TOKYO — February 16, 2023 — Teijin Ltd. announced today that it has been listed in the Global Sustainability Yearbook 2023 published by S&P Global, a world leading provider of financial information and analysis in support of responsible investment based on environmental, social, and corporate governance (ESG) factors.
The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of corporate sustainability practices, focusing on criteria that are both industry-specific and financially material. The Sustainability Yearbook 2023 assessed more than 7,800 major companies representing 61 industries in terms of economic, environmental and social issues, and those companies that acquired the top 15 percent score within each industry and met S&P’s standards were selected as companies achieving sustainability excellence.
S&P highly evaluated Teijin’s life cycle assessment (LCA) initiatives and strategies for reducing and eliminating hazardous substances, as well as its initiatives to address climate change and human rights.
Teijin is also included in other international-sustainability indexes, such as the MSCI ESG Ratings (AAA rating), a global benchmark for environmental, social and governance (ESG) indexes issued by MSCI, and both the FTSE Blossom Japan Index and the FTSE Blossom Japan Sector Relative Index, which cover ESG investment indicators adopted by Japan’s Government Pension Investment Fund (GPIF).
The Teijin Group will continue to provide innovative solutions that contribute to improvement of quality of life and the sustainable development of business and society.
Posted: February 20, 2023
Source: Teijin Group