NYK Again Chosen for FTSE4 Good Global Index
September 21, 2007
For a fifth consecutive year, Nippon Yusen Kabushiki Kaisha (NYK; head office: Chiyoda-ku, Tokyo; president: Koji Miyahara) has been selected for the FTSE4 Good Global Index, a recognition of the company' corporate responsibility standards.
Developed by the FTSE Group, which is owned by the Financial Times Ltd. and the London Stock Exchange Plc. and a leader in the creation and management of equity, bond, and hedge-fund indices, the FTSE4 Good Index Series measures the performance of companies that meet globally recognized corporate responsibility standards, and facilitates investment in those companies.
Along with the Dow Jones Sustainability World Index (DJSI World) for socially responsible investment, an index in which NYK was also included, the FTSE4 Good series is regarded as a key stock selection criterion for investors concerned about corporate social responsibility.
As of September 2007, 883 companies were included in the FTSE4 Good Global Index.