LIXIL Recognized for ESG Commitments in FTSE4 Good Index Series and MSCI Japan Empowering Women Index (WIN) for 6th Consecutive Year
Tokyo – LIXIL Corporation (“LIXIL”, TSE Code: 5938), maker of pioneering water and housing products, has been included in this year’s FTSE4 Good Index Series and the MSCI Japan Empowering Women Index (WIN). The company maintained its standing for both indices for a sixth consecutive year.
The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indices suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products. Candidates are evaluated by an independent committee in more than 300 categories encompassing each of the three ESG pillars in order to determine the company’s risk exposure level and performance. In addition to the FTSE4Good Index Series, the company was also selected for inclusion in the FTSE Blossom Japan Index of Japanese stocks, as well as the FTSE Blossom Japan Sector Relative Index, a newly established index designed to promote ESG sector initiatives and the transition to a low-carbon society among Japanese companies.
The MSCI Japan Empowering Women Index (WIN) highlights companies that are better positioned to withstand talent shortages and generate more sustainable performance with reduced risk through the promoting and maintaining of higher gender diversity in the workforce.
Jin Montesano, LIXIL’s Chief People Officer and Executive Officer responsible for Corporate Responsibility, said, “I am proud that LIXIL has been included in the FTSE4 Good Index Series and the MSCI Japan Empowering Women Index (WIN) in recognition of our ESG initiatives and the transparency of our information disclosure. At LIXIL, we are on a journey of transforming to drive efforts for sustainable growth to become an inclusive organization where our diverse employees are empowered to deliver to their full potential, while also making steady progress toward achieving the LIXIL Environmental Vision 2050 ‘Zero Carbon and Circular Living.’ We are confident that we are on the right track to strengthen our ESG to positively impact society and deliver towards our purpose to make better homes a reality for everyone, everywhere.”
The inclusion of LIXIL Corporation in any MSCI Index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement or promotion of LIXIL Corporation by MSCI or any of its affiliates. The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.