Press ReleasesNippon Paper Industries Selected for Inclusion in "FTSE4Good Index Series"
Nippon Paper Industries Co., Ltd.
This June, Nippon Paper Industries Co., Ltd. was selected for inclusion in the "FTSE4Good Index Series".
The FTSE4Good Index Series, developed by FTSE Russell (U.K.), part of the London Stock Exchange Group, is an index featuring companies that meet global standards in areas related to ESG. The Company was selected for inclusion thanks to favorable evaluations of its initiatives in these areas.
Efforts are being made mainly by long-term investors, including those in Japan, to ensure that company information pertaining to ESG is reflected in their investment decisions, as exhibited by initiatives undertaken by the Government Pension Investment Fund (GPIF), the world's largest institutional investor. Given its inclusion in such a prominent index, the Company expects that more investors will recognize its competitive edge from the perspective of a corporate entity. Meanwhile, with regard to other ESG/RI indexes, the Company remains incorporated on "Ethibel EXCELLENCE" and "Euronext Vigeo World 120 index", respectively.
Going forward, the Company will continue to disclose its CSR initiatives appropriately, and will contribute to sustainable development for society by utilizing external evaluations, suggestions and other feedback based on such indexes as a reference.