DIC Is Selected for Inclusion in the Dow Jones Sustainability Indices Asia Pacific Index, a Leading Benchmark for Sustainability Initiatives, for the Ninth Consecutive Year
- 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 DJSI family of global benchmarks for sustainability initiatives and a prominent environmental, social and governance (ESG) investment indicator. This is the ninth consecutive year that DIC has been chosen.
The DJSI family was originally developed jointly by S&P Dow Jones Indices LLC of the United States and RobecoSAM AG, now called Robeco Switzerland Ltd. The indices evaluate approximately 3,500 major global companies around the world annually, selecting those exhibiting excellence from the perspectives of economic, environmental and social performance, for inclusion. The index is used globally by investors to select key ESG investment targets.
The DJSI Asia Pacific Index assesses the performance of sustainability leaders in the Asia–Pacific region, choosing those companies ranking in the top 20%. In 2023, the index selected a total of 156 companies, including 15 from materials industries, seven of which are based in Japan. DIC earned particularly solid scores in the environmental dimension, specifically for its waste management initiatives, and in the governance and economic dimension, notably in the areas of innovation management and business ethics.
DIC has positioned sustainability, including environmental issues, as a principal management priority, and is actively working to expand its portfolio of products and services that contribute to decarbonization with the goal of playing a pivotal role in lowering CO2 emissions across markets and society. In DIC NET ZERO 2050, published in June 2021, and its long-term management plan, DIC Vision 2030, announced in February 2022, DIC set a target for reducing DIC Group CO2 emissions by 50% from the fiscal year 2013 level by fiscal year 2030, with a view to achieving carbon neutrality—net zero CO2 emissions—by fiscal year 2050.
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 three ESG indices used by Japan’s Government Pension Investment Fund (GPIF), namely MSCI’s MSCI Japan ESG Select Leaders Index, the FTSE Blossom Japan Index and the S&P/JPX Carbon Efficient Index.
– Ends –