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IBIDEN Co, Ltd. is pleased to announce that it has been selected for FTSE4Good Index Series for the seventh consecutive year, and FTSE Blossom Japan Index for the sixth consecutive year.
The index was created by FTSE Russell, a global index/data provider that is wholly owned by London Stock Exchange Group. The FTSE Blossom Japan Index is also designed to measure company performance demonstrating strong ESG practices: Environmental, Social and Governance. The FTSE Blossom Japan Index is used by a wide variety of market participants to create and assess sustainable investing and other financial products. In addition, IBIDEN Co, Ltd. continues to be selected as a component of FTSE Blossom Japan Sector Relative Index, which was selected in March 2022. And furthermore, FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index have been selected by the Government Pension Investment Fund for Japan (GPIF) as benchmarks for its ESG investment.
IBIDEN Group upholds a "harmonious relationship with the natural environment" and the "realization of the progression of society" as key goals in its Corporate Philosophy. The Group has continued to grow by developing products that can lead to solving social problems with its innovative technologies. Considering that contribution to the progression of society and solving social problems through its business are the essence of its Corporate Philosophy, the Group will continue to engage in ESG (environmental, social, and governance) activities.