NYK included on socially responsible investment FTSE4Good again
2012 03 31
- Details
JAPANESE shipping major NYK was recently selected for the UK-based FTSE Group's FTSE4Good Index, a major socially responsible investment (SRI) index that has included NYK for many years.
The FTSE4Good Index is one of the two leading indexes used by investors concerned about corporate social responsibility criteria meeting investment standards of ethical activities. The other major index is the Dow Jones Sustainability Index.
Selection in the FTSE4Good Index is based on independent international standards of corporate environmental sustainability and social responsibility covering areas of environmental management, human rights, supply chain labour standards, bribery prevention and climate change. NYK has repeatedly received a top rating in the "Environmental management" category.
Earlier this year, NYK was recognised as one of the 2012 World's Most Ethical Companies for the fifth consecutive year. NYK will continue to take an active role in social issues, including the conservation of the environment, to contribute to the achievement of a better global society, said a company statement.
FTSE Group is jointly owned by London's Financial Times and the London Stock Exchange. The FTSE4Good Index is compiled and managed by the FTSE Group, which undertakes related operations involving stocks, bonds, and real estate, on a global scale. The group has offices in London, New York, Tokyo, and nine other major cities, providing services for clients in 77 countries.
Source Shipping Gazette - Daily Shipping News
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