Mitsubishi Materials Corporation (President: Akira Takeuchi, capital: 119.4 billion yen) has been selected as one of the components of the MSCI Japan ESG Select Leaders Index and MSCI Japan Empowering Women Index ("WIN"), new indices developed by MSCI Inc.* for ESG investment.
The Government Pension Investment Fund ("GPIF"), which manages and operates reserve funds for employee pension and the National Pension programs, launched fund management that is linked to the ESG Index of Japanese stocks with the aim of connecting investments to environmental, social and governance elements. Both the MSCI Japan ESG Select Leaders Index and WIN have been selected by the GPIF for the ESG Index.
The MSCI Japan ESG Select Leaders Index is comprised of companies that are carrying out outstanding ESG activities, which are selected from the MSCI Japan IMI Top 500 Index. As of June 2017, a total of 251 companies comprise the index.
WIN is an index consisting of companies from the MSCI Japan IMI Top 500 Index that are more gender-diversified than others in their industries, with high scores that are calculated from multifaceted aspects based on data released about women's employment pursuant to the Act of Promotion of Women's Participation and Advancement in the Workplace. As of June 2017, a total of 212 companies comprise the index.
The Mitsubishi Materials Group will continue to contribute to the sustainable development of society under its corporate philosophy, "For People, Society and the Earth," through a variety of business activities.
*MSCI Inc. (Morgan Stanley Capital International) is a financial service provider based in the U.S.
July 26, 2017