JT Included in DJSI Asia Pacific for the Eighth Consecutive Year
PR93042
TOKYO, Nov. 15, 2021 /PRNewswire=KYODO JBN/ --
Japan Tobacco Inc. (JT) (TSE: 2914) announces today that it has been
included in the Dow Jones Sustainability Asia Pacific Index (DJSI Asia
Pacific), for the eighth consecutive year, reflecting the company's continued
approach to address social and environmental issues across its value chain.
The DJSI is a recognized worldwide ESG stock index[1] and a global
sustainability benchmark that tracks the stock performance of the world's
leading companies in terms of economic, environmental and social criteria, with
constituents selected on the basis of the S&P Global Corporate Sustainability
Assessment (CSA).[2] The DJSI Asia Pacific is an index of companies in the
Asia-Pacific region that is reviewed once a year and its constituents are
selected from about 600 major companies in the region.
Kazuhito Yamashita, Member of the Board and Senior Vice President, Chief
Sustainability Officer, Compliance and General Affairs, said: "We are delighted
that JT is once again included in the DJSI Asia Pacific this year. The CSA
framework is a comprehensive approach which incorporates the latest trends and
discussions across the spectrum of ESG. Participation in international and
credible ESG assessments allows us to objectively evaluate our own
sustainability measures and disclosure materials. We are committed to promoting
transparent and reliable disclosures of non-financial information. It is one of
the agendas we have been focusing on in recent years, and is an important
initiative in order to advance dialogue with our stakeholders."
JT scored 79/100 in the 2021 S&P Global Corporate Sustainability Assessment,
achieving full score in the Materiality, Risk & Crisis Management,
Environmental Reporting, Operational Eco-Efficiency, Social Reporting, and
Corporate Citizenship and Philanthropy criteria out of 24 total criteria (Score
data: Nov 12, 2021).
The JT Group's sustainability strategy is formulated based on the 4S
model[3], and encompasses its materiality analyses. The foundations of its
sustainability strategy for the whole Group are its "three absolute
requirements for sustainability":
- Respecting human
rights;[https://www.jt.com/sustainability/human_rights/index.html]
- An improved
social[https://www.jt.com/sustainability/human_rights/index.html] and
environmental impact[https://www.jt.com/sustainability/environment/index.html];
and
- Good governance and business
standards[https://www.jt.com/sustainability/governance_compliance/index.html].
The JT Group supports the United Nations' Sustainable Development Goals
(SDGs) and their related targets in the context of the company's business and
operational environments.[4] In order to achieve sustainable growth, it is
essential for the Group to contribute to the sustainable development of society
through its business activities. The JT Group will continue to engage with its
stakeholders and make concerted efforts to ensure that both society and the
Group can grow together to secure a sustainable future.
[1] ESG stock index reflects an organization's measures in terms of social,
environmental and governance performance in addition to its financial
performance.
[2] CSA is an assessment conducted by S&P Global. Companies are categorized
by industry and sent questionnaires that focus on the most important and
relevant ESG factors in each industry to evaluate their ESG approaches in terms
of both transparency and performance.
[3] Pursuing the 4S model is the company's management principle. The JT
Group strives to fulfill its responsibilities to its valued consumers,
shareholders, employees and the wider society, carefully considering the
respective interests of these four key stakeholder groups, and exceeding their
expectations wherever it can.
[4] Please refer to
https://www.jt.com/sustainability/strategy/materiality_strategy_sdgs/index.html
for more details about the JT Group's commitment to SDGs and the specific ways
in which we can contribute to achieving some of the goals.
Japan Tobacco Inc. is a leading international tobacco company with
operations in more than 130 countries. With approximately 58,000 employees, it
manufactures and sells some of the world's best-known brands including Winston,
Camel, MEVIUS and LD. The JT Group is committed to investing in Reduced-Risk
Products (RRP) and currently markets its heated tobacco products under its
Ploom brand and various e-cigarette products under its Logic brand. The Group
is also present in the pharmaceutical and processed food businesses. For more
information, visit https://www.jt.com/.
Contacts:
Dinesh Babu Thotakura, General Manager
Jo Oshiana Ogawa, Associate Manager
Media and Investor Relations Division
Japan Tobacco Inc.
Tokyo: +81-3-6636-2914
E-mail: jt.media.relations@jt.com
Photo: https://mma.prnewswire.com/media/1687954/DJSI_JT.jpg
Logo: https://mma.prnewswire.com/media/1574133/Japan_Tobacco_Logo.jpg
Source: Japan Tobacco Inc.
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