Toyo Tire continues as a constituent of the FTSE4Good index series
Hyogo, Japan – Toyo Tire Corporation announced that it has been selected as a constituent of the FTSE4Good Index Series, a world-class ESG investment index, for the sixth year in a row. The company also remains a constituent of the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index, both targeting Japanese companies.
The FTSE4Good Index Series, the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index are ESG investment indices created by the global index and data provider FTSE Russell (FTSE International Limited and Frank Russell Company), which conducts evaluations based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption, and Climate Change.
Toyo Tire has been selected as a constituent of the FTSE4Good Index Series, the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index for meeting a variety of environmental, social, and governance criteria.
FTSE4Good Index Series – Designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
https://www.ftserussell.com/products/indices/ftse4good
FTSE Blossom Japan Index – Designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in Japan.
https://www.ftserussell.com/ja/products/indices/blossom-japan
FTSE Blossom Japan Sector Relative Index – Designed to be sector-neutral, relatively reflecting the performance of Japanese companies with superior ESG engagement in each sector.
In order to facilitate the transition to a low-carbon economy, the index includes only those companies that are recognized for their improvement efforts by the Transition Pathway Initiative (TPI) Management Quality Score, especially in the case of companies with high greenhouse gas emissions.