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LIXIL has been listed for all six ESG indices adopted by the Government Pension Investment Fund (GPIF) of Japan

Written by LIXIL | Jul 24, 2025

LIXIL Corporation (“LIXIL”), maker of pioneering water and housing products, has once again been included in all six Environmental, Social, and Governance (ESG) indices adopted by the Government Pension Investment Fund (GPIF) of Japan. 

FTSE Blossom Japan Index¹
Created by the global index and data provider FTSE Russell, the index is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in Japan. LIXIL has been included in the index for nine consecutive years.

FTSE Blossom Japan Sector Relative Index¹
Created by the global index and data provider FTSE Russell, the index is designed as a sector neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in Japan. LIXIL has been selected in the index for four consecutive years.

MSCI Nihonkabu ESG Select Leaders Index²
It uses the MSCI Nihonkabu Investable Market Index as its base and it primarily includes companies with high ESG ratings. LIXIL has been selected in the index for two consecutive years.

MSCI Empowering Women Index (WIN)²
It uses the MSCI Japan IMI Top 700 Index as its base and it primarily includes companies that exhibit a commitment towards promoting and maintaining a high level of gender diversity among the workforce. LIXIL has been selected in the index for nine consecutive years. 

S&P/JPX Carbon Efficient Index
The S&P/JPX Carbon Efficient, jointly developed by S&P Dow Jones Indices and Japan Exchange Group, is designed to measure the performance of companies in the Tokyo Stock Price Index (TOPIX), while overweighting or underweighting those companies that have lower or higher levels of carbon emissions per unit of revenue. LIXIL has been selected in the index for eight consecutive years.

Morningstar® Japan ex-REIT Gender Diversity Tilt IndexSM3
It is designed to emphasize the stocks of companies that have strong gender diversity policies embedded in their corporate culture and that ensure equal opportunities to employees, irrespective of their gender. LIXIL has been selected as a constituent of the best Gender Equality Scores group “Group 1” of the index for three consecutive years.

In addition to being included in the ESG indices adopted by GPIF, LIXIL has been selected in the Dow Jones Best-in-Class World Index,  the Dow Jones Best-in-Class Asia Pacific Index, and the FTSE4Good Index Series⁴ consecutively. LIXIL has also received the highest MSCI ESG rating of AAA (as of February 2025) for three consecutive years.


External Evaluations & Awards:
https://www.lixil.com/en/about/evaluation.html

Disclaimer:
1 https://www.lseg.com/en/ftse-russell/indices/blossom-japan

2 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.

3 Morningstar, Inc., and/or one of its affiliated companies (individually and collectively, “Morningstar”) has authorized LIXIL Corporation to use of the Morningstar Japan ex-REIT Gender Diversity Tilt Logo (“Logo”) to reflect the fact that, for the designated ranking year, LIXIL Corporation ranks in the top quintile of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt IndexSM (“Index”) on the issue of gender diversity in the workplace. Morningstar is making the Logo available for use by LIXIL Corporation solely for informational purposes. LIXIL Corporation use of the Logo should not be construed as an endorsement by Morningstar of LIXIL Corporation or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with LIXIL Corporation. The Index is designed to reflect gender diversity in the workplace in Japan, but Morningstar does not guarantee the accuracy, completeness or timeliness of the Index or any data included in it. Morningstar makes no express or implied warranties regarding the Index or the Logo, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index, any data included in it or the Logo. Without limiting any of the foregoing, in no event shall Morningstar or any of its third party content providers have any liability for any damages (whether direct or indirect), arising from any party’s use or reliance on the Index or the Logo, even if Morningstar is notified of the possibility of such damages. The Morningstar name, Index name and the Logo are the trademarks or services marks of Morningstar, Inc. Past performance is no guarantee of future results.

4 https://www.lseg.com/en/ftse-russell/indices/ftse4good