NGK named to the Dow Jones Sustainability Indices Asia Pacific Index (DJSI Asia Pacific) for the Eighth Consecutive Year
December 20, 2023
NGK INSULATORS, LTD. (hereinafter "NGK") based in Nagoya, Japan, announced that it has been selected for the eighth consecutive year as a constituent company in the Dow Jones Sustainability Asia Pacific Index (“DJSI Asia Pacific”), which is one of the Dow Jones Sustainability Indices (“DJSI”), a globally iconic environmental, social, governance (ESG) investment index.
The DJSI is a leading ESG investment index that has been offered since 1999 by S&P Dow Jones Indices LLC of the U.S. It analyzes companies on governance and 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 ESG.
The constituent companies of the DJSI index are reviewed annually. This year, fiscal 2023, NGK has been selected by DJSI Asia Pacific to be included in the index. The top ranking 156 companies (of which 75 were Japanese companies) were selected from among some 600 leading companies in the Asia- Pacific Ocean region.
Since its foundation in 1919, the NGK Group has passed down the company's founding spirit through the generations, guided by our corporate philosophy of creating new value through products that contribute to a better society. In the mid- to long-term vision “NGK Group Vision: Road to 2050” formulated in 2021, the NGK Group states that it wants to be the following: “A company to contribute to carbon neutrality and digital society with our unique ceramic technologies.” and we have been steadily making progress towards it. In keeping with our mission of "Enriching Human Life by Adding New Value to Society." expressed in the NGK Group Philosophy, we will continue to make progress while always adapting to the changing times with the aim to become a sustainable company that is able to solve social issues through its unique ceramic technologies.