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Received ‘AA’ for the first time in MSCI ESG Ratings

2024/05/08




Nippon Kayaku Co., Ltd. (Head Office: Tokyo; President: Mr. Atsuhiro Wakumoto; hereinafter "Nippon Kayaku") received MSCI ESG Ratings of ‘AA’ for the first time in 2024.
The new rating was upgraded by one level from the previous year’s ‘A’ rating, reflecting high evaluation of the Corporate Behavior and Response to Climate Change. The MSCI ESG Ratings is regarded as the global index for ESG investments. MSCI investigates and analyzes how appropriately corporations manage risks and opportunities related to the environment, society and governance (ESG) and rates companies on a seven-point scale from the highest, AAA, to the lowest, CCC.

202220232024
BBBAAA


Nippon Kayaku is currently selected for inclusion in the ESG investment indices used by Japan’s Government Pension Investment Fund (GPIF): MSCI Nihonkabu ESG Select Leaders Index, MSCI Japan Empowering Women Index (WIN), FTSE Blossom Japan Sector Relative Index, and S&P/JPX Carbon Efficient Index.

The inclusion of Nippon Kayaku Co., Ltd. in any MSCI index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement or promotion of Nippon Kayaku Co., Ltd. by MSCI or any of its affiliates. The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.

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