Jul. 27, 2022
Nippon Steel Corporation
Nippon Steel Corporation (“Nippon Steel”) has been selected for the first
time as a constituent both of the "MSCI Japan ESG Select Leaders Index*," which is adopted by
the Government Pension Investment Fund (GPIF) of Japan to integrate ESG consideration for its selection of
companies for investment, and the "MSCI ESG Leaders Indexes*," one of well-renowned ESG
investment indices.
Nippon Steel has also continuously been selected as a constituent of the "FTSE Blossom Japan
Index," “FTSE Blossom Japan Sector Relative Index,” “S&P/JPX Carbon Efficient
Index,” all of which are adopted by GPIF, and “FTSE4Good Index Series,” another
well-renowned ESG investment index.
- 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 issues, we have adopted “Nippon Steel Carbon Neutral Vision 2050” as our own
initiative, aiming to achieve carbon neutrality by 2050 and reduce CO2 emissions by 30% in 2030 compared
to 2013. We regard this as the greatest priority management issue, and we are now accelerating effort
toward development of breakthrough technologies such as hydrogen reduction steelmaking, pilot plant of
which is to be installed in a Green Innovation Fund project.
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 "MSCI Japan ESG Select Leaders Index" and the "MSCI ESG Leaders Indexes" are
developed by Morgan Stanley Capital International (MSCI). MSCI 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.
[Reference]
Details on MSCI Japan ESG Select Leaders Index
https://www.msci.com/our-solutions/japan-esg-select-leaders-index
Details on MSCI ESG Leaders Indexes
https://www.msci.com/msci-esg-leaders-indexes
For inquiries
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