NGK Selected as Constituent Company for a Global Index of Socially Responsible Investment for the First Time
September 15, 2016
NGK INSULATORS, LTD. (“NGK”) hereby announces that it has recently been selected for the first time as a constituent company for fiscal 2016 in the Dow Jones Sustainability Asia Pacific Index (“DJSI Asia Pacific”), which is one of the Dow Jones Sustainability Indices (“DJSI”), a global socially responsible investment (“SRI”) index.
DJSI is a leading SRI index that has been offered since 1999 by S&P Dow Jones Indices LLC of the U.S. and the SRI-related survey company RobecoSAM AG of Switzerland. The DJSI index analyzes companies as regards economic, environmental, and social factors. Companies that possess excellent sustainability are then selected as constituent companies for the index. Inclusion in DJSI has become one of the most important investment criteria for investors around the world who place importance on a company's corporate social responsibility (“CSR”), including its environmental, societal and corporate governance elements (“ESG”).
The constituent companies of the DJSI index are reviewed annually in September. This year, fiscal 2016, is the first time that NGK has been selected by DJSI Asia Pacific to be included in the index. The top ranking 146 companies (of which 68 were Japanese companies) were selected from among some 600 leading companies in six countries and 24 industries in the Asia- Pacific Ocean region.
NGK, under its corporate philosophy of "NGK products and technologies must create new value and contribute to the quality of life," supports society’s infrastructure, and is engaged in the development and production of useful products that contribute to preserving the global environment.
Since April 2015, we have been participating in the UN Global Compact, a United Nations sponsored initiative, as a global framework for achieving sustainable growth. Looking ahead, we are committed to meeting the expectations and trust of our stakeholders, while seeking to ensure sustained growth through our business activities and CSR initiatives.