Iino Kaiun Kaisha : Selected as a component of ESG investment index "FTSE Blossom Japan Index" and "FTSE Blossom Japan Sector Relative Index" for the third consecutive year

July 10, 2024

IINO Kaiun Kaisha, Ltd.

Selected as a component of ESG investment index "FTSE Blossom Japan Index" and

"FTSE Blossom Japan Sector Relative Index" for the third consecutive year

IINO Kaiun Kaisha, Ltd. (IINO Lines) is pleased to announce that its ongoing efforts for sustainability have been highly evaluated and it has been selected for the third consecutive year from 2022 as a component of the FTSE Blossom Japan Index*1 and the FTSE Blossom Japan Sector Relative Index*2, which are indices for Japanese companies that have taken excellent ESG (Environmental, Social and Governance) measures.

The FTSE Blossom Japan Index and the FTSE Blossom Japan Sector Relative Index are part of the FTSE Russell Index, a group company of the London Stock Exchange, and are composed of stocks of Japanese companies that meet certain ESG criteria. These are used by investors around the world as one of the leading indexes for ESG investment, including the Government Pension Investment Fund (GPIF), one of the world's largest public pension funds, which has adopted the index as its ESG index.

In our mid-term management plan, "The Adventure to Our Sustainable Future," we have set out to overcome materiality.In addition toour effortsto achieve carbon neutrality by 2050,wecontinueto address various ESG issues by strengthening human capital and respecting human rights, responding to social demands, and strengthening governance. We believe that these efforts led to this evaluation. We will continue to promote sustainability initiatives to "build a brighter future" as stated in our corporate philosophy.

Corporate Website:Sustainability Site Top

*1 FTSE Blossom Japan Index:

As of July 2024, 311 Japanese stocks have been selected for inclusion in the index, which is designed to measure the performanceof companies that are taking good ESG actions. The index is widely used to create and evaluate sustainable investment funds and other financial products. The companies that comprise the FTSE Blossom Japan Index meet a variety of environmental, social, and governance criteria.

*2 FTSE Blossom Japan Sector Relative Index:

As of July 2024, 632 Japanese stocks have been selected for inclusion in the index, which is designed to be sector-neutral, reflecting the performance of Japanese companies with relatively superior ESG responses in each sector. In order to promote the transition to a low-carbon economy, the index includes only those companies with particularly high greenhouse gas emissions that are recognized for their efforts to improve their performance based on the Transition Pathway Initiative (TPI) Management Quality Score.

Contact:

Stakeholder Relations Department

Phone: [phone]

Inquiry form:https://www.iino.co.jp/kaiun/english/contact/