For the first time in its history, Nidec Corporation has been included in “FTSE4Good Index Series” and “FTSE Blossom Japan Index,” both of which are representative stock price indexes for ESG (Environmental, Social, and Governance) investment*.
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
The FTSE Blossom Japan Index is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices in Japan.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series and the FTSE Blossom Japan Index meet a variety of environmental, social and governance criteria.
The FTSE Blossom Japan Index is part of the ESG investment by Japan’s Government Pension Investment Fund (GPIF) as well.
Realizing the importance of its actions and information disclosure in these individual ESG-related fields, the Nidec Group, which is focused mainly on the eight issues that it selected from those fields based on the group’s “CSR Vision 2020,” intends to further improve the quality of its actions and information disclosure.
FTSE Blossom Japan Index’s website
Details on the Nidec group’s CSR Vision 2020
*ESG investment: An investment tool that focuses on companies demonstrating strong Environmental, Social and Governance (ESG) practices.