Last Updated: 2018.06.26
Fast Retailing Selected for the FTSE4Good Index Series and FTSE Blossom Japan Index
FAST RETAILING CO., LTD.
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Fast Retailing Co., Ltd. has been selected as a constituent of the FTSE4Good Index Series, a global index for socially responsible investment, and has also been included in the FTSE Blossom Japan Index, which Japan's public pension manager, the Government Pension Investment Fund (GPIF), refers to when making investment decisions about companies that attach significant weight to strong Environment, Social and Governance (ESG) practices.
The FTSE4Good Index Series and the FTSE Blossom Japan Index are compiled by FTSE Russell*1. The indices comprise companies that have satisfied a diverse range of assessment criteria on strong Environmental, Social and Governance (ESG) practices. In Japan, the FTSE Blossom Japan Index is used by GPIF, which manages the world's largest pool of retirement savings, as an ESG passive management benchmark. As of June 2018, the index comprised 155 stocks.
Championing its corporate statement of "Changing clothes. Changing conventional wisdom. Change the world," and its key sustainability statement message "Unlocking the power of clothing," Fast Retailing seeks to contribute to the sustainable development of global society through its core clothing business. During the clothing manufacture and retail process, the company addresses issues relating to factory working environments, human rights, and environmental protection. It aggressively promotes an All-Product Recycling Initiative, the advancement of women in the workplace, the employment of people with disabilities, and the support of refugees around the world. More information about Fast Retailing's sustainability activities is available through its website https://www.fastretailing.com/eng/sustainability/.
Related links:
FTSE Russell: http://ftserussell.jp/
FTSE4Good Index Series (English): https://www.ftse.com/products/indices/FTSE4Good
FTSE Blossom Japan Index：https://www.ftse.com/products/indices/blossom-japan-jp
*1 FTSE Russell is a fully owned subsidiary of the London Stock Exchange that conducts worldwide research to measure the performance of companies in terms of ESG practices, and provides indices and other information as investment evaluation tools.
