Ryohin Keikaku Co., Ltd. Selected as Component for FTSE4Good Index Series and FTSE Blossom Japan Index, Leading Indices for ESG (Environmental, Social and Governance) Investment
Ryohin Keikaku Co., Ltd. (Tokyo; Satoru Matsuzaki, President & Representative Director) announced that for the first time, it is selected as a component for inclusion into FTSE Russell's FTSE4Good Index Series and FTSE Blossom Japan Index.
About FTSE4Good Index Series and FTSE Blossom Japan Index
The FTSE4Good Index Series is comprised of companies selected by FTSE Russell. For inclusion into the index, companies must demonstrate strong performance and meet various evaluation criteria in terms of Environmental, Social and Governance (ESG) practices. These criteria are made based on international standards including the United Nations Sustainable Development Goals (SDGs). The FTSE Blossom Japan Index is a specialized ESG index focused on Japan-based companies.
These indices have become benchmarks for investors who place importance on corporate social responsibility and sustainability. Japan's Government Pension Investment Fund (GPIF), the world's largest public pension fund, has also adopted the FTSE Blossom Japan Index as a benchmark for its ESG investment management.
Ryohin Keikaku's Sustainability Initiatives
MUJI's basic principle of product development has never changed since its establishment in 1980. We continue to manufacture products while observing three principles that are environmentally and socially friendly: (1) selection of materials, (2) streamlining of processes, and (3) simplification of packaging. Focusing on true quality, it is a manufacturing process that aims to select materials in consideration of the global environment and producers, to eliminate waste in all processes, and to provide customers with what they truly need in the form that they truly need. For more than 40 years, we have continued to "review the origins of our products" and have gained the support of customers in 33 countries and regions around the world.
Based on our overall strategy of "To Serve a Purpose" for the people and society, today we are going beyond the traditional concept of retailing to expand our activities in various areas, such as collaborating with local governments and communities on the theme of "food and agriculture," supporting the revitalization of local communities, and providing design for public spaces such as parks and roadside stations.
We have been, and will continue to contribute to society as a sustainable global company that provides products and services trusted by people worldwide.
For more details about Ryohin Keikaku's sustainability initiatives, please visit:
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PR Department, PR & ESG Division
RYOHIN KEIKAKU CO., LTD.