TRANSLATION - FOR REFERENCE ONLY -
July 18, 2025
KOKUSAI ELECTRIC CORPORATION (President and CEO: Kazunori Tsukada, Head Office: Chiyoda-ku, Tokyo, Japan) has been recognized for its efforts in the fields of environment (E), society (S) and governance (G), and has been selected for the first time as a constituent stock of the ESG investment index "FTSE Blossom Japan Sector Relative Index."
The FTSE Blossom Japan Sector Relative Index*1 is designed as a sector neutral*2 benchmark that reflects the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices in Japan. The index selects companies with higher ESG Ratings within the top 50% of each sector and supports climate transition to a low carbon economy by evaluating companies’ climate governance and climate change efforts via the Transition Pathway Initiative’s Management Quality Score*2.
This index has also been selected as one of the indices for ESG investment adopted by the Government Pension Investment Fund (GPIF), the world's largest institutional investor.
Under the corporate slogan "Technology & Tai-wa for Tomorrow," we will pursue economic, environmental, and social values from both business and ESG (resolving environmental and social issues and strengthening governance) aspects, with the aim of contributing to the achievement of SDGs and realizing a sustainable society and our group’s sustainable development.
*2: In order to reduce bias in certain industries, the constituent stocks are selected taking into account the sector (specific industry) ratios of the parent index, the FTSE Japan All Cap Index
*3: TPI stands for Transition Pathway Initiative, an initiative established in 2017. The TPI Management Quality Score is an index that evaluates the quality of a company's management of risks and opportunities related to greenhouse gas emissions and the transition to decarbonization.