Jul. 13, 2021
Nippon Steel Corporation
Nippon Steel Corporation has been selected as a constituent both of the
"FTSE4Good Index Series*" and the "FTSE Blossom Japan Index*," well-renowned ESG
(Environment, Social and Governance) investment indices four years in a row. At the same time, NS
Solutions Corporation, one of our subsidiaries, has also been selected as a constituent both of the
indices three years in a row.
- Nippon Steel's ESG initiatives
"Nippon Steel pursues world-leading technologies and manufacturing capabilities, and strives to
contribute to society by providing excellent products and services," as stipulated in its statement
of corporate values, and with an important role to widely support social infrastructure through
steelmaking, we have tackled various issues in society. We believe that our efforts to contribute to the
achievement of a sustainable society will also contribute to the achievement of the SDGs.
Based on this philosophy, in regards to the challenges toward carbon neutrality, one of the
most-important global environmental issues, we adopted “Nippon Steel Carbon Neutral Vision 2050
– A Challenge of Zero-Carbon Steel” as our own new initiative in March, 2021, aiming to
achieve carbon neutrality by 2050 and reduce CO2 emissions by 30% in 2030 compared to 2013. We regard this
as the most-important business task, and we will make a concerted effort toward achieving zero-carbon
steel, such as research and development of unprecedented technologies like hydrogen reduction steelmaking
process, and will continue to lead the world’s steel industry.
We will continue to improve our ESG efforts, and we are committed to create the value of steel and
realize its potential as an indispensable basic material for all industries and for building social
infrastructure. We will return the value of steel to society and thereby contribute to society,
facilitating everyone's enjoyment of the wealth of benefits gained from this.
* The "FTSE4Good Index Series" and the "FTSE Blossom Japan Index" are developed by
FTSE Russell, a wholly owned subsidiary of London Stock Exchange Group. FTSE Russel uses its own ESG
evaluation model based on the existing international ESG standards, including the United Nations
Sustainable Development Goals (SDGs), for selection of companies demonstrating outstanding ESG
initiatives. These indices are widely used as important criteria by investors worldwide, who increasingly
focus on ESG initiatives of companies. The "FTSE Blossom Japan Index" has been adopted by the
Government Pension Investment Fund (GPIF) of Japan to integrate ESG consideration for its selection of
companies for investment.
[Reference]
Details on FTSE4Good Index Series
https://www.ftserussell.com/products/indices/FTSE4Good
Details on FTSE Blossom Japan Index
https://www.ftserussell.com/products/indices/blossom-japan
