ITOCHU has been selected as an index constituent of FTSE4Good Index Series and FTSE Blossom Japan Index
December 27, 2019
FTSE4Good Index Series
The FTSE4Good Index Series is a stock index developed by FTSE Russell, which is a wholly owned subsidiary of the London Stock Exchange. FTSE Russell evaluates major corporations around the world from the aspects of environmental, social, and governance criteria on the basis of corporate sustainability. It selects companies that satisfy its standards as constituents of the index. ITOCHU Corporation fulfilled the criteria of the index and was selected in the FTSE4 Good Index Series.
FTSE Blossom Japan Index
The FTSE Blossom Japan Index is designed to measure the performance of Japanese companies that demonstrate strong environmental, social, and governance (ESG) practices. The index uses FTSE Russell's ESG Ratings data model, which draws on existing international ESG standards and is adopted by the Government Pension Investment Fund (GPIF) of Japan as a core ESG benchmark for its passive investments. ITOCHU Corporation fulfilled the criteria of the index and was selected in the FTSE Blossom Japan Index.
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that ITOCHU Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index 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 indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.