News Release
Selected for Inclusion in the FTSE Blossom Japan Sector Relative Index for the First Time
Japan Pulp & Paper Co., Ltd. (Head Office: Tokyo, Japan; Representative Director, President & CEO: Akihiko Watanabe; hereinafter “the company”) is pleased to announce its first-time inclusion in the FTSE Blossom Japan Sector Relative Index, a prominent ESG investment index provided by FTSE Russell. This index is widely used by investors as a key benchmark for passive ESG investment strategies, including its adoption by the Government Pension Investment Fund (GPIF) of Japan.
◆About the FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index is designed as a sector neutral 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.
※Further information can be found online at the FTSE Blossom Japan Index series page
◆Our Group's Fundamental Approach to Sustainability
The company recognizes that responding to societal demands for sustainability is a critical management challenge that not only reduces risks but also creates revenue opportunities. In 2022, we established the Executive Sustainability Committee and the Corporate Sustainability Division as its operational body to strengthen our sustainable management framework. We define sustainability as “business activities that realize both economic and social value,” and have clarified our group's approach to social issues by identifying four themes — Environment, Society, Employees, and Governance — and 12 material issues. We are also actively disclosing our sustainability initiatives through our website and integrated reports. Going forward, we will continue to advance sustainable management, striving to resolve social issues, achieve sustainable growth for the group, and enhance long-term corporate value, while fulfilling the group's mission as stated in our Corporate Philosophy: “carving a better future for society and the environment.”
※For more information on our group's specific sustainability initiatives and material issues, please visit the following URLs:
Sustainability
Integrated Report
＊FTSE Russell confirms that Japan Pulp & Paper Co., Ltd. has been independently assessed according to the index criteria, and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Sector Relative Index. The FTSE Blossom Japan Sector Relative Index is used by a wide variety of market participants to create and assess responsible investment funds and other products.
For inquiries regarding this matter, please contact:
Public & Investor Relations Office Japan Pulp & Paper Co., Ltd.
