Apr 28, 2022
Tokyo Electron (TEL) has been selected as a constituent stock of the FTSE Blossom Japan Sector Relative Index. The FTSE Blossom Japan Sector Relative Index, developed by Global Index Provider FTSE Russell, is designed to measure the performance of Japanese companies that demonstrate strong Environmental, Social and Governance (ESG) practices. This index is constructed so that industry or sector weights align with the Japanese equity market. The index also supports climate transition to a low carbon economy by evaluating companies’ climate governance and climate change efforts with TPI Management Quality Score*.
TEL will continue to promote sustainability-focused management and pursue its corporate philosophy, “We strive to contribute to the development of a dream-inspiring society through our leading-edge technologies and reliable service and support.”
*TPI Management Quality Score：A score that assesses companies on carbon emissions data and the management of risks and opportunities for a transition to a low-carbon economy.
About FTSE Blossom Japan Sector Relative Index
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Tokyo Electron Limited has been independently assessed according to the FTSE Blossom Japan Sector Relative Index criteria and has satisfied the requirements to become a constituent of the FTSE Blossom Japan Sector Relative Index. FTSE Blossom Japan Sector Relative Index are used by a wide variety of market participants to create and assess responsible investment funds and other products.