MOL Marks Consecutive Listings on FTSE4 Good Index Series and FTSE Blossom Japan Index
August 11, 2021
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL, President & CEO: Takeshi Hashimoto) today announced that the company has once again been named to the FTSE4Good Index Series, the world's major Environmental, Social and Governance (ESG)/Responsible Investment (RI) index for 19 consecutive years since 2003, and to the FTSE Blossom Japan Index for five consecutive years since the index was created in 2017
Both indexes are capital indices developed for ESG investors by FTSE Russell, a wholly owned subsidiary of the London Stock Exchange Group. FTSE4Good Index Series is a major ESG investment index that selects companies complying with international criteria on environmental protection, social responsibility, and corporate governance issues, as target investments for ESG funds.
The FTSE Blossom Japan Index, which selects Japanese companies responding effectively to ESG issues, is also used by the Government Pension Investment Fund (GPIF) to select ESG investments.
MOL has identified "sustainability issues (materiality)" as social issues to prioritize through its business activities and is moving ahead with efforts to address concerns regarding the environment, society, and governance. The company believes that these initiatives have a direct connection to the achievement of SDGs. This results in strong evaluations by outside parties, as demonstrated in its selection to ESG investment indices.
Aiming to be a strong and resilient MOL Group, the company continually accelerates initiatives to increase its social and economic value under its group Corporate Mission, which was newly established this fiscal year: "From the Blue Oceans, We Sustain People’s Lives and Ensure a Prosperous Future."