Mitsui & Co. Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Hori Kenichi) has been selected as a constituent stock of the FTSE Blossom Japan Sector Relative Index ("FTSE Blossom SR") which has been newly established by FTSE Russell, a wholly owned subsidiary of the London Stock Exchange. The world's largest pension fund, the General Pension Investment Fund (GPIF), has also announced that it will use the FTSE Blossom SR as its latest ESG passive fund benchmark.
About the FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index is designed as a sector neutral benchmark that reflects the performance of large, mid and small cap companies demonstrating strong environmental, social and governance practices (ESG) in Japan.
In addition, the index is designed to support the transition to a low carbon economy by evaluating companies' climate governance activities aligned with the Taskforce on Climate-related Financial Disclosures' recommendations and carbon emissions intensity to determine stock eligibility for index inclusion. The index combines data and analysis from FTSE Russell and the Transition Pathway Initiative (TPI).
For further information, please visit the TPI website.