In April 2022, Mabuchi Motor has been selected as an index constituent of FTSE Blossom Japan Sector Relative Index for the first time.
The FTSE Blossom Japan Sector Relative Index is developed by global index provider FTSE Russell. It is designed to be sector-neutral, reflecting the relative performance of Japanese companies with superior environmental, social and governance (ESG) performance in each sector. In order to facilitate the transition to a low-carbon economy, only companies whose improvement efforts are assessed by the TPI* management quality score are included for companies with particularly high greenhouse gas emissions.
The FTSE Blossom Japan Sector Relative Index has been newly adopted as a benchmark for ESG investment by the General Pension Investment Fund (GPIF) from 30 March 2022.
*TPI (Transition Pathway Initiative): a global initiative led by asset owners and supported by over 120 institutional investors worldwide (as of February 2022) to assess how companies are responding to the transition to a low carbon economy.