Bridgestone named to two MSCI indices
Two of the newest Environment, Society and Governance (ESG) indices developed by investment research firm MSCI recognise Bridgestone Corporation for its commitment to corporate social responsibility. The tyre and rubber products manufacturer features on both the MSCI Japan ESG Select Leaders Index and the MSCI Japan Empowering Women Index (WIN).
Both indices are based on the MSCI Japan IMI Top 500 Index, a parent index, which includes large, mid and small-cap securities in the Japanese markets. The MSCI Japan ESG Select Leaders Index is designed to highlight companies with strong ESG performance. As of June 2017, 251 companies have been included in the index.
The MSCI Japan Empowering Women Index is designed to recognise companies that exhibit a commitment to promoting and maintaining the empowerment of women among their workforce. As of June 2017, 212 companies have been included in the index.
These represent two of three indices that the Government Pension Investment Fund, Japan (GPIF), one of the world’s largest pension funds, has selected as benchmarks for its ESG investment strategy.