Press Release
Jan. 31, 2025
TOYO TIRE Selected as Constituent of World-class FTSE4Good Index Series for Sixth Consecutive Year
Hyogo, Japan – January 27, 2025 – Toyo Tire Corporation (Headquarters: Itami City, Hyogo Prefecture; President & CEO: Takashi Shimizu; hereinafter, “Toyo Tire”) hereby announces that it has been selected as a constituent of the FTSE4Good Index Series, a world-class ESG investment index, for the sixth year in a row. The company also remains* a constituent of the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index, both targeting Japanese companies.
*Toyo Tire has been a constituent of the FTSE Blossom Japan Index since 2020, and the FTSE Blossom Japan Sector Relative Index since 2022.
The FTSE4Good Index Series, the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index are ESG investment indices created by the global index and data provider FTSE Russell (FTSE International Limited and Frank Russell Company), which conducts evaluations based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption, and Climate Change.
Toyo Tire has been selected as a constituent of the FTSE4Good Index Series, the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index for meeting a variety of environmental, social, and governance criteria.
■FTSE4Good Index Series
It is designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
https://www.ftserussell.com/products/indices/ftse4good
■FTSE Blossom Japan Index
It is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong ESG practices in Japan.
https://www.ftserussell.com/ja/products/indices/blossom-japan
■FTSE Blossom Japan Sector Relative Index
It is designed to be sector-neutral, relatively reflecting the performance of Japanese companies with superior ESG engagement in each sector.
In order to facilitate the transition to a low-carbon economy, the index includes only those companies that are recognized for their improvement efforts by the Transition Pathway Initiative (TPI) Management Quality Score, especially in the case of companies with high greenhouse gas emissions.
https://www.ftserussell.com/ja/products/indices/blossom-japan
Under our Sustainability Management Policy announced in 2022, we made ESG the foundation of Toyo Tire‘s corporate activities, and are working for integrated promotion of our business and sustainability. Through these activities, globally we will contribute to the realization of a sustainable mobility society on a global scale.
https://www.toyotires.co.jp/csr/evaluation/
Toyo Tire Corporation
Corporate Communications Dept.
Hyogo Head office Telephone: +81-72-789-9100 Facsimile: +81-72-773-3272
Press Release is intended for media purposes, and is current of the date of publication.
Information is subject to change with or without notice.