Japan Pulp & Paper Selected for Inclusion in the FTSE JPX Blossom Japan Index and FTSE JPX Blossom Japan Sector Relative Index
Japan Pulp & Paper Co., Ltd. (Head Office: Tokyo, Japan; Representative Director, President & CEO: Akihiko Watanabe; hereinafter “the company”) is pleased to announce that it has been selected as a constituent of the FTSE JPX Blossom Japan Index and the FTSE JPX Blossom Japan Sector Relative Index, two leading ESG investment indices developed by FTSE Russell. This marks the company’s first inclusion in the FTSE JPX Blossom Japan Index and its second consecutive year of inclusion in the FTSE JPX Blossom Japan Sector Relative Index.
Both indices have been adopted by Japan’s Government Pension Investment Fund (GPIF) as benchmarks for passive ESG investment strategies and are widely recognized by investors inside and outside of Japan as important indicators of corporate ESG performance.
◆ About the FTSE JPX Blossom Japan Index
The FTSE JPX Blossom Japan Index, developed by global index provider FTSE Russell, is designed to measure the performance of Japanese companies demonstrating strong Environmental, Social, and Governance (ESG) practices. The index is widely used in the creation and evaluation of sustainable investment funds and other financial products. Constituent companies are selected based on comprehensive ESG assessment criteria, including corporate governance, health and safety, anti-corruption measures, and climate change initiatives.
◆ About the FTSE JPX Blossom Japan Sector Relative Index
The FTSE JPX Blossom Japan Sector Relative Index reflects the performance of Japanese companies that have achieved relatively strong ESG ratings within their respective industries and sectors. The index is specially designed to maintain sector neutrality, thereby avoiding sector bias in its composition. To encourage the transition to a low-carbon economy, companies with higher greenhouse gas emissions are assessed using the Transition Pathway Initiative (TPI) Management Quality framework. Only those companies that demonstrate credible efforts and progress in addressing climate change are eligible for inclusion.
*For more information on the FTSE Blossom Japan Index Series, please visit: FTSE Blossom Japan Index series page
◆Our Group's Fundamental Approach to Sustainability
As a company whose business is rooted in the distribution of paper, a product derived from sustainable resources, Japan Pulp & Paper regards sustainability not only as a means of mitigating risk but also as a critical management priority that supports long-term growth and creates new business opportunities. The Japan Pulp & Paper Group defines sustainability as “sustainable business activities that realize both economic and social value.” Based on this definition, the group has identified four key sustainability themes, Environment, Society, Employees, and Governance, along with 12 material issues, and is advancing initiatives to promote sustainable management.
The group actively discloses information regarding its sustainability initiatives and progress through its corporate website, integrated reports, and other communications channels.
Going forward, we will continue to strengthen our sustainable management practices to help address social challenges, achieve sustainable growth for the group, enhance long-term corporate value, and fulfill the mission set forth in the group’s Corporate Philosophy:
“Carving a better future for society and the environment.”
For more information on the group’s sustainability initiatives and material issues, please visit:
Japan Pulp & Paper Sustainability
Japan Pulp & Paper Integrated Report
For inquiries regarding this matter, please contact:
Public & Investor Relations Office Japan Pulp & Paper Co., Ltd.
