Brother Included in "FTSE4Good Index Series" ESG Investment Index for the Second Consecutive Year
June 28, 2021
Brother Industries, Ltd.
Brother Industries, Ltd. (President: Ichiro Sasaki) today announced that the company has been included for the second consecutive year in the globally renowned FTSE4Good Index Series ESG investment*1 stock index. The FTSE4Good Index Series is a series of indexes established by London Stock Exchange Group company FTSE Russell. It consists of companies that have met standards for evaluating environmental, social, and governance (ESG) practices.
In addition, Brother has also been included for the second consecutive year in the FTSE Blossom Japan Index, another ESG index, which was adopted by Japan's Government Pension Investment Fund (GPIF), which manages the largest pool of funds in the world. Brother is included in three of the four ESG indexes adopted by GPIF: the FTSE Blossom Japan Index, MSCI Japan Empowering Women (WIN) Select Index, and S&P/JPX Carbon Efficient Index.
The Brother Group is implementing ESG-focused management to create a society in which sustainable development is possible. The company formulated the Brother Group Environmental Vision 2050 in order to contribute to solving social environmental issues, focusing on activities related to reduction of CO2 emissions, resource circulation, and biodiversity conservation. The Brother Group announced support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)*2 in February 2020 and is analyzing the business risks and opportunities presented by climate change, incorporating these results into management and disclosing relevant information. In addition, the Group joined the RBA*3 in an effort to become a company trusted by all stakeholders and is strengthening systems to correct and assess risks in its supply chains by striving to reduce the impacts on human rights, labor, safety and health, and the global environment.
The Brother Group remains committed to implementing ESG management and, by developing its business and fulfilling its social responsibilities, striving for the sustainable improvement of corporate value.
- ESG investment is investment that prioritizes and selects companies based on environmental, social, and governance (ESG) practices.
- A task force established by the Financial Stability Board (FSB), an international body which members include central banks and financial regulatory bodies of major countries, etc.
- The Responsible Business Alliance, an international organization dedicated to promoting corporate social responsibility.