal year that ended on March 31, 2021.
Please visit www.teijin.com Press Contact Corporate Communications Teijin Limited +81 (0)3 3506 4055 pr@teijin.co.jp
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