Ibiden Announces Continuous Selection of Constituent Companies for MSCI ESG Indexes
July 10, 2024 | IBIDENEstimated reading time: 2 minutes
IBIDEN Co, Ltd. is pleased to announce that it has been selected for inclusion in MSCI Inc.'s(1) MSCI ESG Leaders Indexes Constituent, MSCI Japan ESG Select Leaders Index, and MSCI Nihonkabu ESG Select Leaders Index.
"MSCI ESG Leaders Index" is an index that selects companies with the highest environmental, social and governance rating from among mid-cap and large-cap stocks in the global MSCI Index. We have been selected for four consecutive years. In the "MSCI Japan ESG Select Leaders Index"(2), we have been selected for eight consecutive years since the launch of this index in 2017.
Regarding the MSCI Nihonkabu ESG Select Leaders Index(3) is included in the ESG index used by the Government Pension Investment Fund (GPIF) of Japan for its investment management. Also, IBIDEN Co, Ltd. has received the highest AAA rating of a seven point grade scale in the MSCI ESG Ratings assessment (as of June, 2024). The AAA rating was awarded to only 44 of the 510 Japanese companies selected this time.
IBIDEN Group upholds a "harmonious relationship with the natural environment" and the "realization of the progression of society" as key goals in its Corporate Philosophy. The Group has continued to grow by developing products that can lead to solving social problems with its innovative technologies. Considering that contribution to the progression of society and solving social problems through its business are the essence of its Corporate Philosophy, the Group will continue to engage in ESG (environmental, social, and governance) activities.
(1) MSCI Inc., based in New York, United States and listed on the New York Stock Exchange, is a leading provider of investment decision support tools to institutional investors globally, including large-scale public pension funds, asset managers, and hedge funds.
(2) MSCI Japan ESG Select Leaders Index
The index comprises Japanese companies with high environmental, social and governance performance selected by MSCI Inc. from among the constituents of the MSCI Japan IMI Index.
(3) MSCI Nihonkabu ESG Select Leaders Index
The index comprises Japanese companies with high environmental, social and governance performance selected by MSCI Inc. from among the constituents of the MSCI Nihonkabu IMI Index.
(4) The inclusion of IBIDEN Co., Ltd. in any MSCI index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement or promotion of IBIDEN Co., Ltd. by MSCI or any of its affiliates.
The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.
(5) The use by IBIDEN Co., Ltd. of any MSCI ESG RESEARCH LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of IBIDEN Co., Ltd. by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided 'as-is'and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
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