July 24, 2023
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), the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index.
These indices are created by the global index and data provider FTSE Russell. They 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.
MOL has been selected for the FTSE4Good Index for 21 consecutive years since 2003, for the FTSE Blossom Japan Index for seven consecutive years since it was created in 2017, and for the FTSE Blossom Japan Sector Relative Index for two consecutive years since it was created in 2022.
The MOL Group has identified five "Sustainability Issues (materiality)" as our key issues to be addressed for sustainable growth with society through the realization of the Group Vision, and is pursuing initiatives to resolve these issues in various ESG fields based on the "MOL Sustainability Plan."
Under the MOL Group Corporate Mission "From the blue oceans, we sustain people’s lives and ensure a prosperous future," MOL will continue to accelerate these initiatives to enhance its social and economic value, aiming to become a strong and resilient corporate group that grows globally.
MOL Group 5 Sustainability Issues
MOL Group identifies "Sustainability Issues" (Materiality) as our key issues for sustainable growth with society through realization of the Group Vision.
We anticipate this initiative to contribute especially to the realization of "Safety & Value -Provide added value through safe transportation and our social infrastructure business-", "Environment -Conservation for Marine and global environment-", "Human & Community -Contributing to the growth and development of people and communities-", "Innovation -Innovation for development in marine technology-" and "Governance -Governance and compliance to support businesses-"