Net One : Selected as a Constituent of FTSE4Good Index Series and FTSE Blossom Japan Index, Major ESG Investment Indices, for the First Time
July 12, 2024 at 07:31 am EDT
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July 11, 2024
Net One Systems Co., Ltd. (Stock code: 7518, TSE Prime)
Net One Systems Selected as a Constituent of FTSE4Good Index Series and FTSE
Blossom Japan Index, Major ESG Investment Indices, for the First Time
Net One Systems Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; President & CEO: Takafumi Takeshita; hereafter, the "Company") has been selected for the first time as a constituent of the FTSE4Good Index Series, a global ESG investment index, and the FTSE Blossom Japan Index, an ESG investment index focused on Japanese companies. The Company has also been selected as a constituent of the FTSE Blossom Japan Sector Relative Index for the third consecutive year since 2022.
The FTSE4Good Index Series and the FTSE Blossom Japan Index were developed by FTSE Russell, a group company of the London Stock Exchange. These indices are designed to measure the performance of companies demonstrating strong environmental, social, and governance (ESG) practices, and are widely used in developing and evaluating sustainable investment funds and other financial products.
Furthermore, the FTSE Blossom Japan Index has been adopted by Japan's Government Pension Investment Fund (GPIF), which operates the world's largest public pension fund, as a benchmark for its ESG passive funds. With our inclusion in the FTSE Blossom Japan Index, we are now included in all six ESG indices adopted by GPIF for domestic equities:
FTSE Blossom Japan Index
FTSE Blossom Japan Sector Relative Index
MSCI Japan ESG Select Leaders Index
MSCI Japan Empowering Women (WIN) Index
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S&P/JPX Carbon Efficient Index
Morningstar Japan ex-REIT Gender Diversity Tilt Index
The Net One Group, with the purpose, "unleash the potential of people and networks, and create a prosperous future by carrying on / inheriting tradition and making innovation happen," believes that contributing to customer success, employee happiness, building co- creation relationships with partners, increasing shareholder value, and preserving the natural environment through its business will lead to growth in corporate value. We will hone our ICT expertise in critical assessment and knowledge born of "superior network technology," "multi-vendor support," and "co-creation with customers" to provide services that create both social and economic values, thereby contributing to building a sustainable society and achieving sustainable growth for our Company.
Net One Group's sustainability site https://www.netone.co.jp/english/sustainability/evaluations/
FTSE4Good Index Series https://www.lseg.com/en/ftse-russell/indices/ftse4good
FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index https://www.lseg.com/en/ftse-russell/indices/blossom-japan
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Net One Systems Co.,Ltd. is a Japan-based company engaged in the system construction of information and communications technology (ICT) and related services. The Company operates in four segments. The ENT segment offers products and services to general private companies. The SP segment offers products and services to telecommunication companies. The PUB segment offers products and services to central ministries, municipalities and companies providing social infrastructure. The Partner segment offers specialized products and services in collaboration with partner companies. Other businesses include server services and others. The Company has two product groups, the equipment product group which is engaged in purchasing and sales of networks and platforms for ICT systems as well as service product group which provides support and services on equipment and systems.