21/10/2019 – FTSE4Good Index Series
Toray Selected for Inclusion in Representative ESG Investment Indices
Toray Industries, Inc., has been included in the FTSE4Good Index Series and the FTSE Blossom Japan Index Series.
FTSE Russell, a wholly owned subsidiary of the London Stock Exchange Group, developed these globally respected indices, which track the stocks of companies that demonstrate excellent environmental, social and governance (ESG) practices.
As a result of being selected as a “FTSE Blossom Japan Index Series” Toray was selected for all four indices (see below) used by the Government Pension Investment Fund (GPIF), the world's largest fund management organization in Japan, to invest in accordance with ESG initiatives.
The Toray Group has positioned the promotion of CSR as one of its top management priorities, and is committed to contributing to the resolution of social issues through its business activities, promoting safety, accident prevention, environmental preservation, corporate ethics, and compliance with laws and regulations.
At the same time, based on the company’s corporate philosophy of “Contributing to society through the creation of new value with innovative ideas, technologies and products.”
The Toray Group will play an active role in contributing to the realization of a sustainable society, while promoting information disclosure.
Toray Industries., Inc. is a leading global manufacturer of high-performance materials headquarters in Tokyo.
The company was founded in 1926, and has been led by Akihiro Nikkaku since 2010. As of March 31, 2019, Toray employed around 48,320 people in 26 countries and regions.
Its operations include manufacturing and processing textiles, fibers, plastics, and an array of performance chemicals.
Toray Industries is also the world’s largest manufacturer of PAN-based carbon fibers.