Kawasaki Kisen Kaisha, has been selected as a constituent of the “FTSE4Good Index Series”, one of the leading global indices for ESG investing, for the first time in two years, and “FTSE Blossom Japan Index” for six years in a row since the index was launched in 2017.
Created by the global index provider FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company), the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. (1,093 companies selected from developed countries, including 224 Japanese companies, and 566 companies from emerging countries). The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
On the other hand, FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (253 companies selected out of 1,395 constituents of FTSE Japan All Cap Index). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan.
“K” LINE has been addressing sustainability as a priority issue of its corporate management, and advancing various initiatives to respond flexibly to various needs. These include not only changing customer needs, but also the needs of nations and the global community, especially for the achievement of the UN Sustainable Development Goals, and measures to mitigate climate change. Going forward, “K” LINE will continue to pursue conservation of the global environment while helping to realize a sustainable society through proactive sustainability efforts. We will also remain steadfast in our pursuit of growth opportunities and greater corporate value.
