Toyobo : continuously selected as constituent of ESG indices provided by FTSE Russell and MSCI
July 06, 2022 at 10:14 pm EDT
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Toyobo Co., Ltd. is pleased to announce that it has been continuously selected as a constituent of the FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, MSCI Japan ESG Leaders Index and MSCI Japan Empowering Women Index (WIN), which all measure the performance of Japanese companies' environmental, social and governance (ESG) practices.
FTSE Russell, a benchmark provider and wholly owned subsidiary of London Stock Exchange Group, developed the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index. MSCI Japan ESG Leaders Index and MSCI Japan Empowering Women Index are stock price indices developed by MSCI, a major U.S. financial services company. The four indices, whose constituents are reviewed regularly, are used by investors around the world that consider ESG practices to be key investment judgment standards. For example, Japan's Government Pension Investment Fund (GPIF) adopted the indices as benchmarks when making ESG investment decisions.
Under its corporate philosophy "Jun-Ri-Soku-Yu" (adhering to reason leads to prosperity), Toyobo aims to be a group that will continuously "create the solutions needed by people and the earth." On May 26, 2022, the Toyobo Group unveiled Sustainable Vision 2030*, a long-term vision that showed the Group's envisioned state in 2030, sustainability indices and action plans. The Group will continue to help realize a sustainable society by solving social issues through its business activities.
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Toyobo Co. Ltd. published this content on 07 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2022 02:13:03 UTC.
Toyobo Co Ltd is a Japan-based company mainly engaged in the film and functional resin business, industrial material business, and textile and commerce business. It has five business segments. Film and Functional Resin segment manufactures, processes and sells packaging films, industrial films, industrial adhesives, engineering plastics and optical functional materials. Industrial Materials segment manufactures, processes and sells automotive fiber materials, super fibers, non-woven fabrics. Textile and Trading segment manufactures and sells functional clothing, apparel products, clothing textiles, and clothing fibers. Healthcare segment manufactures, processes and sells bio products, pharmaceuticals, medical membranes, medical devices, aqua membranes, and functional filters. It is also engaged in the assembly and sale of seawater desalination modules. The Real Estate segment sells, rents and manages movables. It also designs and constructs buildings and machinery and sells equipment.
TOYOBO CO., LTD. 
