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September 12. 2016
Osaka Gas Co., Ltd. (Takehiro Honjo, President; hereinafter, "Osaka Gas"), has been selected for inclusion in the Dow Jones Sustainability Asia/Pacific Index (“DJSI”), which is a representative socially responsible investment*1 (SRI) index, for the eighth consecutive year. DJSI, announced on September 8, 2016, is the indices of the companies which S&P Dow Jones Indices LLC*2 and RobecoSAM*3 developed in 1999 recognizing companies' information disclosure regarding environment, society and governance for sustainability as outstanding. In 2016, 146 companies including 63 Japanese companies have been selected as the Asia/Pacific Index.
Osaka Gas has also been selected for inclusion in the FTSE4Good Global Index*4 (FTSE4Good) for the eighth consecutive year.
Under the circumstances where an increasing number of investors take company’s sustainability in consideration for their investment in addition to financial state, both DJSI and FTSE4Good are leading SRI indices which investors utilize as one of evaluation criteria for investment. We recognize that our management and accountability for the environment, society and governance have been highly evaluated.
Osaka Gas formulated the Osaka Gas Group CSR Charter in 2006 as its code of conduct which is the guiding principle for group executives and employees as part of its efforts to fulfill its corporate social responsibility (CSR). In 2007, we became the first utility in Japan to join the UN Global Compact*5 and support its principles for addressing issues on sustainability.
Osaka Gas intend to contribute to the realization of a sustainable society through successful achievement of its long-term business vision toward 2020, “Field of Dreams 2020”.
*1: “Socially Responsible Investment” is an investment strategy which aims for both financial growth and social good. Social responsibility includes addressing issues involved with societal aspects including compliance, human rights, labor, product responsibility, environment, community contribution and governance.
*2: It was established in 1882 and is the world’s largest, global resource for index-based concepts, data and researches which provides iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average.
*3: It was established in 1995 and offers asset management, indices, and so on exclusively on sustainability investing.
*4: The index selected by FTSE, a subsidiary of London Stock Exchange Group., twice a year (June and December). As of September 2016, 811 companies all over the world including 175 Japanese companies have been selected for this index.
*5: An initiative proposed by then U.N. Secretary-General Kofi Annan at the 1999 World Economic Forum, which calls for businesses corporations to observe 10 principles concerning human rights, labor, the environment, and the prevention of corruption. The Osaka Gas Group announced its participation in this initiative.
*6: FTSE Russell confirms that Osaka Gas Co., Ltd. has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index company FTSE Russell, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognized corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalize on the benefits of responsible business practice.