Press Releases

Kurita Water Industries Ltd. (headquartered in Nakano-ku, Tokyo; Michiya Kadota, President; hereinafter "Kurita") has been newly selected as a constituent of the FTSE Blossom Japan Sector Relative Index, a stock index designed for ESG (Environmental, Social and Governance) investing.

This index using score which shows status of cooperate governance about decarbonization is newly adopted by the Government Pension Investment Fund (GPIF). Kurita has been a constituent of all indexes selected by GPIF for ESG investment.

The Kurita Group places corporate social responsibility (CSR) at the center of its management and focuses on creating shared value with society under its medium-term management plan titled Maximize Value Proposition 2022 (MVP-22). Regarding addressing climate change, a urgent challenge common to the world, we take actions and disclose our initiative in line with international standard and also reduce the environmental impact at a customers by providing solutions based on the business characteristics of Kurita Group. The Kurita Group will continue to enhance CSR initiatives by seeking to create shared value with society toward the realization of its Corporate Philosophy, "Study the properties of water, master them, and we will create an environment in which nature and humanity are in harmony."

The FTSE Blossom Japan Sector Relative Index has been developed by FTSE Russell, a global index provider. This index is designed as a sector neutral benchmark that reflects the performance of companies demonstrating strong environmental, social and governance practices (ESG) in Japan. Also, to support the transition to a low carbon economy, the companies with especially high volume of greenhouse gas emissions is included in the index, only if their improving effort is evaluated via the Transition Pathway Initiative’s (TPI) Management Quality Score.

• *TPI Management Quality (MQ) assesses the quality of companies’ management of their greenhouse gas emissions and of risks and opportunities related to the low-carbon transition.

References:Press Release Dated July 16, 2021
Kurita Newly Selected as a Constituent of Stock Index for ESG Investing
-Kurita is Now a Constituent of All ESG Indexes Selected by GPIF-