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 fourth year straight and 21^st time in total. “K” LINE has also been listed as a constituent of “FTSE Blossom Japan Index” for eight years in a row and “FTSE Blossom Japan Sector Relative Index for the fourth consecutive year respectively, since those indices were initially launched.

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, selecting 1,175 companies from developed countries including 278 Japanese companies, and 870 companies from emerging countries. On the other hand, FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index reflect the performance of Japanese companies that demonstrate strong ESG practices (405 companies and 683 companies are selected respectively out of 1,347 constituents of FTSE Japan All Cap Index). These indices have been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan. Those indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

The “K” LINE Group regards “sustainability management” as one of the key issues for achieving medium- to long-term enhancement of corporate value, and aims to create both economic and social values in a sustainable manner by striving to achieve both the continuous development of the Group and its contribution to a sustainable society. Going forward, the “K” LINE Group will continue to contribute to the resolution of social issues, including climate change, while pursuing growth opportunities and enhancing corporate value.