August 09, 2022
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 20 consecutive years since 2003, and to the FTSE Blossom Japan Index for six consecutive years since it was created in 2017.
Both are created by the global index and data provider FTSE Russell. These indexes are designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in areas such as Climate Change, Health & Safety, Corporate Governance and Anti-Corruption. In addition, they are widely used to create and assess sustainable investment funds and other products.
Meanwhile, MOL was also selected as a Constituent of the FTSE Blossom Japan Sector Relative Index (Note 1). This index was newly established by FTSE Russell in March 2022, so MOL has been named to three indexes by FTSE Russell.
The MOL Group has identified "Sustainability Issues (materiality)" as social issues to prioritize through its business activities, and is moving ahead with initiatives to address issues related to all aspects of ESG in accordance with the "MOL Sustainability Plan" (Note 2).
Aiming to become an excellent and resilient corporate group, MOL continually accelerates initiatives to increase its social and economic value under its group-wide Corporate Mission: "From the Blue Oceans, We Sustain People's Lives and Ensure a Prosperous Future."
[Related information]
(Note 1)
April 7, 2022 press release:
MOL Selected for the FTSE Blossom Japan Sector Relative Index
(Note 2)
April 18, 2022 press release:
MOL Establishes 'MOL Sustainability Plan'
[MOL Group 5 Sustainability Issues]
MOL Group will contribute to realizing a sustainable society by promoting responses to sustainability issues, which are identified as social issues that must be addressed as priorities through its business. We anticipate this to contribute to the realization of full range of 5 Sustainability Issues.