KH Neochem included in the “FTSE Blossom Japan Index” for the first time
KH Neochem Co., Ltd. (TSE: 4189, President and CEO: Michio Takahashi, “KH Neochem”) announces that it has selected as a constituent stock of the “FTSE Blossom Japan Index,” a prominent index in ESG investments, for the first time. Additionally, KH Neochem has been chosen for the 2nd consecutive year in the “FTSE Blossom Japan Sector Relative Index.”
KH Neochem, with the corporate mission of “Realizing a brighter tomorrow for society through the power of chemistry.”, is a chemical material manufacturer. KH Neochem contributes to solving environmental and social issues with distinctive products such as “refrigeration lubricant raw materials” used in environmentally friendly air conditioners, essential “cosmetic ingredients” for high-quality skincare cosmetics, and “high-purity solvents” used in the semiconductor manufacturing process. Over time, KH Neochem has been actively promoting various ESG initiatives, including efforts towards carbon neutrality, enhancing information disclosure based on recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), promoting sustainable procurement, and strengthening compliance, including anti-corruption measures.
Going forward, KH Neochem will continue to promote sustainable management, enhancing corporate value sustainably by contributing to realize an environmentally friendly society and richer lives for people through our business, built on the basis of safe, secure, and trustworthy.
FTSE Blossom Japan Index
Created by the global index and data provider FTSE Russell, the FTSE Blossom Japan Index is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in Japan.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE Blossom Japan Index meet a variety of environmental, social and governance criteria.
FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index is designed as a sector neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in Japan. The index selects companies with higher ESG Ratings within the top 50% of each sector and supports climate transition to a low carbon economy by evaluating companies’ climate governance and climate change efforts via the Transition Pathway Initiative’s Management Quality Score.
For more details on the ‘FTSE Blossom Japan Index’ and ‘FTSE Blossom Japan Sector Relative Index,’please refer to the following link: https://www.lseg.com/en/ftse-russell/indices/blossom-japan#t-index-resources.
KHNeochem included in the FTSE Blossom Japan Index for the first time
