DIC is Selected for Inclusion in the Dow Jones Sustainability Indices Asia Pacific Index,a Leading Benchmark for Sustainability Initiatives, for the Sixth Consecutive Year -Earns solid score for environmental performance, including its climate change strategy -
- News Release
Tokyo, Japan—DIC Corporation announced today that it has been selected for inclusion in the Dow Jones Sustainability Indices (DJSI) Asia Pacific Index, part of the Dow Jones Sustainability Indices family of global benchmarks for sustainability initiatives and a prominent environmental, social and governance (ESG) investment indicator. This is the sixth consecutive year that DIC has been selected.
The DJSI Asia Pacific Index was originally developed jointly by S&P Dow Jones Indices LLC of the United States and RobecoSAM AG of Switzerland. In 2020, the index assessed the performance of approximately 600 companies in the Asia–Pacific region from the perspective of economic/governance, environmental and social performance, from which 158 companies were selected for inclusion, including 16 from materials industries (seven from the chemicals sector).
DIC earned a particularly solid score for its environmental performance. Of note, the Company received high marks for its climate change strategy, product stewardship, environmental efficiency and environmental reporting. DIC has set global targets for the reduction of its CO2 emissions, advocates disclosure that complies with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and advances initiatives aimed at reducing environmental impact. To further enhance its contribution to society, in the current fiscal year DIC established a proprietary sustainability index.
In addition to the DJSI Asia Pacific Index, DIC has been selected for inclusion in other major global ESG investment indices, including the FTSE4Good Index Series. The Company is also a constituent of four ESG indices used by Japan’s Government Pension Investment Fund (GPIF): MSCI’s MSCI Japan Empowering Women Index (WIN) and MSCI Japan ESG Select Leaders Index, the FTSE Blossom Japan Index and the S&P/JPX Carbon Efficient Index.
Recognizing that having an ESG perspective is essential to the realization of a sustainable society, DIC works with its approximately 170 Group companies around the world to conduct its operations in a manner that incorporates related concerns. Guided by its “Color & Comfort” brand slogan, the Group will continue to promote ESG initiatives tied to its business activities and to enhance disclosure, as well as maintain an accurate grasp of related social imperatives with the aim of contributing to sustainability for society.
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