Teijin Named to Dow Jones Sustainability World Index
September 12, 2011 - Japan
Teijin Limited announced today that for the third consecutive year it has been named to the Dow Jones Sustainability World Index (DJSI World), a global indicator for Social Responsible Investment (SRI), effective September 19.
Teijin is the only Japanese company among the 10 included in the chemical sector. A total of 342 companies were selected for this year's index.
The DJSI World, which was jointly developed by Dow Jones and Swiss-based SAM Group in 1999, is the leading sustainability index. It represents the top 10 percent of the largest 2,500 companies in each industry of the Dow Jones Global Index. Each year, the index assesses the economic, environmental and social performance of companies to identify those that demonstrate sustainability leadership.
Teijin also has been named to Dow Jones Sustainability Asia Pacific Index for three consecutive years, and is included in international SRI indexes such as the FTSE4Good Index and the Ethibel Sustainability Index.
Osamu Nishikawa, Chief Social Responsibility Officer and Senior Executive Officer of Teijin Limited, said: "We are honored that the Dow Jones Sustainability World Index has recognized our socially responsible investment practices over the past three years. The Teijin Group is deeply committed to making meaningful contributions to society, including by meeting the highest standards of social and environmental responsibility."
About the Teijin Group
Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers & composites, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Teijin Group, is listed on the Tokyo and Osaka stock exchanges. The group, comprising 150 companies and 17,542 employees worldwide, had consolidated sales of JPY 815.7 billion (USD 10.1 billion) and total assets of JPY 761.5 billion (USD 9.5 billion) in the fiscal year ending March 31, 2011.
Teijin is the only Japanese company among the 10 included in the chemical sector. A total of 342 companies were selected for this year's index.
The DJSI World, which was jointly developed by Dow Jones and Swiss-based SAM Group in 1999, is the leading sustainability index. It represents the top 10 percent of the largest 2,500 companies in each industry of the Dow Jones Global Index. Each year, the index assesses the economic, environmental and social performance of companies to identify those that demonstrate sustainability leadership.
Teijin also has been named to Dow Jones Sustainability Asia Pacific Index for three consecutive years, and is included in international SRI indexes such as the FTSE4Good Index and the Ethibel Sustainability Index.
Osamu Nishikawa, Chief Social Responsibility Officer and Senior Executive Officer of Teijin Limited, said: "We are honored that the Dow Jones Sustainability World Index has recognized our socially responsible investment practices over the past three years. The Teijin Group is deeply committed to making meaningful contributions to society, including by meeting the highest standards of social and environmental responsibility."
About the Teijin Group
Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers & composites, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Teijin Group, is listed on the Tokyo and Osaka stock exchanges. The group, comprising 150 companies and 17,542 employees worldwide, had consolidated sales of JPY 815.7 billion (USD 10.1 billion) and total assets of JPY 761.5 billion (USD 9.5 billion) in the fiscal year ending March 31, 2011.