Nippon Kayaku Selected as a Constituent of all ESG Indices by GPIF

Nippon Kayaku Co., Ltd. (Head Office: Tokyo; President: Mr. Shigeyuki Kawamura) announced that it has been selected as a constituent of all six ESG (Environmental, Social and Governance) indices targeting Japanese companies by GPIF (Government Pension Investment Fund).

As of July 2025, the GPIF has adopted the following six ESG indices for domestic equities:
- FTSE Blossom Japan Index
- FTSE Blossom Japan Sector Relative Index
- MSCI Nihonkabu ESG Select Leaders Index
- MSCI Japan Empowering Women Index (WIN)
- S&P/JPX Carbon Efficient Index Series
- Morningstar Japan ex-REIT Gender Diversity Tilt Index

The FTSE Blossom Japan Index and the FTSE Blossom Japan Sector Relative Index, created by the global index and data provider FTSE Russell, is designed to measure the performance of companies demonstrating strong ESG practices.

The MSCI Nihonkabu ESG Select Leaders and the MSCI Japan Empowering Women Index　(WIN) were developed by MSCI, a U.S. company providing institutional investors around the world with various support tools for their decision making. Both indices are composed of companies selected from the MSCI Japan IMI Top 700 Index and Top 500 Index with outstanding ESG performance.

The S&P JPX Carbon Efficient Index is an environmental stock index jointly developed by S&P Dow Jones Indices. It weights and ranks TOPIX companies based on how well they disclose environmental information and carbon efficiency (carbon emissions per unit of sales).

The Morningstar ex-REIT Gender Diversity Tilt Index makes use of the data and evaluation methods supplied by Equileap to rank companies based on the extent to which their gender diversity policies have been instilled throughout the organization, and on how they promote equal opportunities regardless of gender.

Considering this selection, we will strive to become even more highly valued and trusted by stakeholders, focusing on sustainable growth and creating long-term corporate value.