Epson Selected for Inclusion in FTSE Blossom Japan Sector Relative Index
- TOKYO, Japan, April 25, 2022 -
Seiko Epson Corporation (TSE: 6724, "Epson") has been selected for inclusion in the FTSE Blossom Japan Sector Relative Index, a new ESG index announced for adoption by the Japanese Government Pension Investment Fund (GPIF) on March 30, 2022.
The FTSE Blossom Japan Sector Relative Index, created by global index provider FTSE Russell, is designed to be sector-neutral, reflecting the relative performance of Japanese companies in each sector with superior environmental, social and governance (ESG) practices. In order to facilitate the transition to a low-carbon economy, the index includes only those companies that are recognized for their efforts to improve based on their Transition Pathway Initiative's Management Quality (MQ) score, especially for companies with high greenhouse gas emissions.
The FTSE Blossom Japan Sector Relative Index is used as a benchmark for ESG-based passive investment by the GPIF, one of the world's largest public pension management organizations. Among the ESG indices GPIF employs in making its selection, Epson has been chosen for inclusion in the FTSE Blossom Japan Index, the MSCI Japan Empowering Women Index (WIN) and the S&P/JPX Carbon Efficient Index.
Epson aspires to achieve sustainability and enrich communities over the long term. The Epson 25 Renewed corporate vision states that the company will focus particularly on businesses that contribute to the environment, and that we will continue to develop businesses that address such societal issues.
FTSE Russell (registered trademark of FTSE International Limited and Frank Russell Company) hereby confirms that Seiko Epson Corporation has been independently assessed and found to satisfy the requirements for inclusion in the FTSE Blossom Japan Sector Relative Index. The FTSE Blossom Japan Sector Relative Index is widely used in the creation and evaluation of sustainable investment funds and other financial products.
Please visit the below website for FTSE Blossom Japan Sector Relative Index details.
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion.