Ryohin Keikaku Co., Ltd. Selected as Component for FTSE4Good Index Series and FTSE Blossom Japan Index
Ryohin Keikaku declared, when announcing its full-year results for the fiscal year ending August 2020, that it would aim to be a front runner in ESG management, and has been disclosing information on its various environmental and social initiatives. As the first step, in June 2021, it is selected as a component for inclusion into FTSE Russell's 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.
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. At the same time, we are also accelerating the shift towards independent store management, where store managers think for themselves and work together with local residents to revitalize local communities. In order to continue to contribute to society as a sustainable global company that provides products and services trusted by people worldwide, all members of Ryohin Keikaku will think and act on what we can do as individuals, and strive to further promote advanced initiatives.
For more details about Ryohin Keikaku's sustainability initiatives, please visit: