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Tokyo Century Selected as a Constituent of the FTSE Blossom Japan Sector Relative Index

Apr 12, 2022

Tokyo Century Corporation (TC) hereby announces that it has been selected as a constituent of the FTSE Blossom Japan Sector Relative Index.

 

The FTSE Blossom Japan Sector Relative Index, an index created by global index provider FTSE Russell, reflects the performance of Japanese companies that demonstrate outstanding Environmental, Social and Governance (ESG) practices relative to their respective sectors and is designed to be sector neutral. In order to promote the transition to a low-carbon economy, companies with particularly high greenhouse gas emissions are included only if their improvement efforts are evaluated with the Transition Pathway Initiative (TPI) Management Quality Score*.
The index has been adopted as a benchmark for ESG passive funds by the General Pension Investment Fund (GPIF).

 

TC envisions a society ten years into the future and aims to create financial services that will meet the needs of that time. Taking a backcasting approach, it has been promoting sustainability management.
Since we started the leasing business, our core business has been linked to ESG. The leasing business is a cyclical business that practices the 3Rs (reduce, reuse and recycle). We promote our environment and energy businesses as one of the pillars of our business strategies. In addition, TC has been promoting ESG-initiatives in financing activities, such as proactively utilizing sustainability-linked loans from the perspective of expanding renewable energy and improving employee engagement.
Under a sound and highly transparent management structure, we will continue to make further contributions to resolving environmental and social issues through these initiatives.

 

* Score on the quality of companies’ management of the risks and opportunities related to the greenhouse gas emissions and the low-carbon transition as assessed by FTSE Russell

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