Isetan Mitsukoshi Holdings Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; President and CEO: Toshiyuki Hosoya; hereinafter, the Company) announces that it has been selected for the first time as a constituent of the ESG investment indices 'FTSE JPX Blossom Japan Index'※1 and 'FTSE4Good Index Series'※2, provided by FTSE Russell.
The FTSE JPX Blossom Japan Index comprises Japanese companies demonstrating outstanding initiatives in environmental, social, and governance (ESG) practices. The FTSE4Good Index Series is a globally recognized ESG index, consisting of companies worldwide that demonstrate strong ESG performance. Both indices are widely used by domestic and international institutional investors as benchmarks for responsible investment.
Our Group has been enhancing sustainability management by reviewing its materiality priorities in fiscal 2023. We recognize this selection as an acknowledgment by FTSE Russell of our accumulated efforts and transparent disclosures under its ESG evaluation criteria. We believe this inclusion will enhance awareness among ESG-focused investors globally, increase long-term investor interest, and further strengthen trust in our Group’s sustainability initiatives.
Furthermore, such external recognition is expected to boost employee pride and engagement in addressing social issues through business activities, further empowering our Group’s emphasis on 'human capital' and driving sustainable value creation.
Isetan Mitsukoshi Group’s Four Materiality Priorities
Going forward, our Group will continue to align its medium-term management plan with these materiality priorities, aiming to realize our VISION—'A retail group centered on department stores that enrich customers’ lives with special experiences'—by addressing various social challenges.
※1 The FTSE JPX Blossom Japan Index is an ESG index for Japanese companies provided by FTSE Russell. It selects companies with strong ESG performance and is one of the ESG investment indices adopted by Japan’s Government Pension Investment Fund (GPIF).
Learn more: https://www.lseg.com/en/ftse-russell/indices/blossom-japan
※2 The FTSE4Good Index Series is a global ESG investment index provided by FTSE Russell. It evaluates corporate ESG performance and is used by investors worldwide.
Learn more: https://www.lseg.com/en/ftse-russell/indices/ftse4good
【Reference】 Sustainability Information for Isetan Mitsukoshi Group
Website: https://www.imhds.co.jp/corporate/sustainability/index.html
Integrated Report: https://www.imhds.co.jp/corporate/ir/library/annual-report.html
Sustainability Report: https://www.imhds.co.jp/corporate/sustainability/sustainability-report/index.html
Securities Report: https://www.imhds.co.jp/corporate/ir/library/securitys-report.html
FACT BOX
- Source: PR TIMES
- Category: News
- Organizations: FTSE Russell