Socionext Selected for Inclusion in the Morningstar Japan ex-REIT Gender Diversity Tilt Index
Socionext Inc. announced today that it has been selected for the second consecutive year as a constituent of the Morningstar Japan ex-REIT Gender Diversity Tilt Index, adopted by the Government Pension Investment Fund (GPIF) as an ESG index for Japanese equities.
With this selection, Socionext is now included in four of the six ESG indices adopted by GPIF for Japanese equity investments(*). The company believes that this selection reflects the evaluation of its sustainability initiatives and ongoing efforts to address environmental, social and governance issues.
(*)
FTSE JPX Blossom Japan Index
FTSE JPX Blossom Japan Sector Relative Index
S&P/JPX Carbon Efficient Index
Morningstar Japan ex-REIT Gender Diversity Tilt Index
Driven by its mission, "Together with our global partners, we bring innovation to everyone everywhere," Socionext considers sustainability a key management priority. Through its business activities, Socionext is actively addressing environmental and social challenges such as climate change, while engaging with stakeholders to help build a more sustainable and prosperous society.
About the Morningstar Japan ex-REIT Gender Diversity Tilt Index
The Morningstar Japan ex-REIT Gender Diversity Tilt Index is an equity index provided by Morningstar, Inc., a U.S.-based investment research company. The index is designed to recognize companies that have embedded gender diversity initiatives into their corporate culture and that provide equal opportunities to employees regardless of gender, based on assessments conducted by Equileap, a provider of gender equality data and analytics. Companies are evaluated based on factors such as gender balance in leadership and workforce composition, pay equity, work-life balance, policies that promote gender equality, and commitment to transparency and accountability. Based on these assessments, constituent weightings within the index are adjusted accordingly.