News

Toyo Tires has been selected for the sixth consecutive year as a constituent stock of the FTSE4Good Index Series, a world-renowned ESG investment index ^*1 . The company has also been continuously selected as a constituent stock of the FTSE Blossom Japan Index and the FTSE Blossom Japan Sector Relative Index, which are targeted at Japanese companies. *²

Environmental, social, and governance (ESG) is an investing principle that prioritises environmental issues, social issues, and corporate governance. Investing with ESG considerations is considered to be responsible investing
^{*1: A stock price index composed of companies that receive high ratings from an independent evaluation agency from an ESG perspective
.*2: The FTSE Blossom Japan Index will be selected for the FTSE Blossom Japan Sector Relative Index from 2020 and the FTSE Blossom Japan Sector Relative Index from 2022.}
The FTSE4Good Index Series, FTSE Blossom Japan Index, and FTSE Blossom Japan Sector Relative Index are ESG investment indices created by the global index provider FTSE Russell ^*3, which evaluates companies in areas such as corporate governance, health and safety, anti-corruption, and climate change.
^{*3: Official name: FTSE International Limited and Frank Russell Company.}
Having been selected as a constituent stock of the "FTSE4Good Index Series," "FTSE Blossom Japan Index," and "FTSE Blossom Sector Relative Index," the Company meets various ESG-related evaluation criteria.

■FTSE4Good Index Series
Designed to measure the performance of companies that are proactively addressing ESG issues, it is widely used to create and evaluate sustainable investment funds and other financial products.
(For details, please refer to　https://www.ftserussell.com/products/indices/ftse4good )

■FTSE Blossom Japan Index An index that reflects the performance of Japanese companies that are proactively addressing ESG issues and is designed to be industry neutral. ⁽For details, please refer to　https://www.ftserussell.com/ja/products/indices/blossom-japan )

■FTSE Blossom Japan Sector Relative Index An index that reflects the performance of Japanese companies that have relatively excellent ESG responses in each sector and is designed to be sector neutral ^{* 4} . In addition, in order to promote the transition to a low-carbon economy, only companies that are evaluated for their improvement efforts based on the TPI ^*5 management quality score are included, especially for companies with high greenhouse gas emissions. (For details, please refer to　https://www.ftserussell.com/en/products/indices/blossom-japan ) ^*B
^{*4: Matching the industry (sector) allocation of buying and selling portfolios
*5: Transition Pathway Initiative. A global initiative led by asset-holding institutions to evaluate companies' readiness for the transition to a low-carbon economy.}

Based on the "TOYO TIRE Group Sustainability Management Policy," we will lay the foundation for our corporate activities on ESG, work to promote business and sustainability in an integrated manner, and contribute to the realization of a globally sustainable mobility society. ( https://www.toyotires.co.jp/csr/evaluation/ )