NYK Selected Again for FTSE4Good Global Index
September 15, 2004
Nippon Yusen Kaisha (NYK) has been selected for the second year in succession to be a member of the FTSE4Good Global Index, which identifies global companies as socially responsible investment targets. NYK was chosen due to the high assessment it received for its attention to environmental, employment and labor issues, and for up-holding universal human rights.
The FTSE4Good Global Index is one of the FTSE4Good Index series launched in 2001 by FTSE, a leading index company in U.K. jointly invested by the Financial Times of the U.K. and the London Stock Exchange. It is well recognized as a major index of Socially Responsible Investment (SRI) along with the DJSI (Dow Jones Sustainability World Indexes). This year 708 companies, 166 of them Japanese, have been selected as members of the Index.
The FTSE4Good Global Index is regarded as an important criterion for investors who are concerned about corporate social responsibility and sustainable performance. In addition, as the companies chosen for the Index are included in the portfolios of global SRI (Socially Responsible Investment) funds, Eco (Environmental Investment) funds and others, the Index has drawn keen attention from global investors.
Upon inclusion once again in the FTSE4Good Global Index, NYK will make further efforts to continue profitable growth while carrying out its social responsibilities, including compliance with the law and attention to environmental and employment issues.